Franklin Street Advisors Inc. NC Has $11.88 Million Stock Holdings in Dell Technologies Inc. (NYSE:DELL)

Franklin Street Advisors Inc. NC lowered its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 5.1% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 130,287 shares of the technology company's stock after selling 6,958 shares during the period. Franklin Street Advisors Inc. NC's holdings in Dell Technologies were worth $11,876,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bellwether Advisors LLC bought a new stake in shares of Dell Technologies during the fourth quarter worth approximately $25,000. Vision Financial Markets LLC bought a new stake in shares of Dell Technologies during the fourth quarter worth approximately $26,000. Lee Danner & Bass Inc. bought a new stake in shares of Dell Technologies during the fourth quarter worth approximately $26,000. Stonebridge Financial Group LLC bought a new stake in shares of Dell Technologies during the fourth quarter worth approximately $37,000. Finally, JFS Wealth Advisors LLC boosted its holdings in shares of Dell Technologies by 204.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 329 shares of the technology company's stock worth $38,000 after acquiring an additional 221 shares during the period. Institutional investors own 76.37% of the company's stock.

Dell Technologies Stock Performance

Shares of DELL traded down $3.92 during trading hours on Friday, reaching $109.48. The stock had a trading volume of 5,121,351 shares, compared to its average volume of 9,323,437. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $161.52. The stock has a market capitalization of $76.40 billion, a PE ratio of 19.34, a PEG ratio of 1.10 and a beta of 1.01. The company's 50-day moving average is $100.19 and its two-hundred day moving average is $105.51.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing analysts' consensus estimates of $1.68 by ($0.13). Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The firm had revenue of $23.38 billion during the quarter, compared to the consensus estimate of $23.17 billion. During the same quarter in the previous year, the company posted $1.27 earnings per share. The firm's revenue was up 5.1% on a year-over-year basis. Equities analysts anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Dell Technologies news, CFO Yvonne Mcgill sold 8,000 shares of the stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $110.80, for a total transaction of $886,400.00. Following the completion of the sale, the chief financial officer now directly owns 245,804 shares in the company, valued at approximately $27,235,083.20. This trade represents a 3.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Brunilda Rios sold 926 shares of the stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $93.29, for a total value of $86,386.54. Following the sale, the chief accounting officer now owns 37,948 shares of the company's stock, valued at approximately $3,540,168.92. The trade was a 2.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 851,905 shares of company stock valued at $97,155,665 in the last three months. Insiders own 42.00% of the company's stock.

Wall Street Analyst Weigh In

DELL has been the subject of a number of research analyst reports. Bank of America cut their price target on Dell Technologies from $155.00 to $150.00 and set a "buy" rating for the company in a research note on Tuesday, February 18th. Wells Fargo & Company cut their price target on Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a research note on Friday, February 28th. Loop Capital cut their price target on Dell Technologies from $185.00 to $130.00 and set a "buy" rating for the company in a research note on Tuesday, March 4th. TD Cowen boosted their price target on Dell Technologies from $120.00 to $125.00 and gave the company a "hold" rating in a research note on Friday, May 30th. Finally, JPMorgan Chase & Co. upped their target price on Dell Technologies from $111.00 to $125.00 and gave the stock an "overweight" rating in a research note on Friday, May 30th. Three equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $138.00.

Dell Technologies Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).