Dell Technologies Inc. (NYSE:DELL) Shares Sold by G&S Capital LLC

G&S Capital LLC cut its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 47.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,498 shares of the technology company's stock after selling 10,287 shares during the quarter. G&S Capital LLC's holdings in Dell Technologies were worth $1,048,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Bellwether Advisors LLC bought a new position in shares of Dell Technologies during the fourth quarter valued at approximately $25,000. Vision Financial Markets LLC purchased a new stake in Dell Technologies in the fourth quarter worth $26,000. Lee Danner & Bass Inc. bought a new stake in shares of Dell Technologies during the fourth quarter worth $26,000. Crowley Wealth Management Inc. boosted its stake in shares of Dell Technologies by 86.2% during the first quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company's stock valued at $30,000 after purchasing an additional 150 shares during the period. Finally, McIlrath & Eck LLC grew its holdings in shares of Dell Technologies by 155.8% in the fourth quarter. McIlrath & Eck LLC now owns 330 shares of the technology company's stock worth $38,000 after purchasing an additional 201 shares during the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on DELL shares. Mizuho boosted their price target on Dell Technologies from $140.00 to $145.00 and gave the company an "outperform" rating in a report on Monday, May 19th. Morgan Stanley raised their price target on Dell Technologies from $89.00 to $126.00 and gave the company an "overweight" rating in a research note on Wednesday, May 21st. UBS Group lowered their price objective on shares of Dell Technologies from $150.00 to $145.00 and set a "buy" rating for the company in a research note on Friday, May 30th. JPMorgan Chase & Co. raised their target price on shares of Dell Technologies from $111.00 to $125.00 and gave the company an "overweight" rating in a research report on Friday, May 30th. Finally, Evercore ISI reaffirmed an "outperform" rating on shares of Dell Technologies in a research report on Thursday, May 29th. Five investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $138.00.

Dell Technologies Stock Performance

NYSE:DELL traded down $1.36 during mid-day trading on Monday, hitting $122.63. 5,422,806 shares of the company's stock traded hands, compared to its average volume of 8,807,308. The company has a fifty day moving average of $107.51 and a 200 day moving average of $104.96. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $150.23. The company has a market capitalization of $83.25 billion, a P/E ratio of 19.56, a P/E/G ratio of 1.14 and a beta of 1.01.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings results on Thursday, May 29th. The technology company reported $1.55 earnings per share for the quarter, missing analysts' consensus estimates of $1.68 by ($0.13). The business had revenue of $23.38 billion for the quarter, compared to analysts' expectations of $23.17 billion. Dell Technologies had a negative return on equity of 226.48% and a net margin of 4.63%. Dell Technologies's revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.27 EPS. On average, research analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd will be issued a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, July 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.71%. Dell Technologies's dividend payout ratio is currently 33.49%.

Insider Buying and Selling at Dell Technologies

In related news, Director Radakovich Lynn Vojvodich sold 2,900 shares of the company's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $120.00, for a total value of $348,000.00. Following the sale, the director owned 23,680 shares in the company, valued at $2,841,600. This represents a 10.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $126.20, for a total transaction of $78,875,000.00. Following the completion of the transaction, the director owned 960,050 shares in the company, valued at approximately $121,158,310. This trade represents a 39.43% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,113,977 shares of company stock valued at $1,471,321,229. Company insiders own 42.00% of the company's stock.

Dell Technologies Company 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).