Free Trial

7,460 Shares in Dell Technologies Inc. (NYSE:DELL) Acquired by IronOak Wealth LLC.

Dell Technologies logo with Computer and Technology background

IronOak Wealth LLC. acquired a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,460 shares of the technology company's stock, valued at approximately $860,000.

Other large investors also recently bought and sold shares of the company. Allen Capital Group LLC boosted its holdings in Dell Technologies by 3.3% in the fourth quarter. Allen Capital Group LLC now owns 2,936 shares of the technology company's stock valued at $338,000 after purchasing an additional 95 shares during the last quarter. Bogart Wealth LLC boosted its stake in shares of Dell Technologies by 7.7% during the 4th quarter. Bogart Wealth LLC now owns 1,398 shares of the technology company's stock worth $161,000 after acquiring an additional 100 shares in the last quarter. Tortoise Investment Management LLC boosted its stake in shares of Dell Technologies by 23.0% during the 4th quarter. Tortoise Investment Management LLC now owns 535 shares of the technology company's stock worth $62,000 after acquiring an additional 100 shares in the last quarter. Vanguard Capital Wealth Advisors boosted its stake in shares of Dell Technologies by 5.9% during the 4th quarter. Vanguard Capital Wealth Advisors now owns 1,800 shares of the technology company's stock worth $207,000 after acquiring an additional 100 shares in the last quarter. Finally, Spire Wealth Management boosted its stake in shares of Dell Technologies by 3.3% during the 4th quarter. Spire Wealth Management now owns 3,290 shares of the technology company's stock worth $379,000 after acquiring an additional 104 shares in the last quarter. Institutional investors own 76.37% of the company's stock.

Insider Transactions at Dell Technologies

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DELL. The Goldman Sachs Group reduced their price target on shares of Dell Technologies from $165.00 to $145.00 and set a "buy" rating for the company in a research report on Monday, March 3rd. Citigroup increased their price objective on shares of Dell Technologies from $128.00 to $135.00 and gave the company a "buy" rating in a report on Friday. Bank of America cut their price objective on shares of Dell Technologies from $155.00 to $150.00 and set a "buy" rating for the company in a report on Tuesday, February 18th. Morgan Stanley increased their price objective on shares of Dell Technologies from $89.00 to $126.00 and gave the company an "overweight" rating in a report on Wednesday, May 21st. Finally, UBS Group dropped their price target 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. Three analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. Based on data from MarketBeat, Dell Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $138.00.

Read Our Latest Stock Analysis on DELL

Dell Technologies Price Performance

Shares of NYSE DELL traded down $2.42 during mid-day trading on Friday, hitting $111.21. The company had a trading volume of 19,189,102 shares, compared to its average volume of 9,803,194. The stock has a market cap of $77.61 billion, a price-to-earnings ratio of 19.65, a PEG ratio of 1.10 and a beta of 0.99. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $161.52. The firm's 50 day simple moving average is $95.00 and its two-hundred day simple moving average is $107.08.

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

About Dell Technologies

(Free Report)

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).

Read More

Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

Should You Invest $1,000 in Dell Technologies Right Now?

Before you consider Dell Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dell Technologies wasn't on the list.

While Dell Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Free Today: Your Guide to Smarter Options Trades Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Top 5 Stocks for June: AI Picks That Aren’t NVIDIA
This Unique Robotaxi Play Could Deliver 10X Returns
NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines