Jackson Square Capital LLC Has $213,000 Position in Dell Technologies Inc. (NYSE:DELL)

Jackson Square Capital LLC trimmed its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 80.2% in the first quarter, according to its most recent filing with the SEC. The firm owned 2,332 shares of the technology company's stock after selling 9,420 shares during the period. Jackson Square Capital LLC's holdings in Dell Technologies were worth $213,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Bellwether Advisors LLC acquired a new stake in shares of Dell Technologies in the 4th quarter valued at $25,000. Vision Financial Markets LLC bought a new position in Dell Technologies during the 4th quarter valued at about $26,000. Lee Danner & Bass Inc. acquired a new position in Dell Technologies in the fourth quarter valued at about $26,000. Crowley Wealth Management Inc. grew its stake in Dell Technologies by 86.2% during the first quarter. Crowley Wealth Management Inc. now owns 324 shares of the technology company's stock worth $30,000 after buying an additional 150 shares during the last quarter. Finally, Stonebridge Financial Group LLC bought a new position in shares of Dell Technologies in the fourth quarter valued at approximately $37,000. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director V (Gp) L.L.C. Slta sold 527,187 shares of the company's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $112.83, for a total transaction of $59,482,509.21. Following the sale, the director now owns 938,741 shares in the company, valued at approximately $105,918,147.03. This represents a 35.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Richard J. Rothberg sold 70,165 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $108.82, for a total value of $7,635,355.30. Following the completion of the sale, the general counsel now directly owns 79,928 shares of the company's stock, valued at approximately $8,697,764.96. The trade was a 46.75% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,379,092 shares of company stock valued at $156,638,174 in the last quarter. 42.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on DELL shares. Wells Fargo & Company cut their price objective on Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a research report on Friday, February 28th. UBS Group cut their price target on Dell Technologies from $150.00 to $145.00 and set a "buy" rating for the company in a report on Friday, May 30th. Morgan Stanley increased their price objective on shares of Dell Technologies from $89.00 to $126.00 and gave the stock an "overweight" rating in a report on Wednesday, May 21st. Evercore ISI reaffirmed an "outperform" rating on shares of Dell Technologies in a research note on Thursday, May 29th. Finally, Loop Capital cut their price target on Dell Technologies from $185.00 to $130.00 and set a "buy" rating on the stock in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $138.00.

Dell Technologies Stock Performance

NYSE DELL traded up $2.17 during trading hours on Tuesday, reaching $115.91. 5,672,268 shares of the company's stock were exchanged, compared to its average volume of 9,292,851. The company has a market capitalization of $80.89 billion, a price-to-earnings ratio of 20.48, a price-to-earnings-growth ratio of 1.10 and a beta of 1.01. The company's 50-day moving average is $101.01 and its two-hundred day moving average is $105.15. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $161.52.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings data 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 negative return on equity of 191.91% and a net margin of 4.36%. The company had revenue of $23.38 billion for the quarter, compared to analyst estimates of $23.17 billion. During the same quarter in the previous year, the business earned $1.27 earnings per share. The company's revenue was up 5.1% on a year-over-year basis. Research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

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).