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2,595 Shares in Dell Technologies Inc. (NYSE:DELL) Purchased by Mason & Associates Inc

Dell Technologies logo with Computer and Technology background

Mason & Associates Inc purchased a new position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,595 shares of the technology company's stock, valued at approximately $237,000.

Other institutional investors have also modified their holdings of the company. Rhumbline Advisers increased its position in shares of Dell Technologies by 4.0% in the fourth quarter. Rhumbline Advisers now owns 635,264 shares of the technology company's stock valued at $73,208,000 after buying an additional 24,205 shares in the last quarter. State of New Jersey Common Pension Fund D increased its holdings in Dell Technologies by 10.6% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 116,295 shares of the technology company's stock worth $13,402,000 after acquiring an additional 11,155 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in Dell Technologies by 44.9% during the first quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock worth $238,000 after acquiring an additional 809 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Dell Technologies by 79.4% during the fourth quarter. Jones Financial Companies Lllp now owns 11,384 shares of the technology company's stock worth $1,312,000 after purchasing an additional 5,040 shares in the last quarter. Finally, Chevy Chase Trust Holdings LLC raised its position in shares of Dell Technologies by 4.5% during the 4th quarter. Chevy Chase Trust Holdings LLC now owns 162,195 shares of the technology company's stock worth $18,691,000 after purchasing an additional 6,951 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on DELL. Barclays boosted their price objective on Dell Technologies from $116.00 to $123.00 and gave the stock an "equal weight" rating in a research note on Friday, May 30th. UBS Group decreased their price objective on Dell Technologies from $150.00 to $145.00 and set a "buy" rating on the stock in a report on Friday, May 30th. Wells Fargo & Company dropped their target price on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a report on Friday, February 28th. The Goldman Sachs Group dropped their price objective on shares of Dell Technologies from $165.00 to $145.00 and set a "buy" rating for the company in a research note on Monday, March 3rd. Finally, TD Cowen raised their target price on shares of Dell Technologies from $120.00 to $125.00 and gave the stock a "hold" 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $138.00.

Get Our Latest Report on Dell Technologies

Insider Buying and Selling at Dell Technologies

In other news, General Counsel Richard J. Rothberg sold 70,165 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $108.82, for a total transaction of $7,635,355.30. Following the transaction, the general counsel now directly owns 79,928 shares in the company, valued at approximately $8,697,764.96. This trade represents a 46.75% decrease in their ownership of the stock. 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 on Friday, March 28th. The stock was sold at an average price of $93.29, for a total transaction 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. This represents a 2.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 851,905 shares of company stock worth $97,155,665 over the last three months. Insiders own 42.00% of the company's stock.

Dell Technologies Trading Up 3.7%

DELL traded up $4.07 on Monday, hitting $113.63. 5,283,654 shares of the company were exchanged, compared to its average volume of 9,307,289. The company has a market cap of $79.30 billion, a price-to-earnings ratio of 20.08, a price-to-earnings-growth ratio of 1.10 and a beta of 1.01. The firm has a 50-day moving average price of $100.19 and a two-hundred day moving average price of $105.25. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $161.52.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings data on Thursday, May 29th. The technology company reported $1.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.68 by ($0.13). The firm 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 191.91% and a net margin of 4.36%. Dell Technologies's revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the firm posted $1.27 earnings per share. Equities analysts expect that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Company Profile

(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).

Further Reading

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

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