Valeo Financial Advisors LLC Buys 2,538 Shares of Dell Technologies Inc. (NYSE:DELL)

Valeo Financial Advisors LLC boosted its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 27.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 11,708 shares of the technology company's stock after buying an additional 2,538 shares during the period. Valeo Financial Advisors LLC's holdings in Dell Technologies were worth $1,067,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Stratos Wealth Advisors LLC boosted its position in shares of Dell Technologies by 14.2% during the first quarter. Stratos Wealth Advisors LLC now owns 7,847 shares of the technology company's stock worth $715,000 after buying an additional 977 shares during the period. Stratos Investment Management LLC acquired a new position in Dell Technologies during the 1st quarter worth approximately $330,000. Brown Advisory Inc. grew its stake in shares of Dell Technologies by 50.6% during the 1st quarter. Brown Advisory Inc. now owns 139,903 shares of the technology company's stock worth $12,752,000 after acquiring an additional 47,034 shares in the last quarter. Bank Hapoalim BM acquired a new stake in shares of Dell Technologies in the first quarter valued at approximately $1,535,000. Finally, Byrne Financial Freedom LLC lifted its position in shares of Dell Technologies by 15.3% in the first quarter. Byrne Financial Freedom LLC now owns 4,102 shares of the technology company's stock worth $374,000 after purchasing an additional 545 shares in the last quarter. Institutional investors own 76.37% of the company's stock.

Insider Buying and Selling at Dell Technologies

In related news, Director Radakovich Lynn Vojvodich sold 2,900 shares of the firm's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $120.00, for a total transaction of $348,000.00. Following the transaction, the director directly owned 23,680 shares of the company's stock, valued at approximately $2,841,600. This trade represents a 10.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lake Group L.L.C. Silver sold 10,681 shares of the business's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $120.33, for a total transaction of $1,285,244.73. Following the completion of the sale, the director directly owned 938,741 shares of the company's stock, valued at $112,958,704.53. This represents a 1.13% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,113,977 shares of company stock worth $1,471,321,229 in the last 90 days. Company insiders own 42.00% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DELL. Morgan Stanley lifted their price target on shares of Dell Technologies from $89.00 to $126.00 and gave the company an "overweight" rating in a research note on Wednesday, May 21st. Raymond James Financial lifted their target price on Dell Technologies from $144.00 to $150.00 and gave the company an "outperform" rating in a research report on Friday, May 30th. Barclays upped their target price on Dell Technologies from $116.00 to $123.00 and gave the stock an "equal weight" rating in a report on Friday, May 30th. Mizuho raised their price target on Dell Technologies from $140.00 to $145.00 and gave the company an "outperform" rating in a research note on Monday, May 19th. Finally, KeyCorp assumed coverage on Dell Technologies in a research note on Thursday, June 26th. They set a "sector weight" rating on the stock. Four investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. According to data from MarketBeat.com, Dell Technologies has an average rating of "Moderate Buy" and an average target price of $138.00.

Dell Technologies Price Performance

DELL stock traded down $1.01 during midday trading on Friday, reaching $126.90. 3,558,127 shares of the company were exchanged, compared to its average volume of 8,612,370. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $147.66. The firm has a market capitalization of $86.15 billion, a price-to-earnings ratio of 20.24, a price-to-earnings-growth ratio of 1.18 and a beta of 1.02. The business has a 50-day moving average price of $114.25 and a two-hundred day moving average price of $105.69.

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

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Tuesday, July 22nd will be paid a dividend of $0.525 per share. 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 1.65%. Dell Technologies's dividend payout ratio (DPR) is currently 33.49%.

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).