Vest Financial LLC Has $1.18 Million Stake in Dell Technologies Inc. (NYSE:DELL)

Vest Financial LLC lessened its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 48.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,918 shares of the technology company's stock after selling 12,125 shares during the period. Vest Financial LLC's holdings in Dell Technologies were worth $1,177,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Dell Technologies by 48.4% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,533 shares of the technology company's stock valued at $140,000 after purchasing an additional 500 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in Dell Technologies by 25.4% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 43,728 shares of the technology company's stock valued at $3,986,000 after buying an additional 8,866 shares during the last quarter. Fulton Bank N.A. raised its holdings in Dell Technologies by 6.3% in the 1st quarter. Fulton Bank N.A. now owns 15,640 shares of the technology company's stock worth $1,426,000 after acquiring an additional 930 shares during the period. Merit Financial Group LLC boosted its holdings in Dell Technologies by 67.2% during the first quarter. Merit Financial Group LLC now owns 6,051 shares of the technology company's stock valued at $552,000 after acquiring an additional 2,431 shares during the period. Finally, High Net Worth Advisory Group LLC grew its position in shares of Dell Technologies by 27.7% in the first quarter. High Net Worth Advisory Group LLC now owns 6,410 shares of the technology company's stock valued at $584,000 after purchasing an additional 1,390 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. JPMorgan Chase & Co. increased their target price on Dell Technologies from $111.00 to $125.00 and gave the company an "overweight" rating in a research note on Friday, May 30th. Barclays increased their price objective on Dell Technologies from $116.00 to $123.00 and gave the company an "equal weight" rating in a research report on Friday, May 30th. OTR Global raised shares of Dell Technologies from a "negative" rating to a "positive" rating in a research report on Wednesday, February 12th. Citigroup increased their price target on shares of Dell Technologies from $128.00 to $135.00 and gave the company a "buy" rating in a report on Friday, May 30th. Finally, Wells Fargo & Company dropped their price objective on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating on the stock in a report on Friday, February 28th. Three analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $138.00.

Insider Transactions at Dell Technologies

In other Dell Technologies news, CFO Yvonne Mcgill sold 8,000 shares of the business's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $110.80, for a total transaction of $886,400.00. Following the completion of the sale, the chief financial officer now directly owns 245,804 shares of the company's stock, valued at approximately $27,235,083.20. The trade was a 3.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Brunilda Rios sold 926 shares of the firm's stock in a transaction dated Friday, March 28th. The shares were sold at an average price of $93.29, for a total transaction of $86,386.54. Following the completion of the transaction, the chief accounting officer now directly owns 37,948 shares in the company, valued at $3,540,168.92. This trade represents a 2.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 79,091 shares of company stock valued at $8,608,142 in the last three months. 42.00% of the stock is owned by corporate insiders.

Dell Technologies Price Performance

Shares of Dell Technologies stock traded up $0.52 during midday trading on Monday, hitting $114.27. 5,117,154 shares of the company were exchanged, compared to its average volume of 9,441,500. The firm has a 50 day simple moving average of $96.79 and a 200-day simple moving average of $106.07. The firm has a market cap of $79.74 billion, a P/E ratio of 20.19, a PEG ratio of 1.10 and a beta of 1.01. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $161.52.

Dell Technologies (NYSE:DELL - Get Free Report) last issued 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). The firm had revenue of $23.38 billion during the quarter, compared to analyst estimates 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 for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.27 EPS. Equities research analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

About Dell Technologies

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).