Dell Technologies Inc. (NYSE:DELL) Shares Purchased by Vectors Research Management LLC

Vectors Research Management LLC raised its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 669.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,461 shares of the technology company's stock after purchasing an additional 10,841 shares during the quarter. Vectors Research Management LLC's holdings in Dell Technologies were worth $1,470,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Clean Yield Group purchased a new stake in shares of Dell Technologies in the 3rd quarter worth approximately $25,000. Accordant Advisory Group Inc purchased a new stake in shares of Dell Technologies during the 2nd quarter worth $28,000. New Covenant Trust Company N.A. purchased a new position in Dell Technologies in the first quarter valued at about $30,000. Nemes Rush Group LLC purchased a new stake in shares of Dell Technologies during the second quarter valued at about $33,000. Finally, Crewe Advisors LLC bought a new stake in shares of Dell Technologies in the 2nd quarter valued at about $34,000. Hedge funds and other institutional investors own 38.10% of the company's stock.

Insider Activity at Dell Technologies

In other news, CEO Michael S. Dell sold 10,000,000 shares of the firm's stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $122.40, for a total value of $1,224,000,000.00. Following the completion of the sale, the chief executive officer now directly owns 16,912,241 shares of the company's stock, valued at $2,070,058,298.40. This trade represents a 37.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $129.50, for a total value of $93,887.50. Following the completion of the transaction, the director now owns 23,680 shares of the company's stock, valued at $3,066,560. The trade was a 2.97 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 17,953,387 shares of company stock valued at $2,113,353,236 in the last ninety days. Insiders own 46.70% of the company's stock.

Dell Technologies Stock Down 2.1 %

NYSE DELL traded down $2.81 on Friday, reaching $131.62. The stock had a trading volume of 4,994,546 shares, compared to its average volume of 10,081,875. Dell Technologies Inc. has a 12-month low of $67.51 and a 12-month high of $179.70. The stock has a fifty day moving average price of $122.43 and a two-hundred day moving average price of $126.37. The firm has a market capitalization of $92.45 billion, a price-to-earnings ratio of 24.31, a P/E/G ratio of 1.42 and a beta of 0.89.

Dell Technologies (NYSE:DELL - Get Free Report) last released its earnings results on Thursday, August 29th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.49 by $0.40. Dell Technologies had a net margin of 4.32% and a negative return on equity of 178.09%. The company had revenue of $25.03 billion for the quarter, compared to analyst estimates of $24.14 billion. During the same period in the prior year, the business earned $1.44 EPS. The firm's quarterly revenue was up 9.1% on a year-over-year basis. Sell-side analysts forecast that Dell Technologies Inc. will post 6.92 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd were issued a $0.445 dividend. This represents a $1.78 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend was Tuesday, October 22nd. Dell Technologies's payout ratio is 32.72%.

Analyst Ratings Changes

A number of research analysts have issued reports on DELL shares. UBS Group decreased their price target on shares of Dell Technologies from $164.00 to $158.00 and set a "buy" rating for the company in a report on Friday, August 30th. Sanford C. Bernstein cut their price target on shares of Dell Technologies from $155.00 to $140.00 and set an "outperform" rating on the stock in a report on Friday, August 30th. TD Cowen cut their price objective on shares of Dell Technologies from $155.00 to $128.00 and set a "hold" rating on the stock in a research note on Friday, August 30th. Raymond James decreased their target price on shares of Dell Technologies from $166.00 to $160.00 and set an "outperform" rating for the company in a research report on Friday, August 30th. Finally, Morgan Stanley lifted their price objective on Dell Technologies from $136.00 to $154.00 and gave the company an "overweight" rating in a research note on Monday. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, Dell Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $144.63.

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).