Insider Selling: Dell Technologies Inc. (NYSE:DELL) Director Sells 725 Shares of Stock

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Radakovich Lynn Vojvodich sold 725 shares of the firm's stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $132.28, for a total value of $95,903.00. Following the transaction, the director now owns 23,680 shares in the company, valued at $3,132,390.40. This represents a 2.97 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Radakovich Lynn Vojvodich also recently made the following trade(s):

• On Tuesday, October 15th, Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock. The stock was sold at an average price of $129.50, for a total transaction of $93,887.50.

Dell Technologies Stock Performance

Shares of Dell Technologies stock traded down $0.11 during trading on Tuesday, hitting $135.90. 5,183,719 shares of the stock were exchanged, compared to its average volume of 10,042,193. Dell Technologies Inc. has a 12 month low of $67.51 and a 12 month high of $179.70. The stock's fifty day moving average is $123.63 and its 200 day moving average is $126.55. The stock has a market cap of $95.45 billion, a PE ratio of 24.64, a P/E/G ratio of 1.39 and a beta of 0.89.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings data 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 negative return on equity of 178.09% and a net margin of 4.32%. The business had revenue of $25.03 billion during the quarter, compared to analyst estimates of $24.14 billion. During the same period in the prior year, the company posted $1.44 EPS. The business's revenue for the quarter was up 9.1% compared to the same quarter last year. Sell-side analysts anticipate that Dell Technologies Inc. will post 6.92 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd were given a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend was Tuesday, October 22nd. Dell Technologies's dividend payout ratio (DPR) is presently 32.72%.

Institutional Trading of Dell Technologies

Several institutional investors have recently modified their holdings of DELL. Clean Yield Group bought a new position in shares of Dell Technologies during the 3rd quarter valued at about $25,000. Accordant Advisory Group Inc acquired a new position in Dell Technologies in the second quarter worth approximately $28,000. New Covenant Trust Company N.A. bought a new stake in shares of Dell Technologies during the 1st quarter worth $30,000. True Wealth Design LLC lifted its holdings in shares of Dell Technologies by 2,530.0% during the third quarter. True Wealth Design LLC now owns 263 shares of the technology company's stock valued at $31,000 after purchasing an additional 253 shares during the last quarter. Finally, Nemes Rush Group LLC purchased a new position in Dell Technologies in the 2nd quarter worth about $33,000. Institutional investors and hedge funds own 38.10% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DELL. Mizuho assumed coverage on shares of Dell Technologies in a research report on Tuesday, September 17th. They set an "outperform" rating and a $135.00 price objective on the stock. Susquehanna began coverage on Dell Technologies in a report on Tuesday, September 10th. They set a "neutral" rating and a $120.00 price target for the company. Morgan Stanley boosted their target price on Dell Technologies from $136.00 to $154.00 and gave the stock an "overweight" rating in a research report on Monday, November 11th. Raymond James dropped their price objective on Dell Technologies from $166.00 to $160.00 and set an "outperform" rating on the stock in a report on Friday, August 30th. Finally, Citigroup raised their target price on shares of Dell Technologies from $155.00 to $160.00 and gave the company a "buy" rating in a report on Friday, August 30th. Three investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $145.88.

Dell Technologies Company 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).

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