Radakovich Lynn Vojvodich Sells 725 Shares of Dell Technologies Inc. (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Radakovich Lynn Vojvodich sold 725 shares of the business's stock in a transaction on Monday, December 16th. The stock was sold at an average price of $120.00, for a total value of $87,000.00. Following the sale, the director now owns 23,680 shares in the company, valued at $2,841,600. This represents a 2.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Friday, November 15th, Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock. The stock was sold at an average price of $132.28, for a total value of $95,903.00.
• 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 value of $93,887.50.

Dell Technologies Trading Down 0.8 %

DELL stock traded down $0.98 during trading on Tuesday, reaching $118.29. 5,161,545 shares of the stock were exchanged, compared to its average volume of 10,040,636. The firm's 50 day moving average is $128.14 and its 200 day moving average is $123.85. The firm has a market cap of $83.09 billion, a P/E ratio of 20.90, a price-to-earnings-growth ratio of 1.26 and a beta of 0.90. Dell Technologies Inc. has a twelve month low of $71.04 and a twelve month high of $179.70.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.32. The firm had revenue of $24.37 billion during the quarter, compared to analyst estimates of $24.67 billion. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The company's revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.62 EPS. As a group, analysts predict that Dell Technologies Inc. will post 6.92 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be issued a $0.445 dividend. This represents a $1.78 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Wednesday, January 22nd. Dell Technologies's dividend payout ratio is presently 31.45%.

Hedge Funds Weigh In On Dell Technologies

Several institutional investors have recently modified their holdings of DELL. Blue Trust Inc. grew its holdings in shares of Dell Technologies by 501.0% in the second quarter. Blue Trust Inc. now owns 607 shares of the technology company's stock valued at $84,000 after acquiring an additional 506 shares in the last quarter. Brookstone Capital Management bought a new position in shares of Dell Technologies in the second quarter valued at approximately $259,000. Raymond James & Associates grew its holdings in shares of Dell Technologies by 74.4% in the second quarter. Raymond James & Associates now owns 483,562 shares of the technology company's stock valued at $66,688,000 after acquiring an additional 206,347 shares in the last quarter. Western Wealth Management LLC bought a new position in Dell Technologies during the second quarter valued at $260,000. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in Dell Technologies by 102.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 126,609 shares of the technology company's stock valued at $17,461,000 after purchasing an additional 63,937 shares during the period. 76.37% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have commented on DELL. Melius Research lifted their target price on Dell Technologies from $140.00 to $155.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. Mizuho dropped their price objective on Dell Technologies from $155.00 to $150.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 27th. UBS Group dropped their price objective on Dell Technologies from $164.00 to $158.00 and set a "buy" rating on the stock in a research note on Friday, August 30th. Barclays boosted their price objective on Dell Technologies from $106.00 to $115.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 27th. Finally, Morgan Stanley boosted 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, November 11th. Three analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $148.06.

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).