6,477 Shares in Dell Technologies Inc. (NYSE:DELL) Bought by Persium Advisors LLC

Persium Advisors LLC bought a new stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 6,477 shares of the technology company's stock, valued at approximately $746,000. Dell Technologies comprises approximately 0.7% of Persium Advisors LLC's portfolio, making the stock its 12th largest holding.

Other institutional investors have also made changes to their positions in the company. Clean Yield Group acquired a new position in shares of Dell Technologies in the 3rd quarter valued at $25,000. True Wealth Design LLC grew its stake in Dell Technologies by 2,530.0% in the third quarter. True Wealth Design LLC now owns 263 shares of the technology company's stock valued at $31,000 after acquiring an additional 253 shares during the period. Nemes Rush Group LLC bought a new stake in shares of Dell Technologies in the second quarter worth about $33,000. MCF Advisors LLC raised its position in shares of Dell Technologies by 132.0% during the third quarter. MCF Advisors LLC now owns 290 shares of the technology company's stock worth $34,000 after purchasing an additional 165 shares during the period. Finally, Covestor Ltd grew its position in shares of Dell Technologies by 290.7% in the 3rd quarter. Covestor Ltd now owns 293 shares of the technology company's stock valued at $35,000 after purchasing an additional 218 shares during the period. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Dell Technologies news, CFO Yvonne Mcgill sold 8,000 shares of the business's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $143.24, for a total transaction of $1,145,920.00. Following the completion of the transaction, the chief financial officer now owns 236,419 shares of the company's stock, valued at approximately $33,864,657.56. The trade was a 3.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of the firm's stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $119.73, for a total transaction of $59,750,657.85. Following the completion of the sale, the director now owns 810,657 shares in the company, valued at approximately $97,059,962.61. The trade was a 38.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 946,132 shares of company stock valued at $115,666,897 over the last quarter. 46.70% of the stock is owned by company insiders.

Dell Technologies Stock Down 4.1 %

Shares of NYSE DELL traded down $4.69 during midday trading on Monday, hitting $110.08. 11,505,801 shares of the company's stock were exchanged, compared to its average volume of 7,068,438. Dell Technologies Inc. has a 12 month low of $76.90 and a 12 month high of $179.70. The company's 50 day moving average price is $125.11 and its 200 day moving average price is $121.03. The firm has a market capitalization of $77.32 billion, a PE ratio of 19.45, a price-to-earnings-growth ratio of 1.25 and a beta of 0.90.

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

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Wednesday, January 22nd. Dell Technologies's dividend payout ratio (DPR) is presently 31.45%.

Analysts Set New Price Targets

A number of research analysts have weighed in on DELL shares. Mizuho cut their price target on shares of Dell Technologies from $155.00 to $150.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 27th. Melius Research boosted their price target on Dell Technologies from $140.00 to $155.00 and gave the company a "buy" rating in a report on Wednesday, November 27th. Morgan Stanley increased their price objective on Dell Technologies from $136.00 to $154.00 and gave the stock an "overweight" rating in a report on Monday, November 11th. Evercore ISI restated an "outperform" rating and issued a $150.00 target price on shares of Dell Technologies in a research note on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Dell Technologies from $144.00 to $142.00 and set a "buy" rating on the stock in a report on Monday, December 2nd. Three analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat, Dell Technologies presently has a consensus rating of "Moderate Buy" and an average price target of $148.06.

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).