Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Radakovich Lynn Vojvodich sold 725 shares of the company's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $120.00, for a total transaction of $87,000.00. Following the completion of the sale, the director now directly owns 23,680 shares of the company's stock, valued at $2,841,600. This represents a 2.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, 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 transaction of $93,887.50.
Dell Technologies Stock Down 0.8 %
NYSE DELL opened at $118.29 on Wednesday. The stock has a market capitalization of $83.09 billion, a P/E ratio of 20.90, a P/E/G ratio of 1.26 and a beta of 0.90. Dell Technologies Inc. has a 52-week low of $71.04 and a 52-week high of $179.70. The firm has a 50-day moving average price of $128.14 and a 200 day moving average price of $123.85.
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Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, beating the consensus estimate of $1.83 by $0.32. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The business had revenue of $24.37 billion during the quarter, compared to analysts' expectations of $24.67 billion. During the same period last year, the firm earned $1.62 EPS. The company's quarterly revenue was up 9.5% compared to the same quarter last year. On average, equities research analysts expect that Dell Technologies Inc. will post 6.92 earnings per share for the current fiscal year.
Dell Technologies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be paid a dividend of $0.445 per share. The ex-dividend date is Wednesday, January 22nd. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.50%. Dell Technologies's dividend payout ratio (DPR) is presently 31.45%.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on DELL shares. Sanford C. Bernstein dropped their price objective on Dell Technologies from $155.00 to $140.00 and set an "outperform" rating for the company in a research note on Friday, August 30th. Mizuho dropped their price objective on shares of Dell Technologies from $155.00 to $150.00 and set an "outperform" rating on the stock in a research report on Wednesday, November 27th. Raymond James cut their target price on Dell Technologies from $166.00 to $160.00 and set an "outperform" rating on the stock in a research report on Friday, August 30th. Morgan Stanley lifted their price target on shares of Dell Technologies from $136.00 to $154.00 and gave the stock an "overweight" rating in a research note on Monday, November 11th. Finally, Fox Advisors raised Dell Technologies from an "equal weight" rating to an "overweight" rating in a report on Friday, August 30th. Three equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $148.06.
Get Our Latest Analysis on Dell Technologies
Hedge Funds Weigh In On Dell Technologies
A number of large investors have recently made changes to their positions in DELL. State Street Corp grew its position in Dell Technologies by 92.4% during the third quarter. State Street Corp now owns 12,767,011 shares of the technology company's stock worth $1,513,401,000 after buying an additional 6,131,507 shares during the period. Geode Capital Management LLC boosted its stake in shares of Dell Technologies by 71.8% during the 3rd quarter. Geode Capital Management LLC now owns 6,317,829 shares of the technology company's stock worth $746,596,000 after acquiring an additional 2,641,456 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of Dell Technologies by 19,376.1% in the 3rd quarter. International Assets Investment Management LLC now owns 2,427,699 shares of the technology company's stock worth $287,779,000 after acquiring an additional 2,415,234 shares during the period. DekaBank Deutsche Girozentrale increased its stake in Dell Technologies by 2.3% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 2,276,779 shares of the technology company's stock valued at $319,771,000 after purchasing an additional 51,804 shares in the last quarter. Finally, Alkeon Capital Management LLC boosted its position in Dell Technologies by 48.3% during the third quarter. Alkeon Capital Management LLC now owns 2,146,777 shares of the technology company's stock worth $254,479,000 after purchasing an additional 699,204 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company's stock.
About Dell Technologies
(
Get Free Report)
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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