Dell Technologies Inc. (NYSE:DELL) Director V (Gp) L.L.C. Slta Sells 325,167 Shares

Dell Technologies Inc. (NYSE:DELL) Director V (Gp) L.L.C. Slta sold 325,167 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $124.52, for a total value of $40,489,794.84. Following the sale, the director now owns 810,657 shares in the company, valued at approximately $100,943,009.64. This represents a 28.63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

V (Gp) L.L.C. Slta also recently made the following trade(s):

• On Friday, December 6th, V (Gp) L.L.C. Slta sold 103,745 shares of Dell Technologies stock. The shares were sold at an average price of $125.28, for a total value of $12,997,173.60.

Dell Technologies Stock Down 1.7 %

Dell Technologies stock opened at $119.23 on Thursday. The firm has a fifty day simple moving average of $125.92 and a two-hundred day simple moving average of $121.67. Dell Technologies Inc. has a twelve month low of $76.90 and a twelve month high of $179.70. The company has a market capitalization of $83.52 billion, a PE ratio of 21.07, a P/E/G ratio of 1.26 and a beta of 0.92.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.32. The company had revenue of $24.37 billion during the quarter, compared to analysts’ expectations of $24.67 billion. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. Dell Technologies’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.62 EPS. As a group, equities analysts expect that Dell Technologies Inc. will post 6.92 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued 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 yield of 1.49%. Dell Technologies’s dividend payout ratio is currently 31.45%.

Analyst Ratings Changes

DELL has been the subject of a number of recent analyst reports. Morgan Stanley lifted their target price on Dell Technologies from $136.00 to $154.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Melius Research upped their target price on shares of Dell Technologies from $140.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. Mizuho cut their price target on shares of Dell Technologies from $155.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, November 27th. Barclays boosted their price target on shares of Dell Technologies from $106.00 to $115.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 27th. Finally, Evercore ISI reiterated an “outperform” rating and issued a $150.00 price objective on shares of Dell Technologies in a research report on Wednesday, November 20th. Three research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $148.06.

Institutional Investors Weigh In On Dell Technologies

A number of large investors have recently added to or reduced their stakes in the company. iA Global Asset Management Inc. grew its stake in shares of Dell Technologies by 84.7% in the third quarter. iA Global Asset Management Inc. now owns 11,345 shares of the technology company’s stock worth $1,345,000 after purchasing an additional 5,203 shares during the last quarter. National Pension Service grew its position in shares of Dell Technologies by 8.8% in the 3rd quarter. National Pension Service now owns 620,406 shares of the technology company’s stock worth $73,543,000 after buying an additional 50,304 shares during the last quarter. Woodmont Investment Counsel LLC bought a new position in shares of Dell Technologies during the third quarter valued at approximately $5,780,000. Retirement Systems of Alabama purchased a new stake in Dell Technologies in the third quarter worth $7,435,000. Finally, Harvey Capital Management Inc. bought a new stake in Dell Technologies in the third quarter valued at $2,848,000. Institutional investors own 76.37% of the company’s stock.

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).