Dell Technologies Inc. (NYSE:DVMT) insider David I. Goulden sold 4,700 shares of the stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $87.48, for a total transaction of $411,156.00. Following the completion of the sale, the insider now owns 19,955 shares in the company, valued at $1,745,663.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Dell Technologies Inc. (NYSE DVMT) opened at $88.49 on Monday. The company has a market cap of $17,640.00 and a P/E ratio of -14.85. Dell Technologies Inc. has a 1 year low of $57.64 and a 1 year high of $88.95. The company has a debt-to-equity ratio of 2.98, a current ratio of 0.85 and a quick ratio of 0.78.
Dell Technologies (NYSE:DVMT) last released its quarterly earnings results on Thursday, December 7th. The company reported $1.57 EPS for the quarter. Dell Technologies had a negative net margin of 4.50% and a positive return on equity of 21.53%.
Several hedge funds have recently added to or reduced their stakes in DVMT. Cheyne Capital Management UK LLP acquired a new stake in Dell Technologies during the third quarter worth approximately $2,186,000. Pentwater Capital Management LP boosted its position in Dell Technologies by 0.6% during the third quarter. Pentwater Capital Management LP now owns 1,858,538 shares of the company’s stock worth $143,498,000 after acquiring an additional 11,446 shares during the last quarter. Wells Fargo & Company MN boosted its position in Dell Technologies by 7.1% during the third quarter. Wells Fargo & Company MN now owns 1,602,358 shares of the company’s stock worth $123,719,000 after acquiring an additional 106,567 shares during the last quarter. OZ Management LP boosted its position in Dell Technologies by 1.3% during the third quarter. OZ Management LP now owns 1,498,098 shares of the company’s stock worth $115,668,000 after acquiring an additional 18,868 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Dell Technologies by 0.3% during the third quarter. Dimensional Fund Advisors LP now owns 1,353,765 shares of the company’s stock worth $104,523,000 after acquiring an additional 4,196 shares during the last quarter. Institutional investors and hedge funds own 23.11% of the company’s stock.
Separately, BidaskClub lowered shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 2nd.
About Dell Technologies
Dell Technologies Inc, formerly Denali Holding Inc, is a provider of information technology solutions. The Company operates through two segments: Client Solutions and Enterprise Solutions Group (ESG). The Client Solutions segment includes sales to commercial and consumer customers of desktops, thin client products and notebooks, as well as services and third-party software and peripherals closely tied to the sale of Client Solutions hardware.
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