Dell Technologies Inc. (NYSE:DELL) Director Sells $87,000.00 in Stock

Dell Technologies Inc. (NYSE:DELL) Director Radakovich Lynn Vojvodich sold 725 shares of the business’s stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $120.00, for a total transaction of $87,000.00. Following the sale, the director now owns 23,680 shares in the company, valued at approximately $2,841,600. This trade represents a 2.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

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

• On Monday, December 16th, Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock. The stock was sold at an average price of $120.00, for a total transaction of $87,000.00.
• On Friday, November 15th, Radakovich Lynn Vojvodich sold 725 shares of Dell Technologies stock. The shares were sold at an average price of $132.28, for a total transaction of $95,903.00.

Dell Technologies Trading Down 0.5 %

DELL traded down $0.57 during trading on Friday, hitting $113.66. 5,430,217 shares of the company traded hands, compared to its average volume of 7,423,936. The company has a market cap of $79.61 billion, a PE ratio of 20.08, a P/E/G ratio of 1.22 and a beta of 0.92. Dell Technologies Inc. has a 1 year low of $80.49 and a 1 year high of $179.70. The stock’s 50-day simple moving average is $121.12 and its two-hundred day simple moving average is $119.63.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $24.67 billion. During the same period in the prior year, the company earned $1.62 EPS. The business’s revenue was up 9.5% compared to the same quarter last year. Equities analysts expect that Dell Technologies Inc. will post 6.92 EPS for the current 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 annualized dividend and a yield of 1.57%. Dell Technologies’s payout ratio is 31.45%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Melius Research raised their price objective on Dell Technologies from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Deutsche Bank Aktiengesellschaft lowered their price target on Dell Technologies from $144.00 to $142.00 and set a “buy” rating for the company in a research report on Monday, December 2nd. Citigroup cut their price objective on shares of Dell Technologies from $160.00 to $156.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th. Mizuho reduced their price objective on Dell Technologies from $155.00 to $150.00 and set an “outperform” rating for the company in a report on Wednesday, November 27th. Finally, Barclays raised their price target on shares of Dell Technologies from $106.00 to $115.00 and gave the company an “equal weight” rating in a report on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $148.06.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Clean Yield Group bought a new position in Dell Technologies in the 3rd quarter worth about $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 worth $31,000 after purchasing an additional 253 shares in the last quarter. Nemes Rush Group LLC purchased a new position in Dell Technologies during the 2nd quarter worth $33,000. MCF Advisors LLC raised its position in Dell Technologies by 132.0% during the 3rd quarter. MCF Advisors LLC now owns 290 shares of the technology company’s stock valued at $34,000 after purchasing an additional 165 shares in the last quarter. Finally, Covestor Ltd grew its position in shares of Dell Technologies by 290.7% during the 3rd quarter. Covestor Ltd now owns 293 shares of the technology company’s stock worth $35,000 after buying an additional 218 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

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).