Dell Technologies Inc. (NYSE:DELL) Director Radakovich Lynn Vojvodich Sells 725 Shares

Dell Technologies Inc. (NYSE:DELL) Director Radakovich Lynn Vojvodich sold 725 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $132.28, for a total transaction of $95,903.00. Following the transaction, the director now directly owns 23,680 shares of the company’s stock, valued at approximately $3,132,390.40. This represents a 2.97 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• 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 0.1 %

Shares of NYSE:DELL opened at $135.85 on Wednesday. The business has a fifty day simple moving average of $124.21 and a 200 day simple moving average of $126.62. Dell Technologies Inc. has a 12-month low of $67.51 and a 12-month high of $179.70. The firm has a market cap of $95.42 billion, a P/E ratio of 24.97, a P/E/G ratio of 1.39 and a beta of 0.89.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, August 29th. The technology company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.49 by $0.40. Dell Technologies had a negative return on equity of 178.09% and a net margin of 4.32%. The business had revenue of $25.03 billion for the quarter, compared to analysts’ expectations of $24.14 billion. During the same period in the prior year, the business posted $1.44 earnings per share. The firm’s revenue was up 9.1% on a year-over-year basis. As a group, equities research analysts expect that Dell Technologies Inc. will post 6.92 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 22nd were issued a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend was Tuesday, October 22nd. Dell Technologies’s dividend payout ratio is currently 32.72%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of DELL. GPS Wealth Strategies Group LLC boosted its holdings in shares of Dell Technologies by 1.4% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 5,959 shares of the technology company’s stock worth $822,000 after buying an additional 80 shares during the last quarter. Intrepid Financial Planning Group LLC lifted its holdings in Dell Technologies by 0.7% during the 3rd quarter. Intrepid Financial Planning Group LLC now owns 12,002 shares of the technology company’s stock worth $1,423,000 after purchasing an additional 80 shares in the last quarter. Smithfield Trust Co boosted its position in shares of Dell Technologies by 8.0% in the third quarter. Smithfield Trust Co now owns 1,139 shares of the technology company’s stock valued at $134,000 after acquiring an additional 84 shares during the period. Graypoint LLC grew its position in shares of Dell Technologies by 4.3% during the 3rd quarter. Graypoint LLC now owns 2,086 shares of the technology company’s stock valued at $247,000 after purchasing an additional 86 shares in the last quarter. Finally, Affinity Wealth Management LLC increased its stake in Dell Technologies by 2.5% in the 3rd quarter. Affinity Wealth Management LLC now owns 3,560 shares of the technology company’s stock worth $422,000 after acquiring an additional 87 shares during the last quarter. Hedge funds and other institutional investors own 38.10% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Dell Technologies in a research report on Friday, September 27th. They set a “buy” rating and a $144.00 target price for the company. Evercore ISI reaffirmed an “outperform” rating and set a $140.00 price objective on shares of Dell Technologies in a research report on Wednesday, August 28th. Fox Advisors raised shares of Dell Technologies from an “equal weight” rating to an “overweight” rating in a research report on Friday, August 30th. UBS Group cut their price objective on shares of Dell Technologies from $164.00 to $158.00 and set a “buy” rating for the company in a research report on Friday, August 30th. Finally, Raymond James cut their price objective on shares of Dell Technologies from $166.00 to $160.00 and set an “outperform” rating for the company in a research report on Friday, August 30th. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $145.88.

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).