Dell Technologies Inc. (NYSE:DELL) Director Sells $95,903.00 in Stock

Dell Technologies Inc. (NYSE:DELL) Director Radakovich Lynn Vojvodich sold 725 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $132.28, for a total value of $95,903.00. Following the sale, the director now owns 23,680 shares of the company’s stock, valued at $3,132,390.40. This represents a 2.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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 shares were sold at an average price of $129.50, for a total transaction of $93,887.50.

Dell Technologies Price Performance

NYSE DELL opened at $135.85 on Wednesday. Dell Technologies Inc. has a 1-year low of $67.51 and a 1-year high of $179.70. The stock has a 50-day moving average of $124.21 and a two-hundred day moving average of $126.62. The company 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 analysts’ consensus estimates of $1.49 by $0.40. Dell Technologies had a net margin of 4.32% and a negative return on equity of 178.09%. The business had revenue of $25.03 billion during the quarter, compared to analysts’ expectations of $24.14 billion. During the same period in the prior year, the company earned $1.44 earnings per share. The business’s revenue was up 9.1% compared to the same quarter last year. On average, analysts anticipate that Dell Technologies Inc. will post 6.92 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

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

Institutional Trading of Dell Technologies

A number of institutional investors have recently added to or reduced their stakes in DELL. LRI Investments LLC purchased a new position in shares of Dell Technologies in the first quarter valued at $104,000. National Pension Service increased its holdings in Dell Technologies by 8.8% during the 3rd quarter. National Pension Service now owns 620,406 shares of the technology company’s stock valued at $73,543,000 after acquiring an additional 50,304 shares in the last quarter. Woodmont Investment Counsel LLC acquired a new position in Dell Technologies during the third quarter worth about $5,780,000. Harvey Capital Management Inc. purchased a new stake in shares of Dell Technologies in the third quarter valued at about $2,848,000. Finally, Chicago Capital LLC increased its stake in shares of Dell Technologies by 3.7% during the 3rd quarter. Chicago Capital LLC now owns 121,466 shares of the technology company’s stock worth $14,399,000 after purchasing an additional 4,385 shares in the last quarter. Hedge funds and other institutional investors own 38.10% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Bank of America boosted their price objective on shares of Dell Technologies from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, August 30th. UBS Group cut their price objective on Dell Technologies from $164.00 to $158.00 and set a “buy” rating on the stock in a research report on Friday, August 30th. Wells Fargo & Company raised their price objective on Dell Technologies from $140.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft assumed coverage on Dell Technologies in a research note on Friday, September 27th. They issued a “buy” rating and a $144.00 price target on the stock. Finally, Raymond James reduced 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 note on Friday, August 30th. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and an average target price of $145.88.

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).