By otakuyassine3@gmail.com 
Dell Technologies Inc. (NYSE:DELL – Get Free Report) Director Radakovich Lynn Vojvodich sold 725 shares of the stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $120.00, for a total value of $87,000.00. Following the sale, the director now owns 23,680 shares of the company’s stock, valued at $2,841,600. This represents a 2.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
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 value 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 stock opened at $113.66 on Friday. Dell Technologies Inc. has a 12 month low of $80.49 and a 12 month high of $179.70. The stock 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. The company has a 50-day moving average price of $120.76 and a 200 day moving average price of $119.41.
Dell Technologies (NYSE:DELL – Get Free Report) last released its earnings results on Tuesday, November 26th. The technology company reported $2.15 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.32. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The firm had revenue of $24.37 billion for the quarter, compared to analysts’ expectations of $24.67 billion. During the same quarter in the prior year, the firm posted $1.62 earnings per share. The company’s quarterly revenue was up 9.5% on a year-over-year basis. Sell-side analysts forecast that Dell Technologies Inc. will post 6.92 EPS for the current year.
Dell Technologies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be paid a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Wednesday, January 22nd. Dell Technologies’s dividend payout ratio is currently 31.45%.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the stock. Wells Fargo & Company lifted their price target on shares of Dell Technologies from $140.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Mizuho reduced their target price on Dell Technologies from $155.00 to $150.00 and set an “outperform” rating on the stock in a report on Wednesday, November 27th. Citigroup dropped their price target on Dell Technologies from $160.00 to $156.00 and set a “buy” rating for the company in a research note on Wednesday, November 27th. Deutsche Bank Aktiengesellschaft decreased their price objective on Dell Technologies from $144.00 to $142.00 and set a “buy” rating on the stock in a report on Monday, December 2nd. Finally, Barclays raised their target price 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 given a buy rating to the company’s stock. Based on data from MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $148.06.
Check Out Our Latest Analysis on DELL
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in DELL. Clean Yield Group purchased a new stake in Dell Technologies in the 3rd quarter valued at about $25,000. True Wealth Design LLC boosted its holdings in shares of Dell Technologies by 2,530.0% in the third quarter. True Wealth Design LLC now owns 263 shares of the technology company’s stock valued at $31,000 after purchasing an additional 253 shares during the period. Nemes Rush Group LLC bought a new position in Dell Technologies in the second quarter worth approximately $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 lifted its holdings in shares of Dell Technologies by 290.7% in the 3rd quarter. Covestor Ltd now owns 293 shares of the technology company’s stock worth $35,000 after buying an additional 218 shares during the period. 76.37% of the stock is currently owned by institutional investors.
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).
Further Reading
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