Dell Inc. (NASDAQ:DELL) insider Howard D. Elias sold 7,702 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $46.74, for a total value of $359,991.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of NASDAQ DELL opened at $48.43 on Friday. The stock has a market capitalization of $34.80 billion, a PE ratio of 7.85 and a beta of 0.47. The company has a debt-to-equity ratio of 2.81, a current ratio of 0.90 and a quick ratio of 0.82. The business has a fifty day moving average price of $53.00 and a two-hundred day moving average price of $57.61. Dell Inc. has a fifty-two week low of $42.02 and a fifty-two week high of $70.55.
Dell (NASDAQ:DELL) last announced its quarterly earnings data on Thursday, May 30th. The technology company reported $1.45 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.15 by $0.30. The firm had revenue of $21.91 billion during the quarter, compared to analysts’ expectations of $22.24 billion. Dell had a positive return on equity of 31.57% and a negative net margin of 2.84%. Dell’s quarterly revenue was up 2.6% compared to the same quarter last year. On average, equities analysts expect that Dell Inc. will post 6.23 EPS for the current year.
DELL has been the subject of several research reports. Raymond James reissued an “outperform” rating and set a $69.00 price target (down from $74.00) on shares of Dell in a report on Friday, May 31st. Wells Fargo & Co initiated coverage on Dell in a report on Monday, July 29th. They set an “outperform” rating and a $68.00 price target for the company. Zacks Investment Research raised Dell from a “sell” rating to a “hold” rating in a report on Wednesday, August 7th. JPMorgan Chase & Co. lifted their price target on Dell from $77.00 to $80.00 and gave the stock an “overweight” rating in a report on Tuesday, June 25th. Finally, UBS Group lifted their price target on Dell from $61.00 to $67.00 and gave the stock a “neutral” rating in a report on Friday, May 31st. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Dell has an average rating of “Buy” and a consensus target price of $65.44.
Dell Inc (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Dell is a holding company that conducts its business worldwide through its subsidiaries. The Company operates in four segments: Large Enterprise, Public, Small and Medium Business, and Consumer.
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