Insider Selling: Dell Technologies Inc. (NYSE:DELL) Director Sells 725 Shares of Stock

Dell Technologies Inc. (NYSE:DELL) Director Radakovich Lynn Vojvodich sold 725 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were 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 $3,132,390.40. The trade was a 2.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 value of $93,887.50.

Dell Technologies Stock Performance

DELL opened at $138.69 on Friday. The stock has a market capitalization of $97.41 billion, a price-to-earnings ratio of 25.49, a PEG ratio of 1.43 and a beta of 0.89. Dell Technologies Inc. has a fifty-two week low of $67.51 and a fifty-two week high of $179.70. The company has a fifty day moving average of $125.25 and a 200 day moving average of $126.76.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, August 29th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $25.03 billion for the quarter, compared to analysts’ expectations of $24.14 billion. During the same period in the previous year, the firm posted $1.44 earnings per share. The business’s revenue was up 9.1% compared to the same quarter last year. On average, equities research analysts forecast that Dell Technologies Inc. will post 6.91 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 22nd were issued a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date was Tuesday, October 22nd. Dell Technologies’s dividend payout ratio (DPR) is presently 32.72%.

Analyst Upgrades and Downgrades

DELL has been the subject of a number of recent research reports. Bank of America boosted their price target on Dell Technologies from $150.00 to $155.00 and gave the company a “buy” rating in a research note on Friday, August 30th. UBS Group reduced their target price on shares of Dell Technologies from $164.00 to $158.00 and set a “buy” rating for the company in a report on Friday, August 30th. Morgan Stanley lifted their price target on shares of Dell Technologies from $136.00 to $154.00 and gave the stock an “overweight” rating in a research note on Monday, November 11th. Mizuho began coverage on Dell Technologies in a research note on Tuesday, September 17th. They issued an “outperform” rating and a $135.00 price objective for the company. Finally, Fox Advisors upgraded Dell Technologies from an “equal weight” rating to an “overweight” rating in a research report on Friday, August 30th. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $146.50.

Institutional Investors Weigh In On Dell Technologies

A number of hedge funds have recently bought and sold shares of DELL. Accordant Advisory Group Inc bought a new stake in shares of Dell Technologies in the 2nd quarter worth about $28,000. Clean Yield Group purchased a new stake in Dell Technologies during the third quarter valued at approximately $25,000. Nemes Rush Group LLC bought a new stake in shares of Dell Technologies in the 2nd quarter valued at approximately $33,000. Crewe Advisors LLC purchased a new position in shares of Dell Technologies in the 2nd quarter worth approximately $34,000. Finally, New Covenant Trust Company N.A. purchased a new stake in Dell Technologies during the 1st quarter valued at $30,000. Hedge funds and other institutional investors own 38.10% of the company’s stock.

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).