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

Dell Technologies Inc. (NYSE:DELL) Director Radakovich Lynn Vojvodich sold 725 shares of the firm’s 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 transaction, the director now directly owns 23,680 shares of the company’s stock, valued at $3,132,390.40. This represents a 2.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 $133.93 on Thursday. The business has a 50 day moving average price of $124.71 and a 200 day moving average price of $126.67. Dell Technologies Inc. has a twelve month low of $67.51 and a twelve month high of $179.70. The firm has a market cap of $94.07 billion, a P/E ratio of 24.62, a price-to-earnings-growth ratio of 1.39 and a beta of 0.89.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, August 29th. The technology company reported $1.89 earnings per share 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 during the quarter, compared to analyst estimates of $24.14 billion. During the same period in the previous year, the company earned $1.44 EPS. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. As a group, analysts anticipate that Dell Technologies Inc. will post 6.92 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.33%. Dell Technologies’s dividend payout ratio (DPR) is presently 32.72%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on DELL. Morgan Stanley increased their price target on Dell Technologies from $136.00 to $154.00 and gave the company an “overweight” rating in a research report on Monday, November 11th. Raymond James decreased their price target on Dell Technologies from $166.00 to $160.00 and set an “outperform” rating for the company in a research report on Friday, August 30th. JPMorgan Chase & Co. increased their price target on Dell Technologies from $155.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, August 15th. TD Cowen decreased their price objective on Dell Technologies from $155.00 to $128.00 and set a “hold” rating for the company in a research report on Friday, August 30th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Dell Technologies in a research report on Friday, September 27th. They set a “buy” rating and a $144.00 price objective for the company. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $146.50.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DELL. Kingsview Wealth Management LLC acquired a new position in shares of Dell Technologies during the first quarter worth approximately $282,000. Seven Eight Capital LP acquired a new position in shares of Dell Technologies during the first quarter worth approximately $513,000. Clearbridge Investments LLC acquired a new position in shares of Dell Technologies during the first quarter worth approximately $27,180,000. UniSuper Management Pty Ltd increased its position in shares of Dell Technologies by 78.9% during the first quarter. UniSuper Management Pty Ltd now owns 3,400 shares of the technology company’s stock valued at $388,000 after purchasing an additional 1,500 shares during the period. Finally, Bessemer Group Inc. increased its position in shares of Dell Technologies by 3,911.8% during the first quarter. Bessemer Group Inc. now owns 13,640 shares of the technology company’s stock valued at $1,556,000 after purchasing an additional 13,300 shares during the period. 38.10% of the stock is currently owned by institutional investors and hedge funds.

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).