Dell Technologies Inc. (DVMT) Insider David I. Goulden Sells 4,700 Shares
Dell Technologies Inc. (NYSE:DVMT) insider David I. Goulden sold 4,700 shares of the firm’s stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $82.66, for a total value of $388,502.00. Following the sale, the insider now directly owns 30,955 shares of the company’s stock, valued at $2,558,740.30. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of Dell Technologies Inc. (NYSE:DVMT) traded up 1.10% during midday trading on Friday, hitting $83.88. The company had a trading volume of 971,319 shares. Dell Technologies Inc. has a 12 month low of $47.99 and a 12 month high of $83.98. The company’s market capitalization is $64.82 billion. The company has a 50-day moving average of $78.71 and a 200-day moving average of $78.71.
Dell Technologies (NYSE:DVMT) last issued its quarterly earnings data on Thursday, September 7th. The company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.79. The company had revenue of $19.30 billion during the quarter. Dell Technologies had a positive return on equity of 19.45% and a negative net margin of 6.24%. Analysts predict that Dell Technologies Inc. will post $5.05 earnings per share for the current year.
Separately, BidaskClub raised Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 2nd.
A number of institutional investors have recently modified their holdings of DVMT. Longfellow Investment Management Co. LLC grew its position in Dell Technologies by 316.4% in the third quarter. Longfellow Investment Management Co. LLC now owns 104,100 shares of the company’s stock worth $8,038,000 after acquiring an additional 79,100 shares during the period. Oakbrook Investments LLC purchased a new position in Dell Technologies in the third quarter worth approximately $270,000. Whittier Trust Co. grew its position in Dell Technologies by 9.3% in the third quarter. Whittier Trust Co. now owns 9,494 shares of the company’s stock worth $733,000 after acquiring an additional 808 shares during the period. Fox Run Management L.L.C. purchased a new position in Dell Technologies in the third quarter worth approximately $456,000. Finally, Huntington National Bank purchased a new position in Dell Technologies in the third quarter worth approximately $1,038,000. Institutional investors own 22.98% of the company’s stock.
Dell Technologies Company Profile
Dell Technologies Inc, formerly Denali Holding Inc, is a provider of information technology solutions. The Company operates through two segments: Client Solutions and Enterprise Solutions Group (ESG). The Client Solutions segment includes sales to commercial and consumer customers of desktops, thin client products and notebooks, as well as services and third-party software and peripherals closely tied to the sale of Client Solutions hardware.
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