Dell Technologies Inc. (NYSE:DVMT) major shareholder Dell Technologies Inc sold 435,682 shares of Dell Technologies stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $109.31, for a total transaction of $47,624,399.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Dell Technologies Inc. (DVMT) traded down $1.53 during midday trading on Friday, reaching $80.87. 971,971 shares of the company’s stock were exchanged, compared to its average volume of 1,178,472. The company has a market cap of $63.26 billion, a price-to-earnings ratio of 12.97 and a beta of 0.60.

Dell Technologies (NYSE:DVMT) last issued its quarterly earnings results on Thursday, September 7th. The company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.79. Dell Technologies had a negative net margin of 6.24% and a positive return on equity of 19.45%. The business had revenue of $19.30 billion for the quarter.

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Institutional investors and hedge funds have recently modified their holdings of the business. Fox Run Management L.L.C. acquired a new position in Dell Technologies during the third quarter worth about $456,000. Longfellow Investment Management Co. LLC grew its position in Dell Technologies by 316.4% during the third quarter. Longfellow Investment Management Co. LLC now owns 104,100 shares of the company’s stock worth $8,038,000 after buying an additional 79,100 shares during the period. Levy Harkins & Co. Inc. grew its position in Dell Technologies by 1.9% during the third quarter. Levy Harkins & Co. Inc. now owns 196,714 shares of the company’s stock worth $15,188,000 after buying an additional 3,695 shares during the period. Huntington National Bank acquired a new position in Dell Technologies during the third quarter worth about $1,038,000. Finally, Whittier Trust Co. grew its position in Dell Technologies by 9.3% during the third quarter. Whittier Trust Co. now owns 9,494 shares of the company’s stock worth $733,000 after buying an additional 808 shares during the period. Institutional investors own 22.97% of the company’s stock.

Separately, BidaskClub lowered shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a research note on Thursday.

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.

Insider Buying and Selling by Quarter for Dell Technologies (NYSE:DVMT)

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