Dell Technologies Inc. (NYSE: DELL) is 4.72% higher on its value in year-to-date trading and has touched a low of $25.51 and a high of $77.41 in the current 52-week trading range. The DELL stock was last observed hovering at around $76.75 in the last trading session, with the day’s loss setting it -4.44% off its average median price target of $80.00 for the next 12 months. It is also 23.88% off the consensus price target high of $95.00 offered by 20 analysts, but current levels are -7.93% lower than the price target low of $67.00 for the same period.
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Currently trading at $72.31, the stock is -2.02% and 3.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing -5.79% at the moment leaves the stock 23.24% off its SMA200. DELL registered 54.02% gain for a year compared to 6-month gain of 46.19%. The firm has a 50-day simple moving average (SMA 50) of $72.61 and a 200-day simple moving average (SMA200) of $65.48.
The stock witnessed a 6.36% loss in the last 1 month and extending the period to 3 months gives it a 10.83%, and is 4.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.20% over the week and 2.23% over the month.
Dell Technologies Inc. (DELL) has around 165000 employees, a market worth around $56.89B and $92.14B in sales. Current P/E ratio is 24.08 and Fwd P/E is 10.28. Profit margin for the company is 2.60%. Distance from 52-week low is 183.46% and -6.59% from its 52-week high. The company has generated returns on investments over the last 12 months (16.20%).
Dell Technologies Inc. (DELL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Dell Technologies Inc. (DELL) is a “Overweight”. 20 analysts offering their recommendations for the stock have an average rating of 2.30, where 9 rate it as a Hold and 1 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Dell Technologies Inc. is expected to release its quarterly report on 02/25/2021 and quarterly earnings per share for the current quarter are estimated at $2.13 with sales reaching $24.46B over the same period.The EPS is expected to grow by 307.80% this year, but quarterly earnings will post 0.10% year-over-year. Quarterly sales are estimated to grow 1.40% in year-over-year returns.
Dell Technologies Inc. (DELL) Top Institutional Holders
813 institutions hold shares in Dell Technologies Inc. (DELL), with 18.4M shares held by insiders accounting for 2.45% while institutional investors hold 88.87% of the company’s shares. The shares outstanding are 747.00M, and float is at 257.18M with Short Float at 2.46%. Institutions hold 86.69% of the Float.
The top institutional shareholder in the company is Dodge & Cox Inc with over 34.74 million shares valued at $2.35 billion. The investor’s holdings represent 13.18% of the DELL Shares outstanding. As of Sep 29, 2020, the second largest holder is Elliott Investment Management L.P. with 24.11 million shares valued at $1.63 billion to account for 9.14% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 14.61 million shares representing 5.54% and valued at over $988.99 million, while Blackrock Inc. holds 5.03% of the shares totaling 13.27 million with a market value of $898.41 million.
Dell Technologies Inc. (DELL) Insider Activity
A total of 121 insider transactions have happened at Dell Technologies Inc. (DELL) in the last six months, with sales accounting for 72 and purchases happening 49 times. The most recent transaction is an insider sale by CLARKE JEFFREY W, the company’s COO & Vice Chairman. SEC filings show that CLARKE JEFFREY W sold 100,000 shares of the company’s common stock on Jan 11 at a price of $76.24 per share for a total of $7.62 million. Following the sale, the insider now owns 0.38 million shares.
Dell Technologies Inc. disclosed in a document filed with the SEC on Jan 08 that CLARKE JEFFREY W (COO & Vice Chairman) sold a total of 100,000 shares of the company’s common stock. The trade occurred on Jan 08 and was made at $76.59 per share for $7.66 million. Following the transaction, the insider now directly holds 0.38 million shares of the DELL stock.
Still, SEC filings show that on Jan 07, CLARKE JEFFREY W (COO & Vice Chairman) disposed off 100,000 shares at an average price of $75.90 for $7.59 million. The insider now directly holds 384,445 shares of Dell Technologies Inc. (DELL).