Dell Technologies Inc (NYSE: DELL) is 73.49% higher on its value in year-to-date trading and has touched a low of $39.90 and a high of $136.16 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DELL stock was last observed hovering at around $127.16 in the last trading session, with the day’s gains setting it 5.56%.
Currently trading at $132.72, the stock is 16.00% and 32.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.74 million and changing 4.37% at the moment leaves the stock 78.69% off its SMA200. DELL registered 224.74% gain for a year compared to 6-month gain of 97.50%. The firm has a 50-day simple moving average (SMA 50) of $1.28 and a 200-day simple moving average (SMA200) of $13.04.
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The stock witnessed a 12.00% loss in the last 1 month and extending the period to 3 months gives it a 74.70%, and is 16.31% 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 6.64% over the week and 4.36% over the month.
Dell Technologies Inc (DELL) has around 120000 employees, a market worth around $94.73B and $88.52B in sales. Current P/E ratio is 30.40 and Fwd P/E is 15.50. Profit margin for the company is 3.63%. Distance from 52-week low is 232.63% and -2.53% from its 52-week high. The company has generated returns on investments over the last 12 months (18.69%).
Dell Technologies Inc quarterly earnings per share for the current quarter are estimated at $1.21 with sales reaching $21.66B over the same period.The EPS is expected to grow by 6.23% this year, but quarterly earnings will post 5.80% year-over-year. Quarterly sales are estimated to grow 6.80% in year-over-year returns.
Dell Technologies Inc (DELL) Top Institutional Holders
1,158 institutions hold shares in Dell Technologies Inc (DELL), with institutional investors hold 78.71% of the company’s shares. The shares outstanding are 266.00M, and float is at 256.44M with Short Float at 3.02%. Institutions hold 67.01% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 17.06 million shares valued at $922.89 million. The investor’s holdings represent 6.71% of the DELL Shares outstanding. As of Jun 29, 2023, the second largest holder is Dodge & Cox Inc with 16.56 million shares valued at $896.28 million to account for 6.51% of the shares outstanding. The other top investors are Blackrock Inc. which holds 12.5 million shares representing 4.92% and valued at over $676.35 million, while Boston Partners holds 3.85% of the shares totaling 9.78 million with a market value of $529.37 million.
Dell Technologies Inc (DELL) Insider Activity
The most recent transaction is an insider sale by SLTA IV (GP), L.L.C.,the company’sDirector. SEC filings show that SLTA IV (GP), L.L.C. sold 346,931 shares of the company’s common stock on Apr 04 ’24 at a price of $133.19 per share for a total of $46.21 million. Following the sale, the insider now owns 152.0 shares.
Dell Technologies Inc disclosed in a document filed with the SEC on Apr 04 ’24 that SLTA V (GP), L.L.C. (Director) sold a total of 346,931 shares of the company’s common stock. The trade occurred on Apr 04 ’24 and was made at $133.19 per share for $46.21 million. Following the transaction, the insider now directly holds 152.0 shares of the DELL stock.
Still, SEC filings show that on Apr 04 ’24, SLTA IV (GP), L.L.C. (Director) disposed off 42,545 shares at an average price of $134.37 for $5.72 million. The insider now directly holds 0 shares of Dell Technologies Inc (DELL).
