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Dell Technologies Inc (DELL) Looks Ready for Growth Despite 46.22% Change This Year

Dell Technologies Inc (NYSE: DELL) is 46.22% higher on its value in year-to-date trading and has touched a low of $53.62 and a high of $179.70 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 $111.67 in the last trading session, with the day’s gains setting it 0.19%.

Currently trading at $111.86, the stock is 7.33% and -8.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.19 million and changing 0.17% at the moment leaves the stock 4.11% off its SMA200. DELL registered 99.00% gain for a year compared to 6-month gain of 22.17%.

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The stock witnessed a 0.59% loss in the last 1 month and extending the period to 3 months gives it a -32.65%, and is 1.04% 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 3.19% over the week and 4.87% over the month.

Dell Technologies Inc (DELL) has around 120000 employees, a market worth around $79.12B and $89.74B in sales. Current P/E ratio is 22.85 and Fwd P/E is 12.18. Profit margin for the company is 4.00%. Distance from 52-week low is 108.62% and -37.75% from its 52-week high. The company has generated returns on investments over the last 12 months (21.01%).

with sales reaching $24.14B over the same period.The EPS is expected to grow by 7.77% this year, but quarterly earnings will post 8.90% year-over-year.

Dell Technologies Inc (DELL) Top Institutional Holders

1603.0 institutions hold shares in Dell Technologies Inc (DELL), with institutional investors hold 77.21% of the company’s shares. The shares outstanding are 707.31M, and float is at 283.09M with Short Float at 3.07%. Institutions hold 70.80% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 17.58 million shares valued at $2.42 billion. The investor’s holdings represent 2.4828% of the DELL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.48 million shares valued at $2.13 billion to account for 2.1859 of the shares outstanding. The other top investors are FMR LLC which holds 14.43 million shares representing 2.038% and valued at over $1.99 billion, while CAPITAL WORLD INVESTORS holds 1.9006 of the shares totaling 13.46 million with a market value of $1.86 billion.

Dell Technologies Inc (DELL) Insider Activity

The most recent transaction is an insider sale by Silver Lake Group, L.L.C., the company’s Director. SEC filings show that Silver Lake Group, L.L.C. sold 25,381 shares of the company’s common stock on Jul 16 ’24 at a price of $134.42 per share for a total of $3.41 million. Following the sale, the insider now owns 0.0 shares.

Dell Technologies Inc disclosed in a document filed with the SEC on Jul 10 ’24 that SLTA IV (GP), L.L.C. (Director) sold a total of 16,887 shares of the company’s common stock. The trade occurred on Jul 10 ’24 and was made at $146.20 per share for $2.47 million. Following the transaction, the insider now directly holds 0.79 million shares of the DELL stock.

Still, SEC filings show that on Jul 10 ’24, SLTA V (GP), L.L.C. (Director) disposed off 16,887 shares at an average price of $146.20 for $2.47 million. The insider now directly holds 787,669 shares of Dell Technologies Inc (DELL).

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