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Will Dell Technologies Inc (DELL) benefit from Wall Street bulls Calls?

Dell Technologies Inc (NYSE: DELL) is 57.39% higher on its value in year-to-date trading and has touched a low of $63.90 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 $125.66 in the last trading session, with the day’s loss setting it -5.26%.

Currently trading at $120.40, the stock is -1.58% and 4.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.07 million and changing -4.19% at the moment leaves the stock 3.57% off its SMA200. DELL registered 82.67% gain for a year compared to 6-month loss of -0.19%. The firm has a 50-day simple moving average (SMA 50) of $115.1534 and a 200-day simple moving average (SMA200) of $116.02925.

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The stock witnessed a 2.41% gain in the last 1 month and extending the period to 3 months gives it a 3.69%, and is -4.32% down 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 2.82% over the week and 3.08% over the month.

Dell Technologies Inc (DELL) has around 120000 employees, a market worth around $87.71B and $91.75B in sales. Current P/E ratio is 22.14 and Fwd P/E is 12.82. Profit margin for the company is 4.33%. Distance from 52-week low is 88.42% and -33.00% from its 52-week high. The company has generated returns on investments over the last 12 months (25.63%).

with sales reaching $24.65B over the same period.The EPS is expected to grow by 9.51% this year, but quarterly earnings will post 10.40% year-over-year.

Dell Technologies Inc (DELL) Top Institutional Holders

1618.0 institutions hold shares in Dell Technologies Inc (DELL), with institutional investors hold 72.76% of the company’s shares. The shares outstanding are 728.50M, and float is at 308.39M with Short Float at 4.55%. Institutions hold 68.80% 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 Vojvodich Radakovich Lynn, the company’s Director. SEC filings show that Vojvodich Radakovich Lynn sold 725 shares of the company’s common stock on Oct 15 ’24 at a price of $129.50 per share for a total of $93888.0. Following the sale, the insider now owns 23680.0 shares.

Still, SEC filings show that on Sep 26 ’24, DELL MICHAEL S (Chief Executive Officer) disposed off 10,000,000 shares at an average price of $122.40 for $1.22 billion. The insider now directly holds 16,912,241 shares of Dell Technologies Inc (DELL).

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