Dell Technologies Inc (NYSE: DELL) is -5.36% lower on its value in year-to-date trading and has touched a low of $76.90 and a high of $179.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DELL stock was last observed hovering at around $110.17 in the last trading session, with the day’s loss setting it -1.11%.
Currently trading at $109.06, the stock is -6.65% and -13.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.3 million and changing -1.01% at the moment leaves the stock -12.69% off its SMA200. DELL registered 36.82% gain for a year compared to 6-month loss of -20.52%. The firm has a 50-day simple moving average (SMA 50) of $125.84 and a 200-day simple moving average (SMA200) of $124.92375.
The stock witnessed a -8.11% gain in the last 1 month and extending the period to 3 months gives it a -14.62%, and is -12.51% 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 3.46% over the week and 3.18% over the month.
Dell Technologies Inc (DELL) has around 120000 employees, a market worth around $76.39B and $94.01B in sales. Current P/E ratio is 19.28 and Fwd P/E is 11.60. Profit margin for the company is 4.36%. Distance from 52-week low is 41.82% and -39.31% from its 52-week high. The company has generated returns on investments over the last 12 months (23.17%).
with sales reaching $24.56B over the same period.The EPS is expected to grow by 9.74% this year, but quarterly earnings will post 8.85% year-over-year. Quarterly sales are estimated to grow 10.06% in year-over-year returns.
Dell Technologies Inc (DELL) Top Institutional Holders
1649.0 institutions hold shares in Dell Technologies Inc (DELL), with institutional investors hold 80.80% of the company’s shares. The shares outstanding are 334.00M, and float is at 304.47M with Short Float at 4.36%. Institutions hold 75.52% 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 SLTA V (GP), L.L.C., the company’s Director. SEC filings show that SLTA V (GP), L.L.C. sold 499,045 shares of the company’s common stock on Jan 08 ’25 at a price of $119.73 per share for a total of $59.75 million. Following the sale, the insider now owns 0.0 shares.
Dell Technologies Inc disclosed in a document filed with the SEC on Jan 08 ’25 that SLTA IV (GP), L.L.C. (Director) sold a total of 499,045 shares of the company’s common stock. The trade occurred on Jan 08 ’25 and was made at $119.73 per share for $59.75 million. Following the transaction, the insider now directly holds 0.0 shares of the DELL stock.
Still, SEC filings show that on Jan 07 ’25, SLTA V (GP), L.L.C. (Director) disposed off 324,076 shares at an average price of $124.31 for $40.29 million. The insider now directly holds 0 shares of Dell Technologies Inc (DELL).
