Dell Technologies Inc. (NYSE:DVMT) insider David I. Goulden sold 4,700 shares of the business’s stock in a transaction that occurred on Friday, December 28th. The shares were sold at an average price of $80.93, for a total value of $380,371.00. Following the completion of the transaction, the insider now directly owns 20,755 shares in the company, valued at $1,679,702.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Dell Technologies Inc. (NYSE:DVMT) opened at $84.78 on Friday. The company has a market capitalization of $64,089.94, a P/E ratio of -11.69 and a beta of 0.07. Dell Technologies Inc. has a 1-year low of $54.80 and a 1-year high of $84.95. The company has a current ratio of 0.85, a quick ratio of 0.78 and a debt-to-equity ratio of 2.98.
Separately, BidaskClub lowered Dell Technologies from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 2nd.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in DVMT. Roberts Glore & Co. Inc. IL bought a new stake in shares of Dell Technologies during the third quarter valued at approximately $210,000. Stratos Wealth Partners LTD. bought a new stake in shares of Dell Technologies during the third quarter valued at approximately $210,000. Concentric Wealth Management LLC bought a new stake in shares of Dell Technologies during the third quarter valued at approximately $219,000. IBM Retirement Fund bought a new stake in shares of Dell Technologies during the third quarter valued at approximately $234,000. Finally, Clear Harbor Asset Management LLC bought a new stake in shares of Dell Technologies during the third quarter valued at approximately $240,000. Hedge funds and other institutional investors own 23.03% of the company’s stock.
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About Dell Technologies
Dell Technologies Inc, formerly Denali Holding Inc, is a provider of information technology solutions. The Company operates through two segments: Client Solutions and Enterprise Solutions Group (ESG). The Client Solutions segment includes sales to commercial and consumer customers of desktops, thin client products and notebooks, as well as services and third-party software and peripherals closely tied to the sale of Client Solutions hardware.
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