Dell Technologies Inc. (NYSE:DELL) Shares Purchased by Fiduciary Financial Group LLC

Fiduciary Financial Group LLC boosted its stake in Dell Technologies Inc. (NYSE:DELL) by 27.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,320 shares of the technology company’s stock after purchasing an additional 720 shares during the period. Fiduciary Financial Group LLC’s holdings in Dell Technologies were worth $303,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in DELL. Bellwether Advisors LLC acquired a new stake in Dell Technologies in the 4th quarter valued at $25,000. Vision Financial Markets LLC acquired a new stake in shares of Dell Technologies during the fourth quarter valued at about $26,000. Lee Danner & Bass Inc. acquired a new stake in shares of Dell Technologies during the fourth quarter valued at about $26,000. Stonebridge Financial Group LLC acquired a new stake in shares of Dell Technologies during the fourth quarter valued at about $37,000. Finally, JFS Wealth Advisors LLC grew its stake in shares of Dell Technologies by 204.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 329 shares of the technology company’s stock valued at $38,000 after acquiring an additional 221 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Dell Technologies

In related news, CFO Yvonne Mcgill sold 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $110.80, for a total transaction of $886,400.00. Following the sale, the chief financial officer now owns 245,804 shares of the company’s stock, valued at $27,235,083.20. The trade was a 3.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Brunilda Rios sold 926 shares of Dell Technologies stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of $93.29, for a total transaction of $86,386.54. Following the completion of the transaction, the chief accounting officer now owns 37,948 shares in the company, valued at approximately $3,540,168.92. This trade represents a 2.38% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 79,091 shares of company stock worth $8,608,142. 42.00% of the stock is owned by company insiders.

Dell Technologies Stock Down 0.8%

Shares of NYSE DELL opened at $113.31 on Wednesday. The firm’s 50-day moving average price is $97.89 and its two-hundred day moving average price is $105.91. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $161.52. The stock has a market capitalization of $79.07 billion, a P/E ratio of 20.02, a P/E/G ratio of 1.10 and a beta of 1.01.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing the consensus estimate of $1.68 by ($0.13). Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The firm had revenue of $23.38 billion during the quarter, compared to analyst estimates of $23.17 billion. During the same quarter in the previous year, the business posted $1.27 EPS. Dell Technologies’s revenue for the quarter was up 5.1% compared to the same quarter last year. As a group, equities research analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Wall Street Analyst Weigh In

DELL has been the subject of several recent analyst reports. Citigroup raised their target price on Dell Technologies from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Friday, May 30th. Wells Fargo & Company lowered their target price on Dell Technologies from $160.00 to $150.00 and set an “overweight” rating for the company in a research note on Friday, February 28th. Morgan Stanley raised their target price on Dell Technologies from $89.00 to $126.00 and gave the company an “overweight” rating in a research note on Wednesday, May 21st. OTR Global raised shares of Dell Technologies from a “negative” rating to a “positive” rating in a research report on Wednesday, February 12th. Finally, Barclays increased their price target on shares of Dell Technologies from $116.00 to $123.00 and gave the stock an “equal weight” rating in a research report on Friday, May 30th. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $138.00.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).