Athos Capital Ltd bought a new position in shares of Dell Technologies Inc (NASDAQ:DVMT) during the second quarter, Holdings Channel reports. The firm bought 63,258 shares of the company’s stock, valued at approximately $3,866,000. Dell Technologies accounts for approximately 2.2% of Athos Capital Ltd’s investment portfolio, making the stock its 13th largest position.
Other large investors also recently bought and sold shares of the company. Hunting Hill Global Capital LLC raised its stake in Dell Technologies by 1.2% in the second quarter. Hunting Hill Global Capital LLC now owns 465,304 shares of the company’s stock worth $28,435,000 after buying an additional 5,661 shares during the period. Pictet Asset Management Ltd. raised its stake in Dell Technologies by 6.7% in the second quarter. Pictet Asset Management Ltd. now owns 82,483 shares of the company’s stock worth $5,724,000 after buying an additional 5,200 shares during the period. Sei Investments Co. raised its stake in Dell Technologies by 76.2% in the second quarter. Sei Investments Co. now owns 209,192 shares of the company’s stock worth $12,784,000 after buying an additional 90,488 shares during the period. Tokio Marine Asset Management Co. Ltd. raised its stake in Dell Technologies by 687.7% in the second quarter. Tokio Marine Asset Management Co. Ltd. now owns 31,800 shares of the company’s stock worth $1,943,000 after buying an additional 27,763 shares during the period. Finally, CIBC Asset Management Inc bought a new stake in Dell Technologies during the second quarter worth about $567,000.
Shares of Dell Technologies Inc (DVMT) opened at 64.12 on Thursday. Dell Technologies Inc has a 1-year low of $42.02 and a 1-year high of $69.72. The firm’s market cap is $49.50 billion. The stock has a 50 day moving average price of $62.88 and a 200-day moving average price of $64.20.
Dell Technologies (NASDAQ:DVMT) last posted its quarterly earnings data on Thursday, June 8th. The company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.19. Dell Technologies had a negative return on equity of 43.19% and a negative net margin of 7.76%. The business had revenue of $17.82 billion during the quarter. On average, equities research analysts expect that Dell Technologies Inc will post $4.72 earnings per share for the current fiscal year.
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In related news, insider David I. Goulden sold 4,700 shares of the business’s stock in a transaction dated Tuesday, July 11th. The stock was sold at an average price of $61.53, for a total transaction of $289,191.00. Following the completion of the transaction, the insider now owns 44,255 shares of the company’s stock, valued at approximately $2,723,010.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David I. Goulden sold 8,000 shares of the business’s stock in a transaction dated Tuesday, June 20th. The stock was sold at an average price of $62.41, for a total value of $499,280.00. Following the transaction, the insider now directly owns 48,955 shares of the company’s stock, valued at approximately $3,055,281.55. The disclosure for this sale can be found here.
Dell Technologies Company Profile
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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