Dell Inc. (NASDAQ:DELL) insider Maya Mcreynolds sold 3,099 shares of the firm’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $55.00, for a total value of $170,445.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of NASDAQ DELL opened at $57.39 on Friday. Dell Inc. has a fifty-two week low of $42.02 and a fifty-two week high of $70.55. The company’s 50-day moving average is $53.89. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 2.81. The company has a market capitalization of $40.01 billion, a PE ratio of 9.30 and a beta of 0.47.
Dell (NASDAQ:DELL) last issued its quarterly earnings data on Thursday, May 30th. The technology company reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.30. Dell had a negative net margin of 2.84% and a positive return on equity of 31.57%. The business had revenue of $21.91 billion for the quarter, compared to analysts’ expectations of $22.24 billion. The firm’s quarterly revenue was up 2.6% on a year-over-year basis. Analysts expect that Dell Inc. will post 6.23 EPS for the current year.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Elliott Management Corp acquired a new position in Dell during the fourth quarter worth about $323,846,000. Canyon Capital Advisors LLC acquired a new position in Dell during the fourth quarter worth about $211,391,000. BlackRock Inc. grew its holdings in Dell by 49.3% during the first quarter. BlackRock Inc. now owns 13,060,216 shares of the technology company’s stock worth $766,504,000 after acquiring an additional 4,314,243 shares during the period. Geode Capital Management LLC acquired a new position in Dell during the fourth quarter worth about $88,862,000. Finally, FMR LLC acquired a new position in Dell during the fourth quarter worth about $76,945,000. Institutional investors and hedge funds own 22.92% of the company’s stock.
Dell Company Profile
Dell Inc (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Dell is a holding company that conducts its business worldwide through its subsidiaries. The Company operates in four segments: Large Enterprise, Public, Small and Medium Business, and Consumer.
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