Dell Inc. (DELL) Shares Sold by Meeder Asset Management Inc.
Meeder Asset Management Inc. cut its holdings in shares of Dell Inc. (NASDAQ:DELL) by 85.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,534 shares of the technology company’s stock after selling 45,700 shares during the quarter. Meeder Asset Management Inc.’s holdings in Dell were worth $443,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in DELL. Temasek Holdings Private Ltd purchased a new position in shares of Dell during the 4th quarter worth $888,545,000. BlackRock Inc. acquired a new position in Dell during the 4th quarter worth about $427,416,000. Elliott Management Corp acquired a new position in Dell during the 4th quarter worth about $323,846,000. Canyon Capital Advisors LLC acquired a new position in Dell during the 4th quarter worth about $211,391,000. Finally, Geode Capital Management LLC acquired a new position in Dell during the 4th quarter worth about $88,862,000. Institutional investors and hedge funds own 22.92% of the company’s stock.
DELL stock opened at $62.85 on Monday. 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 stock has a market capitalization of $45.16 billion, a price-to-earnings ratio of 10.19 and a beta of 0.47. Dell Inc. has a 1 year low of $42.02 and a 1 year high of $64.58.
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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