Dell Inc. (NASDAQ:DELL) Insider Sells $170,445.00 in Stock
Dell Inc. (NASDAQ:DELL) insider Maya Mcreynolds sold 3,099 shares of the company’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $55.00, for a total transaction of $170,445.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Dell stock opened at $56.80 on Friday. The company has a 50-day simple moving average of $53.71. The company has a market capitalization of $40.81 billion, a PE ratio of 9.21 and a beta of 0.47. Dell Inc. has a 52-week low of $42.02 and a 52-week high of $70.55. The company has a debt-to-equity ratio of 2.81, a quick ratio of 0.82 and a current ratio of 0.90.
Dell (NASDAQ:DELL) last announced its earnings results on Thursday, May 30th. The technology company reported $1.45 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.15 by $0.30. The company had revenue of $21.91 billion during the quarter, compared to analysts’ expectations of $22.24 billion. Dell had a negative net margin of 2.84% and a positive return on equity of 31.57%. The business’s revenue was up 2.6% on a year-over-year basis. Equities analysts anticipate that Dell Inc. will post 6.23 EPS for the current year.
Several equities analysts have commented on DELL shares. Credit Suisse Group upped their price objective on shares of Delta Air Lines from $37.00 to $68.00 and gave the company an “outperform” rating in a report on Thursday, April 11th. Raymond James reiterated a “buy” rating on shares of Kelt Exploration in a report on Friday, May 31st. Deutsche Bank decreased their price objective on shares of from GBX 295 ($3.85) to GBX 285 ($3.72) and set a “buy” rating on the stock in a report on Wednesday, June 19th. UBS Group upped their price objective on shares of Zscaler from $60.00 to $70.00 and gave the company a “neutral” rating in a report on Friday, May 31st. Finally, Morgan Stanley decreased their price objective on shares of Zuora from $22.00 to $16.00 and set an “equal weight” rating on the stock in a report on Friday, May 31st. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $66.14.
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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