Dell Inc. (NASDAQ:DELL) insider Karen H. Quintos sold 131,900 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $55.09, for a total transaction of $7,266,371.00.

DELL stock opened at $52.80 on Thursday. The company’s 50 day simple moving average is $50.88 and its 200-day simple moving average is $57.10. The firm has a market capitalization of $38.69 billion, a PE ratio of 8.56 and a beta of 0.47. Dell Inc. has a 12 month low of $42.02 and a 12 month high of $70.55. The company has a debt-to-equity ratio of 2.81, a current ratio of 0.90 and a quick ratio of 0.82.

Dell (NASDAQ:DELL) last released its quarterly earnings results on Thursday, August 29th. The technology company reported $2.15 EPS for the quarter, beating the consensus estimate of $1.46 by $0.69. The business had revenue of $23.37 billion for the quarter, compared to analyst estimates of $23.32 billion. Dell had a negative net margin of 2.84% and a positive return on equity of 31.57%. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Dell Inc. will post 6.23 earnings per share for the current year.

A number of research analysts have recently issued reports on DELL shares. Citigroup dropped their price target on shares of Dell from $85.00 to $65.00 and set a “buy” rating on the stock in a research note on Tuesday, August 20th. Wells Fargo & Co set a $68.00 target price on shares of Dell and gave the stock a “buy” rating in a research report on Friday, August 30th. Evercore ISI set a $63.00 target price on shares of Dell and gave the stock a “buy” rating in a research report on Friday, August 30th. Deutsche Bank lowered their target price on shares of Dell from $62.00 to $60.00 and set a “buy” rating on the stock in a research report on Monday, August 19th. Finally, JPMorgan Chase & Co. set a $72.00 target price on shares of Dell and gave the stock a “buy” rating in a research report on Friday, August 30th. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $61.38.

Several hedge funds have recently added to or reduced their stakes in DELL. BlackRock Inc. grew its position in shares of Dell by 49.3% in the first quarter. BlackRock Inc. now owns 13,060,216 shares of the technology company’s stock valued at $766,504,000 after purchasing an additional 4,314,243 shares during the last quarter. Geode Capital Management LLC acquired a new stake in shares of Dell in the fourth quarter valued at approximately $88,862,000. Investec Asset Management LTD grew its position in shares of Dell by 597.9% in the second quarter. Investec Asset Management LTD now owns 1,933,500 shares of the technology company’s stock valued at $98,222,000 after purchasing an additional 1,656,435 shares during the last quarter. Dimensional Fund Advisors LP acquired a new stake in shares of Dell in the fourth quarter valued at approximately $40,640,000. Finally, Nuveen Asset Management LLC grew its position in shares of Dell by 134.2% in the second quarter. Nuveen Asset Management LLC now owns 1,194,489 shares of the technology company’s stock valued at $60,680,000 after purchasing an additional 684,414 shares during the last quarter. Institutional investors and hedge funds own 22.92% of the company’s stock.

About Dell

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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