Nicollet Investment Management Inc. bought a new position in shares of Dell Technologies Inc. (NYSE:DVMT) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 4,350 shares of the company’s stock, valued at approximately $354,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cheyne Capital Management UK LLP bought a new position in shares of Dell Technologies in the 3rd quarter valued at $2,186,000. JPMorgan Chase & Co. lifted its stake in shares of Dell Technologies by 310.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,009,063 shares of the company’s stock valued at $77,850,000 after acquiring an additional 763,242 shares during the last quarter. State of Wisconsin Investment Board lifted its stake in shares of Dell Technologies by 70.6% in the 3rd quarter. State of Wisconsin Investment Board now owns 1,298,767 shares of the company’s stock valued at $100,278,000 after acquiring an additional 537,367 shares during the last quarter. Evercore Trust Company N.A. bought a new position in shares of Dell Technologies in the 3rd quarter valued at $31,448,000. Finally, Davidson Kempner Capital Management LP lifted its stake in shares of Dell Technologies by 45.9% in the 3rd quarter. Davidson Kempner Capital Management LP now owns 901,761 shares of the company’s stock valued at $69,625,000 after acquiring an additional 283,553 shares during the last quarter. Hedge funds and other institutional investors own 23.04% of the company’s stock.

A number of research analysts have recently commented on DVMT shares. BidaskClub cut Dell Technologies from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 2nd. Gabelli started coverage on Dell Technologies in a research note on Wednesday, January 31st. They issued a “buy” rating and a $106.00 price target for the company. Finally, ValuEngine upgraded Dell Technologies from a “hold” rating to a “buy” rating in a research note on Monday.

In related news, CEO Michael S. Dell acquired 14,350 shares of the firm’s stock in a transaction that occurred on Monday, December 11th. The stock was acquired at an average cost of $32.70 per share, for a total transaction of $469,245.00. Following the completion of the acquisition, the chief executive officer now directly owns 539,274 shares of the company’s stock, valued at approximately $17,634,259.80. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider David I. Goulden sold 4,700 shares of the stock in a transaction on Friday, December 28th. The shares were sold at an average price of $80.93, for a total value of $380,371.00. Following the completion of the sale, the insider now owns 20,755 shares of the company’s stock, valued at $1,679,702.15. The disclosure for this sale can be found here. Insiders sold 14,100 shares of company stock valued at $1,171,898 over the last 90 days. 45.00% of the stock is currently owned by company insiders.

Shares of Dell Technologies Inc. (DVMT) opened at $66.77 on Thursday. The firm has a market capitalization of $51,725.89, a price-to-earnings ratio of 10.74, a P/E/G ratio of 1.37 and a beta of -1.25. Dell Technologies Inc. has a 1-year low of $59.92 and a 1-year high of $92.40. The company has a quick ratio of 0.78, a current ratio of 0.85 and a debt-to-equity ratio of 2.98.

Dell Technologies (NYSE:DVMT) last posted its quarterly earnings data on Thursday, December 7th. The company reported $1.57 earnings per share for the quarter. Dell Technologies had a positive return on equity of 21.53% and a negative net margin of 4.50%. equities analysts anticipate that Dell Technologies Inc. will post 5.12 EPS for the current fiscal year.

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Dell Technologies 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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Institutional Ownership by Quarter for Dell Technologies (NYSE:DVMT)

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