NJ State Employees Deferred Compensation Plan continued to hold its stake in shares of Dell Technologies Inc (NASDAQ:DVMT) during the second quarter, Holdings Channel reports. The fund owned 5,600 shares of the company’s stock at the end of the second quarter. NJ State Employees Deferred Compensation Plan’s holdings in Dell Technologies were worth $342,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of DVMT. Steinberg Global Asset Management raised its stake in Dell Technologies by 3.7% in the second quarter. Steinberg Global Asset Management now owns 3,571 shares of the company’s stock worth $218,000 after buying an additional 127 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Dell Technologies by 4.6% in the second quarter. Janney Montgomery Scott LLC now owns 13,531 shares of the company’s stock worth $827,000 after buying an additional 597 shares during the last quarter. Pillar Pacific Capital Management LLC raised its stake in Dell Technologies by 1.2% in the second quarter. Pillar Pacific Capital Management LLC now owns 72,542 shares of the company’s stock worth $4,433,000 after buying an additional 835 shares during the last quarter. CIBC Asset Management Inc bought a new stake in Dell Technologies during the second quarter worth about $567,000. Finally, Tokio Marine Asset Management Co. Ltd. raised its stake in Dell Technologies by 687.7% in the second quarter. Tokio Marine Asset Management Co. Ltd. now owns 31,800 shares of the company’s stock worth $1,943,000 after buying an additional 27,763 shares during the last quarter.

Shares of Dell Technologies Inc (NASDAQ:DVMT) opened at 64.12 on Thursday. The company’s 50 day moving average price is $62.88 and its 200-day moving average price is $64.20. The company’s market capitalization is $49.50 billion. Dell Technologies Inc has a 1-year low of $42.02 and a 1-year high of $69.72.

Dell Technologies (NASDAQ:DVMT) last posted its quarterly earnings results on Thursday, June 8th. The company reported $1.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.93 by $0.19. The business had revenue of $17.82 billion for the quarter. Dell Technologies had a negative return on equity of 43.19% and a negative net margin of 7.76%. On average, equities analysts forecast that Dell Technologies Inc will post $4.72 earnings per share for the current year.

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In other Dell Technologies news, insider David I. Goulden sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, June 20th. The stock was sold at an average price of $62.41, for a total transaction of $499,280.00. Following the sale, the insider now directly owns 48,955 shares of the company’s stock, valued at $3,055,281.55. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Michael S. Dell purchased 44,672 shares of the firm’s stock in a transaction on Friday, June 9th. The shares were acquired at an average cost of $25.60 per share, for a total transaction of $1,143,603.20. Following the completion of the acquisition, the chief executive officer now owns 335,043 shares of the company’s stock, valued at $8,577,100.80. The disclosure for this purchase can be found here.

Dell Technologies Company 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 (NASDAQ:DVMT)

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