Dell Technologies (DVMT) Scheduled to Post Earnings on Thursday
Dell Technologies (NYSE:DVMT) last released its quarterly earnings data on Thursday, September 7th. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.79. The company had revenue of $19.30 billion during the quarter. Dell Technologies had a negative net margin of 6.24% and a positive return on equity of 19.45%.
Shares of Dell Technologies (NYSE DVMT) opened at $77.99 on Thursday. The stock has a market cap of $16,770.00 and a PE ratio of 12.83. The company has a debt-to-equity ratio of 2.44, a current ratio of 0.76 and a quick ratio of 0.70. Dell Technologies has a 52-week low of $51.02 and a 52-week high of $83.98.
In other news, insider David I. Goulden sold 4,700 shares of the company’s stock in a transaction that occurred on Tuesday, September 26th. The shares were sold at an average price of $76.26, for a total value of $358,422.00. Following the completion of the sale, the insider now owns 34,855 shares of the company’s stock, valued at approximately $2,658,042.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Dell Technologies Inc sold 435,682 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $109.31, for a total transaction of $47,624,399.42. The disclosure for this sale can be found here. Over the last three months, insiders sold 517,809 shares of company stock valued at $50,749,496. 45.00% of the stock is owned by corporate insiders.
Separately, BidaskClub cut shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 2nd.
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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