Bank of New York Mellon Corp boosted its holdings in Dell Technologies Inc. (NYSE:DVMT) by 7.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 768,832 shares of the company’s stock after buying an additional 50,504 shares during the quarter. Bank of New York Mellon Corp owned 0.10% of Dell Technologies worth $59,361,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Beach Point Capital Management LP purchased a new position in Dell Technologies during the 3rd quarter worth approximately $7,906,000. Fox Run Management L.L.C. purchased a new position in Dell Technologies during the 3rd quarter worth approximately $456,000. Levy Harkins & Co. Inc. grew its position in Dell Technologies by 1.9% during the 3rd quarter. Levy Harkins & Co. Inc. now owns 196,714 shares of the company’s stock worth $15,188,000 after purchasing an additional 3,695 shares in the last quarter. Opera Trading Capital grew its position in Dell Technologies by 31.1% during the 3rd quarter. Opera Trading Capital now owns 128,757 shares of the company’s stock worth $9,941,000 after purchasing an additional 30,534 shares in the last quarter. Finally, Harvest Management LLC grew its position in Dell Technologies by 41.1% during the 3rd quarter. Harvest Management LLC now owns 51,500 shares of the company’s stock worth $3,976,000 after purchasing an additional 15,000 shares in the last quarter. Hedge funds and other institutional investors own 23.03% of the company’s stock.

Separately, BidaskClub cut shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 2nd.

In other Dell Technologies news, insider David I. Goulden sold 4,700 shares of Dell Technologies stock in a transaction on Tuesday, September 26th. The shares were sold at an average price of $76.26, for a total transaction 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 document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Michael S. Dell bought 81,573 shares of the firm’s stock in a transaction on Wednesday, October 18th. The shares were bought at an average cost of $32.70 per share, with a total value of $2,667,437.10. Following the purchase, the chief executive officer now directly owns 499,604 shares in the company, valued at $16,337,050.80. The disclosure for this purchase can be found here. Insiders have sold a total of 517,809 shares of company stock valued at $50,749,496 in the last three months. Company insiders own 45.00% of the company’s stock.

Dell Technologies Inc. (NYSE DVMT) opened at $79.96 on Friday. Dell Technologies Inc. has a 52-week low of $51.02 and a 52-week high of $83.98. The company has a debt-to-equity ratio of 2.44, a quick ratio of 0.70 and a current ratio of 0.76. The firm has a market cap of $16,240.00 and a P/E ratio of 12.40.

Dell Technologies (NYSE:DVMT) last posted its quarterly earnings data on Thursday, September 7th. The company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.79. The firm had revenue of $19.30 billion for the quarter. Dell Technologies had a negative net margin of 6.24% and a positive return on equity of 19.45%.

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About Dell Technologies

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.

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

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