Pentwater Capital Management LP lessened its stake in shares of Dell Technologies Inc. (NYSE:DVMT) by 23.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,428,538 shares of the company’s stock after selling 430,000 shares during the period. Dell Technologies comprises approximately 0.8% of Pentwater Capital Management LP’s investment portfolio, making the stock its 14th biggest holding. Pentwater Capital Management LP’s holdings in Dell Technologies were worth $116,112,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DVMT. Longfellow Investment Management Co. LLC increased its holdings in Dell Technologies by 316.4% during the third quarter. Longfellow Investment Management Co. LLC now owns 104,100 shares of the company’s stock valued at $8,038,000 after buying an additional 79,100 shares during the period. Oakbrook Investments LLC purchased a new position in Dell Technologies during the third quarter valued at approximately $270,000. Whittier Trust Co. increased its holdings in Dell Technologies by 9.3% during the third quarter. Whittier Trust Co. now owns 9,494 shares of the company’s stock valued at $733,000 after buying an additional 808 shares during the period. Fox Run Management L.L.C. purchased a new position in Dell Technologies during the third quarter valued at approximately $456,000. Finally, Huntington National Bank purchased a new position in Dell Technologies during the third quarter valued at approximately $1,038,000. 22.97% of the stock is owned by hedge funds and other institutional investors.

In other Dell Technologies news, insider David I. Goulden sold 4,700 shares of Dell Technologies stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $87.48, for a total value of $411,156.00. Following the transaction, the insider now directly owns 19,955 shares of the company’s stock, valued at $1,745,663.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael S. Dell purchased 14,350 shares of the business’s stock in a transaction on Monday, December 11th. The stock was purchased 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 disclosure for this purchase can be found here. Insiders sold 14,100 shares of company stock worth $1,171,898 over the last ninety days. Corporate insiders own 45.00% of the company’s stock.

Dell Technologies Inc. (NYSE:DVMT) opened at $67.30 on Monday. 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 Inc. has a 1-year low of $59.92 and a 1-year high of $92.40. The stock has a market cap of $51,779.75, a price-to-earnings ratio of 10.75, a price-to-earnings-growth ratio of 1.37 and a beta of -1.25.

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

Several brokerages recently issued reports on DVMT. BidaskClub lowered shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 2nd. ValuEngine raised shares of Dell Technologies from a “hold” rating to a “buy” rating in a report on Monday, February 5th. Finally, Gabelli began coverage on shares of Dell Technologies in a report on Wednesday, January 31st. They set a “buy” rating and a $106.00 price objective on the stock.

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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.

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

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