Sciencast Management LP bought a new position in shares of Dell Technologies Inc (NYSE:DVMT) in the 4th quarter, Holdings Channel reports. The fund bought 10,303 shares of the company’s stock, valued at approximately $920,000.

Other large investors have also bought and sold shares of the company. Cerebellum GP LLC purchased a new position in Dell Technologies during the fourth quarter worth about $129,000. SeaCrest Wealth Management LLC purchased a new position in Dell Technologies during the fourth quarter worth about $136,000. Roberts Glore & Co. Inc. IL purchased a new position in Dell Technologies during the third quarter worth about $210,000. Stratos Wealth Partners LTD. purchased a new position in Dell Technologies during the third quarter worth about $210,000. Finally, Concentric Wealth Management LLC purchased a new position in Dell Technologies during the third quarter worth about $219,000. 23.20% of the stock is owned by institutional investors.

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Dell Technologies Inc (DVMT) opened at $77.34 on Wednesday. Dell Technologies Inc has a twelve month low of $59.92 and a twelve month high of $92.40. The firm has a market cap of $59,842.92, a PE ratio of -10.89, a P/E/G ratio of 1.49 and a beta of -0.83. The company has a current ratio of 0.85, a quick ratio of 0.78 and a debt-to-equity ratio of 2.98.

Dell Technologies (NYSE:DVMT) last released its earnings results on Thursday, March 8th. The company reported $2.39 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.64 by $0.75. The firm had revenue of $21.94 billion for the quarter. Dell Technologies had a negative net margin of 4.74% and a positive return on equity of 22.63%. analysts predict that Dell Technologies Inc will post 5.76 EPS for the current year.

Several research firms recently weighed in on DVMT. Stifel Nicolaus cut shares of Dell Technologies from a “buy” rating to a “hold” rating in a report on Friday, March 2nd. Wells Fargo & Co began coverage on shares of Dell Technologies in a report on Wednesday, February 28th. They set an “outperform” rating on the stock. Deutsche Bank began coverage on shares of Dell Technologies in a report on Wednesday, February 28th. They set a “buy” rating and a $114.00 price target on the stock. TheStreet upgraded shares of Dell Technologies from a “d-” rating to a “c-” rating in a report on Wednesday, February 14th. Finally, ValuEngine upgraded shares of Dell Technologies from a “hold” rating to a “buy” rating in a report on Monday, February 5th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Dell Technologies presently has a consensus rating of “Buy” and an average target price of $110.00.

In other Dell Technologies news, insider David I. Goulden sold 4,700 shares of the business’s stock in a transaction dated 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 in the company, valued at $1,745,663.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Michael S. Dell bought 12,967 shares of the company’s stock in a transaction on Monday, January 8th. The stock was bought at an average price of $33.17 per share, for a total transaction of $430,115.39. Following the completion of the purchase, the chief executive officer now owns 552,241 shares of the company’s stock, valued at $18,317,833.97. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 14,100 shares of company stock worth $1,171,898. Corporate insiders own 45.00% of the company’s stock.

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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 (NYSE:DVMT)

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