Dell Inc. (NYSE:DELL) General Counsel Richard J. Rothberg sold 63,653 shares of the company’s stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $70.78, for a total value of $4,505,359.34. Following the completion of the sale, the general counsel now owns 222,431 shares of the company’s stock, valued at approximately $15,743,666.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Dell stock opened at $70.15 on Friday. The stock has a 50 day moving average of $66.77 and a 200 day moving average of $53.93. Dell Inc. has a 12 month low of $25.51 and a 12 month high of $71.45. The firm has a market cap of $52.38 billion, a PE ratio of 25.42, a PEG ratio of 1.06 and a beta of 0.89. The company has a current ratio of 0.76, a quick ratio of 0.69 and a debt-to-equity ratio of 9.57.

Dell (NYSE:DELL) last posted its quarterly earnings data on Thursday, August 27th. The technology company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.54. The business had revenue of $22.78 billion during the quarter, compared to analyst estimates of $22.50 billion. Dell had a return on equity of 129.04% and a net margin of 2.28%. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period last year, the company earned $2.15 EPS. As a group, equities research analysts forecast that Dell Inc. will post 5.44 earnings per share for the current fiscal year.

A number of equities analysts have recently weighed in on the company. Raymond James upped their price objective on Dell from $54.00 to $69.00 and gave the stock an “outperform” rating in a research note on Friday, August 28th. Daiwa Capital Markets assumed coverage on Dell in a research note on Thursday, July 9th. They issued a “neutral” rating and a $54.00 price objective for the company. UBS Group raised Dell from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 23rd. Royal Bank of Canada raised Dell from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from $48.00 to $80.00 in a research note on Friday, August 28th. Finally, Morgan Stanley upped their price objective on Dell from $70.00 to $82.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 13th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $62.29.

Several large investors have recently bought and sold shares of the company. Carroll Financial Associates Inc. lifted its stake in shares of Dell by 37.3% in the 3rd quarter. Carroll Financial Associates Inc. now owns 736 shares of the technology company’s stock valued at $49,000 after purchasing an additional 200 shares during the last quarter. Rosenberg Matthew Hamilton increased its holdings in Dell by 24.8% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 1,248 shares of the technology company’s stock worth $69,000 after purchasing an additional 248 shares during the period. Verus Capital Partners LLC increased its holdings in Dell by 42.1% during the 1st quarter. Verus Capital Partners LLC now owns 941 shares of the technology company’s stock worth $37,000 after purchasing an additional 279 shares during the period. Canada Pension Plan Investment Board increased its holdings in Dell by 154.2% during the 2nd quarter. Canada Pension Plan Investment Board now owns 544 shares of the technology company’s stock worth $30,000 after purchasing an additional 330 shares during the period. Finally, Hexavest Inc. purchased a new position in Dell during the 3rd quarter worth $25,000. 25.70% of the stock is owned by institutional investors and hedge funds.

Dell Company Profile

Dell Inc (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Dell is a holding company that conducts its business worldwide through its subsidiaries. The Company operates in four segments: Large Enterprise, Public, Small and Medium Business, and Consumer.

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Insider Buying and Selling by Quarter for Dell (NYSE:DELL)

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