Defender Capital LLC. Acquires 6,591 Shares of Dell Technologies Inc. (NYSE:DELL)

Defender Capital LLC. increased its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 187.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,108 shares of the technology company’s stock after acquiring an additional 6,591 shares during the period. Dell Technologies comprises approximately 0.4% of Defender Capital LLC.’s holdings, making the stock its 20th largest holding. Defender Capital LLC.’s holdings in Dell Technologies were worth $1,198,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of DELL. Fisher Asset Management LLC grew its position in Dell Technologies by 2,518.7% during the 4th quarter. Fisher Asset Management LLC now owns 2,802 shares of the technology company’s stock worth $214,000 after acquiring an additional 2,695 shares during the last quarter. Mather Group LLC. bought a new position in Dell Technologies in the 1st quarter valued at $44,000. West Paces Advisors Inc. boosted its position in Dell Technologies by 2,135.7% in the 1st quarter. West Paces Advisors Inc. now owns 3,443 shares of the technology company’s stock valued at $393,000 after buying an additional 3,289 shares during the last quarter. Kingswood Wealth Advisors LLC bought a new position in Dell Technologies in the 1st quarter valued at $763,000. Finally, Lpwm LLC bought a new position in Dell Technologies in the 1st quarter valued at $394,000. 38.10% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Dell Technologies news, Director Radakovich Lynn Vojvodich sold 725 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $129.50, for a total transaction of $93,887.50. Following the completion of the transaction, the director now owns 23,680 shares in the company, valued at approximately $3,066,560. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Michael S. Dell sold 10,000,000 shares of the firm’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $122.40, for a total value of $1,224,000,000.00. Following the completion of the transaction, the chief executive officer now owns 16,912,241 shares in the company, valued at $2,070,058,298.40. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $129.50, for a total value of $93,887.50. Following the completion of the transaction, the director now owns 23,680 shares of the company’s stock, valued at $3,066,560. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 17,953,387 shares of company stock worth $2,113,353,236. Corporate insiders own 46.70% of the company’s stock.

Dell Technologies Trading Down 1.2 %

Shares of Dell Technologies stock opened at $124.11 on Tuesday. The company has a market capitalization of $88.03 billion, a PE ratio of 25.65, a PEG ratio of 1.29 and a beta of 0.90. Dell Technologies Inc. has a 12 month low of $63.90 and a 12 month high of $179.70. The stock’s fifty day simple moving average is $115.56 and its 200 day simple moving average is $125.47.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, August 29th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.40. The firm had revenue of $25.03 billion during the quarter, compared to analysts’ expectations of $24.14 billion. Dell Technologies had a negative return on equity of 178.09% and a net margin of 4.32%. The company’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.44 EPS. Analysts predict that Dell Technologies Inc. will post 6.91 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 22nd will be issued a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date is Tuesday, October 22nd. Dell Technologies’s dividend payout ratio (DPR) is presently 36.33%.

Wall Street Analyst Weigh In

A number of brokerages have commented on DELL. UBS Group decreased their price objective on Dell Technologies from $164.00 to $158.00 and set a “buy” rating on the stock in a research report on Friday, August 30th. Bank of America increased their price objective on Dell Technologies from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, August 30th. JPMorgan Chase & Co. increased their price target on Dell Technologies from $155.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, August 15th. Mizuho assumed coverage on Dell Technologies in a research note on Tuesday, September 17th. They issued an “outperform” rating and a $135.00 price target on the stock. Finally, TD Cowen cut their price target on Dell Technologies from $155.00 to $128.00 and set a “hold” rating on the stock in a research note on Friday, August 30th. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, Dell Technologies has an average rating of “Moderate Buy” and a consensus target price of $143.50.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).