Dell Technologies Inc (DVMT) is Hunting Hill Global Capital LLC’s 5th Largest Position
Hunting Hill Global Capital LLC increased its position in shares of Dell Technologies Inc (NASDAQ:DVMT) by 1.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 465,304 shares of the company’s stock after buying an additional 5,661 shares during the period. Dell Technologies makes up 7.4% of Hunting Hill Global Capital LLC’s portfolio, making the stock its 5th largest position. Hunting Hill Global Capital LLC owned about 0.06% of Dell Technologies worth $28,435,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in DVMT. Pictet Asset Management Ltd. raised its stake in Dell Technologies by 6.7% in the second quarter. Pictet Asset Management Ltd. now owns 82,483 shares of the company’s stock worth $5,724,000 after buying an additional 5,200 shares during the last quarter. Sei Investments Co. raised its stake in Dell Technologies by 76.2% in the second quarter. Sei Investments Co. now owns 209,192 shares of the company’s stock worth $12,784,000 after buying an additional 90,488 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its stake in Dell Technologies by 687.7% in the second quarter. Tokio Marine Asset Management Co. Ltd. now owns 31,800 shares of the company’s stock worth $1,943,000 after buying an additional 27,763 shares during the last quarter. CIBC Asset Management Inc acquired a new stake in Dell Technologies during the second quarter worth about $567,000. Finally, Pillar Pacific Capital Management LLC raised its stake in Dell Technologies by 1.2% in the second quarter. Pillar Pacific Capital Management LLC now owns 72,542 shares of the company’s stock worth $4,433,000 after buying an additional 835 shares during the last quarter.
Dell Technologies Inc (NASDAQ:DVMT) traded up 0.62% during mid-day trading on Friday, hitting $66.81. The stock had a trading volume of 383,327 shares. Dell Technologies Inc has a 1-year low of $42.02 and a 1-year high of $69.72. The company has a 50-day moving average price of $63.48 and a 200 day moving average price of $64.44. The company’s market cap is $51.58 billion.
Dell Technologies (NASDAQ:DVMT) last released its quarterly earnings results on Thursday, June 8th. The company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.19. The company had revenue of $17.82 billion for the quarter. Dell Technologies had a negative net margin of 7.76% and a negative return on equity of 43.19%. Equities research analysts forecast that Dell Technologies Inc will post $4.72 EPS for the current fiscal year.
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In other Dell Technologies news, insider David I. Goulden sold 4,700 shares of Dell Technologies stock in a transaction dated Tuesday, July 11th. The shares were sold at an average price of $61.53, for a total value of $289,191.00. Following the sale, the insider now owns 44,255 shares of the company’s stock, valued at $2,723,010.15. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Michael S. Dell acquired 44,672 shares of the stock in a transaction on Friday, June 9th. The stock was bought at an average cost of $25.60 per share, for a total transaction of $1,143,603.20. Following the transaction, the chief executive officer now owns 335,043 shares of the company’s stock, valued at approximately $8,577,100.80. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 17,400 shares of company stock worth $1,103,371.
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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