Dell Technologies Inc (DVMT) to Release Earnings on Thursday
Dell Technologies (NYSE:DVMT) last announced its quarterly earnings data 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. Dell Technologies had a negative net margin of 7.76% and a negative return on equity of 43.19%. The firm had revenue of $17.82 billion during the quarter. On average, analysts expect Dell Technologies to post $4.72 EPS for the current fiscal year and $4.72 EPS for the next fiscal year.
Shares of Dell Technologies Inc (NYSE:DVMT) traded up 0.85% during mid-day trading on Thursday, hitting $74.86. 648,030 shares of the stock traded hands. Dell Technologies Inc has a one year low of $42.02 and a one year high of $75.00. The stock has a 50-day moving average of $64.59 and a 200 day moving average of $64.64. The stock’s market cap is $57.79 billion.
In other news, insider David I. Goulden sold 4,700 shares of the company’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $67.00, for a total transaction of $314,900.00. Following the transaction, the insider now owns 42,055 shares of the company’s stock, valued at $2,817,685. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David I. Goulden sold 8,000 shares of the company’s stock in a transaction on Tuesday, June 20th. The shares were sold at an average price of $62.41, for a total value of $499,280.00. Following the transaction, the insider now directly owns 48,955 shares in the company, valued at approximately $3,055,281.55. The disclosure for this sale can be found here. In the last three months, insiders acquired 91,297 shares of company stock worth $2,520,756 and sold 17,400 shares worth $1,103,371.
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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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