Dell Technologies Inc. (DVMT) CEO Buys $326,841.74 in Stock
Dell Technologies Inc. (NYSE:DVMT) CEO Michael S. Dell acquired 13,058 shares of the firm’s stock in a transaction on Monday, August 28th. The stock was purchased at an average cost of $25.03 per share, for a total transaction of $326,841.74. Following the completion of the acquisition, the chief executive officer now owns 418,031 shares in the company, valued at $10,463,315.93. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.
Dell Technologies Inc. (NYSE:DVMT) opened at 74.76 on Friday. Dell Technologies Inc. has a one year low of $42.02 and a one year high of $75.07. The firm has a 50-day moving average price of $66.32 and a 200-day moving average price of $64.96. The firm’s market capitalization is $57.71 billion.
Dell Technologies (NYSE:DVMT) last issued its earnings results on Thursday, June 8th. The company reported $1.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.93 by $0.19. The firm had revenue of $17.82 billion for the quarter. Dell Technologies had a positive return on equity of 16.36% and a negative net margin of 4.56%. Analysts expect that Dell Technologies Inc. will post $4.72 EPS for the current year.
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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