Dell Technologies (DVMT) Getting Somewhat Positive Media Coverage, Analysis Shows
Media stories about Dell Technologies (NYSE:DVMT) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dell Technologies earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.5212412984589 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Separately, BidaskClub cut shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 2nd.
Shares of Dell Technologies (NYSE:DVMT) traded down $0.08 during midday trading on Monday, reaching $86.75. 1,538,168 shares of the company were exchanged, compared to its average volume of 1,032,478. Dell Technologies has a one year low of $57.50 and a one year high of $87.33. The stock has a market cap of $17,290.00 and a PE ratio of -14.56. The company has a debt-to-equity ratio of 2.98, a quick ratio of 0.78 and a current ratio of 0.85.
In other news, CEO Michael S. Dell bought 81,573 shares of the firm’s stock in a transaction on Wednesday, October 18th. The stock was acquired at an average cost of $32.70 per share, with a total value of $2,667,437.10. Following the completion of the acquisition, the chief executive officer now owns 499,604 shares of the company’s stock, valued at $16,337,050.80. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider David I. Goulden sold 4,700 shares of Dell Technologies stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $82.66, for a total transaction of $388,502.00. Following the completion of the transaction, the insider now directly owns 30,955 shares of the company’s stock, valued at $2,558,740.30. The disclosure for this sale can be found here. Over the last ninety days, insiders acquired 108,890 shares of company stock valued at $3,566,797 and sold 449,782 shares valued at $48,773,643. 45.00% of the stock is currently owned by insiders.
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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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