Dell Technologies (DVMT) Earning Somewhat Positive News Coverage, Analysis Shows
Media coverage about Dell Technologies (NYSE:DVMT) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. 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 daily sentiment score of 0.10 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.2935131128201 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s analysis:
- Buy The VMware Tracker Trading At A 43% Discount Before Dell Announces The Merger – Seeking Alpha (seekingalpha.com)
- Dell Technologies Target of Unusually Large Options Trading (DVMT) (americanbankingnews.com)
- Dell Board Still Mulling Options, But Not Considering a Sale (bloombergquint.com)
- Dell says it will explore IPO or merger with VMware (finance.yahoo.com)
- Dell Technologies Inc. (DVMT) Sees Large Increase in Short Interest (americanbankingnews.com)
Several analysts recently commented on DVMT shares. BidaskClub cut Dell Technologies from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 2nd. Gabelli assumed coverage on Dell Technologies in a research note on Wednesday. They issued a “buy” rating and a $106.00 price target on the stock.
Dell Technologies (NYSE:DVMT) last issued its quarterly earnings results on Thursday, December 7th. The company reported $1.57 earnings per share (EPS) for the quarter. Dell Technologies had a positive return on equity of 21.53% and a negative net margin of 4.50%. equities research analysts expect that Dell Technologies will post 5.12 EPS for the current fiscal year.
In other Dell Technologies news, CEO Michael S. Dell purchased 14,350 shares of the company’s stock in a transaction on Monday, December 11th. The shares were purchased at an average cost of $32.70 per share, with a total value of $469,245.00. Following the completion of the purchase, the chief executive officer now owns 539,274 shares in the company, valued at $17,634,259.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider David I. Goulden sold 4,700 shares of the business’s stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $80.93, for a total value of $380,371.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 14,100 shares of company stock worth $1,171,898. Insiders own 45.00% of the company’s stock.
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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