1,942 Shares in Dell Technologies Inc. $DELL Purchased by Buck Wealth Strategies LLC

Buck Wealth Strategies LLC purchased a new position in shares of Dell Technologies Inc. (NYSE:DELL) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,942 shares of the technology company’s stock, valued at approximately $238,000.

A number of other institutional investors also recently made changes to their positions in DELL. Brighton Jones LLC boosted its holdings in shares of Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after acquiring an additional 901 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of Dell Technologies by 2.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 270,992 shares of the technology company’s stock worth $24,920,000 after acquiring an additional 7,672 shares during the period. Golden State Wealth Management LLC boosted its holdings in shares of Dell Technologies by 54.6% during the first quarter. Golden State Wealth Management LLC now owns 4,411 shares of the technology company’s stock worth $402,000 after acquiring an additional 1,558 shares during the period. Essex Financial Services Inc. boosted its holdings in shares of Dell Technologies by 8.3% during the first quarter. Essex Financial Services Inc. now owns 4,977 shares of the technology company’s stock worth $454,000 after acquiring an additional 383 shares during the period. Finally, Amalgamated Bank boosted its holdings in shares of Dell Technologies by 3.1% during the first quarter. Amalgamated Bank now owns 59,444 shares of the technology company’s stock worth $5,418,000 after acquiring an additional 1,766 shares during the period. Institutional investors own 76.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on DELL. Sanford C. Bernstein boosted their price objective on Dell Technologies from $175.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Piper Sandler began coverage on shares of Dell Technologies in a research report on Tuesday, October 21st. They issued an “overweight” rating and a $172.00 price target for the company. Wall Street Zen upgraded shares of Dell Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. Fox Advisors downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a research report on Friday, August 29th. Finally, The Goldman Sachs Group lifted their price target on shares of Dell Technologies from $155.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Dell Technologies has an average rating of “Moderate Buy” and an average target price of $161.80.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the business’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $135.98, for a total transaction of $112,183,364.02. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 565,000 shares of the business’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $132.32, for a total transaction of $74,760,800.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 4,587,755 shares of company stock valued at $649,644,973. Company insiders own 42.00% of the company’s stock.

Dell Technologies Price Performance

Shares of DELL opened at $163.41 on Thursday. Dell Technologies Inc. has a one year low of $66.25 and a one year high of $167.94. The company has a market cap of $109.88 billion, a P/E ratio of 24.03, a P/E/G ratio of 1.12 and a beta of 1.05. The firm has a 50 day simple moving average of $138.95 and a two-hundred day simple moving average of $123.67.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, October 5th. The technology company reported $1.68 EPS for the quarter. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The business had revenue of $26.43 billion during the quarter. Dell Technologies has set its FY24 guidance at $6.10-6.50 EPS. On average, analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 1.3%. The ex-dividend date is Tuesday, October 21st. Dell Technologies’s payout ratio is currently 30.88%.

Dell Technologies Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).