The stock of Dell Technologies Inc (NYSE:DELL) last traded at $114.30, up 1.92% from the previous session.
DELL stock price is now -0.62% away from the 50-day moving average and 4.29% away from the 200-day moving average. The market capitalization of the company currently stands at $80.28B.
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With the price target of $120, Susquehanna recently initiated with Neutral rating for Dell Technologies Inc (NYSE: DELL). , while ‘TD Cowen’ rates the stock as ‘Hold’
In other news, DELL MICHAEL S, Chief Executive Officer sold 1,602,535 shares of the company’s stock on Sep 11 ’24. The stock was sold for $172,145,185 at an average price of $107.42. Upon completion of the transaction, the Chief Executive Officer now directly owns 15,412,241 shares in the company, valued at $1.76 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 12 ’24, Chief Executive Officer DELL MICHAEL S sold 1,284,756 shares of the business’s stock. A total of $144,087,061 was realized by selling the stock at an average price of $112.15. This leaves the insider owning 14,127,485 shares of the company worth $1.61 billion. A total of 59.86% of the company’s stock is owned by insiders.
During the past 12 months, Dell Technologies Inc has had a low of $63.90 and a high of $179.70. According to the stock market information, the enterprise value for the company is $101108572160, which is based on a 21.02 price-to-earnings ratio, a 1.93 price-to-earnings-growth ratio, and a beta of 0.90. The fifty day moving average price for DELL is $114.445 and a two-hundred day moving average price translates $109.7999 for the stock.
The latest earnings results from Dell Technologies Inc (NYSE: DELL) was released for 2024-08-02. The company reported revenue of $25.03 billion for the quarter, compared to $22.93 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.12 percent.
