How Do Dell Technologies Inc (NYSE:DELL)’s Fundamentals Affect Performance

The price of Dell Technologies Inc (NYSE:DELL) shares last traded on Wall Street rose 2.78% to $133.46.

DELL stock price is now 12.27% away from the 50-day moving average and 12.58% away from the 200-day moving average. The market capitalization of the company currently stands at $97.23B.

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On September 17, 2024, Mizuho recently initiated its ‘Outperform’ rating on the stock quoting a target price of $135, while ‘Susquehanna’ rates the stock as ‘Neutral’

In other news, Vojvodich Radakovich Lynn, Director sold 725 shares of the company’s stock on Oct 15 ’24. The stock was sold for $93,888 at an average price of $129.50. Upon completion of the transaction, the Director now directly owns 23,680 shares in the company, valued at $3.16 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 15 ’24, Director Vojvodich Radakovich Lynn bought 725 shares of the business’s stock. A total of $93,888 was incurred on buying the stock at an average price of $129.50. A total of 57.67% of the company’s stock is owned by insiders.

During the past 12 months, Dell Technologies Inc has had a low of $67.51 and a high of $179.70. According to the stock market information, the enterprise value for the company is $114566266880, which is based on a 24.54 price-to-earnings ratio, a 1.80 price-to-earnings-growth ratio, and a beta of 0.91. The fifty day moving average price for DELL is $118.4356 and a two-hundred day moving average price translates $118.2827 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.

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