In yesterday’s Wall Street session, Dell Technologies Inc (NYSE:DELL) shares traded at $134.53, down -1.42% from the previous session.
DELL stock price is now 10.38% away from the 50-day moving average and 11.98% away from the 200-day moving average. The market capitalization of the company currently stands at $98.00B.
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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 $3.19 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 57.68% 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 $115317817344, which is based on a 24.74 price-to-earnings ratio, a 1.81 price-to-earnings-growth ratio, and a beta of 0.92. The fifty day moving average price for DELL is $121.3706 and a two-hundred day moving average price translates $119.8874 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.
