When is the right time to cash out of Dell Technologies Inc. [DELL] stock?

In yesterday’s Wall Street session, Dell Technologies Inc. (NYSE:DELL) shares traded at $39.12, up 2.11% from the previous session.

As of this writing, 20 analysts cover Dell Technologies Inc. (NYSE:DELL). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $55.00 and a low of $37.00, we find $45.00. Given the previous closing price of $38.31, this indicates a potential upside of 17.46 percent. DELL stock price is now -2.57% away from the 50-day moving average and -5.03% away from the 200-day moving average. The market capitalization of the company currently stands at $28.34B.

There are 7 analysts who have given it a hold rating, whereas 10 have given it a buy rating. Brokers who have rated the stock have averaged $46.20 as their price target over the next twelve months.

With the price target of $43, Goldman recently initiated with Buy rating for Dell Technologies Inc. (NYSE: DELL). On October 31, 2022, Jefferies recently initiated its ‘Hold’ rating on the stock quoting a target price of $39, while ‘Credit Suisse’ rates the stock as ‘Outperform’.

In other news, Whitten Anthony Charles, Co-Chief Operating Officer sold 15,983 shares of the company’s stock on Mar 16. The stock was sold for $583,220 at an average price of $36.49. Upon completion of the transaction, the Co-Chief Operating Officer now directly owns 841,207 shares in the company, valued at $32.91 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 14, Pres., Glob. Sales & Cust. Ops Scannell William F sold 91,938 shares of the business’s stock. A total of $3,918,398 was realized by selling the stock at an average price of $42.62. This leaves the insider owning 178,627 shares of the company worth $6.99 million. Insiders disposed of 518,368 shares of company stock worth roughly $20.28 million over the past 1 year. A total of 1.10% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in DELL stock. A new stake in Dell Technologies Inc. shares was purchased by KCL CAPITAL, L.P. during the first quarter worth $15,059,000. SORA INVESTORS LLC invested $9,578,000 in shares of DELL during the first quarter. In the first quarter, TWIN FOCUS CAPITAL PARTNERS, LLC acquired a new stake in Dell Technologies Inc. valued at approximately $3,764,000. AXA S.A. acquired a new stake in DELL for approximately $3,091,000. BI ASSET MANAGEMENT FONDSMAEGLERSELSKAB A/S purchased a new stake in DELL valued at around $2,517,000 in the second quarter. In total, there are 927 active investors with 82.40% ownership of the company’s stock.

Wednesday morning saw Dell Technologies Inc. (NYSE: DELL) opened at $38.90. During the past 12 months, Dell Technologies Inc. has had a low of $32.90 and a high of $55.30. The fifty day moving average price for DELL is $40.15 and a two-hundred day moving average price translates $41.19 for the stock.

The latest earnings results from Dell Technologies Inc. (NYSE: DELL) was released for Oct, 2022. According to the Computer Hardware Company, earnings per share came in at $2.3, beating analysts’ expectations of $1.59 by 0.71. This compares to $0.19 EPS in the same period last year. The company reported revenue of $24.72 billion for the quarter, compared to $26.42 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.44 percent. For the current quarter, analysts expect DELL to generate $23.67B in revenue.

Moreover, the firm recently paid out its quarterly dividend on 05/05/2023. Investors who held shares on 04/25/2023 were paid a $0.37 dividend. On an annualized basis, this represents a $1.48 dividend and a 3.78% percent yield. There was an ex-dividend date of 04/24/2023 for this dividend. In terms of dividend payout ratio, DELL is presently at 13.10%.

Dell Technologies Inc.(DELL) Company 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). The ISG segment provides traditional and next-generation storage solutions; and rack, blade, tower, and hyperscale servers. This segment also offers networking products and services that help its business customers to transform and modernize their infrastructure, mobilize and enrich end-user experiences, and accelerate business applications and processes; attached software and peripherals; and support and deployment, configuration, and extended warranty services. The CSG segment provides desktops, workstations, and notebooks; displays, docking stations, and other electronics; and third-party software and peripherals, as well as support and deployment, configuration, and extended warranty services. The company is also involved in the provision of information security solutions focused on protecting its clients from cyber attacks; and cloud software and infrastructure-as-a-service solutions that enable customers to migrate, run, and manage mission-critical applications in cloud-based IT environments, as well as in the resale of VMware products and services. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in August 2016. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.