Stocks of Dell Technologies Inc (NYSE:DELL) traded higher last session on Wall Street, up 1.58% to $101.67.
DELL stock price is now -13.82% away from the 50-day moving average and -17.91% away from the 200-day moving average. The market capitalization of the company currently stands at $71.34B.
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 Jan 22 ’25. The stock was sold for $87,000 at an average price of $120.00. Upon completion of the transaction, the Director now directly owns 23,680 shares in the company, valued at $2.41 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 22 ’25, Director Vojvodich Radakovich Lynn bought 725 shares of the business’s stock. A total of $87,000 was incurred on buying the stock at an average price of $120.00. A total of 55.84% of the company’s stock is owned by insiders.
During the past 12 months, Dell Technologies Inc has had a low of $80.49 and a high of $179.70. According to the stock market information, the enterprise value for the company is $120382013440, which is based on a 17.97 price-to-earnings ratio, a 1.24 price-to-earnings-growth ratio, and a beta of 0.83. The fifty day moving average price for DELL is $118.6536 and a two-hundred day moving average price translates $123.93705 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.
