Coyle Financial Counsel LLC Purchases Shares of 6,983 Dell Technologies Inc. $DELL

by · The Cerbat Gem

Coyle Financial Counsel LLC purchased a new stake in shares of Dell Technologies Inc. (NYSE:DELLFree Report) during the 4th quarter, HoldingsChannel reports. The firm purchased 6,983 shares of the technology company’s stock, valued at approximately $879,000.

Several other large investors have also added to or reduced their stakes in the company. Cornerstone Select Advisors LLC grew its stake in Dell Technologies by 7.3% during the 4th quarter. Cornerstone Select Advisors LLC now owns 8,097 shares of the technology company’s stock valued at $1,019,000 after purchasing an additional 550 shares during the last quarter. Acorn Wealth Advisors LLC grew its stake in Dell Technologies by 57.9% during the 4th quarter. Acorn Wealth Advisors LLC now owns 4,258 shares of the technology company’s stock valued at $536,000 after purchasing an additional 1,562 shares during the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in Dell Technologies during the 4th quarter valued at about $28,120,000. JTC Employer Solutions Trustee Ltd grew its stake in Dell Technologies by 1,131.9% during the 4th quarter. JTC Employer Solutions Trustee Ltd now owns 3,548 shares of the technology company’s stock valued at $446,000 after purchasing an additional 3,260 shares during the last quarter. Finally, FUKOKU MUTUAL LIFE INSURANCE Co purchased a new stake in Dell Technologies during the 4th quarter valued at about $440,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Wall Street Analysts Forecast Growth

DELL has been the topic of several research analyst reports. Wall Street Zen upgraded Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday. The Goldman Sachs Group boosted their price target on Dell Technologies from $215.00 to $230.00 in a research note on Thursday, April 30th. Melius Research set a $565.00 price target on Dell Technologies in a research note on Friday. Daiwa Securities Group raised their target price on Dell Technologies from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Finally, Sanford C. Bernstein raised their target price on Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $421.00.

Read Our Latest Research Report on Dell Technologies

Key Headlines Impacting Dell Technologies

Here are the key news stories impacting Dell Technologies this week:

Dell Technologies Stock Up 32.8%

Dell Technologies stock opened at $420.96 on Friday. The firm has a market cap of $271.83 billion, a price-to-earnings ratio of 33.44, a price-to-earnings-growth ratio of 1.16 and a beta of 0.99. Dell Technologies Inc. has a 52 week low of $106.38 and a 52 week high of $429.15. The business’s 50-day moving average price is $216.82 and its 200 day moving average price is $159.38.

Dell Technologies (NYSE:DELLGet Free Report) last posted its earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping the consensus estimate of $3.04 by $1.82. The firm had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a negative return on equity of 324.36% and a net margin of 6.28%.Dell Technologies’s revenue for the quarter was up 87.5% compared to the same quarter last year. During the same period last year, the company earned $1.55 earnings per share. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. Equities analysts expect that Dell Technologies Inc. will post 12.21 EPS for the current year.

Insider Buying and Selling

In other Dell Technologies news, Director Ellen Jamison Kullman sold 150,346 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the transaction, the director owned 65,662 shares in the company, valued at approximately $9,529,526.06. This represents a 69.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total value of $74,883,300.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,571,688 shares of company stock worth $576,654,105 in the last quarter. 41.50% of the stock is currently owned by company insiders.

Dell Technologies Profile

(Free Report)

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.

Further Reading

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