Dell Technologies (NYSE:DVMT) Receiving Somewhat Favorable News Coverage, Analysis Finds

Headlines about Dell Technologies (NYSE:DVMT) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Dell Technologies earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news stories about the company an impact score of 44.5972293774201 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

DVMT has been the topic of several recent research reports. Gabelli initiated coverage on shares of Dell Technologies in a report on Wednesday, January 31st. They set a “buy” rating and a $106.00 target price on the stock. ValuEngine raised shares of Dell Technologies from a “hold” rating to a “buy” rating in a report on Monday, February 5th. Finally, BidaskClub cut shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 2nd.

Shares of Dell Technologies (NYSE:DVMT) traded up $1.68 during trading hours on Friday, reaching $67.30. 2,584,889 shares of the company were exchanged, compared to its average volume of 4,839,319. The company has a market capitalization of $51,779.75, a PE ratio of -9.28, a price-to-earnings-growth ratio of 1.37 and a beta of -1.25. The company has a debt-to-equity ratio of 2.98, a current ratio of 0.85 and a quick ratio of 0.78. Dell Technologies has a fifty-two week low of $59.92 and a fifty-two week high of $92.40.

Dell Technologies (NYSE:DVMT) last announced its quarterly earnings data on Thursday, December 7th. The company reported $1.57 earnings per share (EPS) for the quarter. Dell Technologies had a negative net margin of 4.50% and a positive return on equity of 21.53%. sell-side analysts predict that Dell Technologies will post 5.12 EPS for the current fiscal year.

In other news, CEO Michael S. Dell acquired 14,350 shares of the firm’s stock in a transaction that occurred on Monday, December 11th. The shares were acquired at an average cost of $32.70 per share, with a total value of $469,245.00. Following the completion of the purchase, the chief executive officer now directly owns 539,274 shares of the company’s stock, valued at approximately $17,634,259.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David I. Goulden sold 4,700 shares of Dell Technologies stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $87.48, for a total transaction of $411,156.00. Following the completion of the transaction, the insider now directly owns 19,955 shares in the company, valued at $1,745,663.40. The disclosure for this sale can be found here. Insiders sold 14,100 shares of company stock worth $1,171,898 over the last three months. 45.00% of the stock is currently owned by insiders.

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About Dell Technologies

Dell Technologies Inc, formerly Denali Holding Inc, is a provider of information technology solutions. The Company operates through two segments: Client Solutions and Enterprise Solutions Group (ESG). The Client Solutions segment includes sales to commercial and consumer customers of desktops, thin client products and notebooks, as well as services and third-party software and peripherals closely tied to the sale of Client Solutions hardware.

Insider Buying and Selling by Quarter for Dell Technologies (NYSE:DVMT)

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