Saturday, June 24, 2017

Dell Technologies Inc (DVMT) CEO Michael S. Dell Acquires 44,672 Shares

#DellTechnologies Inc (NASDAQ:DVMT) CEO @MichaelDell bought 44,672 shares of the firm’s stock in a transaction dated Friday, June 9th. The shares were acquired at an average cost of $25.60 per share, with a total value of $1,143,603.20. Following the completion of the transaction, the chief executive officer now owns 335,043 shares in the company, valued at $8,577,100.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Shares of Dell Technologies Inc (NASDAQ:DVMT) traded up 0.22% during midday trading on Friday, hitting $63.70. The stock had a trading volume of 80,789 shares. The stock’s market cap is $49.17 billion. Dell Technologies Inc has a 12 month low of $42.02 and a 12 month high of $69.72. The stock’s 50-day moving average is $65.95 and its 200-day moving average is $62.60.

Dell Technologies (NASDAQ:DVMT) last announced its earnings results on Thursday, June 8th. The company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.19. Dell Technologies had a negative net margin of 7.04% and a negative return on equity of 37.90%. The business had revenue of $17.82 billion during the quarter. Equities analysts anticipate that Dell Technologies Inc will post $4.72 EPS for the current year.
https://www.thecerbatgem.com/2017/06/23/dell-technologies-inc-dvmt-ceo-acquires-1143603-20-in-stock-updated.html

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