There has been some buying and selling insider activity on #DellTechnologies Inc. Class V ( #NYSE: #DVMT ) recently. David I. Goulden, Pres., Infra. Solutions Group reported the sale of 4,700 shares. The shares were purchased at an average price of $66.99. The Pres., Infra. Solutions Group now owns $2,649,789 of the stock according to the SEC filing. David I. Goulden, Pres., Infra. Solutions Group sold $289,191 worth of shares at an average price of $61.53 on Tue the 11th. That brings Goulden’s holdings to $2,723,010 per an SEC filing yesterday. Michael S. Dell, CEO purchased $1,229,373 worth of shares at an average price of $27.52 on June 9th. The CEO now owns $10,221,106 of the stock as recorded in a recent Form 4 SEC filing. Dell Technologies Inc. provides a range of technology solutions worldwide. It offers client computing devices, including desktop personal computers, notebooks, and tablets; rack, blade, tower, and hyperscale servers for enterprise customers; value tower servers for small organizations, networks, and remote offices; networking solutions; and storage solutions, including storage area networks, network-attached and direct-attached storage, and backup systems. It also sells peripherals, including monitors, printers, projectors, and other client and enterprise peripherals, as well as third-party software products. In addition, the company offers support and extended warranty, enterprise installation, and configuration services; and infrastructure and security managed, cloud computing and infrastructure consulting, and security consulting and threat intelligence services. Further, it provides application services, such as application development, maintenance, migration, management, and consulting, as well as package implementation, testing and quality assurance functions, business intelligence and data warehouse solutions; business process services comprising back office administration, call center management, and other technical and administration services; and system and information management, and security software services. Additionally, the company offers financial services, including originating, collecting, and servicing customer receivables primarily related to the purchase of its products. It serves corporate businesses; educational institutions, government, healthcare, and law enforcement agencies; small and medium-sized businesses; and consumers directly, as well as through retailers, third-party solution providers, system integrators, and third-party resellers. 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.
The company is so far trading up by 0.62% since yesterday’s close of $66.4. Shares of the company are trading at $66.81 which is quite a bit above the 50 day moving average which is $63.31 and a bit higher than the 200 day moving average of $64.41. The 50 day moving average was up $3.50 and the 200 day average was up $2.40.
As of the latest earnings report the EPS was $-3.93 and is estimated to be $4.72 for the current year with 771,976,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $1.22 with next year’s EPS projected to be $4.72.
No comments:
Post a Comment