Wealthcare Advisory Partners LLC Purchases 809 Shares of Dell Technologies Inc. (NYSE:DELL)

Wealthcare Advisory Partners LLC grew its stake in Dell Technologies Inc. (NYSE:DELL) by 44.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,612 shares of the technology company’s stock after acquiring an additional 809 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Dell Technologies were worth $238,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Bellwether Advisors LLC bought a new stake in shares of Dell Technologies during the 4th quarter valued at $25,000. Vision Financial Markets LLC acquired a new position in shares of Dell Technologies during the fourth quarter worth about $26,000. Lee Danner & Bass Inc. acquired a new stake in shares of Dell Technologies in the fourth quarter valued at approximately $26,000. JFS Wealth Advisors LLC lifted its position in Dell Technologies by 204.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 329 shares of the technology company’s stock worth $38,000 after buying an additional 221 shares in the last quarter. Finally, McIlrath & Eck LLC boosted its position in Dell Technologies by 155.8% during the fourth quarter. McIlrath & Eck LLC now owns 330 shares of the technology company’s stock valued at $38,000 after purchasing an additional 201 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, CAO Brunilda Rios sold 926 shares of the stock in a transaction dated Friday, March 28th. The shares were sold at an average price of $93.29, for a total value of $86,386.54. Following the completion of the sale, the chief accounting officer now owns 37,948 shares in the company, valued at approximately $3,540,168.92. This trade represents a 2.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 453,321 shares of the firm’s stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $114.99, for a total transaction of $52,127,381.79. Following the sale, the director now owns 877,339 shares of the company’s stock, valued at $100,885,211.61. This trade represents a 34.07% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 851,905 shares of company stock valued at $97,155,665. Company insiders own 42.00% of the company’s stock.

Dell Technologies Stock Down 3.5%

DELL opened at $109.48 on Friday. The stock has a market cap of $76.40 billion, a PE ratio of 19.34, a price-to-earnings-growth ratio of 1.10 and a beta of 1.01. The company has a fifty day moving average of $100.19 and a 200-day moving average of $105.38. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $161.52.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, May 29th. The technology company reported $1.55 EPS for the quarter, missing the consensus estimate of $1.68 by ($0.13). Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The company had revenue of $23.38 billion for the quarter, compared to analyst estimates of $23.17 billion. During the same period last year, the business earned $1.27 EPS. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. Sell-side analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on DELL. Mizuho boosted their price objective on shares of Dell Technologies from $140.00 to $145.00 and gave the stock an “outperform” rating in a research note on Monday, May 19th. Barclays raised their price target on shares of Dell Technologies from $116.00 to $123.00 and gave the stock an “equal weight” rating in a research report on Friday, May 30th. Wall Street Zen upgraded Dell Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Raymond James raised their target price on Dell Technologies from $144.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, May 30th. Finally, Morgan Stanley lifted their price target on shares of Dell Technologies from $89.00 to $126.00 and gave the company an “overweight” rating in a report on Wednesday, May 21st. Three investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $138.00.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).