Dell Technologies (DVMT) Receiving Somewhat Favorable Media Coverage, Report Finds
News coverage about Dell Technologies (NYSE:DVMT) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dell Technologies earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.634000968313 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Dell Technologies (DVMT) vs. Its Peers Head to Head Review (americanbankingnews.com)
- Head to Head Review: Dell Technologies (DVMT) versus Its Peers (americanbankingnews.com)
- Stitch Fix drops on mixed earnings, Microsoft hit with discrimination lawsuit, Amazon workers in Spain to strike (finance.yahoo.com)
- Head to Head Review: Dell Technologies (DVMT) & Seagate Technology (STX) (americanbankingnews.com)
- Dell Technologies (DVMT) vs. Its Competitors Head to Head Survey (americanbankingnews.com)
Dell Technologies (DVMT) traded up $0.69 during trading hours on Friday, hitting $78.31. 43,374 shares of the stock traded hands, compared to its average volume of 2,829,028. Dell Technologies has a 12-month low of $59.92 and a 12-month high of $92.40. The company has a debt-to-equity ratio of 2.98, a quick ratio of 0.78 and a current ratio of 0.85. The stock has a market cap of $59,873.70, a PE ratio of -10.93, a price-to-earnings-growth ratio of 1.49 and a beta of -0.83.
DVMT has been the subject of a number of research reports. TheStreet raised shares of Dell Technologies from a “d-” rating to a “c-” rating in a research note on Wednesday, February 14th. Deutsche Bank initiated coverage on shares of Dell Technologies in a research note on Wednesday, February 28th. They issued a “buy” rating and a $114.00 price objective for the company. Stifel Nicolaus cut shares of Dell Technologies from a “buy” rating to a “hold” rating in a research report on Friday, March 2nd. ValuEngine raised shares of Dell Technologies from a “hold” rating to a “buy” rating in a research report on Monday, February 5th. Finally, Wells Fargo & Co initiated coverage on shares of Dell Technologies in a research report on Wednesday, February 28th. They set an “outperform” rating for the company. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $110.00.
In other Dell Technologies news, CEO Michael S. Dell purchased 12,967 shares of Dell Technologies stock in a transaction that occurred on Monday, January 8th. The shares were bought at an average price of $33.17 per share, for a total transaction of $430,115.39. Following the completion of the transaction, the chief executive officer now owns 552,241 shares of the company’s stock, valued at approximately $18,317,833.97. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David I. Goulden sold 4,700 shares of the business’s stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $80.93, for a total transaction of $380,371.00. Following the completion of the sale, the insider now owns 20,755 shares in the company, valued at approximately $1,679,702.15. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,100 shares of company stock worth $1,171,898. Company insiders own 45.00% of the company’s stock.
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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.
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