Dell Inc. (NASDAQ:DELL) Insider Karen H. Quintos Sells 150,000 Shares
Dell Inc. (NASDAQ:DELL) insider Karen H. Quintos sold 150,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 9th. The stock was sold at an average price of $51.01, for a total transaction of $7,651,500.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
NASDAQ:DELL opened at $53.78 on Friday. The company has a debt-to-equity ratio of 2.81, a quick ratio of 0.82 and a current ratio of 0.90. The stock has a market capitalization of $38.64 billion, a P/E ratio of 8.72 and a beta of 0.47. Dell Inc. has a fifty-two week low of $42.02 and a fifty-two week high of $70.55. The stock’s 50 day moving average is $55.21.
Dell (NASDAQ:DELL) last posted its quarterly earnings results on Thursday, May 30th. The technology company reported $1.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.15 by $0.30. The company had revenue of $21.91 billion for the quarter, compared to the consensus estimate of $22.24 billion. Dell had a negative net margin of 2.84% and a positive return on equity of 31.57%. The company’s quarterly revenue was up 2.6% on a year-over-year basis. As a group, research analysts anticipate that Dell Inc. will post 6.23 earnings per share for the current year.
A number of analysts recently issued reports on DELL shares. Deutsche Bank decreased their target price on shares of from GBX 295 ($3.85) to GBX 285 ($3.72) and set a “buy” rating on the stock in a research report on Wednesday, June 19th. Raymond James restated a “buy” rating on shares of Kelt Exploration in a research report on Friday, May 31st. Citigroup downgraded shares of First Quantum Minerals from a “buy” rating to a “neutral” rating and cut their price target for the stock from C$18.00 to C$13.00 in a research note on Tuesday, May 21st. Zacks Investment Research downgraded shares of W. R. Grace & Co from a “buy” rating to a “hold” rating in a research note on Wednesday, May 1st. Finally, Credit Suisse Group increased their price target on shares of Delta Air Lines from $37.00 to $68.00 and gave the stock an “outperform” rating in a research note on Thursday, April 11th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Dell presently has a consensus rating of “Buy” and a consensus target price of $66.14.
Dell Inc (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Dell is a holding company that conducts its business worldwide through its subsidiaries. The Company operates in four segments: Large Enterprise, Public, Small and Medium Business, and Consumer.
Featured Article: What is the Fibonacci sequence?
Receive News & Ratings for Dell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dell and related companies with MarketBeat.com's FREE daily email newsletter.