Athos Capital Ltd trimmed its position in Dell Technologies Inc. (NYSE:DVMT) by 4.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,758 shares of the company’s stock after selling 2,500 shares during the period. Dell Technologies makes up about 3.5% of Athos Capital Ltd’s holdings, making the stock its 9th biggest position. Athos Capital Ltd’s holdings in Dell Technologies were worth $4,691,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of DVMT. Longfellow Investment Management Co. LLC boosted its position in shares of Dell Technologies by 316.4% during the 3rd quarter. Longfellow Investment Management Co. LLC now owns 104,100 shares of the company’s stock worth $8,038,000 after purchasing an additional 79,100 shares in the last quarter. Huntington National Bank purchased a new stake in shares of Dell Technologies during the 3rd quarter worth $1,038,000. Fox Run Management L.L.C. purchased a new stake in shares of Dell Technologies during the 3rd quarter worth $456,000. Aperio Group LLC boosted its position in shares of Dell Technologies by 3.6% during the 3rd quarter. Aperio Group LLC now owns 168,289 shares of the company’s stock worth $12,994,000 after purchasing an additional 5,831 shares in the last quarter. Finally, Levy Harkins & Co. Inc. boosted its position in shares of Dell Technologies by 1.9% during the 3rd quarter. Levy Harkins & Co. Inc. now owns 196,714 shares of the company’s stock worth $15,188,000 after purchasing an additional 3,695 shares in the last quarter. Hedge funds and other institutional investors own 22.97% of the company’s stock.
Separately, BidaskClub upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 2nd.
In related news, CEO Michael S. Dell purchased 81,573 shares of the firm’s stock in a transaction that occurred on Wednesday, October 18th. The stock was acquired at an average price of $32.70 per share, for a total transaction of $2,667,437.10. Following the transaction, the chief executive officer now directly owns 499,604 shares of the company’s stock, valued at approximately $16,337,050.80. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Michael S. Dell purchased 13,058 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The stock was bought at an average price of $25.03 per share, with a total value of $326,841.74. Following the transaction, the chief executive officer now directly owns 418,031 shares in the company, valued at $10,463,315.93. The disclosure for this purchase can be found here. Insiders have sold 86,827 shares of company stock valued at $3,439,997 in the last ninety days. Company insiders own 45.00% of the company’s stock.
Shares of Dell Technologies Inc. (NYSE:DVMT) traded down 0.69% during midday trading on Monday, hitting $83.30. 315,094 shares of the company’s stock traded hands. The stock’s market cap is $64.37 billion. Dell Technologies Inc. has a 52 week low of $47.99 and a 52 week high of $83.98. The company has a 50 day moving average of $78.98 and a 200 day moving average of $78.98.
Dell Technologies (NYSE:DVMT) last announced its earnings results on Thursday, September 7th. The company reported $1.88 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.09 by $0.79. Dell Technologies had a positive return on equity of 19.45% and a negative net margin of 6.24%. The business had revenue of $19.30 billion during the quarter. On average, equities analysts forecast that Dell Technologies Inc. will post $5.05 EPS for the current fiscal year.
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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