Dell Technologies Inc. (NYSE:DVMT) CEO Michael S. Dell acquired 14,350 shares of the company’s stock in a transaction dated Monday, December 11th. The shares were purchased at an average price of $32.70 per share, for a total transaction of $469,245.00. Following the purchase, the chief executive officer now directly owns 539,274 shares of the company’s stock, valued at $17,634,259.80. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Shares of Dell Technologies Inc. (NYSE:DVMT) opened at $80.99 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.85 and a debt-to-equity ratio of 2.98. The stock has a market capitalization of $61,636.38, a price-to-earnings ratio of 12.74 and a beta of 0.08. Dell Technologies Inc. has a one year low of $54.13 and a one year high of $83.98.
Separately, BidaskClub downgraded shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 2nd.
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Dell Technologies Company Profile
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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