In the past 52-week period, shares of Dell Technologies Inc. (NYSE:DVMT) have moved within the range of $46.64 to $83.17. On the stock’s most recent trading day, the company’s shares ended the regular session at $83.25, which is -0.1% lower than its 52-week high.
Dell Technologies Inc. (DVMT) has demonstrated a 20-day simple moving average (SMA) of 4.80%, and a 50-day SMA of 10.10%. This public company’s current market capitalization stands at $16.79 billion.
Analyzing Consensus Estimates, Sales Revenue and Net Income
Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position. According to the latest data, the consensus recommendation for Dell Technologies Inc. (DVMT) is Buy.
Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Jul. 2017, Dell Technologies Inc. (DVMT) delivered a 0.58% surprise with its net revenue. Sales reached $19.63 billion during the three-month period, compared to the average analyst estimate of $19.52 billion.
Meanwhile, during the same quarter Dell Technologies Inc. (DVMT) delivered a 4.59% earnings surprise. Net earnings for the quarter were posted at $1.14 per share, whereas Wall Street had forecast $1.09 per share.
Ownership at Dell Technologies Inc. (DVMT), According to Most Recent SEC Filings
A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership. Dell Technologies Inc. (DVMT) has 0.2 billion shares outstanding currently, 89.18% of which belong to institutional investors. Those institutional holdings amount to $14.98 billion.
Additionally, according to the most recent 13F filing from Dell Technologies Inc. (DVMT), there were 63 new positions totaling 3,593,176 shares of the company’s stock. There were 67 sold out positions, on the other hand, totaling 5,385,111 shares.