The CEO of DELL, Michael S. Dell has sold around 3,680 shares of the company stocks in a 22nd June transaction. The average price at which these stocks were sold is $100, with the total transaction coming to $368,000. After the transaction, the CEO now has ownership of around 6,273,640 shares with a total valuation coming to $627,364,000. The transaction has been documented with the SEC.
The Quarterly Reports Of DELL
The stocks of DELL traded on Tuesday at $0.24. The year low of the company is $48.34, with the year high coming to $104.62. The debt-to-equity ratio of the company is 4.42, with a 0.70 quick ratio, and a 0.77 current ratio. The moving average price of the company over a period of 50 days is $100. The market cap of the firm is $76.19 billion, with a 19.37 PE ratio, and a 1.09 PEG ratio.
The stocks of DELL previously announced their quarterly earnings on the 26th of May. The EPS reported by the company during this period was $2.13, with the consensus estimate coming to $1.55. The revenue generated by the company during this period was $24.50 billion, with the consensus estimate coming to $23.35 billion. The net margin for the company was 4.12%, with a 102.13% return on equity.
There have been quite a few research equities that have commented on the stocks of DELL. Morgan Stanley has already increased the price target of the company from $127 to $130 with a rating of overweight in a 28th May research report. Evercore ISI has also increased the price target of the company from $105 to $110 with a rating of outperform in a 15th April research report. Raymond James has also increased the price target from $113 to $118 with a rating of outperform in a 28th May research report.
