Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Dell Technologies Inc shares valued at $3,411,664 were sold by Silver Lake Group, L.L.C. on Jul 16 ’24. At $134.42 per share, Silver Lake Group, L.L.C. sold 25,381 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, SLTA IV (GP), L.L.C. sold 16,887 shares, netting a total of over 2,468,921 in proceeds. Following the sale of shares at $146.20 each, the insider now holds 787,669 shares.
Before that, SLTA V (GP), L.L.C. had sold 16,887 shares from its account. In a trade valued at $2,468,921, the Director traded Dell Technologies Inc shares for $146.20 each. Upon closing the transaction, the insider’s holdings decreased to 16,887 shares, worth approximately $85.84 million.
As published in a research note from Barclays on August 13, 2024, Dell Technologies Inc [DELL] has been rated up from an Underweight to an Equal weight and the price target has been revised to $97. Analysts at TD Cowen resumed the stock at ‘”a Hold”‘ outlook in a report released in late May. As of May 29, 2024, BofA Securities has reiterated its “Buy” rating for DELL. Earlier on May 21, 2024, Wells Fargo resumed its rating. Their recommendation was “an Overweight” for DELL stock.
Analyzing DELL Stock Performance
During the last five days, there has been a drop of approximately -1.12%. Over the course of the year, Dell Technologies Inc shares have jumped approximately 42.46%. Shares of the company reached a 52-week high of $179.70 on 05/29/24 and a 52-week low of $74.32 on 01/02/24. A 50-day SMA is recorded $123.62, while a 200-day SMA reached $107.04. Nevertheless, trading volume fell to 6.98 million shares from 6.71 million shares the previous day.
Support And Resistance Levels for Dell Technologies Inc (DELL)
According to the 24-hour chart, there is a support level at 107.09, which, if violated, would cause prices to drop to 105.21. In the upper region, resistance lies at 112.44. The next price resistance is at 115.91. RSI (Relative Strength Index) is 47.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 8.49, which suggests the price will increase in the coming days. Percent R is at 18.60%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
