Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Dell Technologies Inc shares valued at $59,750,319 were sold by SLTA V (GP), L.L.C. on Jan 08 ’25. At $119.73 per share, SLTA V (GP), L.L.C. sold 499,045 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, SLTA IV (GP), L.L.C. sold 499,045 shares, netting a total of over 59,750,319 in proceeds. Following the sale of shares at $119.73 each, the insider now holds 0 shares.
Before that, SLTA V (GP), L.L.C. had sold 324,076 shares from its account. In a trade valued at $40,286,694, the Director traded Dell Technologies Inc shares for $124.31 each. Upon closing the transaction, the insider’s holdings decreased to 324,076 shares, worth approximately $0.0.
Analysts at Mizuho started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid September. As of September 10, 2024, Susquehanna has initiated its “Neutral” rating for DELL. Earlier on August 30, 2024, Fox Advisors upgraded its rating. Their new recommendation was “an Overweight” for DELL stock which previously was a “an Equal weight”.
Analyzing DELL Stock Performance
During the last five days, there has been a surge of approximately 3.53%. Over the course of the year, Dell Technologies Inc shares have jumped approximately 3.53%. Shares of the company reached a 52-week high of $125.77 on 01/07/25 and a 52-week low of $113.53 on 01/02/25. A 50-day SMA is recorded $126.19, while a 200-day SMA reached $124.94. Nevertheless, trading volume fell to 5.07 million shares from 6.08 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 117.84, which, if violated, would cause prices to drop to 116.36. In the upper region, resistance lies at 120.70. The next price resistance is at 122.08. RSI (Relative Strength Index) is 47.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.14, which suggests the price will increase in the coming days. Percent R is at 41.41%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
