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 $2,512,290 were purchased by Durban Family Foundation on Jan 16 ’25. At $109.23 per share, Durban Family Foundation acquired 23,000 shares.
Also, SLTA V (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 IV (GP), L.L.C. had sold 499,045 shares from its account. In a trade valued at $59,750,319, the Director traded Dell Technologies Inc shares for $119.73 each. Upon closing the transaction, the insider’s holdings decreased to 499,045 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 drop of approximately -7.71%. Over the course of the year, Dell Technologies Inc shares have dropped approximately -4.45%. Shares of the company reached a 52-week high of $125.77 on 01/07/25 and a 52-week low of $106.69 on 01/13/25. A 50-day SMA is recorded $124.73, while a 200-day SMA reached $124.84. Nevertheless, trading volume fell to 6.06 million shares from 9.11 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 108.56, which, if violated, would cause prices to drop to 107.02. In the upper region, resistance lies at 111.51. The next price resistance is at 112.91. RSI (Relative Strength Index) is 37.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.37, which suggests the price will decrease in the coming days. Percent R is at 82.08%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
