Dell Technologies Inc’s filing revealed that its insider Durban Family Foundation acquired Company’s shares for reported $2.51 million on Jan 16 ’25. In the deal valued at $109.23 per share,23,000 shares were bought.
Then, SLTA V (GP), L.L.C. sold 499,045 shares, generating $59,750,319 in total proceeds. Upon selling the shares at $119.73, the Director now owns 0 shares.
Before that, SLTA IV (GP), L.L.C. sold 499,045 shares. Dell Technologies Inc shares valued at $59,750,319 were divested by the Director at a price of $119.73 per share. As a result of the transaction, SLTA IV (GP), L.L.C. now holds 0 shares, worth roughly $0.0.
A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in mid September with a ‘”an Outperform”‘ rating. Susquehanna began covering DELL with “Neutral” recommendation on September 10, 2024. Fox Advisors revised its rating on August 30, 2024. It rated DELL as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of DELL
On Tuesday, Dell Technologies Inc [NYSE:DELL] saw its stock jump 1.74% to $111.55. Over the last five days, the stock has gained 1.25%. Dell Technologies Inc shares have fallen nearly -3.20% since the year began. Nevertheless, the stocks have risen 42.27% over the past one year. While a 52-week high of $179.70 was reached on 01/07/25, a 52-week low of $77.70 was recorded on 01/13/25. SMA at 50 days reached $123.89, while 200 days put it at $124.71.
Levels Of Support And Resistance For DELL Stock
The 24-hour chart illustrates a support level at 108.85, which if violated will result in even more drops to 106.14. On the upside, there is a resistance level at 113.32. A further resistance level may holdings at 115.08. The Relative Strength Index (RSI) on the 14-day chart is 40.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.53%. Stochastics %K at 18.80% indicates the stock is a buying.
How much short interest is there in Dell Technologies Inc?
A steep rise in short interest was recorded in Dell Technologies Inc stocks on 2024-11-15, dropping by -0.2 million shares to a total of 10.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 10.34 million shares. There was a decline of -2.0%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 30, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $128.
