Tredje AP fonden Boosts Position in Dell Technologies Inc. (DVMT)

Dell Technologies' PC, servers, networking revenue strong in Q3

Dell Technologies' PC, servers, networking revenue strong in Q3

Institutional investors own 23.03% of the company's stock.

Additionally, according to the most recent 13F filing from Dell Technologies Inc.

Other large investors have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Dell Technologies by 3.4% during the 3rd quarter.

Rhumbline Advisers decreased its holdings in Dell Technologies Inc. Canada Pension Plan Investment Board now owns 71,031 shares of the company's stock valued at $5,484,000 after purchasing an additional 51,000 shares in the last quarter. Finally, Huntington National Bank purchased a new stake in Dell Technologies in the 3rd quarter worth approximately $1,038,000. Roberts Glore & Co. Inc.

Dell Technologies on Thursday reported a more than 20 percent year-over-year growth in sales for its fiscal third quarter, while also reporting that it lowered its operating loss. State of Wisconsin Investment Board increased its stake in shares of Dell Technologies by 70.6% in the 3rd quarter. Whittier Trust Co. now owns 9,494 shares of the company's stock valued at $733,000 after acquiring an additional 808 shares during the period.

Dell Technologies Inc. has a 1-year low of $52.87 and a 1-year high of $83.98. (NYSE:DVMT) traded up $0.59 during midday trading on Thursday, reaching $75.06. The stock has a market cap of $57,548.41, a price-to-earnings ratio of 11.80 and a beta of 0.08. Dell Technologies Inc. The company has a current ratio of 0.76, a quick ratio of 0.70 and a debt-to-equity ratio of 2.44.

Dell Technologies (NYSE:DVMT) last issued its quarterly earnings results on Thursday, September 7th. It also reported a Q3 GAAP net loss of $941 million, improving on a $1.64 billion operating loss during the same quarter last year, while after excluding one-time items, the company earned nearly $1.11 billion in non-GAAP net income from continuing operations compared with $970 million during the year-ago period. This is an increase over its revenue of $16.25 billion that was reported in the same period of the year prior.

Net loss reported by Dell Technologies Inc for its fiscal third quarter of 2018 came in at $941 million.

In other Dell Technologies news, major shareholder Dell Technologies Inc sold 435,682 shares of the firm's stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $76.26, for a total transaction of $358,422.00. Following the sale, the insider now owns 34,855 shares of the company's stock, valued at approximately $2,658,042.30. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The shares were acquired at an average cost of $32.70 per share, with a total value of $2,667,437.10. The disclosure for this purchase can be found here. Insiders sold 517,809 shares of company stock worth $50,749,496 in the last 90 days.

WARNING: This news story was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. "(DVMT)" was originally published by TrueBlueTribune and is owned by of TrueBlueTribune.

"In the third fiscal quarter, we delivered solid performance across the business", Tom Sweet, CFO at Dell Technologies Inc, said in a statement.

Notícias recomendadas

  • US B-1B bombers participate in joint drill in South Korea

    US B-1B bombers participate in joint drill in South Korea

    The US-South Korea drills coincide with a rare visit to the North by United Nations political affairs chief Jeffrey Feltman. Their exercise was simulated to target key North Korean facilities including nuclear and missile sites.
    After Homophobic Comments, Pennsylvania Governor Urges GOP to Rethink Lawmaker's Job

    After Homophobic Comments, Pennsylvania Governor Urges GOP to Rethink Lawmaker's Job

    Bradford, who has a wife and four children has reportedly said that Metcalfe was "out of control" with his comments. The conservative lawmaker told TribLive that Bradford has been repeatedly told to rein in his touching behavior.

    Annaly Capital Management, Inc. (NYSE: NLY) - Intraday Trade Strategies in Focus

    In Play Stocks are volatile enough to produce good risk and reward trading opportunities for both bull and bear traders intraday. Keefe Bruyette & Woods maintained the stock with "Hold" rating in Wednesday, August 2 report. (NYSE: NLY ) valuations.
  • Analysts Weigh in on Sucampo Pharma Inc (SCMP)

    HPM Partners LLC acquired a new position in shares of Sucampo Pharmaceuticals in the 2nd quarter worth approximately $1,307,000. Volume gives an investor an inspiration of the price action of a security and whether he should buy or sell the security.
    Kelsey MacDonald well placed after two rounds in Dubai

    Kelsey MacDonald well placed after two rounds in Dubai

    Scotland's Kelsey MacDonald is two shots further back on eight-under, while Hall's 67 helped her claim third at the Emirates Golf Club.
    Chipotle Is Giving Away Free Queso!

    Chipotle Is Giving Away Free Queso!

    Chipotle said it was a result of using all-natural ingredients, but after more complaints, the company chose to change its recipe. In a recent tweet, Chipotle announced its intention to give away the new menu item, which had a less than stellar debut.
  • Bitcoin surges past $15000 because why not

    Bitcoin surges past $15000 because why not

    Investors continue to pile into Bitcoin ahead of the launch of futures contracts by CBOE at the weekend in the United States. The company had 13.3 million users as of November 26, up from 13 million on November 22 and 10.6 million two months ago.

    Blackrock Muniholdings Fund Inc (NYSE:MHD) Stock Sentiment Increases

    CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. After a recent check, the 14-day RSI is now at 56.89, the 7-day stands at 65.72, and the 3-day is sitting at 82.95.

    Matrix Asset Advisors Inc. NY Buys 12523 Shares of Schlumberger Limited. (SLB)

    Jane Street Gp Ltd Liability accumulated 0.02% or 92,870 shares. 40,000 shares were sold by Floridia Aaron Gatt , worth $2.77M. After $0.42 actual EPS reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts 7.14 % EPS growth.
  • China's air force drills warn US, South Korea

    China's air force drills warn US, South Korea

    The United States and South Korea deployed THAAD , a USA missile defense system, that is strongly opposed in Beijing. The article didn't name North Korea or any other military power, despite their proximity.
    Canning Vale fight: Witnesses tell of bloody brawl aftermath

    Canning Vale fight: Witnesses tell of bloody brawl aftermath

    A red sports-style vehicle was seen at the Eucalyptus Boulevard scene with its windscreen shattered. I went back inside and had a shower to wash off the blood that was on me.

    The Express Scripts Holding Company (ESRX) Position Reduced by WealthTrust Fairport LLC

    On a percent-of-sales basis, ESRX's free cash flow was 1.8% while ANTM converted 2.27% of its revenues into cash flow. Factory Mutual Ins holds 766,488 shares or 0.57% of its portfolio. 36,103 were reported by Glg Ltd Liability Company.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.