Advisory Services Network LLC Increases Stake in Dell Technologies Inc. (NYSE:DELL)
Advisory Services Network LLC significantly boosted its ownership in Dell Technologies Inc. (NYSE:DELL) by 330.5% in the fourth quarter, according to the latest Form 13F filing with the Securities & Exchange Commission. The fund now holds 13,646 shares of the technology company’s stock, representing an increase of 10,476 shares. The total value of Advisory Services Network LLC’s holdings in Dell Technologies reached $1,044,000 as of the most recent SEC filing.
Numerous other institutional investors have also made adjustments to their positions in DELL. Anchor Investment Management LLC initiated a new position in Dell Technologies during the fourth quarter, while Pinnacle Bancorp Inc. and Farmers & Merchants Trust Co of Chambersburg PA increased their stakes. GPS Wealth Strategies Group LLC and Friedenthal Financial are among the other entities that have recently taken positions in Dell Technologies.
Dell Technologies’ stock performance has been notable, with shares on the NYSE opening at $169.98 on Friday. The company boasts a market capitalization of $121.33 billion, a P/E ratio of 38.90, and a beta of 0.87. Analysts anticipate that Dell Technologies Inc. will achieve earnings per share of 6.74 for the current fiscal year.
In terms of insider activity, Director V (Gp) L.L.C. Slta and CEO Michael S. Dell have both recently sold significant amounts of Dell Technologies stock. These transactions have been closely monitored by market analysts and investors alike.
On Wall Street, analysts have been actively assessing Dell Technologies’ performance and have issued various price targets and ratings for the stock. Loop Capital, JPMorgan Chase & Co., TD Cowen, UBS Group, and Citigroup are among the institutions that have provided insights into Dell Technologies’ potential growth and investment value.
For more in-depth analysis and updates on Dell Technologies, consider exploring our latest report on the company. Dell Technologies Inc. operates globally, offering an array of products and services through its Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG) segments.
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