This afternoon we watched Dell Technologies drop -6.5% to a price of $88.52 per share. The Large-Cap Computer Hardware company is now trading -45.04% below its average target price of $161.05. Analysts have set target prices ranging from $97.0 to $185.0 per share for Dell Technologies, and have given the stock an average rating of buy.
Dell Technologies's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.6%. The stock's short ratio is 0.68. The company's insiders own 11.6% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 67.4%. In conclusion, we believe there is positive market sentiment regarding Dell Technologies.
Institutions Invested in Dell Technologies
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 5% | 16,611,749 | $1,470,388,952 |
| 2024-03-31 | Blackrock Inc. | 4% | 12,726,730 | $1,126,506,498 |
| 2024-03-31 | FMR, LLC | 4% | 12,604,424 | $1,115,680,582 |
| 2023-12-31 | Boston Partners | 3% | 9,575,882 | $847,609,189 |
| 2024-03-31 | Arrowstreet Capital, Limited Partnership | 3% | 7,812,395 | $691,514,138 |
| 2024-03-31 | Dz Bank Ag Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main | 2% | 7,415,288 | $656,364,212 |
| 2024-03-31 | Capital World Investors | 2% | 7,325,793 | $648,442,562 |
| 2024-03-31 | Morgan Stanley | 2% | 7,338,634 | $649,579,184 |
| 2024-03-31 | Alkeon Capital Management LLC | 2% | 5,401,493 | $478,113,149 |
| 2024-03-31 | Goldman Sachs Group Inc | 2% | 5,352,377 | $473,765,646 |
