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Dell Technologies Stock Plunges – What's Next for Investors?

Dell Technologies stock is trading -33.88% below its average target price of $151.14 after dropping -3.5% during today's afternoon session. Analysts are giving the Large-Cap Computer Hardware company an average rating of buy and target prices ranging from $115.0 to $220.0 per share.

Dell Technologies's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.4%. The stock's short ratio is 1.56. The company's insiders own 6.54% 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 75.5%. In conclusion, we believe there is positive market sentiment regarding Dell Technologies.

Institutions Invested in Dell Technologies

Date Reported Holder Percentage Shares Value
2024-09-30 Vanguard Group Inc 7% 25,298,153 $2,528,044,437
2024-09-30 Blackrock Inc. 6% 22,791,091 $2,277,513,730
2024-09-30 State Street Corporation 4% 12,767,011 $1,275,807,413
2024-09-30 Capital World Investors 3% 12,388,678 $1,238,000,596
2024-09-30 FMR, LLC 3% 11,899,667 $1,189,133,726
2024-09-30 Morgan Stanley 3% 10,402,576 $1,039,529,422
2024-09-30 Jane Street Group, LLC 2% 6,913,859 $690,901,931
2024-09-30 Geode Capital Management, LLC 2% 6,317,829 $631,340,653
2024-09-30 Bank of America Corporation 1% 5,325,918 $532,218,987
2024-09-30 Boston Partners 1% 5,122,884 $511,929,799
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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