Somewhat Positive News Coverage Somewhat Unlikely to Affect Dell Technologies (DVMT) Share Price

Media coverage about Dell Technologies (NYSE:DVMT) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dell Technologies earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.6490265641028 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the media stories that may have impacted Accern’s rankings:

Separately, BidaskClub cut shares of Dell Technologies from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 2nd.

Shares of Dell Technologies (NYSE DVMT) traded up $0.59 during mid-day trading on Wednesday, hitting $75.06. 2,195,497 shares of the stock traded hands, compared to its average volume of 1,394,522. Dell Technologies has a one year low of $52.87 and a one year high of $83.98. The firm has a market cap of $57,872.97, a price-to-earnings ratio of 11.87 and a beta of 0.08. The company has a quick ratio of 0.70, a current ratio of 0.76 and a debt-to-equity ratio of 2.44.

Dell Technologies (NYSE:DVMT) last announced its quarterly earnings results on Thursday, September 7th. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.79. Dell Technologies had a negative net margin of 6.24% and a positive return on equity of 19.45%. The company had revenue of $19.30 billion during the quarter.

In related news, insider David I. Goulden sold 4,700 shares of the company’s stock in a transaction on Tuesday, September 26th. The shares were sold at an average price of $76.26, for a total value of $358,422.00. Following the completion of the transaction, the insider now directly owns 34,855 shares of the company’s stock, valued at approximately $2,658,042.30. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider David I. Goulden sold 72,727 shares of the company’s stock in a transaction on Friday, October 13th. The stock was sold at an average price of $32.70, for a total transaction of $2,378,172.90. The disclosure for this sale can be found here. Insiders sold a total of 517,809 shares of company stock valued at $50,749,496 in the last three months. 45.00% of the stock is owned by company insiders.

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About Dell Technologies

Dell Technologies Inc, formerly Denali Holding Inc, is a provider of information technology solutions. The Company operates through two segments: Client Solutions and Enterprise Solutions Group (ESG). The Client Solutions segment includes sales to commercial and consumer customers of desktops, thin client products and notebooks, as well as services and third-party software and peripherals closely tied to the sale of Client Solutions hardware.

Insider Buying and Selling by Quarter for Dell Technologies (NYSE:DVMT)

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