OxFORD Asset Management LLP Purchases 22,950 Shares of Dell Technologies Inc. (DVMT)

OxFORD Asset Management LLP boosted its position in Dell Technologies Inc. (NYSE:DVMT) by 29.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 100,095 shares of the company’s stock after acquiring an additional 22,950 shares during the period. OxFORD Asset Management LLP’s holdings in Dell Technologies were worth $7,732,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in DVMT. Longfellow Investment Management Co. LLC raised its stake in shares of Dell Technologies by 316.4% in the third quarter. Longfellow Investment Management Co. LLC now owns 104,100 shares of the company’s stock worth $8,038,000 after purchasing an additional 79,100 shares during the last quarter. Oakbrook Investments LLC purchased a new stake in shares of Dell Technologies in the third quarter worth approximately $270,000. Whittier Trust Co. raised its stake in shares of Dell Technologies by 9.3% in the third quarter. Whittier Trust Co. now owns 9,494 shares of the company’s stock worth $733,000 after purchasing an additional 808 shares during the last quarter. Fox Run Management L.L.C. purchased a new stake in shares of Dell Technologies in the third quarter worth approximately $456,000. Finally, Huntington National Bank purchased a new stake in shares of Dell Technologies in the third quarter worth approximately $1,038,000. Institutional investors and hedge funds own 23.03% of the company’s stock.

Shares of Dell Technologies Inc. (NYSE:DVMT) opened at $79.96 on Monday. The company has a current ratio of 0.76, a quick ratio of 0.70 and a debt-to-equity ratio of 2.44. The company has a market capitalization of $61,790.93, a P/E ratio of 12.67 and a beta of 0.08. Dell Technologies Inc. has a 52-week low of $51.02 and a 52-week high of $83.98.

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

In related news, insider David I. Goulden sold 72,727 shares of the stock in a transaction that occurred 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Dell Technologies Inc sold 435,682 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $109.31, for a total value of $47,624,399.42. The disclosure for this sale can be found here. Insiders have sold 517,809 shares of company stock valued at $50,749,496 over the last ninety days. 45.00% of the stock is currently owned by company insiders.

Separately, BidaskClub raised Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 2nd.

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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.

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Institutional Ownership by Quarter for Dell Technologies (NYSE:DVMT)

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