DVMT - Dell Technologies Inc.

NYSE - NYSE Delayed Price. Currency in USD
95.01
-0.57 (-0.60%)
At close: 4:01PM EDT
Stock chart is not supported by your current browser
Previous Close95.58
Open95.27
Bid0.00 x 800
Ask0.00 x 800
Day's Range94.89 - 95.88
52 Week Range64.96 - 96.15
Volume835,814
Avg. Volume1,792,857
Market Cap72.957B
Beta-1.11
PE Ratio (TTM)N/A
EPS (TTM)-4.16
Earnings DateSep 5, 2018 - Sep 10, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est105.50
Trade prices are not sourced from all markets
  • Investopedia2 days ago

    Carl Icahn Increased Position in Herbalife, Entered Cigna: 13F

    For billionaire investment titan Carl Icahn, the second quarter of the year was a busy one. According to a filing submitted to the SEC earlier this week, Icahn increased his stake in troubled nutrition company Herbalife Nutrition Ltd ( HLF) as well as his own namesake Icahn Enterprises LP ( IEP), per a report by Proactive Investors. While it's difficult to say whether or not any given position in the billionaire's portfolio could be the target of activist maneuvering, there are at least three major companies representing new positions in Icahn's portfolio during the second quarter of the year.

  • Bloomberg3 days ago

    Dell Likely Must Sweeten Dell Technologies Bid, Bernstein Says

    Dell will probably have to sweeten an offer to buy a tracking stock tied to VMware Inc. that is central to its plan to restore its public listing, Bernstein analyst Mark Moerdler said in note. Replacing the tracker, known to traders as DVMT, with its own shares is the pivotal step in Michael Dell’s plan to return to public markets. Analysts have noted that the market seems to disagree with Dell about the value of the equity being exchanged.

  • Investopedia4 days ago

    Billionaire Loeb's Third Point Trims Facebook Position, Exits Alphabet: 13F

    According to the most recent 13F for billionaire Dan Loeb's Third Point, the hedge fund has decreased its holdings from 40 to 38 while increasing its portfolio value from $13.32 billion to $14.35 billion in the last quarter. The 13F filing, submitted to the U.S. Securities and Exchange Commission ahead of the August 15th deadline, also indicates that Third Point's portfolio remains highly concentrated, with just three holdings accounting for about a third of the entire portfolio value.

  • VMware (VMW) to Buy Dell EMC's Suite to Boost NFV Segment
    Zacks4 days ago

    VMware (VMW) to Buy Dell EMC's Suite to Boost NFV Segment

    VMware (VMW) announces plan to acquire Dell's EMC Service Assurance Suite to expand NFV portfolio.

  • Could HP’s PC Shipments Rise in Fiscal Q3 2018?
    Market Realist5 days ago

    Could HP’s PC Shipments Rise in Fiscal Q3 2018?

    As you can see in the table below, market research firm IDC (International Data Corporation) has forecast that HP (HPQ) will ship 14.8 million PCs in the second quarter of 2018. The overall PC market returned to growth as shipments rose 2.4% and were the strongest since Q1 2012 when shipments rose 4.2% YoY (year-over-year). HP’s shipments have been projected to rise 7.6% YoY, easily beating the overall market growth.

  • Dell website to get smarter thanks to Austin AI startup CognitiveScale
    American City Business Journals5 days ago

    Dell website to get smarter thanks to Austin AI startup CognitiveScale

    Dell will be able to learn more about customers and tailor its marketing down to the individual level using software from Austin AI startup CognitiveScale.

  • Here’s the lesson Michael Dell can teach Elon Musk about taking a company private
    MarketWatch6 days ago

    Here’s the lesson Michael Dell can teach Elon Musk about taking a company private

    The case for taking Tesla private may seem compelling — but check the data first, writes Mark Hulbert.

  • Dell to sell 5G division to VMware as it seeks to go public
    American City Business Journals8 days ago

    Dell to sell 5G division to VMware as it seeks to go public

    As Dell prepares to return to public trading, it's selling one of its wireless technology divisions to a Silicon Valley-based company.

  • VMware to acquire Dell business unit aimed at 5G, touts ‘better together’ alliance
    American City Business Journals9 days ago

    VMware to acquire Dell business unit aimed at 5G, touts ‘better together’ alliance

    VMware is bulking up its communications cloud platform with the acquisition of the technology and team behind Dell EMC's Service Assurance Suite.

  • A Look at NetApp Stock’s Returns and Price Targets
    Market Realist9 days ago

    A Look at NetApp Stock’s Returns and Price Targets

    NetApp (NTAP) stock has returned 96% in the last 12 months, 7.3% in the last month, and 6.5% in the last three months. NetApp stock rose 36% in 2016 and almost 60% in 2017. Since the start of 2018, it’s risen just over 52%.

  • Market Realist10 days ago

    Where Does NetApp Stand in the Global Storage Market?

    According to market research company IDC, worldwide enterprise storage systems revenue rose 34.4% YoY (year-over-year) to $13 billion in the first quarter. Total capacity shipments rose 79% to 98.8 exabytes in the quarter.

  • Dell Still Has Some Explaining to Do on Its Deal Math
    Bloomberg10 days ago

    Dell Still Has Some Explaining to Do on Its Deal Math

    Dell Technologies Inc.’s deal debrief was supposed to provide some answers, but instead it’s only raised more questions. The computer giant this week detailed the deliberations behind its plan to buy out the DVMT tracking stock it created in 2016 to finance its takeover of data-storage company EMC Corp. Dell estimates its stock-and-cash bid is worth $109 per share, and that hasn't sat right with DVMT investors. For one, that represents a big discount to the VMware Inc. shares DVMT is meant to mimic.

  • Bloomberg11 days ago

    Michael Dell's Lesson for Elon Musk: Going Private Isn't a Cure-All

    Elon Musk seems to be taking a cue from Michael Dell in his desire to take Tesla Inc. private. The similarities are clear: Like Dell, Musk is the founder and chief executive officer of a struggling publicly traded company. In 2013, Michael Dell also retreated from those outside forces by taking his company private in a leveraged buyout, saying that he wanted greater freedom to make the decisions needed for a turnaround amid a shrinking personal-computer market.

  • Tesla Is ‘a Long Way From Dell,’ Says GSO Capital's Dwight Scott
    Bloomberg11 days ago

    Tesla Is ‘a Long Way From Dell,’ Says GSO Capital's Dwight Scott

    Dwight Scott’s firm knows a thing or two about leveraged buyouts. Whatever Tesla Inc. is working on wouldn’t be that, he says. The president of Blackstone Group LP’s credit arm said investors should take Elon Musk’s tweet about taking Tesla private seriously.

  • AMD’s Recent Product Launch Initiatives
    Market Realist12 days ago

    AMD’s Recent Product Launch Initiatives

    This year noted several product launches, initiatives, and partnerships toward higher segment growth for AMD (AMD).

  • Financial Times12 days ago

    [$$] Dell projects bullish outlook as it woos investors

    Dell Technologies released a rosy growth forecast late on Monday as the PC maker tries to convince investors to back a deal that would see Michael Dell’s company return to public markets four years after it went private. Dell said it decided to revise its outlook upwards following strong preliminary financial results for the first fiscal quarter of 2019, with net revenues up 17 per cent over the previous year and double-digit growth in its infrastructure unit and client solutions group.

  • Financial Times12 days ago

    [$$] Dell paints a bright post-private future

    It's been four years since Michael Dell's company went private. Now Dell Technologies is trying to convince investors to back a deal that would bring it back to public markets with a rosy growth forecast. The projections are meant to support Dell’s bullish valuation of its equity value — an important metric as it works to persuade holders of stock that tracks its stake in VMware, a software company, to swap their holdings for shares in the parent company itself.

  • Bloomberg13 days ago

    Dell Projects Revenue Boost in Pitch for Tracking-Stock Buyout

    Dell Technologies Inc. gave investors a deeper look into its financials as it steps up efforts to win support for a plan to take the company public. Dell expects its revenue to increase about 9.5 percent to $87.5 billion in fiscal 2019, according to a proxy statement filed Monday. Dell said its total earnings before interest, taxation, depreciation and amortization are expected to increase 18 percent to $9.7 billion, up from $8.2 billion.

  • Understanding How Intel and China Depend on Each Other
    Market Realist16 days ago

    Understanding How Intel and China Depend on Each Other

    Intel (INTC), the leading semiconductor manufacturer, is undergoing a transformation to become a leader in the data-centric, artificial intelligence, and autonomous revolution space. This transformation has been adequately reflected in the revenue growth of the company’s reportable business segments.

  • Dell Thinks It Knows What It’s Worth. Investors May Need More Convincing
    Bloomberg20 days ago

    Dell Thinks It Knows What It’s Worth. Investors May Need More Convincing

    Michael Dell thinks he knows what his namesake company is worth, and he isn’t budging. Dell’s management team spent much of the past month in initial meetings trying to win support from more than four dozen holders of a tracking stock as part of a plan to take Dell Technologies Inc. public, according to people familiar with the matter. While skepticism is mounting as to how Dell arrived at the offer price of $109-a-share in cash and Dell Class C stock that will be traded for the tracking stock, the company has no intention of sweetening the bid, the people said.

  • Dell's Buyout Math Doesn't Quite Compute
    Bloomberglast month

    Dell's Buyout Math Doesn't Quite Compute

    Dell Technologies Inc. seems to be taking a Donald Trump-like approach to determining its self-worth: bold statements, and not a lot of information to back them up. This month, the computer and software giant announced a complicated plan to re-enter the public market about five years after its buyout by founder Michael Dell and Silver Lake. Dell is saddled with a boatload of debt and a messy capital structure, making a traditional IPO difficult.

  • These 6 big tech players should win from growth at the Edge
    MarketWatchlast month

    These 6 big tech players should win from growth at the Edge

    Edge Computing is quickly becoming one of the hottest trends in the tech sector. Here’s who profits.

  • Dell is Going Public...Again
    Motley Foollast month

    Dell is Going Public...Again

    One of the largest "old" tech firms is coming to the public markets after five years in private hands.

  • Barrons.comlast month

    VMware COO Poonen: Still Happy Being Switzerland

    Sanjay Poonen, the chief operating officer of virtualization software pioneer VMware (VMW) was in town from the company’s Palo Alto, Calif., headquarters today, and was kind enough to stop by once again at Barron’s offices to discuss a number of themes, including last week’s deal by VMware corporate parent Dell to go public. Poonen was last in our office back in December, and it’s always a pleasure to chat with him about big tech trends, as well as progress at VMware. Dell’s deal sees the privately held operation swap its common stock for the publicly traded “DVMT” shares, which are a tracking stock representing Dell’s 81% stake in VMware.

  • The Wall Street Journallast month

    [$$] BlackRock, Other Big Investors Have Misgivings About Dell Offer

    Several major stockholders of an affiliate of Dell Technologies Inc. have misgivings about a bid to buy them out, potentially complicating the PC and data-storage giant’s plan to return to the public markets. Holders of at least 10% of DVMT shares, which track Dell’s controlling stake in VMware Inc., are disappointed with terms of the deal announced last week and may oppose it, according to people familiar with the matter. The holders include several teams at investing giant BlackRock Inc., as well as Farallon Capital Management LLC and Canyon Capital Advisors LLC. BlackRock is DVMT’s third-largest shareholder with a 4.8% stake, while Farallon and Canyon own about 3.5% and 1.5%, respectively, according to FactSet.