Shares of Dell Technologies (NYSE:DELL) have gained nearly 229% over the past year. This stellar increase in its stock price is driven by substantial opportunities in the artificial intelligence (AI) space. As Dell is poised to benefit from the solid demand for its AI-optimized servers, it’s the right time to delve into its ownership structure.
Now, according to TipRanks’ ownership page, public companies and individual investors own 52.91% of DELL. They are followed by insiders, mutual funds, and other institutional investors at 19.38%, 19%, and 8.72%, respectively.
Digging Deeper into DELL’s Ownership Structure
Looking closely at institutions (Mutual Funds and Other Institutional Investors), Vanguard owns a 5.24% stake in DELL stock. Next up is Vanguard Index Funds, which holds a 4.63% stake in the company.
Among the institutions, the Hedge Fund Confidence Signal is Very Negative on Dell stock based on the activity of 17 hedge funds. Hedge funds decreased their DELL holdings by 11.2M shares in the last quarter.
Meanwhile, individual investors have a Vey Positive view of the company, given that in the last 30 days, the number of portfolios (tracked by TipRanks) holding DELL stock increased by 16.1%. Overall, among the 726,008 portfolios monitored by TipRanks, 0.4% have invested in Dell Technologies stock.
Is DELL Stock a Good Buy Now?
Wall Street analysts are optimistic about Dell stock. It has 12 Buys, one Hold, and one Sell recommendations, translating into a Strong Buy consensus rating. However, due to the significant rally, the average DELL stock price target of $117.46 implies about 11.5% downside potential from current levels.
Conclusion
TipRanks’ Ownership tool provides DELL ownership structure by category, enabling investors to make well-informed investing decisions.
For a thorough assessment of Dell stock, go to TipRanks’ Stock Analysis page.
