Nordea Investment Management Adds $561M in Dell Technologies Inc. ($DELL)
Key Points
- Nordea Investment Management changed its Dell Technologies Inc. ($DELL) stake by 180.1% last quarter, boosting to 2,172,566 shares worth $872.02 million.
- Wall Street's consensus rating on $DELL is Buy and an average price target of $483.83.
- $DELL last traded around $401.38.
Nordea Investment Management increased its position in Dell Technologies Inc. ($DELL) by 180.1% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,172,566 shares of Dell Technologies Inc. after buying 1,396,914 shares during the quarter. Nordea Investment Management's holdings in Dell Technologies Inc. were worth $872.02 million as of its most recent filing.
Dell Technologies Inc. ($DELL) Stock
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About Dell Technologies Inc.
Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG) segments. The ISG segment provides modern and traditional storage solutions, including all-flash, purpose-built, hyper-converged infrastructure, software-defined storage, and general-purpose and AI-optimized servers. This segment also offers networking products and services comprising wide area network infrastructure, data center and edge networking switches, and cables and optics that help its business customers to transform and modernize their infrastructure and complementing its server and storage solutions; and software, peripherals, and services, including consulting and support, and deployment. The CSG segment provides notebooks, desktops, and workstations and branded peripherals that include displays, docking stations, keyboards, mice, webcam and audio devices, and third-party software and peripherals; and configuration, and extended warranties services. The company is involved in originating, collecting, and servicing customer financing arrangements and offers payment and consumption solutions and services, such utility, subscription, as-a-service, leases, and loans, as well as fixed-term leases and loans. It serves enterprises, governmental agencies and other public institutions, educational institutions, healthcare organizations, small and medium-sized businesses, and consumers. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in March 2013. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.
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