Insiders Are Selling These 5 Stocks in 2024

3. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Investors: 56

Dell Technologies Inc. (NYSE:DELL) CEO Michael Dell on March 6 sold 2,040,879 Dell Technologies Inc. (NYSE:DELL) shares at $120.55 per share. Since then through March 17 the stock has lost about 10% in value. Earlier this month Dell Technologies Inc. (NYSE:DELL) increased its quarterly dividend by 20.3%. Morgan Recently named Dell among the stock it’s bullish on at its annual tech, media and telecom conference. Morgan Stanley has a $120.5 price target on the stock.

As of the end of the fourth quarter of 2023, 56 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in Dell Technologies Inc. (NYSE:DELL). The biggest hedge fund stakeholder of Dell Technologies Inc. (NYSE:DELL) during this period was