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Dell Technologies CEO sells 10M class C shares
Dell Technologies CEO sells 10M class C shares

Business Insider

time11 hours ago

  • Business
  • Business Insider

Dell Technologies CEO sells 10M class C shares

In a regulatory filing, Dell Technologies (DELL) CEO Michael Dell disclosed the sale of 10M class C common shares of the company on June 26 at a price of $122.27 per share. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Billionaire Michael Dell Reaps $1.2 Billion From Stock Sale
Billionaire Michael Dell Reaps $1.2 Billion From Stock Sale

Bloomberg

time16 hours ago

  • Business
  • Bloomberg

Billionaire Michael Dell Reaps $1.2 Billion From Stock Sale

Dell Technologies Inc. Chief Executive Officer Michael Dell sold $1.2 billion worth of shares in his namesake computer company, reducing his stake by about 3%, according to a Friday filing. Dell, 60, is the 12th-richest person in the world with a fortune of $135.4 billion, according to the Bloomberg Billionaires Index. Even after the sale, in which he offloaded 10 million shares, he still owns a stake in the computing giant worth nearly $39 billion.

1 Profitable Stock Worth Investigating and 2 to Avoid
1 Profitable Stock Worth Investigating and 2 to Avoid

Yahoo

timea day ago

  • Business
  • Yahoo

1 Profitable Stock Worth Investigating and 2 to Avoid

A company with profits isn't always a great investment. Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential. A business making money today isn't necessarily a winner, which is why we analyze companies across multiple dimensions at StockStory. Keeping that in mind, here is one profitable company that generates reliable profits without sacrificing growth and two that may struggle to keep up. Trailing 12-Month GAAP Operating Margin: 6.7% Founded by Michael Dell in his University of Texas dorm room in 1984 with just $1,000, Dell Technologies (NYSE:DELL) provides hardware, software, and services that help organizations build their IT infrastructure, manage cloud environments, and enable digital transformation. Why Are We Wary of DELL? Sales were flat over the last two years, indicating it's failed to expand this cycle Customers were hesitant to make long-term commitments to its offerings as its 5% average ARR growth over the past two years was sluggish Free cash flow margin shrank by 9.9 percentage points over the last five years, suggesting the company is consuming more capital to stay competitive Dell's stock price of $125.50 implies a valuation ratio of 13x forward P/E. Dive into our free research report to see why there are better opportunities than DELL. Trailing 12-Month GAAP Operating Margin: 13.8% With over five decades of experience in surgical innovation since its founding in 1970, CONMED (NYSE:CNMD) develops and manufactures medical devices and equipment for surgical procedures, specializing in orthopedic and general surgery products. Why Do We Think Twice About CNMD? Annual revenue growth of 6.7% over the last five years was below our standards for the healthcare sector Subscale operations are evident in its revenue base of $1.32 billion, meaning it has fewer distribution channels than its larger rivals ROIC of 5% reflects management's challenges in identifying attractive investment opportunities CONMED is trading at $52.34 per share, or 11.7x forward P/E. Check out our free in-depth research report to learn more about why CNMD doesn't pass our bar. Trailing 12-Month GAAP Operating Margin: 4.8% Starting from a single Washington, D.C. location, CAVA (NYSE:CAVA) operates a fast-casual restaurant chain offering customizable Mediterranean-inspired dishes. Why Does CAVA Catch Our Eye? Rapid rollout of new restaurants to capitalize on market opportunities makes sense given its strong same-store sales performance Average same-store sales growth of 13.8% over the past two years indicates its restaurants are resonating with diners Free cash flow margin jumped by 7.9 percentage points over the last year, giving the company more resources to pursue growth initiatives, repurchase shares, or pay dividends At $78.00 per share, CAVA trades at 127.4x forward P/E. Is now a good time to buy? Find out in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Six Five Media to Kick Off 2025 "Six Five Summit: AI Unleashed" Aiming to Explore the Future of Artificial Intelligence
Six Five Media to Kick Off 2025 "Six Five Summit: AI Unleashed" Aiming to Explore the Future of Artificial Intelligence

Yahoo

time11-06-2025

  • Business
  • Yahoo

Six Five Media to Kick Off 2025 "Six Five Summit: AI Unleashed" Aiming to Explore the Future of Artificial Intelligence

Six Five co-founders & Chief Analysts Patrick Moorhead and Daniel Newman to introduce event opener, Michael Dell, Founder, Chairman, and CEO at Dell Technologies AI Unleashed 2025 Six Five Summit 2025 Austin, Texas, June 11, 2025 (GLOBE NEWSWIRE) -- The Six Five Summit: AI Unleashed 2025 will feature executives from 30+ companies leading the future of AI innovation and adoption Analysts from Moor Insights & Strategy and The Futurum Group host powerful sessions with industry leaders Six Five Media has released the complete agenda for its annual Six Five Summit, set to take place virtually from June 16-19, 2025. This year's summit, themed "AI Unleashed 2025," will unpack the transformative power of artificial intelligence and its impact across various industries. To view the full agenda and register, please visit Six Five Summit: AI Unleashed will deliver four days of exclusive, on-demand content, featuring insights from the industry's most influential voices at the center of AI, tech, and their markets. Attendees will gain access to fresh video sessions and interactive thought leadership from top tech executives, with new content released year's agenda will include sessions exploring the intersection of AI with 14 different track topics: Automotive DevOps Cloud Infrastructure Enterprise AI Intelligent Edge Enterprise Applications Collaboration Modern Work Cybersecurity Semiconductors Sustainability Data & Observability Quantum Computing As the AI landscape continues to expand exponentially, this year's program will introduce a new track focusing on Channel Ecosystems & addition to the event's opening keynote speaker, Michael Dell, Founder, Chairman, and CEO at Dell Technologies, leaders from the following companies will share valuable information relating to AI and its intersection with trends like Agentic AI, Co-Pilots, Frontier Models, and SLMs:About The Six Five SummitThe Six Five Summit is an annual, digital event hosted by Six Five Media, bringing together the leading voices in technology to discuss the most important trends and innovations transforming industries and markets. The summit provides a platform for in-depth analysis, thought leadership, and networking, with top tech CEO's and C-suite executives paired with insights and commentary from top analysts, pundits, and strategists in the industry, delivered directly to attendees' Six Five Media Six Five Media is a global technology media, and events company. They provide industry-leading B2B technology analysis and produce high-profile thought leadership content from the top voices in tech. Attachments AI Unleashed 2025 Six Five Summit 2025 CONTACT: Mike Rubin Six Five Media (833) 722-5337 info@

Six Five Media to Kick Off 2025 "Six Five Summit: AI Unleashed" Aiming to Explore the Future of Artificial Intelligence
Six Five Media to Kick Off 2025 "Six Five Summit: AI Unleashed" Aiming to Explore the Future of Artificial Intelligence

Yahoo

time11-06-2025

  • Business
  • Yahoo

Six Five Media to Kick Off 2025 "Six Five Summit: AI Unleashed" Aiming to Explore the Future of Artificial Intelligence

Six Five co-founders & Chief Analysts Patrick Moorhead and Daniel Newman to introduce event opener, Michael Dell, Founder, Chairman, and CEO at Dell Technologies AI Unleashed 2025 Six Five Summit 2025 Austin, Texas, June 11, 2025 (GLOBE NEWSWIRE) -- The Six Five Summit: AI Unleashed 2025 will feature executives from 30+ companies leading the future of AI innovation and adoption Analysts from Moor Insights & Strategy and The Futurum Group host powerful sessions with industry leaders Six Five Media has released the complete agenda for its annual Six Five Summit, set to take place virtually from June 16-19, 2025. This year's summit, themed "AI Unleashed 2025," will unpack the transformative power of artificial intelligence and its impact across various industries. To view the full agenda and register, please visit Six Five Summit: AI Unleashed will deliver four days of exclusive, on-demand content, featuring insights from the industry's most influential voices at the center of AI, tech, and their markets. Attendees will gain access to fresh video sessions and interactive thought leadership from top tech executives, with new content released year's agenda will include sessions exploring the intersection of AI with 14 different track topics: Automotive DevOps Cloud Infrastructure Enterprise AI Intelligent Edge Enterprise Applications Collaboration Modern Work Cybersecurity Semiconductors Sustainability Data & Observability Quantum Computing As the AI landscape continues to expand exponentially, this year's program will introduce a new track focusing on Channel Ecosystems & addition to the event's opening keynote speaker, Michael Dell, Founder, Chairman, and CEO at Dell Technologies, leaders from the following companies will share valuable information relating to AI and its intersection with trends like Agentic AI, Co-Pilots, Frontier Models, and SLMs:About The Six Five SummitThe Six Five Summit is an annual, digital event hosted by Six Five Media, bringing together the leading voices in technology to discuss the most important trends and innovations transforming industries and markets. The summit provides a platform for in-depth analysis, thought leadership, and networking, with top tech CEO's and C-suite executives paired with insights and commentary from top analysts, pundits, and strategists in the industry, delivered directly to attendees' Six Five Media Six Five Media is a global technology media, and events company. They provide industry-leading B2B technology analysis and produce high-profile thought leadership content from the top voices in tech. Attachments AI Unleashed 2025 Six Five Summit 2025 CONTACT: Mike Rubin Six Five Media (833) 722-5337 info@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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