13GD Report: Learn Why Dell Technologies Inc Just Purchased Vmware, Inc Stake?

13GD Report: Learn Why Dell Technologies Inc Just Purchased Vmware, Inc Stake?

The New Dell Technologies Inc Holding in Vmware, Inc

Dell Technologies Inc filed with the SEC SC 13D/A form for Vmware, Inc. The form can be accessed here: 000119312516762291. As reported in Dell Technologies Inc’s form, the filler as of late owns 83.3% or 343,025,308 shares of the Information Technology–company.

Vmware, Inc stake is a new one for the and it was filed because of activity on November7, 2016. We feel this shows Dell Technologies Inc’s positive view for the stock.

Vmware, Inc Institutional Sentiment

Latest Security and Exchange filings show 344 investors own Vmware, Inc. The institutional ownership in Q3 2015 is very high, at 49.97% of the outstanding shares. This is decreased by 6897707 the total institutional shares. 62852245 were the shares owned by these institutional investors. In total 55 funds opened new Vmware, Inc stakes, 113 increased stakes. There were 56 that closed positions and 122 reduced them.

3 managers had the stock in their top Ten. Notable investors are: Cisco Systems Inc., Hbk Investments L P, Anandar Capital Management Lp, Harber Asset Management Llc, Nine Chapters Capital Management Llc, Bluefin Trading Llc, Gmt Capital Corp..

Bender Robert & Associates is an institutional investor bullish on Vmware, Inc, owning 55449 shares as of Q3 2015 for 2.96% of its portfolio. Oaktop Capital Management Ii Lp owns 92500 shares or 1.64% of its portfolio. CA Avalon Global Asset Management Llc have 4.34% of their stock portfolio for 76300 shares. Further, Spark Investment Management Llc reported stake worth 0.77% of its US stock portfolio. The CA Cisco Systems Inc owns 5325000 shares. Vmware, Inc is 99.34% of the manager’s US portfolio.

Business Profile

VMware, Inc. is a provider of virtualization infrastructure solutions and cloud infrastructure solutions. The Company develops and markets its product and service offerings within three product groups, which include software-defined data center (SDDC), hybrid cloud computing and end-user computing (EUC). Its compute virtualization includes offerings that allow organizations to manage Information technology (IT) resources across private clouds and complex multi-cloud, and multi-device environments. Its SDDC is designed to transform the data center into an on-demand service. Its cloud strategy has three components, which include continue to expand beyond compute virtualization in the private cloud, extend the private cloud into the public cloud, and connect and secure endpoints across a range of public clouds. Its End-User Computing portfolio enables IT organizations to deliver secure access to applications, data and devices for their end users.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment increased to 1.07 in Q2 2016. Its up 0.04, from 1.03 in 2016Q1. The ratio improved, as 47 funds sold all VMware, Inc. shares owned while 105 reduced positions. 57 funds bought stakes while 105 increased positions. They now own 90.43 million shares or 5.40% more from 85.80 million shares in 2016Q1.

Next Fincl, a Texas-based fund reported 100 shares. Mizuho And Banking last reported 127,867 shares in the company. Bridgewater Assocs Limited Partnership holds 0.1% of its portfolio in VMware, Inc. (NYSE:VMW) for 141,162 shares. Riggs Asset Managment Incorporated holds 0.01% of its portfolio in VMware, Inc. (NYSE:VMW) for 200 shares. Bender Robert & has invested 1.89% of its portfolio in VMware, Inc. (NYSE:VMW). Renaissance Techs Limited Liability holds 0.24% of its portfolio in VMware, Inc. (NYSE:VMW) for 2.25M shares. Capwealth Advsrs Limited, a Tennessee-based fund reported 1,150 shares. Daiwa Secs Gp Incorporated accumulated 0% or 2,100 shares. Point72 Asia (Hong Kong), a Hong Kong-based fund reported 17,830 shares. Hl Fincl Service Limited Com accumulated 6,536 shares or 0.01% of the stock. Reliance Of Delaware holds 0.08% of its portfolio in VMware, Inc. (NYSE:VMW) for 19,228 shares. Finemark Commercial Bank Trust reported 100 shares or 0% of all its holdings. Commerzbank Aktiengesellschaft Fi last reported 3,825 shares in the company. Tokio Marine Asset Mngmt Ltd accumulated 0.02% or 3,779 shares. Blackrock Inc has 95,569 shares for 0.01% of their US portfolio.

Insider Transactions: Since May 17, 2016, the stock had 0 buys, and 5 insider sales for $1.37 million net activity. Smith S. Dawn sold $71,897 worth of stock. $330,440 worth of VMware, Inc. (NYSE:VMW) was sold by POONEN SANJAY on Tuesday, May 31. Krysler P. Kevan sold $505,931 worth of VMware, Inc. (NYSE:VMW) on Wednesday, July 27.

The stock increased 1.43% or $1.1 during the last trading session, hitting $77.89. VMware, Inc. (NYSE:VMW) has risen 51.46% since April 5, 2016 and is uptrending. It has outperformed by 49.50% the S&P500.

VMware, Inc. is a provider of virtualization infrastructure solutions and cloud infrastructure solutions. The company has a market cap of $33.18 billion. The Firm develops and markets its product and service offerings within three product groups, which include software-defined data center , hybrid cloud computing and end-user computing (EUC). It has a 31.33 P/E ratio. The Company’s compute virtualization includes offerings that allow organizations to manage Information technology (IT) resources across private clouds and complex multi-cloud, and multi-device environments.

VMware, Inc. (NYSE:VMW) Ratings Coverage

Out of 35 analysts covering VMware Inc (NYSE:VMW), 12 rate it a “Buy”, 0 “Sell”, while 23 “Hold”. This means 34% are positive. $105 is the highest target while $50 is the lowest. The $75.67 average target is -2.85% below today’s ($77.89) stock price. VMware Inc has been the topic of 73 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Zacks downgraded the shares of VMW in a report on Friday, September 4 to “Hold” rating. The rating was maintained by Deutsche Bank with “Hold” on Friday, October 14. The rating was upgraded by Summit Redstone Partners to “Buy” on Tuesday, November 1. As per Thursday, October 27, the company rating was upgraded by Citigroup. The rating was maintained by FBR Capital on Wednesday, January 27 with “Mkt Perform”. Susquehanna downgraded VMware, Inc. (NYSE:VMW) on Wednesday, October 21 to “Neutral” rating. The rating was upgraded by Drexel Hamilton to “Buy” on Tuesday, October 27. The stock of VMware, Inc. (NYSE:VMW) has “Market Perform” rating given on Thursday, October 27 by BMO Capital Markets. The stock of VMware, Inc. (NYSE:VMW) earned “Outperform” rating by Oppenheimer on Monday, October 31. Mizuho maintained the shares of VMW in a report on Thursday, September 1 with “Neutral” rating.

More important recent VMware, Inc. (NYSE:VMW) news were published by: Seekingalpha.com which released: “VMware Partnerships Driving Demand” on November 07, 2016, also Profitconfidential.com published article titled: “VMware, Inc.: A Major Price Shock in VMW Stock Is Expected”, Investorplace.com published: “VMWare, Inc. (VMW) and Amazon.com, Inc. (AMZN) Herald the Death of Old Data …” on October 14, 2016. More interesting news about VMware, Inc. (NYSE:VMW) was released by: Schaeffersresearch.com and their article: “Analyst Upgrades: Groupon Inc, VMware, Inc., and Western Digital Corp” with publication date: October 27, 2016.

According to Zacks Investment Research, “VMware provides virtualization solutions from the desktop to the data center. Their solutions enable organizations to aggregate multiple servers, storage infrastructure and networks together into shared pools of capacity that can be allocated dynamically, securely and reliably to applications as needed, increasing hardware utilization and reducing spending. They have expanded their offering with virtual infrastructure automation and management products to address distributed and heterogeneous infrastructure challenges such as system recoverability and reliability, backup and recovery, resource provisioning and management, capacity and performance management and desktop security. They derive a significant majority of their revenues from their indirect sales channel that include distributors, resellers, x86 system vendors and systems integrators.”

VMW Company Profile

VMware, Inc., incorporated on February 10, 1998, is a well-known provider of virtualization infrastructure solutions and cloud infrastructure solutions. The Firm develops and markets its product and service offerings within three product groups, which include software-defined data center (SDDC), hybrid cloud computing and end-user computing (EUC). The Company’s compute virtualization includes offerings that allow organizations to manage Information technology (IT) resources across private clouds and complex multi-cloud, and multi-device environments.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment