Dell Reportedly Considers Reverse Merger with VMware

They noted that the move was a valuation call. Accern also gave headlines about the virtualization software provider an impact score of 45.5158268435208 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

According to sources "familiar with the matter", Dell is considering the possibility of selling themselves to VMware - a company they acquired in 2015 - in a landmark "reverse-merger". Currently, the stock has a 1 Year Price Target of $12.52. Also, there are 3 buy, 0 sell and 1 strong sell ratings, collectively assigning a 1.81 average brokerage recommendation.

The new target represents a almost 17% upside on Friday's closing price.

VMware, Inc. (VMW) ended its previous trading session at $150 with the Gain of 8.99%. The company has a quick ratio of 2.86, a current ratio of 2.86 and a debt-to-equity ratio of 0.51. The firm has a market cap of $55,440.00, a P/E ratio of 35.73, a PEG ratio of 3.45 and a beta of 0.67. Analysts reported that the Price Target for VMware, Inc. might touch $165 high while the Average Price Target and Low price Target is $134.07 and $102 respectively.

With that said, researchers took a deep dive into the hotly debated question: is it too late to buy VMware, Inc. The company reported the earnings of $1.34/Share in the last quarter where the estimated EPS by analysts was $1.27/share. The business had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.97 billion. VMware did not immediately return a request for comment.

This post originally appeared on Business Insider. 18 were sells. Insider ownership decreased by a total of 1.82 million shares, which suggests that VMW's key executives are feeling less optimistic about the outlook for the stock.

Investors, however, would likely see a larger return from an IPO since the process usually generates buzz for a company and initially results in a bump in share prices, Enderle said. VMware, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that COO, Customer Operations Poonen Sanjay has sold 10,000 shares of VMware, Inc. Also, Director Egon Durban sold 435,682 shares of the firm's stock in a transaction on Wednesday, November 1st.

The company's ATR (Average True Range) is 1.46. The disclosure for this sale can be found here. CIBC World Markets Inc. purchased a new stake in VMware during the 2nd quarter worth approximately $1,546,000.

While the technique is still widely used, VMware's growth prospects have been tempered as companies have moved more of their infrastructure from their own data centres to large cloud providers like Amazon and Microsoft. Enterprise Financial Services Corp raised its position in shares of VMware by 3,975.6% during the 3rd quarter. Schwab Charles Investment Management Inc. increased its holdings in VMware by 69.1% during the 2nd quarter. Argent Trust Co bought a new stake in shares of VMware during the 3rd quarter valued at $205,000. Institutional investors and hedge funds own 22.40% of the company's stock.