Dell Technologies Inc. $DELL Shares Sold by Forsta AP Fonden

Forsta AP Fonden reduced its holdings in Dell Technologies Inc. (NYSE:DELL) by 1.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 67,900 shares of the technology company’s stock after selling 1,300 shares during the quarter. Forsta AP Fonden’s holdings in Dell Technologies were worth $8,547,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Navalign LLC acquired a new stake in shares of Dell Technologies in the 4th quarter valued at approximately $29,000. WealthCollab LLC increased its stake in Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after purchasing an additional 114 shares in the last quarter. iA Global Asset Management Inc. purchased a new position in Dell Technologies in the 4th quarter valued at approximately $32,000. State of Wyoming purchased a new position in Dell Technologies in the 2nd quarter valued at approximately $33,000. Finally, Smithfield Trust Co increased its stake in Dell Technologies by 92.9% in the 4th quarter. Smithfield Trust Co now owns 328 shares of the technology company’s stock valued at $41,000 after purchasing an additional 158 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on DELL. Piper Sandler raised their price objective on Dell Technologies from $167.00 to $497.00 and gave the company an “overweight” rating in a research note on Friday. CLSA raised Dell Technologies to an “outperform” rating in a research note on Friday. Roth Mkm began coverage on Dell Technologies in a research note on Friday. They issued a “buy” rating for the company. Barclays downgraded Dell Technologies from an “overweight” rating to a “reduce” rating in a research note on Friday. Finally, Bank of America raised their price objective on Dell Technologies from $280.00 to $500.00 and gave the company a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Dell Technologies has an average rating of “Moderate Buy” and a consensus target price of $421.00.

Dell Technologies Stock Performance

Dell Technologies stock opened at $420.96 on Monday. The stock has a fifty day moving average of $216.82 and a two-hundred day moving average of $159.50. The company has a market capitalization of $271.83 billion, a price-to-earnings ratio of 33.44, a PEG ratio of 1.55 and a beta of 1.30. Dell Technologies Inc. has a fifty-two week low of $106.38 and a fifty-two week high of $429.15.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping the consensus estimate of $2.96 by $1.90. The company had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.Dell Technologies’s revenue was up 87.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.55 earnings per share. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. On average, analysts forecast that Dell Technologies Inc. will post 12.21 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Richard Troy Sharp sold 1,538 shares of Dell Technologies stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $149.26, for a total value of $229,561.88. Following the completion of the sale, the chief accounting officer owned 8,030 shares of the company’s stock, valued at $1,198,557.80. The trade was a 16.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Jeffrey W. Clarke sold 116,000 shares of Dell Technologies stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $182.48, for a total value of $21,167,680.00. Following the completion of the sale, the chief operating officer directly owned 1,687,414 shares of the company’s stock, valued at approximately $307,919,306.72. This represents a 6.43% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 3,071,687 shares of company stock valued at $501,560,818. 41.50% of the stock is currently owned by company insiders.

Dell Technologies News Roundup

Here are the key news stories impacting Dell Technologies this week:

• Positive Sentiment: Dell reported revenue of $43.8 billion, up 88% year over year, and EPS of $4.86, far above Wall Street expectations, signaling a major earnings beat. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: AI server demand was the main catalyst: Dell said AI-optimized server revenue jumped 757% to $16.1 billion, with $24.4 billion of AI orders and a record backlog, showing demand remains very strong. Reuters: Dell raises annual forecasts as AI data center buildout fuels demand
• Positive Sentiment: Management raised full-year guidance to $165 billion-$169 billion in revenue and lifted AI-server revenue expectations, which suggests the growth surge may continue into the next quarters. WSJ: Dell Raises Fiscal Year Outlook After Sales Soar 88%
• Positive Sentiment: Analysts turned more bullish after the report, with multiple firms raising price targets sharply, which can add momentum to the stock. Benzinga: Dell’s AI-Fueled Surge May Be Far From Over
• Neutral Sentiment: The Pentagon contract is strategically important and supports Dell’s enterprise/software relationships, but investors appear to be focusing more on the AI-server earnings beat than the contract itself. CNBC: Dell wins a $9.7 billion Pentagon software deal

Dell Technologies Company Profile

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.