Insider Selling: Dell Technologies (NYSE:DELL) Director Sells 78,236 Shares of Stock

Dell Technologies Inc. (NYSE:DELL) Director Spv-2 L.P. Sl sold 78,236 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $422.98, for a total transaction of $33,092,263.28. Following the sale, the director owned 11,274 shares of the company’s stock, valued at $4,768,676.52. This trade represents a 87.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link.

Spv-2 L.P. Sl also recently made the following trade(s):

• On Tuesday, June 2nd, Spv-2 L.P. Sl sold 164,047 shares of Dell Technologies stock. The shares were sold at an average price of $438.91, for a total transaction of $72,001,868.77.
• On Tuesday, June 2nd, Spv-2 L.P. Sl sold 17,932 shares of Dell Technologies stock. The stock was sold at an average price of $458.12, for a total transaction of $8,215,007.84.
• On Monday, June 1st, Spv-2 L.P. Sl sold 78,339 shares of Dell Technologies stock. The stock was sold at an average price of $445.96, for a total transaction of $34,936,060.44.
• On Monday, June 1st, Spv-2 L.P. Sl sold 175,901 shares of Dell Technologies stock. The shares were sold at an average price of $457.99, for a total value of $80,560,898.99.

Dell Technologies Stock Performance

DELL traded down $26.33 during midday trading on Friday, reaching $395.72. 10,946,594 shares of the company were exchanged, compared to its average volume of 8,802,107. The company has a market cap of $255.53 billion, a price-to-earnings ratio of 31.43, a price-to-earnings-growth ratio of 1.24 and a beta of 1.30. Dell Technologies Inc. has a one year low of $109.17 and a one year high of $469.47. The company’s fifty day moving average price is $238.55 and its 200 day moving average price is $167.92.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. During the same quarter in the previous year, the firm earned $1.55 earnings per share. Dell Technologies’s quarterly revenue was up 87.5% on a year-over-year basis. 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. As a group, sell-side analysts anticipate that Dell Technologies Inc. will post 12.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on DELL shares. Truist Financial raised their price target on shares of Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a research report on Friday, May 29th. Argus increased their price objective on shares of Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Weiss Ratings raised shares of Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 15th. The Goldman Sachs Group boosted their target price on Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Bank of America increased their price target on Dell Technologies from $280.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $475.76.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Analysts and market commentators continue to raise expectations for Dell after its strong earnings beat, with several reports saying the company is benefiting from booming AI infrastructure spending. Article Title
• Positive Sentiment: Bernstein raised its price target on Dell to $500 and maintained an Outperform rating, reinforcing the view that Wall Street sees more upside after the company’s record AI quarter. Article Title
• Positive Sentiment: Dell’s partnership with Nvidia on new AI PCs, including the XPS 16 Creator Edition powered by RTX Spark, expands the AI growth story beyond servers into the PC market. Article Title
• Positive Sentiment: Multiple articles framed Dell as a major AI infrastructure winner, with investors betting the company can keep compounding growth as AI server orders and margins expand. Article Title

Hedge Funds Weigh In On Dell Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Commonwealth Retirement Investments LLC bought a new stake in Dell Technologies during the 4th quarter valued at $25,000. Rossby Financial LCC boosted its holdings in shares of Dell Technologies by 968.4% in the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after acquiring an additional 184 shares during the period. Portus Wealth Advisors LLC purchased a new position in shares of Dell Technologies in the first quarter valued at $35,000. Kemnay Advisory Services Inc. purchased a new position in shares of Dell Technologies in the fourth quarter valued at $29,000. Finally, Navalign LLC bought a new stake in shares of Dell Technologies during the 4th quarter valued at $29,000. Institutional investors own 76.37% of the company’s stock.

About Dell Technologies

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.