Bank Hapoalim BM Reduces Stake in Dell Technologies Inc. $DELL

Bank Hapoalim BM reduced its position in Dell Technologies Inc. (NYSE:DELL) by 8.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,510 shares of the technology company’s stock after selling 1,365 shares during the period. Bank Hapoalim BM’s holdings in Dell Technologies were worth $1,827,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Campbell Capital Management Inc. increased its position in Dell Technologies by 34.0% during the fourth quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock worth $10,094,000 after buying an additional 20,362 shares in the last quarter. ProShare Advisors LLC increased its position in Dell Technologies by 10.5% during the fourth quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after buying an additional 7,642 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in Dell Technologies during the fourth quarter worth $23,332,000. Tectonic Advisors LLC purchased a new position in Dell Technologies during the fourth quarter worth $5,620,000. Finally, Nordea Investment Management AB increased its position in Dell Technologies by 437.4% during the fourth quarter. Nordea Investment Management AB now owns 775,652 shares of the technology company’s stock worth $98,578,000 after buying an additional 631,315 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Trading Down 1.2%

Shares of Dell Technologies stock opened at $404.07 on Wednesday. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $469.47. The stock has a market capitalization of $260.93 billion, a P/E ratio of 32.09, a PEG ratio of 0.88 and a beta of 1.30. The business’s fifty day moving average price is $273.91 and its 200 day moving average price is $183.09.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. The company had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm’s quarterly revenue was up 87.5% on a year-over-year basis. During the same quarter in the previous year, the firm 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. As a group, sell-side analysts predict that Dell Technologies Inc. will post 17.6 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on DELL. The Goldman Sachs Group raised their price target on Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Royal Bank Of Canada began coverage on Dell Technologies in a research report on Friday, May 29th. They set an “outperform” rating for the company. Morgan Stanley raised Dell Technologies from an “underweight” rating to a “buy” rating in a research report on Friday, May 22nd. Susquehanna set a $289.00 price target on Dell Technologies and gave the stock a “neutral” rating in a research report on Friday, May 29th. Finally, Guggenheim raised Dell Technologies to a “buy” rating in a research report on Monday, June 1st. One 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.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $475.76.

Insider Buying and Selling

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 459,999 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $162.25, for a total transaction of $74,634,837.75. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Spv-2 L.P. Sl sold 175,901 shares of Dell Technologies stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $80,560,898.99. Following the sale, the director directly owned 36,659 shares in the company, valued at approximately $16,789,455.41. The trade was a 82.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 4,907,857 shares of company stock worth $1,556,603,326. Company insiders own 41.50% of the company’s stock.

Dell Technologies News Summary

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

• Positive Sentiment: Dell Federal Systems won a $1.44 billion U.S. Air Force contract, adding to the company’s growing government business and reinforcing demand for its enterprise infrastructure offerings. Dell Wins $1.44B Microsoft License Deal
• Positive Sentiment: Several bullish articles highlighted Dell’s AI server momentum, including reports that AI server revenue has surged and that the market may still be underestimating Dell’s AI opportunity. Dell’s Momentum Score Jumps As AI Server Revenue Surges Over 750% Amid Data Center Demand The Dell Story Is No Longer Just About PCs. Here’s Why the Stock Still Looks Undervalued.
• Positive Sentiment: Analyst commentary remained constructive, with a report saying Dell looks cheap relative to higher forecast revisions and another noting Wall Street recommendations still average to a Buy. Dell Stock Looks Cheap Here With Higher Analyst Forecasts – Short Put Plays Are Attractive Wall Street Analysts Think Dell Technologies (DELL) Is a Good Investment: Is It?
• Positive Sentiment: Dell also continues to benefit from broad investor interest after strong earnings and a narrative that its AI backlog keeps building, which supports the stock’s longer-term growth case. DELL Stock Pulled Back. The AI Backlog Keeps Building
• Neutral Sentiment: Dell completed a $3 billion senior notes offering, which may support liquidity and capital structure flexibility, but it also increases leverage and is not clearly a direct near-term catalyst. Dell Technologies Completes $3 Billion Senior Notes Offering
• Negative Sentiment: Multiple Dell insiders and Silver Lake-related directors sold shares recently, which can weigh on sentiment even if the sales were preplanned or routine. SEC filing: David W. Dorman sale
• Negative Sentiment: One industry report warned that memory shortages are disrupting server supply chains, a possible headwind for Dell’s server shipments and margins. Dell, HPE server supply upended by memory crunch

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.