Dell Technologies (NYSE:DELL) Director Sells $15,814,486.26 in Stock

Dell Technologies Inc. (NYSE:DELL) Director Silver Lake Partners De (Aiv sold 34,869 shares of the stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $15,814,486.26. Following the completion of the transaction, the director directly owned 43,961 shares of the company’s stock, valued at approximately $19,938,071.94. The trade was a 44.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Dell Technologies Stock Down 9.9%

DELL stock opened at $412.17 on Thursday. The company has a market capitalization of $267.13 billion, a P/E ratio of 32.74, a PEG ratio of 0.98 and a beta of 1.31. The company has a 50-day simple moving average of $366.72 and a 200 day simple moving average of $225.64. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $469.47.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data 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 net margin of 6.28% and a negative return on equity of 366.90%. The business had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. During the same period last year, the firm posted $1.55 earnings per share. The business’s 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. Equities analysts anticipate that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, July 21st. Dell Technologies’s payout ratio is currently 20.02%.

Institutional Investors Weigh In On Dell Technologies

Several hedge funds have recently made changes to their positions in the company. Accel Wealth Management lifted its position in Dell Technologies by 2.8% during the 2nd quarter. Accel Wealth Management now owns 1,421 shares of the technology company’s stock worth $613,000 after acquiring an additional 39 shares during the last quarter. Ariadne Wealth Management LP grew its holdings in Dell Technologies by 1.6% in the 1st quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company’s stock valued at $508,000 after buying an additional 49 shares during the last quarter. Bell Investment Advisors Inc grew its stake in shares of Dell Technologies by 19.3% in the first quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock worth $53,000 after acquiring an additional 52 shares during the last quarter. Vectors Research Management LLC lifted its stake in shares of Dell Technologies by 0.4% in the first quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company’s stock valued at $2,404,000 after buying an additional 55 shares during the period. Finally, Raleigh Capital Management Inc. lifted its position in shares of Dell Technologies by 6.9% in the 1st quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company’s stock worth $171,000 after acquiring an additional 67 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

More Dell Technologies News

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

• Negative Sentiment: AI hardware stocks sold off broadly, with commentary pointing to fears that the memory cycle may be peaking and that demand expectations for AI infrastructure may be too optimistic after a big run-up. TipRanks article on Dell stock tanks 14%
• Negative Sentiment: Reports also highlighted AI infrastructure overcapacity concerns, suggesting traders are reassessing whether Dell’s AI server growth story has already been fully priced in. Blockonomi article on AI infrastructure overcapacity concerns
• Negative Sentiment: Heavy insider selling added to the weak sentiment, including a recent disclosure that a Silver Lake-related director sold 34,869 shares, reinforcing profit-taking concerns after Dell’s powerful rally. SEC filing for Dell insider sale
• Negative Sentiment: Market coverage noted that Dell’s decline was larger than the broader market’s move, signaling that investors are rotating out of the name after a steep year-to-date advance. Zacks article on Dell bigger fall than the market

Analyst Ratings Changes

A number of equities research analysts have weighed in on DELL shares. Sanford C. Bernstein upped their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Citic Securities lifted their price objective on shares of Dell Technologies from $160.00 to $505.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. Wells Fargo & Company boosted their target price on shares of Dell Technologies from $270.00 to $505.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. Mizuho raised their target price on shares of Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. Finally, HSBC upgraded shares of Dell Technologies to a “buy” rating in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and an average price target of $492.76.

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.