Dell Technologies (NYSE:DELL) Stock Price Down 3.6% – Here’s What Happened

Dell Technologies Inc. (NYSE:DELL)’s stock price traded down 3.6% during trading on Monday . The company traded as low as $381.05 and last traded at $381.9140. Approximately 4,694,488 shares traded hands during trading, a decline of 46% from the average session volume of 8,622,573 shares. The stock had previously closed at $396.34.

Key Dell Technologies News

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

• Positive Sentiment: Super Micro’s preliminary update pointed to booming demand for AI-powered servers, reinforcing the idea that Dell’s own AI server business may also benefit from strong industry demand. Dell, HP Enterprise Stocks Jump. How Super Micro Is Giving Them a Boost.
• Positive Sentiment: Wall Street commentary and media coverage highlighted Dell as a likely beneficiary of the AI hardware rebound, helping extend the stock’s rally alongside other server makers. Super Micro Jumps 13% on Record 60B Order Backlog; Dell, HPE Rally on AI Server Read-Through
• Positive Sentiment: Analyst commentary from Wedbush said Super Micro’s strong gross margins were encouraging for Nvidia, Dell, and other AI infrastructure names, suggesting the sector’s demand backdrop remains healthy. Super Micro’s strong gross margins highlight prelim results, positives for Nvidia, Dell: Wedbush
• Neutral Sentiment: Jim Cramer separately argued that Dell could be a “next winner” if Super Micro’s results are a reliable indicator, adding to bullish sentiment rather than changing fundamentals. QUICK SPARK: Jim Cramer Flags Dell as the Next Winner After SMCI Preliminary Results
• Neutral Sentiment: Brokerage-rating coverage also kept Dell in focus, with reports noting a consensus “Moderate Buy,” but there was no major new company-specific catalyst in that update. Dell Technologies Inc. (NYSE:DELL) Receives Consensus Rating of “Moderate Buy” from Brokerages
• Negative Sentiment: Dell had just experienced a sharp selloff earlier in the week, so some of today’s bounce may also reflect a rebound from oversold conditions rather than a fresh earnings announcement from Dell itself. Here’s Why Dell Technologies (DELL) Fell More Than Broader Market

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on DELL shares. Jefferies Financial Group cut Dell Technologies to a “hold” rating in a report on Monday, June 1st. Weiss Ratings raised shares of Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 15th. Roth Capital initiated coverage on shares of Dell Technologies in a report on Friday, May 29th. They issued a “buy” rating on the stock. Evercore restated an “outperform” rating on shares of Dell Technologies in a research report on Wednesday, July 8th. Finally, Royal Bank Of Canada initiated coverage on shares of Dell Technologies in a research note on Friday, May 29th. They issued an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and an average target price of $492.76.

Dell Technologies Trading Up 9.4%

The stock has a market capitalization of $286.63 billion, a price-to-earnings ratio of 35.11, a price-to-earnings-growth ratio of 0.82 and a beta of 1.31. The firm has a 50-day moving average of $378.67 and a 200 day moving average of $233.13.

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 firm had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm’s revenue was up 87.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.55 EPS. 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, research analysts forecast that Dell Technologies Inc. will post 17.77 EPS for the current year.

Dell Technologies Dividend Announcement

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

Insiders Place Their Bets

In other Dell Technologies news, Director Lake Group L.L.C. Silver sold 16,679 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $396.37, for a total transaction of $6,611,055.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The shares were 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 in the company, valued at approximately $19,938,071.94. The trade was a 44.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,434,758 shares of company stock worth $1,448,870,683 in the last quarter. Company insiders own 41.50% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

Large investors have recently modified their holdings of the stock. Campbell Capital Management Inc. lifted its stake in Dell Technologies by 34.0% in the fourth quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after buying an additional 20,362 shares during the last quarter. ProShare Advisors LLC increased its holdings in shares of Dell Technologies by 10.5% in the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after acquiring an additional 7,642 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in Dell Technologies in the 4th quarter valued at about $23,332,000. Tectonic Advisors LLC acquired a new position in Dell Technologies during the 4th quarter valued at about $5,620,000. Finally, U.S. Capital Wealth Advisors LLC grew its position in Dell Technologies by 31.5% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 25,209 shares of the technology company’s stock worth $3,173,000 after purchasing an additional 6,038 shares during the last quarter. 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.