Dell Technologies (NYSE:DELL) Trading Down 3.3% on Insider Selling

Dell Technologies Inc. (NYSE:DELL) shares were down 3.3% during trading on Wednesday after an insider sold shares in the company. The stock traded as low as $407.00 and last traded at $421.0330. Approximately 13,986,557 shares changed hands during trading, an increase of 60% from the average daily volume of 8,745,562 shares. The stock had previously closed at $435.31.

Specifically, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $86,928,791.95. Following the transaction, the director directly owned 24,287 shares of the company’s stock, valued at approximately $11,123,203.13. The trade was a 88.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Silver Lake Partners V. De (Aiv sold 35,453 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $445.96, for a total value of $15,810,619.88. Following the completion of the transaction, the director owned 126,193 shares of the company’s stock, valued at $56,277,030.28. The trade was a 21.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In other news, Director Silver Lake Partners V. De (Aiv sold 79,602 shares of Dell Technologies stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $457.99, for a total transaction of $36,456,919.98. Following the sale, the director owned 46,592 shares in the company, valued at $21,338,670.08. This trade represents a 63.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on DELL shares. Royal Bank Of Canada began coverage on shares of Dell Technologies in a research note on Friday, May 29th. They set an “outperform” rating for the company. CLSA upgraded shares of Dell Technologies to an “outperform” rating in a report on Friday, May 29th. Wall Street Zen raised shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. TD Cowen raised their price objective on Dell Technologies from $150.00 to $450.00 and gave the company a “hold” rating in a research report on Friday, May 29th. Finally, The Goldman Sachs Group lifted their target price on Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a report on Monday. 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 company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $475.76.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell’s recent earnings beat was very strong, with EPS of $4.86 versus $2.96 expected and revenue of $43.84 billion versus $35.74 billion expected, reinforcing the view that AI infrastructure demand is boosting growth. Article Title
• Positive Sentiment: Multiple reports highlighted Dell as a major beneficiary of the AI buildout, with commentary describing it as an AI infrastructure winner rather than just a PC maker, which supports the stock’s rerating. Article Title
• Positive Sentiment: Dell and Nvidia unveiled new AI PC products, including the XPS 16 Creator Edition powered by RTX Spark, expanding Dell’s AI story beyond servers into consumer and business devices. Article Title
• Positive Sentiment: Dell also received a Zacks Rank #1 “Strong Buy” upgrade, signaling rising analyst optimism and adding momentum-trader support. Article Title

Dell Technologies Trading Down 4.4%

The firm’s 50-day moving average price is $238.55 and its 200-day moving average price is $167.92. The stock has a market capitalization of $260.43 billion, a PE ratio of 32.16, a PEG ratio of 1.24 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data 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. 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 period in the previous year, the firm posted $1.55 earnings per share. The firm’s revenue for the quarter 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. On average, equities research analysts predict that Dell Technologies Inc. will post 12.93 earnings per share for the current fiscal year.

Institutional Trading of Dell Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of DELL. Commonwealth Retirement Investments LLC purchased a new stake in shares of Dell Technologies in the fourth quarter worth approximately $25,000. Rossby Financial LCC boosted its stake in Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after purchasing an additional 184 shares in the last quarter. Portus Wealth Advisors LLC purchased a new stake in Dell Technologies during the 1st quarter worth approximately $35,000. Kemnay Advisory Services Inc. acquired a new position in Dell Technologies during the 4th quarter valued at approximately $29,000. Finally, Navalign LLC acquired a new stake in Dell Technologies during the 4th quarter worth about $29,000. Hedge funds and other 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.