Dell Technologies (NYSE:DELL) Director Sells $15,557,668.23 in Stock

Dell Technologies Inc. (NYSE:DELL) Director Silver Lake Partners De (Aiv sold 26,553 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $585.91, for a total value of $15,557,668.23. Following the completion of the sale, the director owned 59,331 shares in the company, valued at approximately $34,762,626.21. This represents a 30.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Dell Technologies Stock Down 0.0%

Shares of NYSE DELL opened at $548.89 on Thursday. The firm’s 50-day simple moving average is $472.07 and its 200 day simple moving average is $348.63. The stock has a market cap of $348.99 billion, a P/E ratio of 31.86, a P/E/G ratio of 0.57 and a beta of 1.34. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $595.51.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The firm had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. During the same quarter in the previous year, the company earned $1.70 earnings per share. The firm’s quarterly revenue was up 57.7% compared to the same quarter last year. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. On average, sell-side analysts anticipate that Dell Technologies Inc. will post 25.14 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be given a $0.63 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.5%. Dell Technologies’s payout ratio is 14.63%.

Analyst Ratings Changes

Several equities research analysts have recently commented on DELL shares. Royal Bank Of Canada started coverage on Dell Technologies in a report on Thursday, September 10th. They set an “outperform” rating and a $640.00 target price for the company. Citic Securities upped their price objective on shares of Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Truist Financial lifted their target price on shares of Dell Technologies from $360.00 to $505.00 and gave the stock a “hold” rating in a research report on Wednesday, September 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Dell Technologies in a research report on Wednesday, August 12th. Finally, CLSA raised shares of Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $560.72.

Institutional Investors Weigh In On Dell Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in DELL. Bank of America Corp DE increased its holdings in Dell Technologies by 7.6% in the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock worth $2,362,624,000 after buying an additional 1,011,101 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Dell Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock worth $939,808,000 after purchasing an additional 108,011 shares during the last quarter. Deutsche Bank AG raised its holdings in shares of Dell Technologies by 24.6% during the 4th quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock valued at $694,489,000 after purchasing an additional 1,090,336 shares in the last quarter. Norges Bank acquired a new stake in shares of Dell Technologies in the 4th quarter valued at $607,349,000. Finally, Wellington Management Group LLP boosted its holdings in Dell Technologies by 140.1% in the second quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock worth $1,090,294,000 after purchasing an additional 1,474,347 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: AI remains Dell’s strongest catalyst. Analysts point to a growing AI customer base, record orders and an estimated backlog of roughly $95 billion, supporting expectations that Dell will benefit from continued data-center and on-premises AI spending. Wall Street stock upgrades
• Positive Sentiment: Dell’s new $999 XPS Googlebook, featuring Qualcomm’s Snapdragon X Elite processor and Google Gemini integration, expands its premium AI-focused product lineup. The launch could improve consumer positioning, although shipment and margin expectations were not provided. Dell Googlebook launch
• Neutral Sentiment: Dell’s latest results were strong, with quarterly EPS of $7.04 versus a $4.91 estimate and revenue growth of 57.7%. However, the stock’s sharp advance has already priced in substantial AI success, raising the bar for future earnings and margins.
• Negative Sentiment: UBS reversed its 2027 PC forecast from growth to a decline. The downgrade hurt Dell more than HP because Dell’s shares had stronger performance and higher expectations priced in, increasing concern about PC demand and potential earnings pressure. UBS PC outlook
• Negative Sentiment: Multiple insiders sold shares, including CFO David Kennedy, General Counsel Richard Rothberg and Silver Lake-affiliated director holdings. The sales may reinforce profit-taking concerns after Dell’s rally, even though insiders retain sizable positions. Dell insider selling
• Negative Sentiment: Morgan Stanley raised its price target to $511 from $499 but kept an Equalweight rating; the target remains below recent trading levels, suggesting limited near-term upside at the current valuation.

About Dell Technologies

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.