Dell Technologies Inc. $DELL Stock Holdings Decreased by SCS Capital Management LLC

SCS Capital Management LLC lowered its stake in Dell Technologies Inc. (NYSE:DELL) by 65.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,938 shares of the technology company’s stock after selling 3,689 shares during the period. SCS Capital Management LLC’s holdings in Dell Technologies were worth $244,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Navalign LLC bought a new stake in shares of Dell Technologies in the 4th quarter worth about $29,000. WealthCollab LLC increased its position in shares of Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares during the last quarter. iA Global Asset Management Inc. bought a new stake in shares of Dell Technologies during the 4th quarter valued at about $32,000. State of Wyoming bought a new stake in shares of Dell Technologies during the 2nd quarter valued at about $33,000. Finally, Westside Investment Management Inc. grew its position in shares of Dell Technologies by 35.8% during the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock valued at $43,000 after buying an additional 78 shares during the last quarter. Institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling

In other news, insider William F. Scannell sold 143,067 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $165.00, for a total value of $23,606,055.00. Following the completion of the sale, the insider directly owned 21,779 shares of the company’s stock, valued at approximately $3,593,535. This represents a 86.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO David Alan Kennedy sold 19,500 shares of the company’s stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $182.53, for a total transaction of $3,559,335.00. Following the completion of the sale, the chief financial officer directly owned 183,097 shares of the company’s stock, valued at approximately $33,420,695.41. This represents a 9.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 2,561,687 shares of company stock worth $426,677,518. Company insiders own 41.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Guggenheim raised shares of Dell Technologies to a “buy” rating in a research report on Monday. Wolfe Research downgraded shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research report on Friday. Evercore boosted their price objective on shares of Dell Technologies from $270.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Sanford C. Bernstein boosted their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Finally, Mizuho boosted their price objective on shares of Dell Technologies from $435.00 to $500.00 and gave the company an “outperform” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $475.76.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Dell’s latest quarter showed blockbuster demand for AI servers, with revenue and earnings far above expectations and management raising its full-year outlook, reinforcing the case that AI data-center spending is driving a new growth cycle. AI Boom Powers Dell Stock’s Post-Earnings Rally. Get Ready for More Upside Ahead.
• Positive Sentiment: Several analysts raised price targets sharply after the earnings beat, including Goldman Sachs, Bernstein, Citic Securities, and Daiwa, signaling growing Wall Street confidence that Dell still has room to run despite its big rally. Daiwa Securities adjusts PT on Dell Technologies to 465 from 170
• Positive Sentiment: Nvidia’s push into AI-enabled PCs could create a new upgrade cycle for Dell laptops, adding another growth avenue beyond servers and helping keep the stock in focus. Nvidia jumps into PCs with new Arm-based chip debuting in laptops from Microsoft, Dell, HP
• Positive Sentiment: Dell’s new XPS 13 launch gives the company a consumer-PC catalyst as well, with the redesigned laptop aimed directly at Apple’s MacBook line and helping extend the momentum in the shares. Dell Stock Rises as It Goes Head-to-Head with Apple Over Cutting-Edge Laptop
• Neutral Sentiment: Recent media coverage and conference remarks have kept Dell in the center of the AI trade, with investors comparing it to HPE and Super Micro as the market debates whether the stock’s rapid run has gone too far. Dell Stock is Soaring: Is it Too Late to Buy?
• Negative Sentiment: Despite the strong longer-term trend, Dell did slip in recent trading as some investors took profits after the huge run-up, and articles note the stock may be becoming more stretched on valuation. Dell Stock Snaps 8-Day Winning Streak Even as AI Server Rivals Soar

Dell Technologies Trading Down 6.9%

Shares of NYSE:DELL opened at $433.72 on Wednesday. The company has a 50 day moving average of $223.02 and a 200-day moving average of $161.80. The firm has a market cap of $280.07 billion, a P/E ratio of 34.45, a P/E/G ratio of 1.45 and a beta of 1.30. Dell Technologies Inc. has a twelve month low of $108.01 and a twelve month high of $469.47.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. The company had revenue of $43.84 billion during 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 business’s revenue for the quarter was up 87.5% compared to the same quarter last year. During the same period in the prior 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. Equities research analysts forecast that Dell Technologies Inc. will post 12.21 EPS for the current year.

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.