Dell Technologies (NYSE:DELL) Director Spv-2 L.P. Sl Sells 78,236 Shares

Dell Technologies Inc. (NYSE:DELL) Director Spv-2 L.P. Sl sold 78,236 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $422.98, for a total transaction of $33,092,263.28. Following the transaction, the director directly owned 11,274 shares in the company, valued at approximately $4,768,676.52. The trade was a 87.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Spv-2 L.P. Sl also recently made the following trade(s):

• On Tuesday, June 2nd, Spv-2 L.P. Sl sold 164,047 shares of Dell Technologies stock. The shares were sold at an average price of $438.91, for a total transaction of $72,001,868.77.
• On Tuesday, June 2nd, Spv-2 L.P. Sl sold 17,932 shares of Dell Technologies stock. The shares were sold at an average price of $458.12, for a total transaction of $8,215,007.84.
• On Monday, June 1st, Spv-2 L.P. Sl sold 78,339 shares of Dell Technologies stock. The shares were sold at an average price of $445.96, for a total transaction of $34,936,060.44.
• On Monday, June 1st, Spv-2 L.P. Sl sold 175,901 shares of Dell Technologies stock. The shares were sold at an average price of $457.99, for a total transaction of $80,560,898.99.

Dell Technologies Stock Down 6.2%

DELL opened at $395.72 on Friday. The company has a market cap of $255.53 billion, a price-to-earnings ratio of 31.43, a PEG ratio of 1.24 and a beta of 1.30. Dell Technologies Inc. has a 52-week low of $109.17 and a 52-week high of $469.47. The firm’s fifty day simple moving average is $242.78 and its two-hundred day simple moving average is $169.51.

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. The business had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The company’s revenue was up 87.5% compared to the same quarter last year. During the same period last year, the firm posted $1.55 earnings per share. 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, research analysts forecast that Dell Technologies Inc. will post 12.93 EPS for the current year.

Key Dell Technologies News

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

• Positive Sentiment: Analysts and market commentators continue to raise expectations for Dell after its strong earnings beat, with several reports saying the company is benefiting from booming AI infrastructure spending. Article Title
• Positive Sentiment: Bernstein raised its price target on Dell to $500 and maintained an Outperform rating, reinforcing the view that Wall Street sees more upside after the company’s record AI quarter. Article Title
• Positive Sentiment: Dell’s partnership with Nvidia on new AI PCs, including the XPS 16 Creator Edition powered by RTX Spark, expands the AI growth story beyond servers into the PC market. Article Title
• Positive Sentiment: Multiple articles framed Dell as a major AI infrastructure winner, with investors betting the company can keep compounding growth as AI server orders and margins expand. Article Title

Hedge Funds Weigh In On Dell Technologies

A number of institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC raised its stake in Dell Technologies by 8.8% during the first quarter. Parallel Advisors LLC now owns 6,973 shares of the technology company’s stock worth $1,145,000 after purchasing an additional 564 shares during the period. Asset Dedication LLC raised its stake in Dell Technologies by 1.7% during the first quarter. Asset Dedication LLC now owns 4,291 shares of the technology company’s stock worth $704,000 after purchasing an additional 73 shares during the period. Groupama Asset Managment raised its stake in Dell Technologies by 2.6% during the first quarter. Groupama Asset Managment now owns 2,902 shares of the technology company’s stock worth $476,000 after purchasing an additional 73 shares during the period. Segall Bryant & Hamill LLC purchased a new position in Dell Technologies during the first quarter worth about $5,930,000. Finally, BankChampaign National Association purchased a new position in Dell Technologies during the first quarter worth about $595,000. 76.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Wall Street Zen raised shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Citigroup assumed coverage on shares of Dell Technologies in a research note on Monday. They issued an “outperform” rating on the stock. Sanford C. Bernstein raised their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Truist Financial raised their price target on shares of Dell Technologies from $170.00 to $360.00 and gave the stock a “hold” rating in a research note on Friday, May 29th. Finally, Guggenheim raised shares of Dell Technologies to a “buy” rating in a research note on Monday. One investment 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $475.76.

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.