Sonoma Allocations LLC Buys New Stake in Dell Technologies Inc. $DELL

Sonoma Allocations LLC purchased a new position in Dell Technologies Inc. (NYSE:DELL) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 1,297 shares of the technology company’s stock, valued at approximately $231,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC purchased a new stake in shares of Dell Technologies in the 4th quarter valued at $25,000. Rossby Financial LCC increased its position in shares of Dell Technologies by 968.4% during the fourth 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 valued at about $35,000. Kemnay Advisory Services Inc. purchased a new stake in Dell Technologies in the 4th quarter valued at $29,000. Finally, Navalign LLC acquired a new stake in shares of Dell Technologies during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insider Buying and Selling at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 175,901 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $80,560,898.99. Following the sale, the director directly owned 36,659 shares in the company, valued at $16,789,455.41. The trade was a 82.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the completion of the sale, the director directly owned 24,287 shares in the company, valued at approximately $11,123,203.13. The trade was a 88.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,434,758 shares of company stock valued at $1,448,870,683 in the last ninety days. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies Trading Up 9.6%

DELL stock opened at $405.10 on Friday. The firm has a 50 day moving average of $402.83 and a 200-day moving average of $247.57. The company has a market cap of $262.55 billion, a price-to-earnings ratio of 32.18, a PEG ratio of 0.79 and a beta of 1.31. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $469.47.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating the consensus estimate of $2.96 by $1.90. The firm had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.Dell Technologies’s quarterly revenue was up 87.5% on a year-over-year basis. During the same period last 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. Sell-side analysts forecast that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

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

Key Dell Technologies News

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

• Positive Sentiment: AI infrastructure demand remains the primary catalyst. Dell’s strong server and networking growth, driven by AI systems, and its raised full-year outlook have given investors confidence that demand is continuing rather than slowing. Dell has also cited an approximately $60 billion fiscal 2027 AI-server revenue opportunity. Dell Jumps as AI Infrastructure Trade Rebounds
• Positive Sentiment: New institutional AI business supports the growth narrative. A recently announced AI and high-performance-computing platform win with Texas A&M Engineering Experiment Station adds evidence of demand from enterprise and research customers. Dell Jumps as AI Infrastructure Trade Rebounds
• Positive Sentiment: Analyst revisions and technical signals are improving. Dell recently formed a hammer chart pattern, suggesting potential support after its pullback, while upward earnings-estimate revisions point to improving expectations. Here’s Why Dell Technologies Could Be Great Choice for a Bottom Fisher
• Positive Sentiment: Dell is expanding its AI positioning. Its participation in an open-source AI cybersecurity alliance broadens the company’s AI strategy beyond hardware and into security collaboration. Dell Technologies Joins Open Source AI Cybersecurity Alliance
• Neutral Sentiment: Valuation and price-target expectations remain elevated. The reported median analyst target is $500, with several targets ranging from $477 to $550, leaving room for further gains but also raising the bar for execution after Dell’s substantial rally.
• Negative Sentiment: Insider selling is a risk signal. Reported six-month trading activity showed no insider purchases and extensive sales, including transactions by senior executives and affiliated investment entities. This does not establish a change in fundamentals but could weigh on sentiment.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Morgan Stanley lifted their target price on shares of Dell Technologies from $448.00 to $477.00 and gave the company an “equal weight” rating in a report on Tuesday, June 23rd. CLSA raised Dell Technologies to an “outperform” rating in a report on Friday, May 29th. Guggenheim upgraded Dell Technologies to a “buy” rating in a research report on Monday, June 1st. Roth Capital assumed coverage on shares of Dell Technologies in a research note on Friday, May 29th. They set a “buy” rating on the stock. Finally, Jefferies Financial Group downgraded shares of Dell Technologies to a “hold” rating in a research report on Monday, June 1st. One equities research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $494.67.

Dell Technologies Profile

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.