Dell Technologies (NYSE:DELL) Trading Down 2.1% – Here’s What Happened

Dell Technologies Inc. (NYSE:DELL) shares were down 2.1% during trading on Monday . The company traded as low as $424.00 and last traded at $432.5850. 4,332,133 shares traded hands during trading, a decline of 47% from the average session volume of 8,168,139 shares. The stock had previously closed at $442.08.

Key Dell Technologies News

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

• Positive Sentiment: Investors are positioning ahead of Dell’s September 1 earnings report, with Evercore reportedly expecting another “beat-and-raise” quarter. The bullish view is based on strong AI-server demand, a customer base of roughly 5,000 and growth in the company’s AI pipeline. Dell’s AI Rally Is About to Face Its Next Big Test
• Positive Sentiment: Coverage highlighted Dell’s hybrid-AI strategy, enterprise PC growth and high-performance technology partnerships. Strength across other AI-server and hardware companies is also reinforcing confidence in continued data-center spending. What’s Going On With Dell Technologies Stock Tuesday?
• Positive Sentiment: Analyst and quantitative commentary remains favorable: Dell is being identified as a momentum stock and as a potential beneficiary of rising AI data-center investment. Recent analyst targets cited in the coverage include a median of $500, above the provided opening price. Dell Technologies Earnings Expected to Grow
• Neutral Sentiment: Chief Executive Michael Dell and CFO David Kennedy will present at Goldman Sachs and Citi technology conferences on September 9–10. The events could provide updates on AI demand and guidance, but the announcement itself contains no new financial outlook. Dell Technologies to Present at Investor Conferences in September
• Negative Sentiment: Taiwan’s indictment of employees linked to alleged illegal AI-server exports to China briefly pressured the broader server group, including Dell. The allegations reportedly target individuals rather than Dell itself, limiting the direct impact, but they highlight regulatory and geopolitical risks surrounding AI hardware exports. Super Micro Surges as Taiwan Indicts Employees but Not the Company
• Negative Sentiment: Some reported insider transactions were sales, including sales by senior executives. While such trades may be scheduled or diversification-related, the absence of reported insider purchases could weigh modestly on sentiment, particularly after Dell’s substantial rally.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on DELL. CLSA raised Dell Technologies to an “outperform” rating in a research report on Friday, May 29th. Argus raised their target price on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Royal Bank Of Canada began coverage on Dell Technologies in a report on Friday, May 29th. They issued an “outperform” rating for the company. Evercore restated an “outperform” rating and set a $550.00 price target on shares of Dell Technologies in a report on Wednesday, August 19th. Finally, Barclays downgraded shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. One 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 assigned a Sell rating to the stock. According to data from MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and an average target price of $496.90.

Dell Technologies Trading Up 4.2%

The business has a 50-day moving average of $429.74 and a 200 day moving average of $290.24. The firm has a market capitalization of $292.52 billion, a P/E ratio of 35.85, a price-to-earnings-growth ratio of 0.90 and a beta of 1.33.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 last year, the business earned $1.55 EPS. Dell Technologies’s quarterly revenue was up 87.5% compared to the same quarter last year. 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. As a group, research analysts forecast that Dell Technologies Inc. will post 18.17 EPS for the current year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, July 21st. Dell Technologies’s dividend payout ratio is currently 20.02%.

Insider Transactions at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 175,901 shares of the 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 $80,560,898.99. Following the completion of the sale, the director directly owned 36,659 shares of the company’s stock, valued at $16,789,455.41. This represents a 82.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the company’s stock in a transaction 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 sale, the director owned 24,287 shares of the company’s stock, valued at $11,123,203.13. This trade represents a 88.66% decrease in their position. 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 quarter. Company insiders own 41.50% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

Institutional investors have recently modified their holdings of the business. Triumph Capital Management lifted its stake in shares of Dell Technologies by 2.3% in the 2nd quarter. Triumph Capital Management now owns 1,405 shares of the technology company’s stock valued at $606,000 after purchasing an additional 32 shares during the last quarter. Accel Wealth Management lifted its position in Dell Technologies by 2.8% in the second quarter. Accel Wealth Management now owns 1,421 shares of the technology company’s stock valued at $613,000 after buying an additional 39 shares during the last quarter. Ariadne Wealth Management LP boosted its stake in Dell Technologies by 1.6% during the first quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company’s stock worth $508,000 after buying an additional 49 shares during the period. Bell Investment Advisors Inc increased its position in shares of Dell Technologies by 19.3% during the first quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock valued at $53,000 after acquiring an additional 52 shares during the last quarter. Finally, Vectors Research Management LLC increased its position in shares of Dell Technologies by 0.4% during the first quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company’s stock valued at $2,404,000 after acquiring an additional 55 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

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.