Dell Technologies (NYSE:DELL) Director William Green Sells 65,000 Shares of Stock

Dell Technologies Inc. (NYSE:DELL) Director William Green sold 65,000 shares of Dell Technologies stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $150.50, for a total transaction of $9,782,500.00. Following the transaction, the director directly owned 47,619 shares in the company, valued at $7,166,659.50. The trade was a 57.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Dell Technologies Stock Performance

Shares of DELL opened at $140.64 on Friday. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $152.10. The firm’s 50 day moving average price is $131.84 and its two-hundred day moving average price is $114.93. The firm has a market cap of $94.56 billion, a P/E ratio of 20.68, a PEG ratio of 1.01 and a beta of 1.05.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.03. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The firm had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. During the same quarter in the previous year, the firm posted $1.89 earnings per share. The business’s revenue was up 19.0% on a year-over-year basis. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. On average, sell-side analysts anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Tuesday, October 21st. Dell Technologies’s payout ratio is presently 30.88%.

Institutional Investors Weigh In On Dell Technologies

Institutional investors and hedge funds have recently bought and sold shares of the company. Smallwood Wealth Investment Management LLC acquired a new position in shares of Dell Technologies in the first quarter valued at approximately $25,000. Winnow Wealth LLC acquired a new position in shares of Dell Technologies in the second quarter valued at approximately $25,000. N.E.W. Advisory Services LLC acquired a new position in shares of Dell Technologies in the first quarter valued at approximately $26,000. Cheviot Value Management LLC acquired a new position in shares of Dell Technologies in the first quarter valued at approximately $27,000. Finally, Flaharty Asset Management LLC acquired a new position in shares of Dell Technologies in the first quarter valued at approximately $27,000. Institutional investors own 76.37% of the company’s stock.

Analyst Upgrades and Downgrades

DELL has been the topic of a number of recent analyst reports. Citigroup boosted their target price on shares of Dell Technologies from $135.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, August 11th. The Goldman Sachs Group lifted their price objective on shares of Dell Technologies from $150.00 to $155.00 and gave the stock a “buy” rating in a research report on Tuesday. Fox Advisors cut shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a research report on Friday, August 29th. Daiwa Capital Markets lifted their price objective on shares of Dell Technologies from $125.00 to $140.00 and gave the stock an “outperform” rating in a research report on Thursday, September 11th. Finally, UBS Group lifted their price objective on shares of Dell Technologies from $145.00 to $155.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and an average target price of $148.67.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).