Nemes Rush Group LLC Acquires 2,400 Shares of Dell Technologies Inc. $DELL

Nemes Rush Group LLC raised its holdings in Dell Technologies Inc. (NYSE:DELL) by 454.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,928 shares of the technology company’s stock after buying an additional 2,400 shares during the quarter. Nemes Rush Group LLC’s holdings in Dell Technologies were worth $369,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. 111 Capital acquired a new stake in Dell Technologies in the fourth quarter worth $237,000. MCF Advisors LLC boosted its position in shares of Dell Technologies by 6.0% during the 4th quarter. MCF Advisors LLC now owns 2,138 shares of the technology company’s stock worth $269,000 after purchasing an additional 121 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of Dell Technologies by 55.5% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 131,964 shares of the technology company’s stock valued at $16,612,000 after buying an additional 47,078 shares during the period. Pinebridge Investments LLC bought a new stake in Dell Technologies in the 4th quarter valued at about $8,476,000. Finally, Parallel Advisors LLC increased its position in Dell Technologies by 1.5% in the 4th quarter. Parallel Advisors LLC now owns 6,409 shares of the technology company’s stock valued at $807,000 after buying an additional 94 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.

Key Headlines Impacting Dell Technologies

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

Dell Technologies Stock Up 0.3%

Shares of NYSE:DELL opened at $395.72 on Monday. The business’s 50 day moving average is $242.78 and its 200 day moving average is $169.84. Dell Technologies Inc. has a 12-month low of $109.17 and a 12-month high of $469.47. The stock has a market cap of $255.53 billion, a price-to-earnings ratio of 31.43, a PEG ratio of 1.16 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last issued 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 business had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The business’s revenue was up 87.5% on a year-over-year basis. During the same period last year, the business earned $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. As a group, equities research analysts expect that Dell Technologies Inc. will post 12.93 earnings per share for the current year.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 175,901 shares of Dell Technologies stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $457.99, for a total transaction of $80,560,898.99. Following the transaction, the director owned 36,659 shares of the company’s stock, valued at $16,789,455.41. This trade represents a 82.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the business’s 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 $86,928,791.95. Following the completion of the transaction, the director owned 24,287 shares in the company, valued at $11,123,203.13. The trade was a 88.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,698,830 shares of company stock valued at $981,849,426 over the last ninety days. Corporate insiders own 41.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. HSBC upgraded Dell Technologies to a “buy” rating in a report on Friday, May 29th. Citic Securities upped their target price on Dell Technologies from $160.00 to $505.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Wells Fargo & Company lifted their price target on shares of Dell Technologies from $270.00 to $505.00 and gave the company an “overweight” rating in a research report on Friday, May 29th. Barclays lowered shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research note on Friday, May 29th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average 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.