Richard Rothberg Sells 20,000 Shares of Dell Technologies (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELL) General Counsel Richard Rothberg sold 20,000 shares of Dell Technologies stock in a transaction on Monday, June 15th. The shares were sold at an average price of $410.00, for a total value of $8,200,000.00. Following the completion of the transaction, the general counsel owned 142,415 shares of the company’s stock, valued at approximately $58,390,150. The trade was a 12.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Dell Technologies Stock Up 4.0%

DELL traded up $16.02 during trading on Wednesday, hitting $420.10. The company’s stock had a trading volume of 8,520,709 shares, compared to its average volume of 8,747,841. The firm’s 50 day moving average price is $273.91 and its two-hundred day moving average price is $183.09. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $469.47. The stock has a market capitalization of $271.28 billion, a price-to-earnings ratio of 33.37, a price-to-earnings-growth ratio of 0.88 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 (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same quarter in the previous year, the company posted $1.55 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts forecast that Dell Technologies Inc. will post 17.6 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders 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 annualized dividend and a yield of 0.6%. Dell Technologies’s payout ratio is presently 20.02%.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Dell declared a quarterly cash dividend of $0.63 per share, which reinforces capital returns to shareholders and helped support sentiment. Dell Technologies Declares Quarterly Cash Dividend
• Positive Sentiment: Several reports highlighted Dell’s AI server and data center growth, with commentary saying the market may still be underestimating Dell’s AI opportunity and momentum remains strong. Dell Stock Looks Cheap Here With Higher Analyst Forecasts – Short Put Plays Are Attractive
• Positive Sentiment: Analysts and market commentators remain constructive on DELL, including notes that Wall Street’s average recommendation is still a Buy and that the stock could have more upside if AI demand keeps scaling. Wall Street Analysts Think Dell Technologies (DELL) Is a Good Investment: Is It?
• Positive Sentiment: Dell’s federal business also received a lift from a reported $1.44 billion U.S. Air Force contract win, adding to the growth narrative around enterprise and government infrastructure spending. Dell Wins $1.44B Microsoft License Deal
• Neutral Sentiment: Dell completed a $3 billion senior notes offering, which improves financing flexibility but also adds debt, making the impact on shares less clear. Dell Technologies Completes $3 Billion Senior Notes Offering
• Negative Sentiment: Recent insider sales by multiple Dell directors, including Silver Lake-related entities, may temper enthusiasm despite being disclosed and possibly preplanned. SEC filing: Silver Lake Partners De (Aiv sale
• Negative Sentiment: One industry report warned that a memory crunch is pressuring server supply chains, which could become a headwind for Dell’s server shipments or margins. Dell, HPE server supply upended by memory crunch

Institutional Investors Weigh In On Dell Technologies

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Dell Technologies by 4.5% during the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after purchasing an additional 1,355,841 shares during the period. State Street Corp grew its stake in shares of Dell Technologies by 1.8% during the fourth quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock worth $1,852,450,000 after purchasing an additional 265,740 shares during the period. Bank of America Corp DE grew its stake in shares of Dell Technologies by 7.6% during the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock worth $2,362,624,000 after purchasing an additional 1,011,101 shares during the period. Geode Capital Management LLC grew its stake in shares of Dell Technologies by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock worth $939,808,000 after purchasing an additional 108,011 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Dell Technologies by 50.4% during the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after purchasing an additional 2,445,854 shares during the period. 76.37% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DELL has been the subject of a number of recent research reports. Loop Capital boosted their target price on Dell Technologies from $150.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Susquehanna set a $289.00 target price on Dell Technologies and gave the stock a “neutral” rating in a research report on Friday, May 29th. Truist Financial boosted their target price on Dell Technologies from $170.00 to $360.00 and gave the stock a “hold” rating in a research report on Friday, May 29th. Jefferies Financial Group downgraded Dell Technologies to a “hold” rating in a research report on Monday, June 1st. Finally, Citic Securities boosted 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. One 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. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $475.76.

Dell Technologies Company 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.