Dell Technologies (NYSE:DELL) Director Sells $6,611,055.23 in Stock

Dell Technologies Inc. (NYSE:DELL) Director Lake Group L.L.C. Silver sold 16,679 shares of the firm’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $396.37, for a total value of $6,611,055.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Dell Technologies Trading Down 7.3%

DELL stock opened at $394.29 on Friday. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $469.47. The stock has a 50-day moving average price of $328.66 and a two-hundred day moving average price of $206.73. The company has a market cap of $255.54 billion, a PE ratio of 31.32, a price-to-earnings-growth ratio of 0.91 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping the consensus estimate of $2.96 by $1.90. The firm had revenue of $43.84 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was up 87.5% on a year-over-year basis. During the same period in the previous year, the company 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. Equities analysts forecast that Dell Technologies Inc. will post 17.74 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a dividend of $0.63 per share. The ex-dividend date is Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio is 20.02%.

Hedge Funds Weigh In On Dell Technologies

Several large investors have recently bought and sold shares of the stock. Commonwealth Retirement Investments LLC acquired a new stake in Dell Technologies in the 4th quarter worth $25,000. Rossby Financial LCC increased its position in shares of Dell Technologies by 968.4% during the 4th 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. Navalign LLC bought a new position in shares of Dell Technologies in the fourth quarter valued at approximately $29,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Dell Technologies in the fourth quarter valued at $29,000. Finally, WealthCollab LLC raised its stake in shares of Dell Technologies by 82.0% in the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after acquiring an additional 114 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Analysts and market commentary continue to point to Dell as a key winner in the AI infrastructure boom, with strong demand for AI servers and data-center hardware supporting the long-term growth story. Article: Wall Street Bulls Look Optimistic About Dell Technologies (DELL): Should You Buy?
• Positive Sentiment: Reports say Dell is expanding its enterprise AI push, including launching PowerStore Elite in India, which reinforces the company’s role in AI storage and infrastructure spending. Article: Dell Technologies Brings PowerStore Elite To India, Widens Agentic AI Push For Enterprises
• Positive Sentiment: Some coverage suggests Dell may benefit as customers look for alternatives to Super Micro amid investigation-related concerns, potentially helping Dell gain share in AI servers. Article: Dell Stock Gets a ‘Slam Dunk’ as Super Micro Faces Taiwan Office Raid Over Alleged Nvidia Chip Smuggling
• Neutral Sentiment: Recent commentary says Dell’s shares may have run too far, too fast, with the stock near a 52-week high and some analysts describing the risk/reward as less attractive after the big rally. Article: Dell: Too Far, Too Fast
• Neutral Sentiment: Dell also completed its redomestication to Texas corporation status, a corporate structure change that is operationally relevant but not an immediate earnings driver. Article: Dell Completes Redomestication to Texas Corporation Status
• Negative Sentiment: One article warns that Dell’s AI growth is coming with a margin hit, suggesting the market may be underestimating pressure on gross margins as lower-margin AI server sales rise. Article: Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
• Negative Sentiment: A director recently sold about $6.6 million of stock, which can add to caution after the stock’s strong recent move. Article: Insider Selling: Dell Technologies (NYSE:DELL) Director Sells $6,611,055.23 in Stock

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on DELL shares. Evercore increased their target price on Dell Technologies from $270.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. CLSA upgraded shares of Dell Technologies to an “outperform” rating in a report on Friday, May 29th. Wall Street Zen raised Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Citic Securities boosted their target price on shares of Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Finally, Mizuho increased their price target on shares of Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $490.38.

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.