Marino Stram & Associates LLC acquired a new stake in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) during the first quarter, HoldingsChannel reports. The fund acquired 1,226 shares of the technology company’s stock, valued at approximately $201,000.
Several other institutional investors have also added to or reduced their stakes in DELL. Bell Investment Advisors Inc boosted its stake in shares of Dell Technologies by 19.3% during the 1st quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock valued at $53,000 after purchasing an additional 52 shares in the last quarter. Raleigh Capital Management Inc. lifted its holdings in Dell Technologies by 6.9% in the first quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company’s stock worth $171,000 after buying an additional 67 shares during the period. Pinnacle Associates Ltd. boosted its position in Dell Technologies by 0.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company’s stock valued at $3,067,000 after acquiring an additional 78 shares in the last quarter. Lindenwold Advisors INC grew its holdings in shares of Dell Technologies by 1.0% during the 3rd quarter. Lindenwold Advisors INC now owns 9,185 shares of the technology company’s stock worth $1,302,000 after acquiring an additional 87 shares during the period. Finally, Ancora Advisors LLC raised its position in shares of Dell Technologies by 18.6% in the 3rd quarter. Ancora Advisors LLC now owns 556 shares of the technology company’s stock worth $79,000 after acquiring an additional 87 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.
Insider Activity at Dell Technologies
In related news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the 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 $86,928,791.95. Following the transaction, the director owned 24,287 shares in the company, valued at $11,123,203.13. This represents a 88.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Spv-2 L.P. Sl sold 175,901 shares of Dell Technologies stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction 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 approximately $16,789,455.41. This trade represents a 82.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,901,953 shares of company stock valued at $1,403,598,971 over the last ninety days. Company insiders own 41.50% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Report on DELL
Dell Technologies Trading Up 1.4%
Dell Technologies stock opened at $417.39 on Wednesday. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $469.47. The stock has a fifty day simple moving average of $340.27 and a two-hundred day simple moving average of $212.59. The firm has a market cap of $270.51 billion, a price-to-earnings ratio of 33.15, a PEG ratio of 0.88 and a beta of 1.31.
Dell Technologies (NYSE:DELL – Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the prior year, the company posted $1.55 earnings per share. The company’s quarterly revenue was up 87.5% on a year-over-year basis. 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, equities research analysts forecast that Dell Technologies Inc. will post 17.74 EPS for the current fiscal year.
Dell Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be paid a $0.63 dividend. The ex-dividend date is Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. Dell Technologies’s payout ratio is currently 20.02%.
Key Headlines Impacting Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: President Trump again publicly praised Dell and told Americans to buy Dell computers, fueling fresh momentum in shares. Article: Dell’s stock jumps after Trump says, ‘Go out and buy a Dell computer’
- Positive Sentiment: Michael Dell and Susan Dell’s multibillion-dollar pledge to support Trump Accounts has added to the company’s visibility and investor enthusiasm. Article: Dell (NYSE:DELL) Joins Trump Accounts With A Multibillion Dollar Pledge And Trump Backing
- Positive Sentiment: Analysts and market commentators continue to point to Dell’s AI-server growth story as a key reason the stock remains supported despite its sharp run-up. Article: DELL Jumps 213% YTD: Is There More Room for the Stock to Appreciate?
- Neutral Sentiment: Some commentary warns that the stock may be getting overheated after its huge advance, with at least one note advising investors to wait for a pullback before buying. Article: Dell: I Would Wait For A Pullback To Enter The Stock
- Negative Sentiment: Bearish pieces are raising concerns about valuation, margin pressure, and competition, suggesting upside may be more limited after the recent surge. Article: Trump is Endorsing Dell Stock, But There Is an Uncomfortable Truth You Must Know
Dell Technologies 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.
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