Dell Technologies (NYSE:DELL) Director Sells $35,684,707.70 in Stock

Dell Technologies Inc. (NYSE:DELL) Director Silver Lake Partners Iv, L.P. sold 84,365 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $422.98, for a total value of $35,684,707.70. Following the completion of the transaction, the director owned 7,521 shares of the company’s stock, valued at approximately $3,181,232.58. The trade was a 91.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Silver Lake Partners Iv, L.P. also recently made the following trade(s):

• On Tuesday, June 2nd, Silver Lake Partners Iv, L.P. sold 176,754 shares of Dell Technologies stock. The shares were sold at an average price of $438.91, for a total transaction of $77,579,098.14.
• On Tuesday, June 2nd, Silver Lake Partners Iv, L.P. sold 19,320 shares of Dell Technologies stock. The shares were sold at an average price of $458.12, for a total transaction of $8,850,878.40.
• On Monday, June 1st, Silver Lake Partners Iv, L.P. sold 189,805 shares of Dell Technologies stock. The shares were sold at an average price of $457.99, for a total value of $86,928,791.95.
• On Monday, June 1st, Silver Lake Partners Iv, L.P. sold 84,532 shares of Dell Technologies stock. The shares were sold at an average price of $445.96, for a total value of $37,697,890.72.

Dell Technologies Stock Performance

Shares of DELL traded down $26.33 during trading hours on Friday, hitting $395.72. The stock had a trading volume of 10,946,594 shares, compared to its average volume of 8,802,107. The firm has a 50-day moving average price of $238.55 and a 200 day moving average price of $167.92. The firm has a market capitalization of $255.53 billion, a price-to-earnings ratio of 31.43, a PEG ratio of 1.24 and a beta of 1.30. Dell Technologies Inc. has a fifty-two week low of $109.17 and a fifty-two week high of $469.47.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. The firm 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 company’s quarterly revenue was up 87.5% on a year-over-year basis. During the same period last year, the firm 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, analysts predict that Dell Technologies Inc. will post 12.93 EPS for the current fiscal year.

Dell Technologies News Summary

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DELL. Parallel Advisors LLC increased its holdings in shares of Dell Technologies by 8.8% in the first quarter. Parallel Advisors LLC now owns 6,973 shares of the technology company’s stock valued at $1,145,000 after purchasing an additional 564 shares during the last quarter. Asset Dedication LLC increased its stake in shares of Dell Technologies by 1.7% in the 1st quarter. Asset Dedication LLC now owns 4,291 shares of the technology company’s stock worth $704,000 after acquiring an additional 73 shares during the last quarter. Groupama Asset Managment increased its stake in shares of Dell Technologies by 2.6% in the 1st quarter. Groupama Asset Managment now owns 2,902 shares of the technology company’s stock worth $476,000 after acquiring an additional 73 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new position in shares of Dell Technologies during the 1st quarter worth $5,930,000. Finally, BankChampaign National Association acquired a new position in shares of Dell Technologies during the 1st quarter valued at about $595,000. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Roth Mkm assumed coverage on shares of Dell Technologies in a research report on Friday, May 29th. They set a “buy” rating for the company. CLSA raised shares of Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Evercore upped their price target on shares of Dell Technologies from $270.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Sanford C. Bernstein lifted their price objective on Dell Technologies from $280.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Finally, Mizuho increased their target price on Dell Technologies from $435.00 to $500.00 and gave the company an “outperform” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dell Technologies has a consensus rating of “Moderate Buy” and an average target price 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.