Los Angeles Capital Management LLC Sells 62,317 Shares of Dell Technologies Inc. $DELL

Los Angeles Capital Management LLC decreased its holdings in Dell Technologies Inc. (NYSE:DELL) by 27.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 165,147 shares of the technology company’s stock after selling 62,317 shares during the period. Los Angeles Capital Management LLC’s holdings in Dell Technologies were worth $20,789,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tradition Wealth Management LLC acquired a new stake in shares of Dell Technologies during the 4th quarter valued at $274,000. Longfellow Investment Management Co. LLC boosted its holdings in shares of Dell Technologies by 33.2% during the 4th quarter. Longfellow Investment Management Co. LLC now owns 9,026 shares of the technology company’s stock valued at $1,136,000 after acquiring an additional 2,250 shares in the last quarter. Cookson Peirce & Co. Inc. boosted its holdings in shares of Dell Technologies by 1,302.0% during the 4th quarter. Cookson Peirce & Co. Inc. now owns 139,565 shares of the technology company’s stock valued at $17,568,000 after acquiring an additional 129,610 shares in the last quarter. Nemes Rush Group LLC boosted its holdings in shares of Dell Technologies by 454.5% during the 4th quarter. Nemes Rush Group LLC now owns 2,928 shares of the technology company’s stock valued at $369,000 after acquiring an additional 2,400 shares in the last quarter. Finally, 111 Capital acquired a new stake in shares of Dell Technologies during the 4th quarter valued at $237,000. Institutional investors own 76.37% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Evercore raised their price objective on Dell Technologies from $270.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Argus raised their price objective on Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a report on Friday, May 29th. Bank of America raised their price objective on Dell Technologies from $280.00 to $500.00 and gave the company a “buy” rating in a report on Friday, May 29th. JPMorgan Chase & Co. raised their price objective on Dell Technologies from $280.00 to $500.00 and gave the company an “overweight” rating in a report on Friday, May 29th. Finally, Guggenheim raised Dell Technologies to a “buy” rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $475.76.

Dell Technologies Stock Up 0.3%

DELL opened at $395.72 on Monday. Dell Technologies Inc. has a twelve month low of $109.17 and a twelve month high of $469.47. The company has a fifty day moving average of $242.78 and a 200-day moving average of $169.84. The stock has a market cap of $255.53 billion, a PE ratio of 31.43, a price-to-earnings-growth ratio of 1.16 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping the consensus estimate of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The company had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. During the same period in the prior year, the company posted $1.55 earnings per share. Dell Technologies’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. Sell-side analysts anticipate that Dell Technologies Inc. will post 12.93 EPS for the current fiscal year.

Trending Headlines about 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

Insider Activity

In other news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the business’s stock in a transaction dated 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 transaction, the director directly owned 24,287 shares of the company’s stock, valued at $11,123,203.13. The trade was a 88.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $80,560,898.99. Following the completion of the transaction, the director directly owned 36,659 shares in the company, valued at $16,789,455.41. This represents a 82.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 3,698,830 shares of company stock valued at $981,849,426 in the last ninety days. 41.50% of the stock is owned by company insiders.

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.