RBF Capital LLC Sells 10,000 Shares of Dell Technologies Inc. $DELL

RBF Capital LLC lowered its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 58.8% during the fourth quarter, Holdings Channel reports. The fund owned 7,000 shares of the technology company’s stock after selling 10,000 shares during the period. RBF Capital LLC’s holdings in Dell Technologies were worth $881,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Commonwealth Retirement Investments LLC bought a new position in shares of Dell Technologies in the 4th quarter valued at about $25,000. Rossby Financial LCC raised its position in shares of Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after acquiring an additional 184 shares during the period. Navalign LLC acquired a new stake in shares of Dell Technologies in the 4th quarter valued at approximately $29,000. WealthCollab LLC raised its position in shares of Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after acquiring an additional 114 shares during the period. Finally, iA Global Asset Management Inc. bought a new position in Dell Technologies in the fourth quarter valued at approximately $32,000. Institutional investors own 76.37% of the company’s stock.

Dell Technologies Trading Down 1.2%

Shares of DELL opened at $404.07 on Wednesday. The company has a market cap of $260.93 billion, a price-to-earnings ratio of 32.09, a PEG ratio of 0.88 and a beta of 1.30. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $469.47. The company’s fifty day simple moving average is $273.91 and its 200 day simple moving average is $183.09.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. The business had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm’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 earned $1.55 earnings per share. 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, research analysts forecast that Dell Technologies Inc. will post 17.6 earnings per share for the current year.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell Federal Systems won a $1.44 billion U.S. Air Force contract, adding to the company’s growing government business and reinforcing demand for its enterprise infrastructure offerings. Dell Wins $1.44B Microsoft License Deal
• Positive Sentiment: Several bullish articles highlighted Dell’s AI server momentum, including reports that AI server revenue has surged and that the market may still be underestimating Dell’s AI opportunity. Dell’s Momentum Score Jumps As AI Server Revenue Surges Over 750% Amid Data Center Demand The Dell Story Is No Longer Just About PCs. Here’s Why the Stock Still Looks Undervalued.
• Positive Sentiment: Analyst commentary remained constructive, with a report saying Dell looks cheap relative to higher forecast revisions and another noting Wall Street recommendations still average to a Buy. Dell Stock Looks Cheap Here With Higher Analyst Forecasts – Short Put Plays Are Attractive Wall Street Analysts Think Dell Technologies (DELL) Is a Good Investment: Is It?
• Positive Sentiment: Dell also continues to benefit from broad investor interest after strong earnings and a narrative that its AI backlog keeps building, which supports the stock’s longer-term growth case. DELL Stock Pulled Back. The AI Backlog Keeps Building
• Neutral Sentiment: Dell completed a $3 billion senior notes offering, which may support liquidity and capital structure flexibility, but it also increases leverage and is not clearly a direct near-term catalyst. Dell Technologies Completes $3 Billion Senior Notes Offering
• Negative Sentiment: Multiple Dell insiders and Silver Lake-related directors sold shares recently, which can weigh on sentiment even if the sales were preplanned or routine. SEC filing: David W. Dorman sale
• Negative Sentiment: One industry report warned that memory shortages are disrupting server supply chains, a possible headwind for Dell’s server shipments and margins. Dell, HPE server supply upended by memory crunch

Insider Activity

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 175,901 shares of Dell Technologies stock in a transaction on Monday, June 1st. The shares were sold at an average price of $457.99, for a total transaction of $80,560,898.99. Following the completion of the transaction, the director directly owned 36,659 shares of the company’s stock, valued at $16,789,455.41. The trade was a 82.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 459,999 shares of Dell Technologies stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $162.25, for a total transaction of $74,634,837.75. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,907,857 shares of company stock valued at $1,556,603,326 in the last ninety days. Corporate insiders own 41.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on DELL. Truist Financial lifted their price target on shares of Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a research note on Friday, May 29th. Barclays lowered shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research note on Friday, May 29th. Royal Bank Of Canada began coverage on shares of Dell Technologies in a research note on Friday, May 29th. They issued an “outperform” rating on the stock. Melius Research set a $565.00 price target on shares of Dell Technologies in a research note on Friday, May 29th. Finally, Mizuho lifted their price target on shares of Dell Technologies from $435.00 to $500.00 and gave the company an “outperform” rating in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $475.76.

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.