J. Safra Sarasin Holding AG Buys Shares of 2,250 Dell Technologies Inc. $DELL

J. Safra Sarasin Holding AG bought a new stake in Dell Technologies Inc. (NYSE:DELL) in the first quarter, Holdings Channel.com reports. The institutional investor bought 2,250 shares of the technology company’s stock, valued at approximately $369,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Applied Finance Capital Management LLC raised its position in Dell Technologies by 12.9% during the first quarter. Applied Finance Capital Management LLC now owns 10,591 shares of the technology company’s stock valued at $1,738,000 after buying an additional 1,209 shares during the period. Brindle & Bay Financial Advisors LLC acquired a new stake in Dell Technologies during the 1st quarter worth about $204,000. Tradewinds LLC. purchased a new position in Dell Technologies during the 1st quarter valued at about $248,000. Lifeworks Advisors LLC increased its holdings in shares of Dell Technologies by 22.0% in the 1st quarter. Lifeworks Advisors LLC now owns 66,915 shares of the technology company’s stock valued at $10,983,000 after purchasing an additional 12,055 shares during the period. Finally, Procyon Advisors LLC lifted its position in shares of Dell Technologies by 35.9% in the first quarter. Procyon Advisors LLC now owns 21,951 shares of the technology company’s stock worth $3,603,000 after purchasing an additional 5,797 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the completion of the sale, the director owned 67,990 shares of the company’s stock, valued at $30,836,184.60. This represents a 50.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $15,814,486.26. Following the transaction, the director owned 43,961 shares in the company, valued at approximately $19,938,071.94. This trade represents a 44.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,434,758 shares of company stock valued at $1,448,870,683 in the last quarter. Company insiders own 41.50% of the company’s stock.

Dell Technologies Stock Down 9.9%

DELL stock opened at $412.17 on Thursday. The firm has a 50 day moving average of $366.72 and a two-hundred day moving average of $225.64. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $469.47. The company has a market capitalization of $267.13 billion, a price-to-earnings ratio of 32.74, a P/E/G ratio of 0.98 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $1.90. The business had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. Dell Technologies’s quarterly revenue was up 87.5% compared to the same quarter last year. During the same quarter in the previous year, the business 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. On average, research analysts expect that Dell Technologies Inc. will post 17.74 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The business 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 $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, July 21st. Dell Technologies’s dividend payout ratio (DPR) is presently 20.02%.

Wall Street Analyst Weigh In

DELL has been the subject of several research reports. Daiwa Securities Group raised their price target on shares of Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a report on Tuesday, June 2nd. William Blair assumed coverage on shares of Dell Technologies in a research report on Monday, June 1st. They issued a “neutral” rating for the company. CLSA raised shares of Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Jefferies Financial Group downgraded shares of Dell Technologies to a “hold” rating in a research note on Monday, June 1st. Finally, Citigroup assumed coverage on Dell Technologies in a report on Monday, June 1st. They set an “outperform” rating for the company. 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $492.76.

Key Stories Impacting Dell Technologies

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

• Negative Sentiment: AI hardware stocks sold off broadly, with commentary pointing to fears that the memory cycle may be peaking and that demand expectations for AI infrastructure may be too optimistic after a big run-up. TipRanks article on Dell stock tanks 14%
• Negative Sentiment: Reports also highlighted AI infrastructure overcapacity concerns, suggesting traders are reassessing whether Dell’s AI server growth story has already been fully priced in. Blockonomi article on AI infrastructure overcapacity concerns
• Negative Sentiment: Heavy insider selling added to the weak sentiment, including a recent disclosure that a Silver Lake-related director sold 34,869 shares, reinforcing profit-taking concerns after Dell’s powerful rally. SEC filing for Dell insider sale
• Negative Sentiment: Market coverage noted that Dell’s decline was larger than the broader market’s move, signaling that investors are rotating out of the name after a steep year-to-date advance. Zacks article on Dell bigger fall than the market

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.