Dell Technologies (NYSE:DELL) Stock Price Down 3.3% Following Insider Selling

Dell Technologies Inc. (NYSE:DELL) shares were down 3.3% during mid-day trading on Wednesday after an insider sold shares in the company. The company traded as low as $407.00 and last traded at $421.0330. Approximately 13,986,557 shares were traded during trading, an increase of 60% from the average daily volume of 8,745,562 shares. The stock had previously closed at $435.31.

Specifically, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the stock in a transaction dated 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 sale, the director owned 24,287 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 35,453 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $445.96, for a total transaction of $15,810,619.88. Following the sale, the director directly owned 126,193 shares in the company, valued at approximately $56,277,030.28. The trade was a 21.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In other Dell Technologies news, Director Silver Lake Partners V. De (Aiv sold 79,602 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $36,456,919.98. Following the completion of the transaction, the director owned 46,592 shares of the company’s stock, valued at $21,338,670.08. This trade represents a 63.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on DELL shares. Guggenheim raised Dell Technologies to a “buy” rating in a research report on Monday. CLSA raised Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Truist Financial increased their price target on Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a research report on Friday, May 29th. The Goldman Sachs Group upped their target price on shares of Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Argus raised their target price on shares of Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a report on Friday, May 29th. One 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 company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $475.76.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell’s recent earnings beat was very strong, with EPS of $4.86 versus $2.96 expected and revenue of $43.84 billion versus $35.74 billion expected, reinforcing the view that AI infrastructure demand is boosting growth. Article Title
• Positive Sentiment: Multiple reports highlighted Dell as a major beneficiary of the AI buildout, with commentary describing it as an AI infrastructure winner rather than just a PC maker, which supports the stock’s rerating. Article Title
• Positive Sentiment: Dell and Nvidia unveiled new AI PC products, including the XPS 16 Creator Edition powered by RTX Spark, expanding Dell’s AI story beyond servers into consumer and business devices. Article Title
• Positive Sentiment: Dell also received a Zacks Rank #1 “Strong Buy” upgrade, signaling rising analyst optimism and adding momentum-trader support. Article Title

Dell Technologies Stock Performance

The firm has a market capitalization of $261.69 billion, a price-to-earnings ratio of 32.17, a PEG ratio of 1.24 and a beta of 1.30. The company has a 50-day moving average price of $238.55 and a 200-day moving average price of $167.92.

Dell Technologies (NYSE:DELL) last posted its earnings results 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. The firm had revenue of $43.84 billion during 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 firm’s 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 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. On average, research analysts expect that Dell Technologies Inc. will post 12.93 earnings per share for the current fiscal year.

Institutional Trading of Dell Technologies

Several institutional investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in Dell Technologies in the fourth quarter valued at $607,349,000. Wellington Management Group LLP grew its holdings in shares of Dell Technologies by 4,279.1% during the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock worth $426,129,000 after purchasing an additional 2,937,137 shares during the last quarter. Invesco Ltd. increased its position in shares of Dell Technologies by 50.4% during the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after purchasing an additional 2,445,854 shares in the last quarter. Michael & Susan Dell Foundation lifted its holdings in shares of Dell Technologies by 533.3% in the 4th quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock valued at $337,652,000 after purchasing an additional 2,258,797 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in shares of Dell Technologies by 541.9% in the 3rd quarter. Franklin Resources Inc. now owns 1,996,557 shares of the technology company’s stock valued at $283,052,000 after purchasing an additional 1,685,529 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Dell Technologies Company 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.