Dell Technologies (NYSE:DELL) Director Sells $31,160,919.24 in Stock

Dell Technologies Inc. (NYSE:DELL) Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $31,160,919.24. Following the completion of the transaction, the director directly owned 67,990 shares in the company, valued at approximately $30,836,184.60. This trade represents a 50.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Wednesday, July 8th, Silver Lake Partners Iv, L.P. sold 72,854 shares of Dell Technologies stock. The stock was sold at an average price of $427.15, for a total value of $31,119,586.10.
• On Monday, July 6th, Silver Lake Partners Iv, L.P. sold 72,766 shares of Dell Technologies stock. The shares were sold at an average price of $410.52, for a total value of $29,871,898.32.
• On Friday, June 12th, Silver Lake Partners Iv, L.P. sold 39,537 shares of Dell Technologies stock. The shares were sold at an average price of $403.12, for a total value of $15,938,155.44.
• On Thursday, June 11th, Silver Lake Partners Iv, L.P. sold 62,403 shares of Dell Technologies stock. The stock was sold at an average price of $380.25, for a total transaction of $23,728,740.75.
• On Wednesday, June 10th, Silver Lake Partners Iv, L.P. sold 71,640 shares of Dell Technologies stock. The shares were sold at an average price of $380.47, for a total transaction of $27,256,870.80.
• On Wednesday, June 10th, Silver Lake Partners Iv, L.P. sold 46,946 shares of Dell Technologies stock. The shares were sold at an average price of $394.99, for a total transaction of $18,543,200.54.
• On Tuesday, June 9th, Silver Lake Partners Iv, L.P. sold 26,964 shares of Dell Technologies stock. The stock was sold at an average price of $390.31, for a total value of $10,524,318.84.
• On Tuesday, June 9th, Silver Lake Partners Iv, L.P. sold 5,327 shares of Dell Technologies stock. The shares were sold at an average price of $404.68, for a total value of $2,155,730.36.
• On Monday, June 8th, Silver Lake Partners Iv, L.P. sold 138,885 shares of Dell Technologies stock. The shares were sold at an average price of $398.13, for a total value of $55,294,285.05.
• On Friday, June 5th, Silver Lake Partners Iv, L.P. sold 89,648 shares of Dell Technologies stock. The shares were sold at an average price of $403.01, for a total value of $36,129,040.48.

Dell Technologies Price Performance

DELL opened at $412.17 on Thursday. The firm has a market capitalization of $267.13 billion, a PE ratio of 32.74, a price-to-earnings-growth ratio of 0.98 and a beta of 1.31. The business’s 50-day moving average is $366.72 and its two-hundred day moving average is $225.64. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $469.47.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. During the same period last year, the business earned $1.55 EPS. The company’s revenue 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. As a group, sell-side analysts expect that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, July 21st. Dell Technologies’s dividend payout ratio is presently 20.02%.

Institutional Investors Weigh In On Dell Technologies

Several hedge funds have recently modified their holdings of the company. Commonwealth Retirement Investments LLC purchased a new position in Dell Technologies during the fourth quarter worth approximately $25,000. Rossby Financial LCC increased its position in shares of Dell Technologies by 968.4% in the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after buying an additional 184 shares in the last quarter. Navalign LLC acquired a new position in shares of Dell Technologies during the 4th quarter worth approximately $29,000. Kemnay Advisory Services Inc. purchased a new position in shares of Dell Technologies during the 4th quarter valued at approximately $29,000. Finally, WealthCollab LLC lifted its position in shares of Dell Technologies by 82.0% during the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after buying an additional 114 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on DELL shares. The Goldman Sachs Group increased their price objective on Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a report on Monday, June 1st. Daiwa Securities Group lifted their price objective on shares of Dell Technologies from $170.00 to $465.00 and gave the company an “outperform” rating in a research note on Tuesday, June 2nd. CLSA upgraded shares of Dell Technologies to an “outperform” rating in a research report on Friday, May 29th. Mizuho increased their price target on Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a research report on Monday, June 1st. Finally, Roth Capital started coverage on Dell Technologies in a research note on Friday, May 29th. They issued a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $492.76.

Key Headlines 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

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.