Dell Technologies Inc. $DELL Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt cut its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 98.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,323 shares of the technology company’s stock after selling 123,600 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Dell Technologies were worth $381,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its stake in shares of Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after acquiring an additional 901 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Dell Technologies in the second quarter worth approximately $328,000. Marshall Wace LLP purchased a new stake in Dell Technologies in the second quarter valued at approximately $809,000. Gamco Investors INC. ET AL increased its position in Dell Technologies by 30.2% during the second quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after purchasing an additional 1,550 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in Dell Technologies by 147.2% during the second quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after purchasing an additional 34,538 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling

In related news, Director Lake Group L.L.C. Silver sold 16,679 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $396.37, for a total transaction of $6,611,055.23. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 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 value of $15,814,486.26. Following the completion of the transaction, the director owned 43,961 shares of the company’s stock, valued at approximately $19,938,071.94. This represents a 44.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 3,434,758 shares of company stock worth $1,448,870,683 over the last three months. 41.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

DELL has been the topic of a number of research analyst reports. Barclays lowered shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a report on Friday, May 29th. Mizuho upped their price objective on Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. Argus lifted their target price on Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a report on Friday, May 29th. Truist Financial boosted 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. Finally, Roth Capital began coverage on Dell Technologies in a research note on Friday, May 29th. They set a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $492.76.

Dell Technologies Stock Down 9.9%

Dell Technologies stock opened at $412.17 on Thursday. The firm has a fifty day moving average of $366.72 and a 200-day moving average of $225.64. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $469.47. The firm has a market capitalization of $267.13 billion, a P/E ratio of 32.74, a PEG ratio of 0.98 and a beta of 1.31.

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, beating 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 business had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. During the same quarter in the previous year, the business posted $1.55 EPS. The business’s quarterly revenue was up 87.5% on a year-over-year basis. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, July 21st. Dell Technologies’s payout ratio is currently 20.02%.

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

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.