Secure Asset Management LLC Sells 4,191 Shares of Dell Technologies Inc. $DELL

Secure Asset Management LLC lowered its stake in Dell Technologies Inc. (NYSE:DELL) by 38.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,725 shares of the technology company’s stock after selling 4,191 shares during the period. Secure Asset Management LLC’s holdings in Dell Technologies were worth $2,902,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in shares of Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after buying an additional 901 shares during the period. Sivia Capital Partners LLC purchased a new stake in Dell Technologies in the second quarter worth about $328,000. Marshall Wace LLP purchased a new stake in Dell Technologies in the second quarter worth about $809,000. Gamco Investors INC. ET AL boosted its position in Dell Technologies by 30.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock valued at $819,000 after acquiring an additional 1,550 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of Dell Technologies by 147.2% during the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after acquiring an additional 34,538 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies Stock Performance

Shares of DELL stock opened at $422.54 on Wednesday. The company has a market capitalization of $273.85 billion, a price-to-earnings ratio of 33.56, a price-to-earnings-growth ratio of 0.94 and a beta of 1.34. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $514.00. The company’s 50-day moving average is $433.44 and its 200 day moving average is $301.96.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. The firm had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The business’s revenue was up 57.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.70 earnings per share. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. As a group, research analysts predict that Dell Technologies Inc. will post 18.32 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is presently 20.02%.

Insider Buying and Selling at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 131,040 shares of Dell Technologies stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $398.13, for a total value of $52,170,955.20. Following the completion of the sale, the director directly owned 12,619 shares in the company, valued at $5,024,002.47. The trade was a 91.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Silver Lake Partners Iv, L.P. sold 138,885 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $398.13, for a total transaction of $55,294,285.05. Following the transaction, the director owned 8,585 shares in the company, valued at approximately $3,417,946.05. This trade represents a 94.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,134,674 shares of company stock valued at $870,637,926 in the last 90 days. Company insiders own 41.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DELL shares. CLSA upgraded Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Wells Fargo & Company increased their price objective on Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a report on Friday, August 14th. Argus raised their price objective on Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Roth Capital started coverage on shares of Dell Technologies in a report on Friday, May 29th. They set a “buy” rating on the stock. Finally, Citigroup increased their price target on shares of Dell Technologies from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $485.23.

Key Dell Technologies News

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

• Positive Sentiment: Record results beat expectations. Dell reported quarterly revenue of approximately $47.0 billion, up 57.7% year over year and above the roughly $44.9 billion consensus estimate. Earnings of $7.04 per share also exceeded expectations near $4.91-$4.97 and rose significantly from $2.32 a year ago. Dell Technologies Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: AI server demand accelerated. AI-optimized server revenue reached $16.4 billion, approximately doubling year over year, while AI server orders totaled $60.9 billion. Infrastructure Solutions Group revenue increased 89% to $31.8 billion, highlighting Dell’s positioning in the data-center buildout. Dell Again Lifts Forecasts as AI Demand Powers Record Results
• Positive Sentiment: Management raised guidance well above Wall Street estimates. Fiscal 2027 revenue guidance increased to $192 billion and EPS guidance to $25.50, compared with consensus estimates of approximately $173.9 billion and $18.72. Third-quarter guidance also called for $49 billion of revenue and $6.50 EPS, well ahead of analyst expectations. Dell Boosts Fiscal-Year Outlook as Server Revenue Surges
• Positive Sentiment: A large backlog supports forward revenue visibility. Dell’s AI-server backlog reportedly reached about $95 billion, while the company returned a record $4.3 billion to shareholders through repurchases and dividends and maintained its quarterly dividend at $0.63 per share. Dell’s AI Servers Drive a Stellar Earnings Performance
• Neutral Sentiment: The stock’s reaction may remain volatile. Options markets had implied a roughly 11% post-earnings move, reflecting the unusually high expectations after a major year-to-date rally. Investors are likely to focus on backlog conversion, supply availability and AI-server profitability.
• Negative Sentiment: Valuation leaves limited room for disappointment. Before the report, analysts warned that strong revenue alone might not sustain the rally if memory costs, supply constraints or server margins weaken. Broader pressure on technology stocks from rising Treasury yields, higher oil prices and inflation concerns also weighed on sentiment. Dell Stock Falls Before Earnings
• Negative Sentiment: Reported insider activity was heavily weighted toward selling. The cited data showed no insider purchases over the past six months, while executives and affiliated holders sold shares. This is not necessarily a fundamental signal, but it may temper sentiment following the sharp advance.

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.