Dell Technologies Inc. $DELL Shares Sold by Net Worth Advisory Group

Net Worth Advisory Group lowered its position in Dell Technologies Inc. (NYSE:DELL) by 49.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,185 shares of the technology company’s stock after selling 2,130 shares during the period. Net Worth Advisory Group’s holdings in Dell Technologies were worth $1,184,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of DELL. Collective Family Office LLC increased its holdings in Dell Technologies by 1.5% during the 3rd quarter. Collective Family Office LLC now owns 1,299 shares of the technology company’s stock valued at $699,000 after purchasing an additional 19 shares in the last quarter. Cornerstone Financial Management LLC boosted its stake in Dell Technologies by 56.1% in the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after purchasing an additional 23 shares in the last quarter. Noble Wealth Management PBC boosted its stake in Dell Technologies by 113.6% in the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after purchasing an additional 25 shares in the last quarter. Grandview Asset Management LLC grew its holdings in shares of Dell Technologies by 4.9% during the third quarter. Grandview Asset Management LLC now owns 536 shares of the technology company’s stock worth $288,000 after purchasing an additional 25 shares during the last quarter. Finally, Retirement Wealth Solutions LLC grew its holdings in shares of Dell Technologies by 41.3% during the third quarter. Retirement Wealth Solutions LLC now owns 89 shares of the technology company’s stock worth $48,000 after purchasing an additional 26 shares during the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Dell Technologies in a report on Wednesday, August 12th. Royal Bank Of Canada initiated coverage on shares of Dell Technologies in a research report on Thursday, September 10th. They set an “outperform” rating and a $640.00 price target on the stock. Susquehanna reissued a “positive” rating on shares of Dell Technologies in a report on Tuesday, September 29th. Cantor Fitzgerald started coverage on shares of Dell Technologies in a research report on Wednesday, September 2nd. They issued an “overweight” rating for the company. Finally, Daiwa Securities Group raised their price objective on shares of Dell Technologies from $465.00 to $625.00 and gave the company an “outperform” rating in a research report on Friday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $569.96.

Insider Buying and Selling at Dell Technologies

In related news, Director Spv-2 L.P. Sl sold 83,006 shares of the company’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total value of $42,942,324.04. Following the completion of the sale, the director owned 73,185 shares in the company, valued at approximately $37,861,527.90. This represents a 53.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $47,176,751.94. Following the completion of the transaction, the director directly owned 64,209 shares in the company, valued at $33,217,884.06. The trade was a 58.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,817,628 shares of company stock worth $990,253,476 over the last 90 days. 41.50% of the stock is owned by corporate insiders.

Dell Technologies News Roundup

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

• Positive Sentiment: AI-server rebound: Dell joined a broader recovery in AI infrastructure stocks as investors rotated back into last week’s laggards. The rebound followed a sharp sector sell-off and helped restore some confidence in demand for AI servers. AI Server Stocks Rally as Last Week’s Selloff Reverses
• Positive Sentiment: Investment in AI ecosystem: Dell and Nvidia are backing a $200 million funding round for AI-model developer doubleAI. The investment reinforces Dell’s ties to the expanding AI infrastructure and software ecosystem, although the direct financial impact is not yet clear. Nvidia, Dell back $200M round for AI model developer doubleAI
• Positive Sentiment: Cybersecurity collaboration: Dell is collaborating with PureCS to enhance cybersecurity services in the UAE, potentially supporting enterprise demand and expanding Dell’s solutions presence in the region. PureCS, Dell Technologies collaborate to enhance cybersecurity services in UAE
• Neutral Sentiment: Market sentiment improved broadly: The wider AI trade recovered as last week’s decliners led a market rebound, providing a favorable backdrop for Dell but not changing the company’s fundamental outlook. The AI Trade Is Working Again
• Negative Sentiment: Ongoing AI valuation and margin concerns: Dell remains exposed to the continuing AI-stock sell-off. Barclays reportedly warned that recent server revenue growth may reflect elevated component costs rather than broad-based enterprise AI adoption, raising questions about margins and the durability of demand. Why Dell Technologies Stock Took a Dive Last Week

Dell Technologies Price Performance

DELL opened at $454.79 on Tuesday. The firm has a 50 day simple moving average of $514.49 and a 200 day simple moving average of $396.96. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $595.51. The company has a market cap of $289.16 billion, a price-to-earnings ratio of 26.03, a price-to-earnings-growth ratio of 0.47 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. During the same period last year, the firm earned $1.70 earnings per share. The business’s revenue for the quarter was up 57.7% on a year-over-year basis. 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, analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be paid 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 is 14.63%.

About Dell Technologies

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.