Dell Technologies (NYSE:DELL) Stock Price Down 6.2% After Insider Selling

Dell Technologies Inc. (NYSE:DELL)’s stock price traded down 6.2% during mid-day trading on Friday after an insider sold shares in the company. The company traded as low as $386.28 and last traded at $395.7170. 10,415,096 shares changed hands during mid-day trading, an increase of 18% from the average session volume of 8,796,688 shares. The stock had previously closed at $422.05.

Specifically, Director Silver Lake Partners V. De (Aiv sold 8,118 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $458.12, for a total transaction of $3,719,018.16. Following the sale, the director owned 79,906 shares of the company’s stock, valued at $36,606,536.72. This trade represents a 9.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Spv-2 L.P. Sl sold 164,047 shares of Dell Technologies stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $438.91, for a total value of $72,001,868.77. Following the completion of the sale, the director directly owned 44,163 shares of the company’s stock, valued at $19,383,582.33. The trade was a 78.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In other Dell Technologies news, Director Spv-2 L.P. Sl sold 17,932 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $458.12, for a total value of $8,215,007.84. Following the transaction, the director directly owned 26,232 shares in the company, valued at approximately $12,017,403.84. This trade represents a 40.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Wall Street Analyst Weigh In

A number of analysts have commented on DELL shares. HSBC upgraded Dell Technologies to a “buy” rating in a research report on Friday, May 29th. Wells Fargo & Company boosted their price target on shares of Dell Technologies from $270.00 to $505.00 and gave the stock an “overweight” rating in a research note on Friday, May 29th. Bank of America raised their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the company a “buy” rating in a report on Friday, May 29th. Barclays lowered Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. Finally, CLSA upgraded shares of Dell Technologies to an “outperform” rating in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $475.76.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Dell continues to benefit from strong AI demand, with articles highlighting record AI server orders, a raised AI server revenue outlook, and commentary that the company is becoming a key AI infrastructure supplier rather than just a PC maker. Article Title
• Positive Sentiment: Analysts and momentum traders are turning more bullish, with multiple price target increases and a Zacks Strong Buy call supporting the view that Dell’s recent earnings beat could have more upside. Article Title
• Positive Sentiment: Dell and Nvidia unveiled new AI PC products, including the XPS 16 Creator Edition powered by RTX Spark, which expands Dell’s AI story beyond servers and into consumer and business PCs. Article Title
• Neutral Sentiment: Several Silver Lake-related directors disclosed large share sales, which may create short-term caution, but the transactions appear more like profit-taking after a sharp rally than a sign of business deterioration. Article Title

Dell Technologies Price Performance

The company has a market capitalization of $255.53 billion, a PE ratio of 31.43, a price-to-earnings-growth ratio of 1.24 and a beta of 1.30. The company’s fifty day moving average is $238.55 and its 200-day moving average is $167.92.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts’ consensus estimates 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 quarterly revenue was up 87.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.55 EPS. 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. Equities research analysts forecast that Dell Technologies Inc. will post 12.93 EPS for the current fiscal year.

Institutional Trading of Dell Technologies

A number of institutional investors have recently made changes to their positions in DELL. Commonwealth Retirement Investments LLC acquired a new stake in Dell Technologies in the fourth quarter worth about $25,000. Rossby Financial LCC lifted its stake in Dell Technologies by 968.4% during the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after acquiring an additional 184 shares during the period. Navalign LLC acquired a new position in Dell Technologies during the fourth quarter valued at $29,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Dell Technologies in the fourth quarter worth about $29,000. Finally, WealthCollab LLC boosted its position in Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares in the last quarter. Institutional investors and hedge funds 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.