Dell Technologies (NYSE:DELL) Director Spv-2 L.P. Sl Sells 34,257 Shares

Dell Technologies Inc. (NYSE:DELL) Director Spv-2 L.P. Sl sold 34,257 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $403.12, for a total transaction of $13,809,681.84. Following the sale, the director directly owned 91,809 shares in the company, valued at approximately $37,010,044.08. This represents a 27.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Spv-2 L.P. Sl also recently made the following trade(s):

• On Thursday, June 11th, Spv-2 L.P. Sl sold 54,093 shares of Dell Technologies stock. The stock was sold at an average price of $380.25, for a total transaction of $20,568,863.25.
• On Wednesday, June 10th, Spv-2 L.P. Sl sold 62,084 shares of Dell Technologies stock. The stock was sold at an average price of $380.47, for a total transaction of $23,621,099.48.
• On Wednesday, June 10th, Spv-2 L.P. Sl sold 40,686 shares of Dell Technologies stock. The stock was sold at an average price of $394.99, for a total transaction of $16,070,563.14.
• On Tuesday, June 9th, Spv-2 L.P. Sl sold 25,436 shares of Dell Technologies stock. The stock was sold at an average price of $390.31, for a total transaction of $9,927,925.16.
• On Tuesday, June 9th, Spv-2 L.P. Sl sold 5,025 shares of Dell Technologies stock. The stock was sold at an average price of $404.68, for a total transaction of $2,033,517.00.
• On Monday, June 8th, Spv-2 L.P. Sl sold 131,040 shares of Dell Technologies stock. The shares were sold at an average price of $398.13, for a total transaction of $52,170,955.20.
• On Friday, June 5th, Spv-2 L.P. Sl sold 84,583 shares of Dell Technologies stock. The shares were sold at an average price of $403.00, for a total transaction of $34,086,949.00.
• On Thursday, June 4th, Spv-2 L.P. Sl sold 72,728 shares of Dell Technologies stock. The shares were sold at an average price of $414.43, for a total transaction of $30,140,665.04.
• On Thursday, June 4th, Spv-2 L.P. Sl sold 83,742 shares of Dell Technologies stock. The shares were sold at an average price of $424.55, for a total transaction of $35,552,666.10.
• On Wednesday, June 3rd, Spv-2 L.P. Sl sold 78,236 shares of Dell Technologies stock. The shares were sold at an average price of $422.98, for a total transaction of $33,092,263.28.

Dell Technologies Trading Down 1.2%

Dell Technologies stock opened at $404.07 on Wednesday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $469.47. The company has a market cap of $260.93 billion, a PE ratio of 32.09, a PEG ratio of 0.88 and a beta of 1.30. The company’s 50-day moving average is $273.91 and its two-hundred day moving average is $183.09.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) 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 company had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the prior year, the company posted $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. Research analysts forecast that Dell Technologies Inc. will post 17.6 EPS for the current year.

Wall Street Analyst Weigh In

DELL has been the topic of a number of analyst reports. Barclays downgraded shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. Piper Sandler increased their price target on shares of Dell Technologies from $167.00 to $497.00 and gave the company an “overweight” rating in a research report on Friday, May 29th. Wells Fargo & Company increased their price target on shares of Dell Technologies from $270.00 to $505.00 and gave the company an “overweight” rating in a research report on Friday, May 29th. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Finally, Bank of America increased their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $475.76.

Institutional Trading of Dell Technologies

Hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC grew 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 worth $347,000 after acquiring an additional 901 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Dell Technologies during the 2nd quarter worth approximately $328,000. Marshall Wace LLP bought a new position in shares of Dell Technologies during the 2nd quarter worth approximately $809,000. Gamco Investors INC. ET AL grew its stake in shares of 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 worth $819,000 after acquiring an additional 1,550 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake 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 in the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Key Dell Technologies News

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

• Positive Sentiment: Dell Federal Systems won a $1.44 billion U.S. Air Force contract, adding to the company’s growing government business and reinforcing demand for its enterprise infrastructure offerings. Dell Wins $1.44B Microsoft License Deal
• Positive Sentiment: Several bullish articles highlighted Dell’s AI server momentum, including reports that AI server revenue has surged and that the market may still be underestimating Dell’s AI opportunity. Dell’s Momentum Score Jumps As AI Server Revenue Surges Over 750% Amid Data Center Demand The Dell Story Is No Longer Just About PCs. Here’s Why the Stock Still Looks Undervalued.
• Positive Sentiment: Analyst commentary remained constructive, with a report saying Dell looks cheap relative to higher forecast revisions and another noting Wall Street recommendations still average to a Buy. Dell Stock Looks Cheap Here With Higher Analyst Forecasts – Short Put Plays Are Attractive Wall Street Analysts Think Dell Technologies (DELL) Is a Good Investment: Is It?
• Positive Sentiment: Dell also continues to benefit from broad investor interest after strong earnings and a narrative that its AI backlog keeps building, which supports the stock’s longer-term growth case. DELL Stock Pulled Back. The AI Backlog Keeps Building
• Neutral Sentiment: Dell completed a $3 billion senior notes offering, which may support liquidity and capital structure flexibility, but it also increases leverage and is not clearly a direct near-term catalyst. Dell Technologies Completes $3 Billion Senior Notes Offering
• Negative Sentiment: Multiple Dell insiders and Silver Lake-related directors sold shares recently, which can weigh on sentiment even if the sales were preplanned or routine. SEC filing: David W. Dorman sale
• Negative Sentiment: One industry report warned that memory shortages are disrupting server supply chains, a possible headwind for Dell’s server shipments and margins. Dell, HPE server supply upended by memory crunch

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.