Dell Technologies Inc. $DELL Shares Sold by KRS Capital Management LLC

KRS Capital Management LLC decreased its position in shares of Dell Technologies Inc. (NYSE:DELL) by 39.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,362 shares of the technology company’s stock after selling 1,552 shares during the quarter. KRS Capital Management LLC’s holdings in Dell Technologies were worth $388,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Commonwealth Retirement Investments LLC acquired a new position in Dell Technologies during the fourth quarter worth $25,000. Rossby Financial LCC boosted its position in Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after purchasing an additional 184 shares in the last quarter. Navalign LLC acquired a new stake in Dell Technologies in the fourth quarter valued at $29,000. Kemnay Advisory Services Inc. purchased a new position in shares of Dell Technologies in the fourth quarter valued at $29,000. Finally, WealthCollab LLC increased its position in shares of Dell Technologies by 82.0% in the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after buying an additional 114 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies News Summary

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

• Positive Sentiment: Dell’s AI server and rack-scale infrastructure business continues to gain traction, with reports of major shipments and strong demand supporting the growth narrative.
• Positive Sentiment: Market commentary continues to view Dell as a top AI and enterprise infrastructure play, reinforcing investor interest in the stock.
• Positive Sentiment: Coverage noting Michael Dell’s rising wealth underscores how strongly the shares have performed and helped keep sentiment upbeat.
• Neutral Sentiment: Dell’s newly announced quarterly dividend supports the stock’s income profile, but it is not the main driver of the move.
• Negative Sentiment: Recent insider selling by executives and directors may create some near-term caution around valuation and sentiment.
• Negative Sentiment: Some investors are questioning whether Dell’s premium valuation leaves less room for upside after a sharp run.

Insider Activity

In other Dell Technologies news, insider William F. Scannell sold 143,067 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $165.00, for a total value of $23,606,055.00. Following the completion of the transaction, the insider directly owned 21,779 shares in the company, valued at approximately $3,593,535. The trade was a 86.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $86,928,791.95. Following the transaction, the director directly owned 24,287 shares in the company, valued at approximately $11,123,203.13. This represents a 88.66% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 4,476,318 shares of company stock worth $1,490,167,546. 41.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on DELL shares. Raymond James Financial lowered shares of Dell Technologies from an “outperform” rating to a “market perform” rating in a research report on Friday, May 29th. Loop Capital raised their target price on shares of Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a report on Friday, May 29th. Wolfe Research cut shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research report on Friday, May 29th. Roth Mkm initiated coverage on shares of Dell Technologies in a report on Friday, May 29th. They issued a “buy” rating on the stock. Finally, Barclays cut shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $475.76.

Dell Technologies Stock Up 0.1%

DELL opened at $410.00 on Friday. The firm has a market cap of $264.76 billion, a P/E ratio of 32.57, a PEG ratio of 0.88 and a beta of 1.30. The business’s fifty day simple moving average is $288.00 and its 200 day simple moving average is $188.62. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $469.47.

Dell Technologies (NYSE:DELL) last announced 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. The firm had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm’s revenue for the quarter was up 87.5% on a year-over-year basis. During the same quarter in the previous year, the company 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. As a group, equities analysts expect that Dell Technologies Inc. will post 17.6 EPS for the current fiscal year.

Dell Technologies Announces Dividend

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

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.