Insider Selling: Dell Technologies (NYSE:DELL) Director Sells 12,022 Shares

Dell Technologies Inc. (NYSE:DELLGet Free Report) Director Lynn Vojvodich Radakovich sold 12,022 shares of the firm’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $421.00, for a total value of $5,061,262.00. Following the transaction, the director owned 25,267 shares of the company’s stock, valued at $10,637,407. This trade represents a 32.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Dell Technologies Trading Up 1.3%

DELL stock traded up $5.75 during trading on Wednesday, hitting $433.53. The company had a trading volume of 6,189,028 shares, compared to its average volume of 8,752,539. The stock has a market cap of $280.97 billion, a PE ratio of 34.43, a PEG ratio of 0.90 and a beta of 1.30. The business has a 50-day moving average of $297.73 and a 200-day moving average of $193.08. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $469.47.

Dell Technologies (NYSE:DELLGet Free Report) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. During the same quarter in the previous year, the company earned $1.55 EPS. The company’s revenue for the quarter was up 87.5% on a year-over-year basis. 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.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, July 21st. Dell Technologies’s dividend payout ratio (DPR) is presently 20.02%.

More Dell Technologies News

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DELL. Ariadne Wealth Management LP increased its holdings in shares of Dell Technologies by 1.6% during the first quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company’s stock valued at $508,000 after acquiring an additional 49 shares in the last quarter. Bell Investment Advisors Inc lifted its holdings in shares of Dell Technologies by 19.3% in the 1st quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock worth $53,000 after purchasing an additional 52 shares in the last quarter. Vectors Research Management LLC grew its position in Dell Technologies by 0.4% in the 1st quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company’s stock valued at $2,404,000 after purchasing an additional 55 shares during the period. Raleigh Capital Management Inc. increased its stake in Dell Technologies by 6.9% during the 1st quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company’s stock valued at $171,000 after purchasing an additional 67 shares in the last quarter. Finally, Equitable Trust Co. increased its stake in Dell Technologies by 2.9% during the 1st quarter. Equitable Trust Co. now owns 2,506 shares of the technology company’s stock valued at $411,000 after purchasing an additional 71 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on DELL shares. Citic Securities upped their target price on Dell Technologies from $160.00 to $505.00 and gave the company a “buy” rating in a research report on Monday, June 1st. Melius Research set a $565.00 price target on Dell Technologies in a research note on Friday, May 29th. The Goldman Sachs Group increased their price target on Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Susquehanna set a $289.00 price objective on shares of Dell Technologies and gave the stock a “neutral” rating in a research report on Friday, May 29th. Finally, HSBC upgraded shares of Dell Technologies to a “buy” rating in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $490.38.

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About Dell Technologies

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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.

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Insider Buying and Selling by Quarter for Dell Technologies (NYSE:DELL)

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