Dell Technologies Inc. (NYSE:DELL – Get Free Report) Director Silver Lake Partners Iv, L.P. sold 62,403 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $380.25, for a total transaction of $23,728,740.75. Following the completion of the sale, the director owned 57,380 shares in the company, valued at $21,818,745. The trade was a 52.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Silver Lake Partners Iv, L.P. also recently made the following trade(s):
- On Wednesday, June 10th, Silver Lake Partners Iv, L.P. sold 71,640 shares of Dell Technologies stock. The stock was sold at an average price of $380.47, for a total transaction of $27,256,870.80.
- On Wednesday, June 10th, Silver Lake Partners Iv, L.P. sold 46,946 shares of Dell Technologies stock. The stock was sold at an average price of $394.99, for a total transaction of $18,543,200.54.
- On Tuesday, June 9th, Silver Lake Partners Iv, L.P. sold 26,964 shares of Dell Technologies stock. The stock was sold at an average price of $390.31, for a total transaction of $10,524,318.84.
- On Tuesday, June 9th, Silver Lake Partners Iv, L.P. sold 5,327 shares of Dell Technologies stock. The shares were sold at an average price of $404.68, for a total transaction of $2,155,730.36.
- On Monday, June 8th, Silver Lake Partners Iv, L.P. sold 138,885 shares of Dell Technologies stock. The shares were sold at an average price of $398.13, for a total transaction of $55,294,285.05.
- On Friday, June 5th, Silver Lake Partners Iv, L.P. sold 89,648 shares of Dell Technologies stock. The shares were sold at an average price of $403.01, for a total transaction of $36,129,040.48.
- On Thursday, June 4th, Silver Lake Partners Iv, L.P. sold 90,304 shares of Dell Technologies stock. The shares were sold at an average price of $424.55, for a total transaction of $38,338,563.20.
- On Thursday, June 4th, Silver Lake Partners Iv, L.P. sold 78,425 shares of Dell Technologies stock. The shares were sold at an average price of $414.43, for a total transaction of $32,501,672.75.
- On Wednesday, June 3rd, Silver Lake Partners Iv, L.P. sold 84,365 shares of Dell Technologies stock. The shares were sold at an average price of $422.98, for a total transaction of $35,684,707.70.
- On Tuesday, June 2nd, Silver Lake Partners Iv, L.P. sold 176,754 shares of Dell Technologies stock. The shares were sold at an average price of $438.91, for a total transaction of $77,579,098.14.
Dell Technologies Stock Up 3.2%
Shares of DELL stock traded up $12.76 during trading hours on Monday, reaching $408.33. 7,020,201 shares of the stock traded hands, compared to its average volume of 8,771,188. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $469.47. The business has a fifty day moving average price of $269.31 and a 200 day moving average price of $181.19. The firm has a market capitalization of $263.68 billion, a PE ratio of 32.43, a PEG ratio of 0.85 and a beta of 1.30.
Institutional Trading of Dell Technologies
Large investors have recently added to or reduced their stakes in the business. Campbell Capital Management Inc. grew its holdings in Dell Technologies by 34.0% during the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock worth $10,094,000 after acquiring an additional 20,362 shares during the last quarter. ProShare Advisors LLC grew its holdings in Dell Technologies by 10.5% during the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after acquiring an additional 7,642 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in Dell Technologies during the 4th quarter worth about $23,332,000. Tectonic Advisors LLC bought a new stake in Dell Technologies during the 4th quarter worth about $5,620,000. Finally, Nordea Investment Management AB grew its holdings in Dell Technologies by 437.4% during the 4th quarter. Nordea Investment Management AB now owns 775,652 shares of the technology company’s stock worth $98,578,000 after acquiring an additional 631,315 shares during the last quarter. 76.37% of the stock is owned by institutional investors.
More Dell Technologies News
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Wall Street analyst sentiment remains favorable, with the average brokerage recommendation on Dell equivalent to a Buy, which can reinforce bullish momentum in the stock. Wall Street Analysts Think Dell Technologies (DELL) Is a Good Investment: Is It?
- Positive Sentiment: Dell continues to benefit from AI infrastructure demand, including collaboration with AMD on UK AI supercomputing projects, which supports the long-term growth narrative for Dell’s servers and enterprise hardware. Is AMD’s £2 Billion UK AI Bet Altering The Investment Case For Advanced Micro Devices (AMD)?
- Positive Sentiment: Recent coverage says Dell is still a trending and widely watched stock, and articles highlighting a sharp rally and rising analyst targets can attract additional buying interest. Michael Dell’s Net Worth Jumps $72 Billion on Dell Rally, and Analysts Predict Further Gains
- Positive Sentiment: One bullish take argues Dell is positioned to benefit from powerful AI and server tailwinds, suggesting continued upside if enterprise demand stays strong. A $1.24 Trillion Reason to Buy Dell Stock Now
- Neutral Sentiment: Several Zacks and Yahoo Finance pieces mainly note that Dell is a trending stock and review existing bullish sentiment, but they do not add major new fundamentals. Dell Technologies Inc. (DELL) Is a Trending Stock: Facts to Know Before Betting on It
- Negative Sentiment: A CIO Dive report warns that a memory-chip crunch is disrupting server supply across Dell and HPE, which could pressure near-term shipments, margins, or delivery timelines if shortages persist. Dell, HPE server supply upended by memory crunch
Wall Street Analyst Weigh In
Several research analysts have weighed in on the stock. The Goldman Sachs Group upped their price objective on shares of Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Barclays lowered shares of Dell Technologies from an “overweight” rating to a “reduce” rating in a research note on Friday, May 29th. Argus upped their price objective on shares of Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Finally, Royal Bank Of Canada assumed coverage on shares of Dell Technologies in a research note on Friday, May 29th. They issued an “outperform” rating on the stock. 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 issued a Sell rating to the stock. According to MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $475.76.
Read Our Latest Analysis on Dell Technologies
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.
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