Dell Technologies Inc. $DELL Shares Acquired by Demars Financial Group LLC

Demars Financial Group LLC lifted its position in shares of Dell Technologies Inc. (NYSE:DELL) by 114.9% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 9,527 shares of the technology company’s stock after buying an additional 5,093 shares during the period. Dell Technologies accounts for approximately 0.5% of Demars Financial Group LLC’s portfolio, making the stock its 24th largest holding. Demars Financial Group LLC’s holdings in Dell Technologies were worth $1,564,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Austin Asset Management Co Inc grew its stake in Dell Technologies by 14.3% in the 1st quarter. Austin Asset Management Co Inc now owns 17,772 shares of the technology company’s stock worth $2,917,000 after acquiring an additional 2,222 shares during the period. Frank Rimerman Advisors LLC lifted its stake in shares of Dell Technologies by 14.3% during the 1st quarter. Frank Rimerman Advisors LLC now owns 8,406 shares of the technology company’s stock worth $1,380,000 after purchasing an additional 1,053 shares during the period. Axxcess Wealth Management LLC boosted its holdings in shares of Dell Technologies by 74.7% during the first quarter. Axxcess Wealth Management LLC now owns 8,901 shares of the technology company’s stock worth $1,461,000 after purchasing an additional 3,807 shares during the last quarter. Childress Capital Advisors LLC acquired a new stake in shares of Dell Technologies during the first quarter worth $304,000. Finally, Marino Stram & Associates LLC purchased a new stake in shares of Dell Technologies in the first quarter valued at $201,000. 76.37% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Evercore reportedly raised its price target on Dell Technologies (DELL) on stronger AI demand expectations, reinforcing the market’s view that Dell’s AI server business still has room to grow. Dell Technologies in spotlight as Evercore ups price target on AI prospects
• Positive Sentiment: Recent trading chatter and a “power inflow” signal point to strong buying pressure in DELL, with traders betting on continued momentum in the stock. Dell Shares Rise 4% After Key Trading Signal
• Positive Sentiment: Media attention around President Trump repeatedly urging Americans to “buy Dell” has added to the stock’s visibility and helped fuel momentum in DELL. Dell Stock Jumps After Trump Urges Americans to ‘Buy Dell Computers’
• Neutral Sentiment: Multiple disclosures showed large equity sales by Silver Lake-related directors at about $410.52 per share, which may raise questions about insider sentiment but do not necessarily change Dell’s operating outlook. SEC filing
• Negative Sentiment: The insider selling is sizable, with several directors cutting positions by more than 60%, which could weigh on investor confidence in Dell Technologies (DELL) even amid the bullish AI narrative. SEC filing
• Negative Sentiment: Separately, a July 6 filing changed Dell’s bylaws to tighten shareholder proposal requirements, which some investors may view as reducing governance influence. Will Dell’s Tougher Shareholder Proposal Rules Reshape Its AI Strategy And Governance Balance (DELL)?

Analyst Ratings Changes

DELL has been the topic of several recent analyst reports. Melius Research set a $565.00 target price on Dell Technologies in a research report on Friday, May 29th. Jefferies Financial Group cut Dell Technologies to a “hold” rating in a report on Monday, June 1st. 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. Raymond James Financial lowered shares of Dell Technologies from an “outperform” rating to a “market perform” rating in a report on Friday, May 29th. Finally, Susquehanna set a $289.00 target price on shares of Dell Technologies and gave the stock a “neutral” rating in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $492.76.

Insider Buying and Selling at Dell Technologies

In other news, Director Spv-2 L.P. Sl sold 175,901 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $80,560,898.99. Following the transaction, the director owned 36,659 shares of the company’s stock, valued at approximately $16,789,455.41. This trade represents a 82.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director V (Gp) L.L.C. Slta sold 458,666 shares of Dell Technologies stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $177.24, for a total transaction of $81,293,961.84. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 4,055,405 shares of company stock worth $1,471,039,891. 41.50% of the stock is currently owned by corporate insiders.

Dell Technologies Trading Up 3.5%

Shares of Dell Technologies stock opened at $431.97 on Thursday. The business’s fifty day moving average price is $344.59 and its 200 day moving average price is $214.76. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $469.47. The stock has a market capitalization of $279.96 billion, a P/E ratio of 34.31, a PEG ratio of 0.89 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping the consensus estimate of $2.96 by $1.90. The company had revenue of $43.84 billion during the quarter, compared to analyst estimates 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 revenue was up 87.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.55 earnings per share. 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, sell-side analysts predict that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Dividend Announcement

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

Dell Technologies 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.