Dell Technologies (NYSE:DELL) Shares Down 8.2% – Here’s What Happened

Shares of Dell Technologies Inc. (NYSE:DELL) were down 8.2% during trading on Tuesday . The stock traded as low as $358.88 and last traded at $392.10. 9,179,458 shares traded hands during mid-day trading, an increase of 8% from the average session volume of 8,509,058 shares. The stock had previously closed at $426.91.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell’s strong AI-server momentum and recently raised outlook appear to be amplifying the sector-wide rebound. Management has previously indicated a target of approximately $60 billion in fiscal 2027 AI-server revenue, while a new AI and high-performance-computing platform win with Texas A&M adds evidence of institutional demand. Dell Jumps as AI Infrastructure Trade Rebounds
• Positive Sentiment: Recent coverage highlights expanding demand for Dell’s AI-enabled PCs, particularly in premium consumer segments and new retail distribution in India. These developments broaden Dell’s AI opportunity beyond servers, although their near-term financial impact is less certain. Dell brings AI PCs to more consumers as premium demand grows
• Positive Sentiment: Dell joined an open-source AI cybersecurity alliance, potentially strengthening its position in AI-related security and expanding its technology ecosystem. Dell Technologies Joins Open Source AI Cybersecurity Alliance
• Neutral Sentiment: Analysts remain constructive: the median recent price target is $500, with published targets ranging from $477 to $550. At the same time, Dell’s shares trade near the upper end of their 52-week range, leaving valuation and execution expectations elevated.
• Negative Sentiment: Investors face ongoing concerns about AI-server margins and supply-chain costs. In addition, reported insider activity over the past six months shows exclusively open-market selling, including sales by senior executives and affiliated investment entities, which may weigh on sentiment. Dell Stock Crashes as AI Server Boom Faces New Margin Concerns

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on DELL shares. Royal Bank Of Canada assumed coverage on Dell Technologies in a research note on Friday, May 29th. They issued an “outperform” rating on the stock. Raymond James Financial downgraded Dell Technologies from an “outperform” rating to a “market perform” rating in a research report on Friday, May 29th. HSBC raised Dell Technologies to a “buy” rating in a report on Friday, May 29th. JPMorgan Chase & Co. upped their price objective on Dell Technologies from $280.00 to $500.00 and gave the company an “overweight” rating in a research report on Friday, May 29th. Finally, Roth Capital initiated coverage on Dell Technologies in a research report on Friday, May 29th. They set a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $494.67.

Dell Technologies Price Performance

The stock has a market cap of $262.55 billion, a PE ratio of 32.18, a P/E/G ratio of 0.84 and a beta of 1.31. The stock has a 50-day simple moving average of $399.79 and a 200-day simple moving average of $245.57.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. The company had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company’s quarterly revenue was up 87.5% compared to the same quarter last year. During the same period last year, the business 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 research analysts anticipate that Dell Technologies Inc. will post 17.77 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 given 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 of this dividend is Tuesday, July 21st. Dell Technologies’s payout ratio is 20.02%.

Insider Buying and Selling at Dell Technologies

In related news, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of Dell Technologies stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $15,814,486.26. Following the transaction, the director owned 43,961 shares in the company, valued at approximately $19,938,071.94. The trade was a 44.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Spv-2 L.P. Sl sold 59,492 shares of the company’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total transaction of $26,982,001.68. Following the sale, the director directly owned 89,222 shares of the company’s stock, valued at approximately $40,465,745.88. This trade represents a 40.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,434,758 shares of company stock valued at $1,448,870,683 in the last ninety days. Corporate insiders own 41.50% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

Large investors have recently modified their holdings of the stock. Accel Wealth Management boosted its holdings in Dell Technologies by 2.8% in the 2nd quarter. Accel Wealth Management now owns 1,421 shares of the technology company’s stock worth $613,000 after acquiring an additional 39 shares during the period. Ariadne Wealth Management LP raised its stake 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 purchasing an additional 49 shares during the period. Bell Investment Advisors Inc raised its stake in shares of Dell Technologies by 19.3% during the first quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock valued at $53,000 after purchasing an additional 52 shares during the period. Vectors Research Management LLC lifted its position in shares of Dell Technologies by 0.4% during the first quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company’s stock worth $2,404,000 after purchasing an additional 55 shares in the last quarter. Finally, Raleigh Capital Management Inc. boosted its stake in shares of Dell Technologies by 6.9% in the first 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 during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

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.