Jane Tunnell Sells 5,436 Shares of Dell Technologies (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELL) CMO Jane Tunnell sold 5,436 shares of Dell Technologies stock in a transaction on Friday, September 4th. The shares were sold at an average price of $523.51, for a total value of $2,845,800.36. Following the completion of the transaction, the chief marketing officer owned 41,539 shares of the company’s stock, valued at approximately $21,746,081.89. The trade was a 11.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Dell Technologies Price Performance

Shares of DELL stock traded up $1.32 during trading hours on Wednesday, hitting $535.20. 7,256,914 shares of the company’s stock were exchanged, compared to its average volume of 8,359,078. The stock’s 50-day moving average is $443.55 and its 200-day moving average is $316.11. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $562.99. The stock has a market cap of $346.87 billion, a price-to-earnings ratio of 31.06, a price-to-earnings-growth ratio of 0.54 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The business had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter in the prior year, the company earned $1.70 EPS. The firm’s quarterly revenue was up 57.7% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. Equities research analysts forecast that Dell Technologies Inc. will post 25.14 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is presently 14.63%.

Dell Technologies News Summary

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

• Positive Sentiment: AI infrastructure remains the primary catalyst. Dell reported record AI-server orders of approximately $60.9 billion, while its broader AI-server backlog is estimated at roughly $95 billion. The demand is coming from both hyperscalers and enterprises building AI systems on-premise. Dell stock hits record high as AI infrastructure demand drives rally
• Positive Sentiment: Recent quarterly results and raised guidance continue to support the rally. Dell generated $46.97 billion in revenue and $7.04 in EPS, substantially exceeding analyst expectations, with revenue up 57.7% year over year. Dell Q2 2027 earnings call transcript
• Positive Sentiment: Evercore raised its price target and reiterated Dell as a top pick, adding to a generally favorable analyst backdrop. Other coverage describes Dell as a leading way to participate in enterprise AI spending, helping push the shares toward record levels. Evercore names Dell a top pick
• Neutral Sentiment: Dell plans to raise approximately $4 billion through a bond offering to refinance debt while funding its AI-server expansion. The transaction may improve financial flexibility, but it also highlights the capital requirements and leverage associated with the growth strategy. Dell plans $4 billion bond sale
• Neutral Sentiment: Improving enterprise-device demand and a new lower-priced Dell 14S laptop provide additional support for the PC business, although competition from HP and Apple makes this a secondary catalyst compared with AI servers. Prospering computer industry
• Negative Sentiment: Several Silver Lake-affiliated directors sold substantial blocks of Dell stock, reducing their holdings by roughly 30% to 59%. The sales may reflect profit-taking after the stock’s sharp run, but they could reinforce concerns that expectations and valuation have become demanding. Dell insider selling

Institutional Trading of Dell Technologies

A number of institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System lifted its stake in shares of Dell Technologies by 41,141.5% in the 2nd quarter. California State Teachers Retirement System now owns 198,605,353 shares of the technology company’s stock valued at $85,690,266,000 after purchasing an additional 198,123,786 shares during the period. Norges Bank acquired a new stake in shares of Dell Technologies during the fourth quarter worth $607,349,000. Wellington Management Group LLP increased its holdings in Dell Technologies by 4,279.1% in the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after purchasing an additional 2,937,137 shares during the last quarter. Invesco Ltd. lifted its stake in Dell Technologies by 50.4% in the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock valued at $919,051,000 after buying an additional 2,445,854 shares during the period. Finally, Michael & Susan Dell Foundation lifted its stake in Dell Technologies by 533.3% in the fourth quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock valued at $337,652,000 after buying an additional 2,258,797 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Wall Street Analysts Forecast Growth

DELL has been the subject of several research analyst reports. Morgan Stanley boosted their price objective on shares of Dell Technologies from $434.00 to $499.00 and gave the stock an “equal weight” rating in a research report on Wednesday, September 2nd. Citigroup lifted their target price on Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. The Goldman Sachs Group boosted their target price on Dell Technologies from $510.00 to $570.00 and gave the stock a “buy” rating in a research report on Wednesday, September 2nd. Piper Sandler reaffirmed an “overweight” rating and set a $558.00 price target (up from $497.00) on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, Sanford C. Bernstein raised their price target on Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $556.92.

About Dell Technologies

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.