Dell Technologies Inc. $DELL Shares Sold by Zevenbergen Capital Investments LLC

Zevenbergen Capital Investments LLC trimmed its stake in Dell Technologies Inc. (NYSE:DELL) by 14.6% in the third quarter, Holdings Channel.com reports. The firm owned 89,030 shares of the technology company’s stock after selling 15,160 shares during the quarter. Dell Technologies comprises about 1.1% of Zevenbergen Capital Investments LLC’s portfolio, making the stock its 28th largest position. Zevenbergen Capital Investments LLC’s holdings in Dell Technologies were worth $47,894,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC acquired a new position in shares of Dell Technologies in the 4th quarter valued at $25,000. Noble Wealth Management PBC increased its holdings in shares of Dell Technologies by 113.6% during the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after buying an additional 25 shares during the last quarter. Cornerstone Financial Management LLC raised its position in shares of Dell Technologies by 56.1% in the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after buying an additional 23 shares during the period. Premier Financial Group acquired a new position in Dell Technologies in the second quarter valued at $34,000. Finally, Portus Wealth Advisors LLC acquired a new position in Dell Technologies in the first quarter valued at $35,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insiders Place Their Bets

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 83,006 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $42,942,324.04. Following the transaction, the director owned 73,185 shares in the company, valued at $37,861,527.90. The trade was a 53.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $47,176,751.94. Following the sale, the director owned 64,209 shares of the company’s stock, valued at $33,217,884.06. This represents a 58.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 1,697,272 shares of company stock worth $920,162,797. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies News Summary

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

• Positive Sentiment: Dell’s AI infrastructure momentum remains the primary bullish driver. Recent reports highlighted approximately $60.9 billion in AI-server orders, $16.4 billion in quarterly AI-server revenue and a roughly $95 billion backlog. An analyst upgrade previously raised the price target to $650 from $600 while maintaining an Outperform rating. Why Dell Stock Is Trading Up Today
• Positive Sentiment: Dell launched new Windows PCs and workstations for agentic-AI development in collaboration with NVIDIA and Microsoft. The expanded lineup, including XPS and AI workstation products, could support longer-term demand for higher-value hardware. Dell Agentic AI PCs and Workstations
• Neutral Sentiment: Investor commentary continues to focus on whether Dell’s AI-server rally can extend after a sharp year-to-date advance. Articles point to strong customer adoption and backlog growth but also question whether the stock’s valuation already reflects much of the opportunity. One Overlooked AI Stock That Could Surprise Investors
• Negative Sentiment: Several Silver Lake-affiliated director entities disclosed sales totaling about 127,100 Dell shares worth approximately $73.1 million. Three transactions reduced reported positions by roughly 68% to 72%, while another was a small 0.26% reduction. The scale of the sales may pressure sentiment, although the filings do not establish the reason for the transactions. SEC Insider Sale Filing
• Negative Sentiment: Profit-taking in server stocks, including Super Micro Computer, spilled into the broader AI-hardware group. Dell’s shares were more resilient than some peers, but the sector move indicates investors may be consolidating gains after the recent rally. Profit Taking Hits Server Stocks

Dell Technologies Trading Down 0.7%

Shares of DELL traded down $3.79 during midday trading on Thursday, reaching $575.17. 5,161,871 shares of the company were exchanged, compared to its average volume of 8,301,994. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $595.51. The stock has a 50-day moving average price of $504.43 and a 200-day moving average price of $379.92. The company has a market cap of $365.70 billion, a price-to-earnings ratio of 33.38, a P/E/G ratio of 0.59 and a beta of 1.37.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The company’s revenue was up 57.7% on a year-over-year basis. During the same period last year, the business posted $1.70 EPS. 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 anticipate that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be paid a dividend of $0.63 per share. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.4%. Dell Technologies’s dividend payout ratio (DPR) is currently 14.63%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. TD Cowen upped their price target on Dell Technologies from $500.00 to $550.00 and gave the stock a “hold” rating in a research note on Tuesday, September 29th. Cantor Fitzgerald initiated coverage on Dell Technologies in a report on Wednesday, September 2nd. They set an “overweight” rating for the company. Barclays raised their price target on shares of Dell Technologies from $550.00 to $603.00 and gave the company an “overweight” rating in a report on Wednesday, September 2nd. Evercore reaffirmed an “outperform” rating and set a $650.00 price target on shares of Dell Technologies in a research report on Wednesday, September 9th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Dell Technologies from $565.00 to $635.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $571.12.

Dell Technologies Company Profile

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.