Dell Technologies (NYSE:DELL) Director David Dorman Sells 41,292 Shares

Key Points

• Director David Dorman sold 41,292 Dell shares on June 12 at an average price of $405.89, for a total of about $16.76 million, according to an SEC filing.
• Dell stock slipped 1.2% to around $404.07 in trading, while the company remains valued at roughly $260.9 billion with a 1-year range of $110.22 to $469.47.
• Recent earnings were strong: Dell reported $4.86 EPS and $43.84 billion in revenue, both well above expectations, with revenue up 87.5% year over year and analysts maintaining a Moderate Buy view on the stock.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director David Dorman sold 41,292 shares of the firm's stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $405.89, for a total transaction of $16,760,009.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Dell Technologies Trading Down 1.2%

Shares of Dell Technologies stock traded down $5.00 during midday trading on Tuesday, reaching $404.07. The company had a trading volume of 6,308,664 shares, compared to its average volume of 8,749,451. The company has a market capitalization of $260.93 billion, a price-to-earnings ratio of 32.09, a price-to-earnings-growth ratio of 0.85 and a beta of 1.30. The stock has a fifty day simple moving average of $269.31 and a 200 day simple moving average of $181.19. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $469.47.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm had revenue of $43.84 billion for the quarter, compared to analysts' expectations of $35.74 billion. During the same period last year, the firm earned $1.55 earnings per share. The business's revenue for the quarter was up 87.5% on a year-over-year basis. 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. Sell-side analysts expect that Dell Technologies Inc. will post 17.6 earnings per share for the current year.

Hedge Funds Weigh In On Dell Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in DELL. Parallel Advisors LLC raised its holdings in shares of Dell Technologies by 8.8% during the first quarter. Parallel Advisors LLC now owns 6,973 shares of the technology company's stock worth $1,145,000 after acquiring an additional 564 shares during the period. Asset Dedication LLC raised its holdings in shares of Dell Technologies by 1.7% during the first quarter. Asset Dedication LLC now owns 4,291 shares of the technology company's stock worth $704,000 after acquiring an additional 73 shares during the period. Groupama Asset Managment raised its holdings in shares of Dell Technologies by 2.6% during the first quarter. Groupama Asset Managment now owns 2,902 shares of the technology company's stock worth $476,000 after acquiring an additional 73 shares during the period. Segall Bryant & Hamill LLC acquired a new stake in shares of Dell Technologies during the first quarter worth $5,930,000. Finally, BankChampaign National Association acquired a new stake in shares of Dell Technologies during the first quarter worth $595,000. 76.37% of the stock is owned by institutional investors.

Key Dell Technologies News

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

• Positive Sentiment: Several recent articles argue Dell remains undervalued because its AI server and data-center business is expanding quickly, with one report highlighting a massive AI demand opportunity and another pointing to Dell’s growing backlog. The Dell Story Is No Longer Just About PCs. Here’s Why the Stock Still Looks Undervalued. DELL Stock Pulled Back. The AI Backlog Keeps Building
• Positive Sentiment: Dell was tied to stronger analyst and media sentiment, including reports that Wall Street still sees upside and that AI/server demand is lifting growth expectations. AI and Non-AI Servers Demand Leads to a Bullish View Around Dell Technologies (DELL) Wall Street Analysts Think Dell Technologies (DELL) Is a Good Investment: Is It?
• Positive Sentiment: Fresh contract news may have also helped sentiment: Dell Federal Systems secured a $1.44 billion U.S. Air Force deal, reinforcing the company’s exposure to large government IT spending. Dell Wins $1.44B Microsoft License Deal Dell Stock Gains on $1.44 Billion Air Force Contract Win
• Positive Sentiment: Another bullish theme is that Dell is increasingly being viewed as more than a PC maker, with AI memory demand and server demand keeping the stock on investor watchlists. AI Memory Demand Has Turned These 5 S&P 500 Stocks Into Market Leaders (DELL)
• Neutral Sentiment: Industry commentary noted Dell was recognized as a partner award winner and was mentioned in broader AI infrastructure coverage, which is supportive but not a direct earnings catalyst. Connection Recognized as Dell’s 2026 North America Channel Services Sales Partner of the Year
• Negative Sentiment: Recent insider sales by Dell-related directors could weigh on sentiment a bit, even if the transactions were preplanned and may not signal a change in fundamentals. SEC filing: Director Spv-2 L.P. Sl sale SEC filing: Silver Lake Partners Iv, L.P. sale SEC filing: Silver Lake Partners V. De (Aiv sale
• Negative Sentiment: One report said Dell and HPE server supply is being disrupted by a memory crunch, which could pressure shipments or margins if component shortages persist. Dell, HPE server supply upended by memory crunch

Wall Street Analysts Forecast Growth

DELL has been the topic of a number of recent research reports. HSBC raised shares of Dell Technologies to a "buy" rating in a research note on Friday, May 29th. Wall Street Zen raised shares of Dell Technologies from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 30th. Weiss Ratings raised shares of Dell Technologies from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, May 15th. Citic Securities lifted their price target on shares of Dell Technologies from $160.00 to $505.00 and gave the stock a "buy" rating in a research report on Monday, June 1st. Finally, Citigroup began coverage on shares of Dell Technologies in a research report on Monday, June 1st. They set an "outperform" rating on the stock. One investment 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 given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $475.76.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.