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Dell Technologies Sees Unusually Large Options Volume (NYSE:DELL)

Dell Technologies logo with Computer and Technology background

Key Points

  • Dell Technologies experienced an **unusually high volume** of options trading, with 62,811 call options traded, reflecting a **54% increase** over average daily volume.
  • The company's stock price rose **6.9%**, reaching **$161.21** during midday trading, surpassing both its **50-day** and **200-day moving averages** significantly.
  • Dell Technologies declared a quarterly dividend of **$0.525 per share**, with an **annualized yield of 1.3%**, to be paid on **October 31st** to shareholders of record by **October 21st**.
  • MarketBeat previews the top five stocks to own by November 1st.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) was the target of unusually large options trading on Wednesday. Stock investors acquired 62,811 call options on the company. This represents an increase of 54% compared to the average daily volume of 40,894 call options.

Dell Technologies Stock Up 6.9%

DELL stock traded up $10.34 during midday trading on Wednesday, hitting $161.21. The company's stock had a trading volume of 13,765,803 shares, compared to its average volume of 7,219,242. The stock's 50-day moving average price is $132.43 and its 200 day moving average price is $115.74. Dell Technologies has a 1 year low of $66.25 and a 1 year high of $166.10. The stock has a market cap of $108.39 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 1.00 and a beta of 1.05.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.03. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The business had revenue of $29.78 billion for the quarter, compared to analysts' expectations of $29.14 billion. During the same quarter in the previous year, the firm earned $1.89 earnings per share. The business's revenue was up 19.0% on a year-over-year basis. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. As a group, equities analysts forecast that Dell Technologies will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, October 21st. Dell Technologies's dividend payout ratio is currently 30.88%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price objective on Dell Technologies from $125.00 to $145.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Barclays boosted their price objective on Dell Technologies from $133.00 to $151.00 and gave the company an "equal weight" rating in a report on Wednesday. Citigroup restated a "buy" rating on shares of Dell Technologies in a report on Wednesday. KeyCorp initiated coverage on Dell Technologies in a report on Thursday, June 26th. They set a "sector weight" rating for the company. Finally, Daiwa Capital Markets lifted their target price on Dell Technologies from $125.00 to $140.00 and gave the company an "outperform" rating in a research report on Thursday, September 11th. Sixteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $154.17.

Get Our Latest Research Report on Dell Technologies

Insiders Place Their Bets

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of Dell Technologies stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $135.98, for a total value of $112,183,364.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lynn Vojvodich Radakovich sold 725 shares of the business's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $126.39, for a total value of $91,632.75. Following the sale, the director owned 23,680 shares of the company's stock, valued at approximately $2,992,915.20. This represents a 2.97% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 3,781,682 shares of company stock valued at $505,183,267. Company insiders own 42.00% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Exchange Traded Concepts LLC lifted its position in shares of Dell Technologies by 25.9% during the 1st quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company's stock valued at $224,000 after buying an additional 506 shares during the last quarter. First Hawaiian Bank lifted its position in shares of Dell Technologies by 67.1% during the 1st quarter. First Hawaiian Bank now owns 34,878 shares of the technology company's stock valued at $3,179,000 after buying an additional 14,010 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new position in shares of Dell Technologies during the 2nd quarter valued at $8,869,000. Wealthcare Advisory Partners LLC lifted its position in shares of Dell Technologies by 44.9% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock valued at $238,000 after buying an additional 809 shares during the last quarter. Finally, Mather Group LLC. raised its stake in shares of Dell Technologies by 113.3% during the 1st quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock valued at $95,000 after purchasing an additional 554 shares during the period. Hedge funds and other institutional investors own 76.37% of the company's stock.

About Dell Technologies

(Get Free Report)

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).

Further Reading

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