2,948 Shares of Dell Technologies Inc. $DELL Purchased by Sacks & Associates LLC

Key Points

• Sacks & Associates LLC acquired 2,948 Dell shares worth approximately $1.59 million in the third quarter, while institutional investors collectively own 76.37% of the company.
• Dell reported strong quarterly results, with adjusted earnings of $7.04 per share and revenue of $46.97 billion, beating estimates and representing 57.7% year-over-year revenue growth. Analysts remain broadly bullish, citing AI-server demand and raising several price targets.
• Despite the positive outlook, insiders sold about $920.2 million of Dell stock over the past 90 days, including substantial sales by Silver Lake-affiliated directors, creating a potential near-term investor-confidence overhang.

Sacks & Associates LLC acquired a new stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,948 shares of the technology company's stock, valued at approximately $1,586,000. Dell Technologies comprises approximately 1.1% of Sacks & Associates LLC's investment portfolio, making the stock its 26th biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Gallagher Capital Advisors LLC boosted its stake in shares of Dell Technologies by 2.8% in the 3rd quarter. Gallagher Capital Advisors LLC now owns 2,800 shares of the technology company's stock valued at $1,506,000 after purchasing an additional 75 shares in the last quarter. Tilia Fiduciary Partners Inc. purchased a new stake in Dell Technologies during the third quarter valued at about $3,048,000. Prism Advisors Inc. purchased a new stake in Dell Technologies during the third quarter valued at about $69,000. Argus Investors Counsel Inc. grew its stake in shares of Dell Technologies by 6.8% during the third quarter. Argus Investors Counsel Inc. now owns 3,568 shares of the technology company's stock valued at $1,919,000 after buying an additional 227 shares during the last quarter. Finally, Bill Few Associates Inc. increased its holdings in shares of Dell Technologies by 4.5% in the third quarter. Bill Few Associates Inc. now owns 690 shares of the technology company's stock worth $371,000 after buying an additional 30 shares during the period. Hedge funds and other institutional investors own 76.37% of the company's stock.

Dell Technologies Trading Up 2.3%

Shares of Dell Technologies stock opened at $587.88 on Friday. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $595.51. The company has a market cap of $373.78 billion, a P/E ratio of 34.12, a PEG ratio of 0.60 and a beta of 1.37. The company's fifty day simple moving average is $508.07 and its two-hundred day simple moving average is $381.38.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating analysts' consensus estimates 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 firm had revenue of $46.97 billion for the quarter, compared to analyst estimates of $44.89 billion. During the same quarter in the previous year, the firm posted $1.70 EPS. The company's revenue for the quarter was up 57.7% compared to the same quarter last year. 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. Analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies's payout ratio is presently 14.63%.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Evercore ISI raised its price target for Dell to $650 from $500, adding to a series of bullish target increases. The revisions reflect expectations for sustained AI-server growth, a large backlog and strong customer demand. Evercore ISI raises Dell price target
• Positive Sentiment: Wedbush analyst Dan Ives added DELL to his Ives AI 30 “Winner List.” The inclusion reinforces the view that Dell is a major beneficiary of the ongoing AI infrastructure spending cycle. Dan Ives adds Dell to AI 30
• Positive Sentiment: Dell’s UAE technology forum is highlighting how businesses can scale AI and modernize infrastructure, supporting the company’s enterprise pipeline and long-term demand outlook. Its enhanced AI Data Platform and NVIDIA-powered capabilities also strengthen its competitive positioning. Dell Technologies Forum UAE
• Neutral Sentiment: CEO Michael Dell’s pledge to contribute to employees’ children’s Trump Accounts and continued public attention around the initiative raise Dell’s visibility, but the program is philanthropic and has limited direct impact on operating results. Dell pledges employee Trump Account contributions
• Negative Sentiment: Several Silver Lake-affiliated directors sold roughly $73 million of Dell stock on October 6, with some transactions reducing their positions by about 68% to 72%. The sales may create a near-term supply and investor-confidence overhang. Dell insider-selling filing
• Negative Sentiment: A disclosure also showed that an account managed independently for President Donald Trump sold between $500,001 and $1 million of Dell shares, followed by a smaller sale. The transactions could temper enthusiasm around his public support for the stock. Trump-linked account sells Dell shares

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DELL. Raymond James Financial raised their price target on Dell Technologies from $500.00 to $617.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 2nd. TD Cowen upped their price target on shares of Dell Technologies from $500.00 to $550.00 and gave the company a "hold" rating in a report on Tuesday, September 29th. Weiss Ratings reissued a "buy (b)" rating on shares of Dell Technologies in a report on Wednesday, August 12th. Royal Bank Of Canada began coverage on shares of Dell Technologies in a research note on Thursday, September 10th. They set an "outperform" rating and a $640.00 price objective for the company. Finally, Sanford C. Bernstein boosted 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 equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Dell Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $571.12.

Insider Buying and Selling at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 3,600 shares of Dell Technologies stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $572.50, for a total transaction of $2,061,000.00. Following the sale, the director directly owned 1,401,636 shares in the company, valued at $802,436,610. The trade was a 0.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Spv-2 L.P. Sl sold 46,323 shares of the company's stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $575.43, for a total value of $26,655,643.89. Following the completion of the sale, the director directly owned 22,254 shares in the company, valued at approximately $12,805,619.22. The trade was a 67.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,697,272 shares of company stock worth $920,162,797. Insiders own 41.50% of the company's stock.

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.

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