3,338 Shares in Dell Technologies Inc. $DELL Purchased by Godfrey Financial Associates Inc.

Key Points

• Godfrey Financial Associates opened a new position in Dell Technologies in the fourth quarter, buying 3,338 shares valued at about $420,000.
• Dell is drawing attention from investors and analysts because of strong AI-server demand and a major $9.7 billion Pentagon software deal that could add a large revenue stream.
• The stock has surged sharply and is trading near its 52-week high, but that run-up means upcoming earnings will be closely watched to see whether Dell can justify elevated expectations.

Godfrey Financial Associates Inc. acquired a new position in Dell Technologies Inc. (NYSE:DELL - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 3,338 shares of the technology company's stock, valued at approximately $420,000.

Other large investors also recently bought and sold shares of the company. Navalign LLC bought a new stake in Dell Technologies in the 4th quarter worth about $29,000. WealthCollab LLC increased its holdings in Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company's stock worth $31,000 after buying an additional 114 shares in the last quarter. iA Global Asset Management Inc. bought a new stake in Dell Technologies in the 4th quarter worth about $32,000. State of Wyoming bought a new stake in Dell Technologies in the 2nd quarter worth about $33,000. Finally, Smithfield Trust Co increased its holdings in Dell Technologies by 92.9% in the 4th quarter. Smithfield Trust Co now owns 328 shares of the technology company's stock worth $41,000 after buying an additional 158 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell won a roughly $9.7 billion Pentagon deal to consolidate and manage Microsoft software licenses for the U.S. Department of Defense, a headline that signals a large, high-profile revenue opportunity and is helping drive the stock higher. CNBC article on Dell Pentagon software deal
• Positive Sentiment: Investor enthusiasm is also being fueled by expectations that Dell’s fiscal first-quarter results will show strong AI-server demand, with analysts pointing to robust infrastructure solutions growth and potentially very large AI server revenue contributions. Zacks article on Dell AI server earnings preview
• Positive Sentiment: Momentum in Dell shares has been reinforced by a broader AI hardware rally and recent product/infrastructure announcements, including a $1.6 billion deal for Dell systems tied to IREN’s Nvidia Blackwell deployment, which underscores demand for Dell’s AI-ready hardware. Yahoo Finance article on IREN and Dell Blackwell deal
• Neutral Sentiment: Several previews and commentary pieces note that Dell’s stock has already had a huge run-up, so the upcoming earnings report is now a key test of whether AI demand can justify the valuation and sustain the recent rally. Benzinga earnings preview
• Negative Sentiment: There is still some risk that PC competition and broader macro pressure could weigh on margins, especially if the company’s earnings or guidance do not match the elevated expectations built into the stock. Zacks earnings article

Analyst Ratings Changes

DELL has been the subject of several research analyst reports. Truist Financial started coverage on Dell Technologies in a report on Tuesday, March 31st. They issued a "hold" rating and a $170.00 price objective for the company. Bank of America boosted their price target on Dell Technologies from $246.00 to $280.00 and gave the company a "buy" rating in a research note on Monday, May 18th. Evercore boosted their price target on Dell Technologies from $240.00 to $270.00 and gave the company an "outperform" rating in a research note on Tuesday, May 19th. JPMorgan Chase & Co. boosted their price target on Dell Technologies from $205.00 to $280.00 and gave the company an "overweight" rating in a research note on Friday, May 15th. Finally, Barclays boosted their price target on Dell Technologies from $148.00 to $168.00 and gave the company an "overweight" rating in a research note on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $211.32.

Insider Buying and Selling

In related news, insider William F. Scannell sold 143,067 shares of the stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $165.00, for a total value of $23,606,055.00. Following the completion of the sale, the insider directly owned 21,779 shares of the company's stock, valued at approximately $3,593,535. This represents a 86.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO David Alan Kennedy sold 19,500 shares of the stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $182.53, for a total transaction of $3,559,335.00. Following the completion of the sale, the chief financial officer directly owned 183,097 shares of the company's stock, valued at $33,420,695.41. This represents a 9.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,571,688 shares of company stock worth $576,654,105 in the last ninety days. Corporate insiders own 41.50% of the company's stock.

Dell Technologies Stock Up 0.0%

Dell Technologies stock opened at $305.11 on Thursday. The business has a 50-day simple moving average of $208.08 and a two-hundred day simple moving average of $156.33. The company has a market cap of $197.02 billion, a P/E ratio of 34.99, a P/E/G ratio of 1.12 and a beta of 0.99. Dell Technologies Inc. has a 52-week low of $106.38 and a 52-week high of $312.14.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.53 by $0.36. The business had revenue of $33.38 billion during the quarter, compared to the consensus estimate of $31.60 billion. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The business's quarterly revenue was up 39.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.68 EPS. Research analysts anticipate that Dell Technologies Inc. will post 12.21 EPS for the current fiscal year.

Dell Technologies 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.

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