7,574 Dell Technologies Inc. $DELL Shares Sold by Mirador Capital Partners LP

Key Points

• Mirador Capital Partners cut its Dell stake by 36.9% in the third quarter, selling 7,574 shares and retaining 12,976 shares worth approximately $6.98 million. Institutional investors collectively own 76.37% of Dell.
• Wall Street remains broadly bullish: Dell has a “Moderate Buy” consensus rating, with 27 Buy, one Strong Buy and eight Hold ratings, and an average price target of $571.12.
• Dell reported strong quarterly results, including $7.04 in adjusted EPS versus a $4.91 estimate and revenue of $46.97 billion, up 57.7% year over year. However, insiders sold 1.7 million shares worth about $920.2 million during the last quarter.

Mirador Capital Partners LP reduced its holdings in Dell Technologies Inc. (NYSE:DELL - Free Report) by 36.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,976 shares of the technology company's stock after selling 7,574 shares during the quarter. Mirador Capital Partners LP's holdings in Dell Technologies were worth $6,980,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of DELL. Collective Family Office LLC boosted its position in shares of Dell Technologies by 1.5% during the third quarter. Collective Family Office LLC now owns 1,299 shares of the technology company's stock worth $699,000 after buying an additional 19 shares during the period. Cornerstone Financial Management LLC increased its stake in shares of Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company's stock worth $28,000 after purchasing an additional 23 shares during the period. Noble Wealth Management PBC boosted its position in shares of Dell Technologies by 113.6% in the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company's stock valued at $25,000 after acquiring an additional 25 shares during the period. Retirement Wealth Solutions LLC grew its position in shares of Dell Technologies by 41.3% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 89 shares of the technology company's stock worth $48,000 after purchasing an additional 26 shares in the last quarter. Finally, Bill Few Associates Inc. boosted its stake 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 valued at $371,000 after buying an additional 30 shares during the period. Institutional investors own 76.37% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DELL shares. Daiwa Securities Group lifted their price target on Dell Technologies from $465.00 to $625.00 and gave the company an "outperform" rating in a research note on Friday, September 18th. Royal Bank Of Canada started coverage on shares of Dell Technologies in a research note on Thursday, September 10th. They set an "outperform" rating and a $640.00 price target for the company. Sanford C. Bernstein lifted their price target on shares of Dell Technologies from $500.00 to $650.00 and gave the stock an "outperform" rating in a report on Wednesday, September 2nd. US Capital Advisors set a $625.00 price objective on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, Truist Financial raised their target price on Dell Technologies from $360.00 to $505.00 and gave the stock a "hold" rating in a research report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Dell Technologies presently has an average rating of "Moderate Buy" and an average price target of $571.12.

Dell Technologies Stock Performance

DELL stock opened at $587.88 on Friday. The stock's 50 day simple moving average is $508.07 and its 200 day simple moving average is $381.38. The company has a market cap of $373.78 billion, a P/E ratio of 34.12, a price-to-earnings-growth ratio of 0.60 and a beta of 1.37. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $595.51.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion during 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%. Dell Technologies's revenue was up 57.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.70 earnings per share. 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 analysts predict that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently declared 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 annualized dividend and a dividend yield of 0.4%. Dell Technologies's dividend payout ratio (DPR) is presently 14.63%.

More Dell Technologies News

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

Insider Transactions at Dell Technologies

In other news, Director Silver Lake Partners Iv, L.P. sold 91,191 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 transaction of $47,176,751.94. Following the completion of the transaction, the director directly owned 64,209 shares in the company, valued at $33,217,884.06. The trade was a 58.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the company's stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the completion of the transaction, the director directly owned 73,185 shares in the company, valued at approximately $37,861,527.90. The trade was a 53.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,697,272 shares of company stock valued at $920,162,797 in the last quarter. Company 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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