95,375 Shares in Dell Technologies Inc. $DELL Bought by Nykredit A S

Key Points

• Nykredit A S bought 95,375 Dell shares during the second quarter, valued at approximately $41.15 million. Institutional investors collectively own 76.37% of the company.
• Dell reported strong quarterly results, with revenue rising 57.7% year over year to $46.97 billion and earnings of $7.04 per share, well above analyst expectations. AI-server demand remains a major growth catalyst, supported by a growing backlog and new technology partnerships.
• Valuation and insider selling are key risks: Dell shares have surged near their 12-month high, while insiders sold roughly $981.1 million of stock over the past 90 days. Analysts maintain a “Moderate Buy” consensus with an average price target of $560.24.

Nykredit A S bought a new stake in Dell Technologies Inc. (NYSE:DELL - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 95,375 shares of the technology company's stock, valued at approximately $41,150,000.

Other large investors have also recently made changes to their positions in the company. Parkside Financial Bank & Trust increased its position in shares of Dell Technologies by 13.8% during the second quarter. Parkside Financial Bank & Trust now owns 1,129 shares of the technology company's stock valued at $487,000 after acquiring an additional 137 shares during the last quarter. Range Advisory LLC purchased a new position in shares of Dell Technologies during the second quarter worth $391,000. Cornerstone Financial Management LLC grew its stake in shares of Dell Technologies by 56.1% in the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company's stock valued at $28,000 after buying an additional 23 shares in the last quarter. Corient Private Wealth LP raised its holdings in shares of Dell Technologies by 20.4% in the 2nd quarter. Corient Private Wealth LP now owns 114,126 shares of the technology company's stock valued at $49,240,000 after buying an additional 19,304 shares during the period. Finally, Advus Financial Partners LLC purchased a new stake in shares of Dell Technologies in the 2nd quarter valued at $356,000. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: AI server demand remains the main bullish catalyst. Recent coverage points to a rapidly expanding AI backlog, record AI-optimized server revenue, and expectations that server revenue could double. Dell’s collaboration with Axelera AI also adds a lower-power, 45-watt inference option to its server lineup, broadening its addressable market, although no specific orders or revenue were announced. Dell AI server backlog article
• Positive Sentiment: Share repurchases and index inclusion provide additional support. Dell recently completed a buyback tranche that retired approximately 9.5 million shares, potentially improving per-share earnings. The company is also expected to join the S&P 100 before the open on September 21, which could create incremental demand from index-tracking funds. Dell buyback article
• Neutral Sentiment: Valuation has become a key investor concern. Dell has rallied dramatically on AI expectations and now trades well above the average analyst price target, increasing the risk of a pullback if backlog growth, margins, or future guidance disappoint. The latest quarterly results were strong, with revenue up 57.7% year over year and earnings substantially above consensus estimates.
• Negative Sentiment: Silver Lake-affiliated directors continue to sell substantial amounts of stock. Multiple transactions on September 15 and 16 totaled more than $100 million, with several positions reduced by roughly one-third or more. Although the affiliated entities retain significant holdings, the repeated sales may signal profit-taking and create a near-term supply overhang. Dell insider sales filing

Insiders Place Their Bets

In related news, Director Spv-2 L.P. Sl sold 46,994 shares of Dell Technologies stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $567.88, for a total value of $26,686,952.72. Following the completion of the sale, the director owned 92,330 shares in the company, valued at approximately $52,432,360.40. The trade was a 33.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Silver Lake Partners Iv, L.P. sold 5,300 shares of the stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $567.99, for a total value of $3,010,347.00. Following the transaction, the director directly owned 1,385,600 shares in the company, valued at approximately $787,006,944. This represents a 0.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,942,790 shares of company stock worth $981,114,426 over the last ninety days. 41.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on DELL. Wolfe Research cut shares of Dell Technologies from a "peer perform" rating to a "peer perform" rating in a report on Friday, May 29th. Melius Research increased their target price on shares of Dell Technologies from $650.00 to $735.00 and gave the stock a "buy" rating in a report on Wednesday, September 2nd. Barclays raised their price target on shares of Dell Technologies from $550.00 to $603.00 and gave the company an "overweight" rating in a research report on Wednesday, September 2nd. Citic Securities upped their price objective on Dell Technologies from $160.00 to $505.00 and gave the stock a "buy" rating in a research report on Monday, June 1st. Finally, Wall Street Zen upgraded Dell Technologies from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $560.24.

Dell Technologies Trading Down 3.3%

Shares of DELL stock opened at $569.00 on Friday. The company has a market cap of $368.77 billion, a price-to-earnings ratio of 33.02, a price-to-earnings-growth ratio of 0.61 and a beta of 1.34. The stock has a 50 day simple moving average of $464.52 and a 200-day simple moving average of $338.62. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month 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 for the quarter, beating analysts' consensus estimates of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The business had revenue of $46.97 billion during the quarter, compared to analysts' expectations of $44.89 billion. During the same quarter last year, the business posted $1.70 earnings per share. The business's revenue for the quarter was up 57.7% on a year-over-year basis. 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. On average, equities analysts forecast that Dell Technologies Inc. will post 25.14 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies's payout ratio is 14.63%.

About Dell Technologies

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.

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