AAFMAA Wealth Management & Trust LLC Sells 2,971 Shares of Dell Technologies Inc. $DELL

Key Points

• AAFMAA Wealth Management & Trust cut its Dell stake by 55% in the second quarter, selling 2,971 shares and retaining 2,433 shares valued at approximately $1.05 million.
• Dell reported a strong quarter, with EPS of $4.86 versus the $2.96 consensus and revenue of $43.84 billion, up 87.5% year over year. The company also declared a quarterly dividend of $0.63 per share.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $494.67, although elevated valuation and substantial recent insider selling create potential near-term risks.

AAFMAA Wealth Management & Trust LLC lowered its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 55.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,433 shares of the technology company's stock after selling 2,971 shares during the period. AAFMAA Wealth Management & Trust LLC's holdings in Dell Technologies were worth $1,050,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DELL. Commonwealth Retirement Investments LLC purchased a new position in shares of Dell Technologies in the fourth quarter valued at about $25,000. Rossby Financial LCC increased its holdings in Dell Technologies by 968.4% during the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company's stock valued at $26,000 after purchasing an additional 184 shares during the period. Navalign LLC bought a new position in Dell Technologies during the 4th quarter valued at approximately $29,000. Kemnay Advisory Services Inc. bought a new position in Dell Technologies during the 4th quarter valued at approximately $29,000. Finally, WealthCollab LLC lifted 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 during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DELL. CLSA upgraded Dell Technologies to an "outperform" rating in a report on Friday, May 29th. Guggenheim raised shares of Dell Technologies to a "buy" rating in a research note on Monday, June 1st. Jefferies Financial Group cut shares of Dell Technologies to a "hold" rating in a research report on Monday, June 1st. Citic Securities raised their price objective on shares of Dell Technologies from $160.00 to $505.00 and gave the stock a "buy" rating in a report on Monday, June 1st. Finally, Wall Street Zen raised Dell Technologies from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 30th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $494.67.

Dell Technologies Stock Performance

Shares of NYSE:DELL opened at $453.71 on Friday. The stock's 50-day simple moving average is $417.22 and its two-hundred day simple moving average is $260.25. The stock has a market capitalization of $294.05 billion, a price-to-earnings ratio of 36.04, a PEG ratio of 0.93 and a beta of 1.33. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $485.70.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating the consensus estimate of $2.96 by $1.90. The firm had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The business's revenue for the quarter was up 87.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.55 EPS. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. As a group, equities analysts forecast that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, July 21st. Dell Technologies's dividend payout ratio is presently 20.02%.

Insider Activity

In other news, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of the firm's stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total transaction of $31,160,919.24. Following the sale, the director directly owned 67,990 shares in the company, valued at $30,836,184.60. This trade represents a 50.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lake Group L.L.C. Silver sold 16,679 shares of Dell Technologies stock in a transaction on Friday, June 26th. The shares were sold at an average price of $396.37, for a total transaction of $6,611,055.23. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 3,434,758 shares of company stock valued at $1,448,870,683. 41.50% of the stock is currently owned by company insiders.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Investors continue to point to Dell’s AI-server momentum, including reported contract wins tied to the Volta AI factory and Texas A&M’s IGNITE platform. The company’s latest results also showed record revenue, strong AI-optimized server sales and a substantial AI order pipeline. Dell Technologies Could Be 4% Below Fair Value on AI Infrastructure Wins
• Positive Sentiment: Analyst sentiment remains broadly favorable, with recent price targets generally above the current trading range and a reported median target of $500. Optimism centers on enterprise IT spending and demand for AI servers, while partnerships with Nvidia, AMD and Microsoft reinforce Dell’s competitive positioning. Is Dell Technologies a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: A broader view from Barchart argues that Dell’s long-term growth opportunity remains intact despite its major rally, citing rising enterprise technology spending as a foundation for further expansion. After a 250% Rally, Dell Stock Still Has Room to Run
• Neutral Sentiment: Dell’s collaboration with Nokia and Nvidia on AI-powered radio access networks and future 6G connectivity adds strategic visibility, although the initiative is primarily a Nokia-focused announcement and its direct financial impact on Dell is not yet clear. Nokia Launches AI RAN Platform
• Negative Sentiment: Seeking Alpha downgraded Dell, arguing that the business is strong but the stock is now fully valued following its steep advance. This valuation concern could encourage profit-taking near the stock’s highs. Dell: Great Business, Full Price
• Negative Sentiment: Weakness in a major AI-server peer triggered a sector-wide reassessment, pressuring Dell on concerns that AI hardware demand or near-term orders could disappoint. Dell’s next earnings report is scheduled for September 3, leaving the stock sensitive to peer results and industry commentary. Dell Slips as Peer Earnings Pressure AI Server Trade
• Negative Sentiment: Investor’s Business Daily highlighted a failed breakout and discussed exiting the trade, signaling short-term technical risk after Dell’s rapid run-up. Extensive recent insider selling may add to concerns about profit-taking, even though it does not necessarily indicate deteriorating fundamentals. Exiting Gracefully on Opening Bell Disasters

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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