Alamar Capital Management LLC Sells 3,440 Shares of Dell Technologies Inc. $DELL

Key Points

• Alamar Capital reduced its Dell stake by 29.4% in the third quarter, selling 3,440 shares and ending the period with 8,259 shares valued at about $4.44 million.
• Dell insiders sold 1.82 million shares worth roughly $991 million over the past three months; two directors’ disclosed sales on September 3 substantially reduced their holdings.
• Analyst sentiment remained broadly positive: Dell had a “Moderate Buy” consensus rating and a $569.96 average price target. Its latest reported quarterly results beat estimates, with EPS of $7.04 and revenue up 57.7% year over year.

Alamar Capital Management LLC cut its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 29.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,259 shares of the technology company's stock after selling 3,440 shares during the period. Dell Technologies accounts for approximately 2.3% of Alamar Capital Management LLC's holdings, making the stock its 8th biggest holding. Alamar Capital Management LLC's holdings in Dell Technologies were worth $4,443,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Noble Wealth Management PBC boosted its holdings in Dell Technologies by 113.6% in the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company's stock valued at $25,000 after purchasing an additional 25 shares during the period. Cornerstone Financial Management LLC raised its stake in Dell Technologies by 56.1% in the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company's stock worth $28,000 after buying an additional 23 shares in the last quarter. Premier Financial Group purchased a new position in Dell Technologies during the 2nd quarter worth approximately $34,000. Byrne Asset Management LLC acquired a new stake in Dell Technologies in the 2nd quarter valued at about $38,000. Finally, Retirement Wealth Solutions LLC boosted its stake in shares of Dell Technologies by 41.3% in the third quarter. Retirement Wealth Solutions LLC now owns 89 shares of the technology company's stock valued at $48,000 after purchasing an additional 26 shares during the period. Institutional investors own 76.37% of the company's stock.

Insiders Place Their Bets

In related news, Director Spv-2 L.P. Sl sold 83,006 shares of Dell Technologies stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total value of $42,942,324.04. Following the sale, the director owned 73,185 shares of the company's stock, valued at approximately $37,861,527.90. This trade represents a 53.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of Dell Technologies stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total value of $47,176,751.94. Following 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,819,650 shares of company stock worth $991,183,596. 41.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. KeyCorp restated a "sector weight" rating on shares of Dell Technologies in a report on Wednesday, September 2nd. Bank of America raised their target price on Dell Technologies from $505.00 to $600.00 and gave the stock a "buy" rating in a research report on Monday, August 31st. Melius Research increased their target price on Dell Technologies from $650.00 to $735.00 and gave the stock a "buy" rating in a research note on Wednesday, September 2nd. Mizuho raised their price target on shares of Dell Technologies from $600.00 to $650.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 6th. Finally, Citigroup increased their target price on shares of Dell Technologies from $515.00 to $600.00 and gave the company a "buy" rating in a research report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $569.96.

Dell Technologies News Roundup

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

• Positive Sentiment: Investors bought AI-hardware stocks back after recent steep losses. Reports point to record AI backlogs and steady earnings expectations, while Dell and Nvidia’s strong revenue growth suggests demand has not yet broadly weakened. Article: AI server stocks rebound Article: Dell vs. Nvidia
• Neutral Sentiment: The rebound follows a sell-off that hit Dell and other AI-server makers particularly hard, so recent volatility remains elevated. Article: Dell sinks as tech sell-off deepens
• Negative Sentiment: Investors remain concerned that political changes could slow data-center construction and curb AI-infrastructure spending. Memory-supply pressures and potential execution risks—including cash needs and debt across the AI-server sector—could also weigh on sentiment if the rebound fades. Article: AI sell-off and data-center concerns Article: AI hardware sell-off risks

Dell Technologies Trading Up 3.8%

NYSE DELL opened at $329.02 on Friday. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $595.51. The stock has a market cap of $209.19 billion, a PE ratio of 22.64, a PEG ratio of 0.41 and a beta of 1.45. The company's 50-day moving average price is $504.83 and its 200-day moving average price is $336.43.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating the consensus estimate of $4.91 by $2.13. The firm 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%. The firm's revenue was up 57.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.70 EPS. 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. As a group, sell-side analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, October 20th. Dell Technologies's payout ratio is currently 14.63%.

Dell Technologies Company Profile

Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations.

The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.

Founded by Michael Dell in 1984, the company is headquartered in Round Rock, Texas.

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