APG Asset Management N.V. Sells 8,200 Shares of Dell Technologies Inc. $DELL

Key Points

• APG Asset Management N.V. sold 8,200 shares of Dell Technologies, reducing its holdings by 3.1%, leaving it with 253,492 shares valued at $21.39 million.
• Insider trading activity includes CAO Brunilda Rios selling 6,000 shares and Director Iv (Gp) L.L.C. Slta selling 600,000 shares, marking significant reductions in their holdings.
• Dell Technologies' stock recently saw a 2.3% increase with a market capitalization of $88.78 billion and a recent earnings miss, reporting $1.55 EPS against estimates of $1.68.

APG Asset Management N.V. cut its stake in Dell Technologies Inc. (NYSE:DELL - Free Report) by 3.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 253,492 shares of the technology company's stock after selling 8,200 shares during the period. APG Asset Management N.V.'s holdings in Dell Technologies were worth $21,390,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Vanguard Capital Wealth Advisors lifted its position in shares of Dell Technologies by 5.9% during the 4th quarter. Vanguard Capital Wealth Advisors now owns 1,800 shares of the technology company's stock valued at $207,000 after acquiring an additional 100 shares during the period. Cary Street Partners Financial LLC grew its position in Dell Technologies by 2.7% in the 1st quarter. Cary Street Partners Financial LLC now owns 4,335 shares of the technology company's stock valued at $395,000 after purchasing an additional 116 shares during the period. OneAscent Financial Services LLC raised its position in Dell Technologies by 3.4% in the 1st quarter. OneAscent Financial Services LLC now owns 3,778 shares of the technology company's stock valued at $345,000 after buying an additional 125 shares during the last quarter. MRP Capital Investments LLC raised its position in Dell Technologies by 0.8% in the 1st quarter. MRP Capital Investments LLC now owns 14,975 shares of the technology company's stock valued at $1,365,000 after buying an additional 125 shares during the last quarter. Finally, Greenleaf Trust raised its position in Dell Technologies by 1.4% in the 1st quarter. Greenleaf Trust now owns 10,172 shares of the technology company's stock valued at $927,000 after buying an additional 136 shares during the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

Dell Technologies Price Performance

DELL stock traded up $2.18 during midday trading on Thursday, hitting $134.68. The stock had a trading volume of 10,807,523 shares, compared to its average volume of 7,033,967. The firm has a market cap of $91.42 billion, a price-to-earnings ratio of 21.48, a price-to-earnings-growth ratio of 0.91 and a beta of 1.02. The business has a 50-day moving average of $129.10 and a two-hundred day moving average of $110.37. Dell Technologies Inc. has a 52-week low of $66.25 and a 52-week high of $147.66.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings results on Thursday, August 28th. The technology company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.28 by ($0.18). Dell Technologies had a negative return on equity of 226.48% and a net margin of 4.63%. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Research analysts predict that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd were paid a dividend of $0.525 per share. The ex-dividend date was Tuesday, July 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. Dell Technologies's payout ratio is presently 33.49%.

Insiders Place Their Bets

In related news, CEO Michael S. Dell sold 10,000,000 shares of the company's stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $122.27, for a total value of $1,222,700,000.00. Following the transaction, the chief executive officer directly owned 25,912,241 shares of the company's stock, valued at approximately $3,168,289,707.07. This represents a 27.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Iv (Gp) L.L.C. Slta sold 625,000 shares of the company's stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $126.20, for a total value of $78,875,000.00. Following the completion of the transaction, the director directly owned 960,050 shares in the company, valued at $121,158,310. This trade represents a 39.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,989,063 shares of company stock worth $1,583,673,412 in the last three months. Corporate insiders own 42.00% of the company's stock.

Wall Street Analysts Forecast Growth

DELL has been the topic of several research analyst reports. Mizuho boosted their price objective on Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. Barclays increased their target price on Dell Technologies from $116.00 to $123.00 and gave the stock an "equal weight" rating in a research report on Friday, May 30th. Susquehanna restated a "neutral" rating and set a $125.00 price target on shares of Dell Technologies in a research report on Wednesday, August 13th. TD Cowen boosted their price target on shares of Dell Technologies from $120.00 to $125.00 and gave the company a "hold" rating in a research report on Friday, May 30th. Finally, Citigroup raised their price objective on shares of Dell Technologies from $135.00 to $160.00 and gave the company a "buy" rating in a research report on Monday, August 11th. Sixteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Dell Technologies has a consensus rating of "Moderate Buy" and an average price target of $144.06.

Dell Technologies Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).