Arista Wealth Management LLC Has $1.09 Million Holdings in Dell Technologies Inc. $DELL

Key Points

• Arista Wealth Management cut its Dell Technologies stake by 37.6% in the fourth quarter, leaving it with 8,691 shares worth about $1.09 million.
• Insider selling has been heavy, including large share sales by directors Ellen Jamison Kullman and V (Gp) L.L.C. Slta; insiders sold 3.57 million shares valued at roughly $576.7 million last quarter.
• Dell’s operating momentum remains strong, with the company reporting better-than-expected quarterly earnings and revenue, while analysts continue to lean bullish with a Moderate Buy consensus and a target price around $211.32.

Arista Wealth Management LLC lessened its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 37.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,691 shares of the technology company's stock after selling 5,231 shares during the quarter. Arista Wealth Management LLC's holdings in Dell Technologies were worth $1,094,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company's stock worth $347,000 after purchasing an additional 901 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Dell Technologies during the 2nd quarter worth about $328,000. Marshall Wace LLP bought a new position in Dell Technologies during the 2nd quarter worth about $809,000. Gamco Investors INC. ET AL increased its holdings in Dell Technologies by 30.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company's stock worth $819,000 after purchasing an additional 1,550 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Dell Technologies by 147.2% during the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company's stock worth $7,112,000 after purchasing an additional 34,538 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company's stock.

Insider Transactions at Dell Technologies

In related news, Director Ellen Jamison Kullman sold 150,346 shares of Dell Technologies stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the completion of the transaction, the director owned 65,662 shares in the company, valued at approximately $9,529,526.06. This trade represents a 69.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 510,000 shares of Dell Technologies stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $146.83, for a total value of $74,883,300.00. The SEC filing for this sale provides additional information. Insiders have sold 3,571,688 shares of company stock valued at $576,654,105 in the last quarter. 41.50% of the stock is currently owned by corporate insiders.

Dell Technologies Price Performance

Shares of NYSE DELL opened at $305.11 on Thursday. The stock has a market capitalization of $197.02 billion, a price-to-earnings ratio of 34.99, a PEG ratio of 1.12 and a beta of 0.99. The business has a 50-day moving average of $208.08 and a 200-day moving average of $156.33. Dell Technologies Inc. has a fifty-two week low of $106.38 and a fifty-two week high of $312.14.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share for the quarter, beating the consensus estimate of $3.53 by $0.36. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The company had revenue of $33.38 billion during the quarter, compared to analysts' expectations of $31.60 billion. During the same quarter last year, the company earned $2.68 EPS. Dell Technologies's revenue for the quarter was up 39.5% compared to the same quarter last year. On average, sell-side analysts expect that Dell Technologies Inc. will post 12.21 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Zacks Research upgraded Dell Technologies from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 21st. Barclays increased their target price on Dell Technologies from $148.00 to $168.00 and gave the stock an "overweight" rating in a report on Friday, February 27th. JPMorgan Chase & Co. increased their target price on Dell Technologies from $205.00 to $280.00 and gave the stock an "overweight" rating in a report on Friday, May 15th. The Goldman Sachs Group increased their target price on Dell Technologies from $215.00 to $230.00 in a report on Thursday, April 30th. Finally, Morgan Stanley upgraded Dell Technologies from an "underweight" rating to a "buy" rating in a report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Dell Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $211.32.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Dell won a roughly $9.7 billion Pentagon deal to consolidate and manage Microsoft software licenses for the U.S. Department of Defense, a headline that signals a large, high-profile revenue opportunity and is helping drive the stock higher. CNBC article on Dell Pentagon software deal
• Positive Sentiment: Investor enthusiasm is also being fueled by expectations that Dell’s fiscal first-quarter results will show strong AI-server demand, with analysts pointing to robust infrastructure solutions growth and potentially very large AI server revenue contributions. Zacks article on Dell AI server earnings preview
• Positive Sentiment: Momentum in Dell shares has been reinforced by a broader AI hardware rally and recent product/infrastructure announcements, including a $1.6 billion deal for Dell systems tied to IREN’s Nvidia Blackwell deployment, which underscores demand for Dell’s AI-ready hardware. Yahoo Finance article on IREN and Dell Blackwell deal
• Neutral Sentiment: Several previews and commentary pieces note that Dell’s stock has already had a huge run-up, so the upcoming earnings report is now a key test of whether AI demand can justify the valuation and sustain the recent rally. Benzinga earnings preview
• Negative Sentiment: There is still some risk that PC competition and broader macro pressure could weigh on margins, especially if the company’s earnings or guidance do not match the elevated expectations built into the stock. Zacks earnings article

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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