Dell Technologies Inc. $DELL Shares Newly Purchased by BG Investment Services LLC

Key Points

• BG Investment Services LLC initiated a Dell position by purchasing 2,913 shares valued at approximately $1.57 million; institutional investors and hedge funds own 76.37% of the stock.
• Dell insiders sold 1.82 million shares worth roughly $990.3 million over the past three months, while corporate insiders retain a 41.5% ownership stake.
• Dell reported strong quarterly results, with $7.04 in earnings per share and $46.97 billion in revenue, beating expectations and representing 57.7% year-over-year revenue growth. Analysts maintain a “Moderate Buy” consensus with an average price target of $569.96.

BG Investment Services LLC bought a new position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,913 shares of the technology company's stock, valued at approximately $1,567,000.

Several other large investors have also recently bought and sold shares of DELL. Noble Wealth Management PBC increased its holdings in Dell Technologies by 113.6% during the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company's stock worth $25,000 after buying an additional 25 shares during the last quarter. Cornerstone Financial Management LLC raised its position in Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company's stock worth $28,000 after acquiring an additional 23 shares in the last quarter. Premier Financial Group acquired a new stake in Dell Technologies in the second quarter valued at $34,000. Portus Wealth Advisors LLC acquired a new stake in Dell Technologies in the first quarter valued at $35,000. Finally, Byrne Asset Management LLC bought a new position in shares of Dell Technologies in the 2nd quarter valued at about $38,000. 76.37% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the company's stock in a transaction on Friday, October 9th. The stock was sold at an average price of $586.40, for a total value of $1,055,520.00. Following the transaction, the director directly owned 1,404,569 shares of the company's stock, valued at $823,639,261.60. This represents a 0.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the stock in a transaction on Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $14,845,156.20. Following the transaction, the director owned 22,686 shares in the company, valued at $13,210,057.80. The trade was a 52.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,817,628 shares of company stock worth $990,253,476 over the last three months. 41.50% of the stock is currently owned by corporate insiders.

Dell Technologies Stock Performance

Shares of DELL stock opened at $456.89 on Friday. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51. The company has a market capitalization of $290.49 billion, a price-to-earnings ratio of 26.52, a PEG ratio of 0.47 and a beta of 1.37. The company has a 50-day simple moving average of $513.41 and a 200 day simple moving average of $403.55.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating the consensus estimate of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm had revenue of $46.97 billion for the quarter, compared to analysts' expectations of $44.89 billion. During the same period in the prior year, the firm earned $1.70 EPS. The business's revenue 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. Sell-side analysts forecast that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be paid a $0.63 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies's payout ratio is 14.63%.

Dell Technologies News Summary

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

• Positive Sentiment: Dell’s reported $95 billion AI-server backlog and comparatively lower valuation were highlighted as advantages over Applied Digital, strengthening the investment case for Dell as AI infrastructure spending continues. DELL vs. APLD: Which AI-Infrastructure Stock Looks More Attractive?
• Positive Sentiment: Dell introduced new AI Factory hardware with NVIDIA, reinforcing its positioning as a supplier of complete AI computing systems and countering recent concerns about slowing enterprise demand. Dell Unveiled New AI Servers
• Positive Sentiment: Texas Athletics, Dell, Google Cloud and SHI International launched the Bevo Lab, an AI and analytics platform that expands Dell’s technology visibility in higher education and sports research. The deal is strategically positive but unlikely to materially affect near-term earnings. Texas Athletics and McCombs Launch Bevo Lab
• Neutral Sentiment: Dell rose alongside other AI-server stocks as the sector stabilized, although Hewlett Packard Enterprise outperformed Dell and Super Micro was little changed. The move suggests broader sector sentiment rather than a Dell-specific announcement. AI Server Peers Market Update
• Negative Sentiment: The previous session’s steep decline reflected profit-taking, technology-sector weakness and reported supply-chain concerns. Barclays’ recent downgrade, based partly on doubts about enterprise AI demand, continues to weigh on sentiment and may contribute to volatility. Dell Stock Drops in Tech Sell-Off

Analyst Upgrades and Downgrades

DELL has been the topic of several recent analyst reports. Citigroup boosted their price objective on shares of Dell Technologies from $515.00 to $600.00 and gave the stock a "buy" rating in a research note on Wednesday, September 2nd. Melius Research raised their target price on shares of Dell Technologies from $650.00 to $735.00 and gave the company a "buy" rating in a research note on Wednesday, September 2nd. The Goldman Sachs Group reissued a "buy" rating on shares of Dell Technologies in a research report on Friday, October 9th. Raymond James Financial boosted their price target on Dell Technologies from $500.00 to $617.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 2nd. Finally, Fox Advisors raised Dell Technologies from an "equal weight" rating to an "overweight" rating and set a $625.00 price objective for the company in a research report on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $569.96.

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, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.

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