Dell Technologies Inc. $DELL Shares Sold by Axecap Investments LLC

Key Points

• Axecap Investments cut its Dell stake by 69.2% in the third quarter, selling 7,429 shares and retaining 3,303 shares valued at approximately $1.78 million. Institutional investors and hedge funds collectively own 76.37% of Dell.
• Wall Street remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $569.96, despite Barclays downgrading the stock to “equal weight.” Analysts cited strong AI-server demand, while memory shortages and valuation remain risks.
• Dell reported strong quarterly results, with EPS of $7.04 versus a $4.91 estimate and revenue of $46.97 billion, up 57.7% year over year. The company also declared a quarterly dividend of $0.63 per share, representing a 0.5% yield.

Axecap Investments LLC cut its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 69.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,303 shares of the technology company's stock after selling 7,429 shares during the quarter. Axecap Investments LLC's holdings in Dell Technologies were worth $1,777,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Mizuho upped their price objective on shares of Dell Technologies from $600.00 to $650.00 and gave the company an "outperform" rating in a research note on Tuesday, October 6th. Barclays downgraded shares of Dell Technologies from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $603.00 to $574.00 in a research report on Wednesday, October 14th. Melius Research boosted their price target on shares of Dell Technologies from $650.00 to $735.00 and gave the company a "buy" rating in a report on Wednesday, September 2nd. Wells Fargo & Company raised their price objective on shares of Dell Technologies from $505.00 to $545.00 and gave the stock an "overweight" rating in a research note on Friday, August 14th. Finally, US Capital Advisors set a $625.00 price objective on shares of Dell Technologies in a research report on Wednesday, September 2nd. One equities research 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.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $569.96.

More Dell Technologies News

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

• Positive Sentiment: Stronger AI server demand lifted sentiment. Super Micro Computer’s unexpectedly optimistic preliminary revenue and profitability update reinforced expectations for robust AI infrastructure spending. Dell and other server makers joined the rally as investors viewed the update as evidence that demand remains strong. Super Micro's stock soars after surprise update
• Positive Sentiment: Dell is becoming more embedded in customers’ AI plans. Recent partnerships with Honeywell and Accenture, along with AI-focused PCs, workstations and data platforms, support the case that Dell can benefit from both data-center and edge AI spending. Its sizable order backlog provides additional visibility if customers continue expanding capacity. How AI Server Demand Will Impact Dell Stock Investors
• Positive Sentiment: Additional AI initiatives broaden Dell’s growth opportunity. Dell backed a $200 million funding round for AI model developer doubleAI, signaling continued participation in the broader AI ecosystem. A collaboration with PureCS also expands its cybersecurity presence in the United Arab Emirates. Nvidia, Dell back $200M round for AI model developer doubleAI
• Neutral Sentiment: Broader market conditions helped the stock recover. AI server shares rebounded after the previous week’s sell-off, but investors remain focused on memory prices, margins and whether the rally can be sustained.
• Negative Sentiment: Valuation and execution risks remain significant. Barclays reportedly downgraded Dell, arguing that its share price has advanced faster than enterprise AI adoption. Management has also cited parts shortages, particularly memory chips, which could limit shipments or pressure margins. Dell Technologies, What Is Driving The Latest Attention?

Insiders Place Their Bets

In related news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the completion of the sale, the director directly owned 64,209 shares in the company, valued at approximately $33,217,884.06. This trade represents a 58.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Spv-2 L.P. Sl sold 83,006 shares of Dell Technologies stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total value of $42,942,324.04. Following the sale, the director directly owned 73,185 shares of the company's stock, valued at approximately $37,861,527.90. The trade was a 53.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,817,628 shares of company stock worth $990,253,476 over the last ninety days. 41.50% of the stock is currently owned by company insiders.

Dell Technologies Trading Up 1.4%

Shares of NYSE DELL opened at $461.64 on Wednesday. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $595.51. The business has a 50-day moving average price of $514.91 and a two-hundred day moving average price of $399.01. The firm has a market capitalization of $293.52 billion, a PE ratio of 26.79, a PEG ratio of 0.47 and a beta of 1.37.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to analysts' expectations of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm's quarterly revenue was up 57.7% compared to the same quarter last year. During the same period last year, the company posted $1.70 earnings per share. 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. Research analysts anticipate that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies's payout ratio is currently 14.63%.

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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