Dell Technologies Inc. $DELL Shares Sold by Commonwealth Equity Services LLC

Key Points

• Commonwealth Equity Services cut its Dell stake by 2.3% in the third quarter, selling 3,267 shares and retaining 138,302 shares valued at about $74.4 million.
• Dell reported quarterly earnings of $7.04 per share, above the $4.91 consensus, while revenue rose 57.7% year over year to $46.97 billion.
• AI-server stocks rebounded after a sharp sell-off, but concerns about data-center spending, memory supply and execution risks continue to fuel volatility; Dell insiders also sold shares during the quarter.

Commonwealth Equity Services LLC lowered its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 2.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 138,302 shares of the technology company's stock after selling 3,267 shares during the quarter. Commonwealth Equity Services LLC's holdings in Dell Technologies were worth $74,399,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Chicago Partners Investment Group LLC increased its stake in shares of Dell Technologies by 19.7% in the third quarter. Chicago Partners Investment Group LLC now owns 12,371 shares of the technology company's stock valued at $5,647,000 after purchasing an additional 2,034 shares during the period. 3Chopt Investment Partners LLC increased its position in Dell Technologies by 5.8% in the 3rd quarter. 3Chopt Investment Partners LLC now owns 4,074 shares of the technology company's stock valued at $2,192,000 after acquiring an additional 222 shares during the period. Compass Financial Management LLC raised its stake in Dell Technologies by 79.0% during the 3rd quarter. Compass Financial Management LLC now owns 7,170 shares of the technology company's stock valued at $3,857,000 after acquiring an additional 3,164 shares in the last quarter. Rakuten Investment Management Inc. boosted its position in Dell Technologies by 12.8% during the 3rd quarter. Rakuten Investment Management Inc. now owns 54,152 shares of the technology company's stock worth $29,220,000 after acquiring an additional 6,150 shares during the period. Finally, Third View Private Wealth LLC boosted its position in Dell Technologies by 3.6% during the 3rd quarter. Third View Private Wealth LLC now owns 898 shares of the technology company's stock worth $483,000 after acquiring an additional 31 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

More Dell Technologies News

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

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Egon Durban sold 1,850 shares of the stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of $548.40, for a total transaction of $1,014,540.00. Following the sale, the director owned 1,405,236 shares of the company's stock, valued at $770,631,422.40. This represents a 0.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Spv-2 L.P. Sl sold 44,408 shares of the firm's stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $582.30, for a total value of $25,858,778.40. Following the completion of the transaction, the director owned 43,740 shares in the company, valued at approximately $25,469,802. This represents a 50.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,819,650 shares of company stock worth $991,183,596. 41.50% of the stock is currently owned by company insiders.

Dell Technologies Stock Performance

Shares of NYSE:DELL traded up $12.11 during midday trading on Friday, reaching $329.02. The company had a trading volume of 8,587,422 shares, compared to its average volume of 6,660,394. The company has a fifty day simple moving average of $504.83 and a two-hundred day simple moving average of $336.43. The firm has a market cap of $209.19 billion, a price-to-earnings ratio of 19.10, a price-to-earnings-growth ratio of 0.41 and a beta of 1.45. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $595.51.

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 analysts' consensus estimates 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 company had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same period in the prior year, the firm earned $1.70 earnings per share. The business's quarterly 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. Analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Tuesday, October 20th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, October 20th. Dell Technologies's dividend payout ratio (DPR) is presently 14.63%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Dell Technologies in a research note on Friday, October 9th. Weiss Ratings lowered Dell Technologies from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday. Sanford C. Bernstein lifted their price target on Dell Technologies from $500.00 to $650.00 and gave the company an "outperform" rating in a research report on Wednesday, September 2nd. Citigroup boosted their price objective on Dell Technologies from $515.00 to $600.00 and gave the stock a "buy" rating in a research note on Wednesday, September 2nd. Finally, TD Cowen upped their price objective on Dell Technologies from $500.00 to $550.00 and gave the company a "hold" rating in a report on Tuesday, September 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $569.96.

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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