Dell Technologies Inc. $DELL Shares Sold by Geneva Partners LLC

Key Points

• Geneva Partners LLC cut its Dell Technologies stake by 39.7% in the third quarter, selling 18,713 shares and retaining 28,399 shares worth approximately $15.3 million. Institutional investors collectively own 76.37% of the company.
• Dell continues expanding its AI infrastructure business through NVIDIA-backed initiatives and industrial deployments, while recent earnings showed strong momentum: quarterly revenue rose 57.7% year over year and EPS exceeded analyst estimates.
• The outlook remains mixed: Dell has a “Moderate Buy” consensus rating with a $569.96 average price target, but Barclays raised concerns about a lack of meaningful AI acceleration, contributing to an approximately 18.5% monthly share-price decline.

Geneva Partners LLC decreased its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 39.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,399 shares of the technology company's stock after selling 18,713 shares during the period. Dell Technologies comprises 4.6% of Geneva Partners LLC's portfolio, making the stock its 3rd biggest position. Geneva Partners LLC's holdings in Dell Technologies were worth $15,277,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Noble Wealth Management PBC boosted its stake in Dell Technologies by 113.6% in the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company's stock worth $25,000 after purchasing an additional 25 shares in the last quarter. Cornerstone Financial Management LLC grew its holdings in shares of 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 purchasing an additional 23 shares during the last quarter. Premier Financial Group bought a new stake in shares of Dell Technologies during the second quarter worth $34,000. Byrne Asset Management LLC acquired a new stake in shares of Dell Technologies in the second quarter valued at $38,000. Finally, Retirement Wealth Solutions LLC increased its stake in shares of Dell Technologies by 41.3% in the third quarter. Retirement Wealth Solutions LLC now owns 89 shares of the technology company's stock valued at $48,000 after buying an additional 26 shares in the last quarter. Institutional investors 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: Dell is expanding its AI infrastructure footprint. Honeywell launched Forge Plant Cognition, an industrial AI platform built using NVIDIA technology and Dell infrastructure, supporting potential demand from refining, petrochemical and LNG customers. Honeywell Technologies Launches Forge Plant Cognition
• Positive Sentiment: Additional reported deployments in industrial operations, education and sports analytics, along with Dell’s NVIDIA-backed “AI factory” and agentic-AI initiatives, reinforce the company’s positioning as an on-premises AI hardware provider. Dell AI Factory with NVIDIA
• Neutral Sentiment: Director Lynn Vojvodich Radakovich sold $930,120 of Dell shares, reducing her direct ownership by 7.3%. Because the transaction occurred under a pre-arranged Rule 10b5-1 plan, it provides limited evidence of a negative view of Dell’s prospects. Dell SEC Form 4 Filing
• Neutral Sentiment: Industry reports project continued growth in converged infrastructure and intelligent platform-management markets, areas where Dell participates, but these broad market forecasts do not necessarily translate into near-term revenue or earnings growth for DELL.
• Negative Sentiment: Barclays downgraded Dell, arguing that the company has not yet delivered a “meaningful AI inflection.” The downgrade has contributed to an approximately 18.5% monthly decline and highlights concerns that AI-server growth may not accelerate quickly enough to support the valuation. Dell Sinks 18.5% in a Month on Barclays Downgrade
• Negative Sentiment: Analysts and commentary are questioning whether Dell’s future cash generation can support the stock after substantial long-term gains, increasing sensitivity to execution, margins and AI demand.
• Negative Sentiment: Insider selling by executives and directors across several AI-related companies, including Dell, may add caution, although broader analyst support and institutional demand suggest the AI investment theme remains intact. Insiders Are Selling These 5 AI Stocks

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Egon Durban sold 1,850 shares of the business's stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $548.40, for a total transaction of $1,014,540.00. Following the completion of the sale, the director directly owned 1,405,236 shares of the company's stock, valued at approximately $770,631,422.40. The trade was a 0.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Spv-2 L.P. Sl sold 44,408 shares of the business's stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $25,858,778.40. Following the sale, the director directly owned 43,740 shares of the company's stock, valued at $25,469,802. This represents a 50.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,819,650 shares of company stock valued at $991,183,596. 41.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on DELL shares. Cantor Fitzgerald initiated coverage on Dell Technologies in a report on Wednesday, September 2nd. They issued an "overweight" rating for the company. Sanford C. Bernstein increased their price objective on shares of Dell Technologies from $500.00 to $650.00 and gave the stock an "outperform" rating in a report on Wednesday, September 2nd. Evercore reissued an "outperform" rating and set a $650.00 price objective on shares of Dell Technologies in a report on Wednesday, September 9th. JPMorgan Chase & Co. raised their price objective on shares of Dell Technologies from $565.00 to $635.00 and gave the company an "overweight" rating in a research report on Wednesday, September 2nd. Finally, Bank of America boosted their target price on shares of Dell Technologies from $505.00 to $600.00 and gave the stock a "buy" rating in a research note on Monday, August 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Dell Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $569.96.

Dell Technologies Stock Performance

Shares of DELL opened at $467.61 on Tuesday. The firm has a market capitalization of $297.31 billion, a price-to-earnings ratio of 27.14, a PEG ratio of 0.47 and a beta of 1.37. The business's fifty day moving average price is $512.73 and its two-hundred day moving average price is $321.50. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51.

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

Dell Technologies Announces Dividend

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 issued a $0.63 dividend. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.5%. Dell Technologies's dividend payout ratio (DPR) 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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