Dell Technologies Inc. $DELL Shares Sold by J. Safra Sarasin Holding AG

Key Points

• J. Safra Sarasin Holding AG significantly reduced its stake in Dell Technologies by 92.8%, selling 34,500 shares and leaving them with 2,686 shares valued at approximately $329,000.
• Insiders, including Director William D. Green, sold a total of 3.78 million shares valued at over $505 million in the last ninety days, leading to a 42% ownership of the stock by insiders.
• Dell Technologies recently announced a quarterly dividend of $0.525 per share, expected to yield 1.5%, with an annualized payout of $2.10.

J. Safra Sarasin Holding AG trimmed its stake in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 92.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,686 shares of the technology company's stock after selling 34,500 shares during the quarter. J. Safra Sarasin Holding AG's holdings in Dell Technologies were worth $329,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Dell Technologies by 4.1% in the first quarter. Vanguard Group Inc. now owns 29,106,218 shares of the technology company's stock valued at $2,653,032,000 after buying an additional 1,145,658 shares in the last quarter. Boston Partners grew its holdings in Dell Technologies by 34.4% during the first quarter. Boston Partners now owns 5,132,877 shares of the technology company's stock worth $466,418,000 after acquiring an additional 1,312,600 shares during the period. Deutsche Bank AG grew its holdings in Dell Technologies by 38.1% during the first quarter. Deutsche Bank AG now owns 4,141,618 shares of the technology company's stock worth $377,508,000 after acquiring an additional 1,142,012 shares during the period. Alkeon Capital Management LLC grew its holdings in Dell Technologies by 41.4% during the first quarter. Alkeon Capital Management LLC now owns 3,177,809 shares of the technology company's stock worth $289,657,000 after acquiring an additional 931,032 shares during the period. Finally, Invesco Ltd. grew its holdings in Dell Technologies by 20.5% during the first quarter. Invesco Ltd. now owns 2,952,829 shares of the technology company's stock worth $269,150,000 after acquiring an additional 502,764 shares during the period. 76.37% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Dell Technologies

In related news, Director William D. Green sold 65,000 shares of the company's stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $150.50, for a total value of $9,782,500.00. Following the completion of the transaction, the director directly owned 47,619 shares in the company, valued at approximately $7,166,659.50. This represents a 57.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the company's stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $135.98, for a total value of $112,183,364.02. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 3,781,682 shares of company stock worth $505,183,267. 42.00% of the stock is currently owned by insiders.

Dell Technologies Stock Performance

Dell Technologies stock opened at $140.64 on Friday. The stock has a fifty day moving average of $131.84 and a two-hundred day moving average of $115.05. The company has a market capitalization of $94.56 billion, a price-to-earnings ratio of 20.68, a PEG ratio of 0.96 and a beta of 1.05. Dell Technologies Inc. has a fifty-two week low of $66.25 and a fifty-two week high of $152.10.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.29 by $0.03. The company had revenue of $29.78 billion during the quarter, compared to the consensus estimate of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.Dell Technologies's revenue was up 19.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.89 earnings per share. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. On average, analysts forecast that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 1.5%. The ex-dividend date is Tuesday, October 21st. Dell Technologies's dividend payout ratio is presently 30.88%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on DELL shares. Wall Street Zen raised Dell Technologies from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. Raymond James Financial lifted their price objective on Dell Technologies from $150.00 to $152.00 and gave the stock an "outperform" rating in a report on Friday, August 29th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Dell Technologies in a report on Saturday, September 27th. Bank of America lifted their price objective on Dell Technologies from $167.00 to $170.00 and gave the stock a "buy" rating in a report on Wednesday. Finally, Evercore ISI lifted their price objective on Dell Technologies from $150.00 to $160.00 and gave the stock an "outperform" rating in a report on Friday, August 15th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, Dell Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $148.67.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).

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