Dell Technologies Inc. $DELL Stock Sold by Element Pointe Advisors LLC

Element Pointe Advisors LLC lowered its holdings in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 49.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,945 shares of the technology company's stock after selling 2,868 shares during the quarter. Element Pointe Advisors LLC's holdings in Dell Technologies were worth $1,584,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE grew its stake in Dell Technologies by 7.6% in the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company's stock valued at $2,362,624,000 after acquiring an additional 1,011,101 shares during the period. Wellington Management Group LLP raised its position in Dell Technologies by 140.1% during the second quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company's stock worth $1,090,294,000 after acquiring an additional 1,474,347 shares during the period. Dimensional Fund Advisors LP raised its position in Dell Technologies by 3.0% during the first quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company's stock worth $157,869,000 after acquiring an additional 27,668 shares during the period. Swiss National Bank raised its position in Dell Technologies by 4.7% during the first quarter. Swiss National Bank now owns 931,008 shares of the technology company's stock worth $152,806,000 after acquiring an additional 41,700 shares during the period. Finally, Amundi lifted its holdings in Dell Technologies by 5.8% during the first quarter. Amundi now owns 845,709 shares of the technology company's stock valued at $138,806,000 after purchasing an additional 46,240 shares in the last quarter. 76.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Piper Sandler reiterated an "overweight" rating and issued a $558.00 target price (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. Mizuho boosted their target price on shares of Dell Technologies from $600.00 to $650.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 6th. Bank of America upped their price target on shares of Dell Technologies from $505.00 to $600.00 and gave the stock a "buy" rating in a research report on Monday, August 31st. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Dell Technologies in a research note on Friday, October 9th. Finally, JPMorgan Chase & Co. raised their price target on shares of Dell Technologies from $565.00 to $635.00 and gave the company an "overweight" rating in a research note on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $569.96.

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the firm's stock in a transaction on Friday, October 9th. The stock was sold at an average price of $586.40, for a total transaction of $1,055,520.00. Following the completion of the sale, the director owned 1,404,569 shares of the company's stock, valued at $823,639,261.60. This trade represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Spv-2 L.P. Sl sold 44,408 shares of Dell Technologies stock in a transaction on 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 sale, the director owned 43,740 shares in the company, valued at $25,469,802. This represents a 50.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,817,628 shares of company stock valued at $990,253,476 over the last 90 days. Corporate insiders own 41.50% of the company's stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Super Micro’s stronger outlook lifted the AI-server group. Super Micro raised its preliminary fiscal first-quarter revenue forecast to $18.5 billion-$19.5 billion, approximately $4 billion above its prior midpoint, and projected gross margins of 12%-12.5%. The update provided fresh evidence of robust AI infrastructure demand and supported Dell and other server makers. Why Is Dell Stock Surging Wednesday?
• Positive Sentiment: Dell expanded its AI Factory platform with NVIDIA. New offerings span deskside agentic-AI systems, workstations and data-center infrastructure designed to help enterprises move AI from testing into production. Dell said its AI Factory customer base has grown to more than 6,500 from 5,000 in the prior quarter, strengthening the investment case for its AI-server backlog and ecosystem. Dell Technologies Advances Enterprise Agentic AI from the Deskside to Data Center with NVIDIA
• Positive Sentiment: Management emphasized supply availability as a competitive advantage. Dell said that, in the tight AI market, access to components and delivery capacity may matter more than price, suggesting demand remains strong enough for customers to prioritize timely deployment. In a tight AI market, Dell says supply matters more than price
• Positive Sentiment: Dell reportedly raised its dividend by 20% for the fourth consecutive year, adding to shareholder-return support and signaling confidence in cash generation. Dell Technologies raises its dividend 20% for the fourth year running
• Neutral Sentiment: Former Dell CFO Yvonne McGill joined Sourceability’s board. The appointment highlights her industry experience but has limited direct financial impact on Dell. Sourceability Appoints Yvonne McGill to Its Board
• Negative Sentiment: Barclays recently downgraded Dell, arguing that its valuation has outpaced the pace of enterprise AI adoption. Investors also remain concerned about memory and other component shortages, as well as debt risks among AI infrastructure customers such as CoreWeave. Dell Stock Got Hit by a Downgrade

Dell Technologies Stock Up 5.4%

NYSE DELL opened at $486.29 on Thursday. The business's fifty day simple moving average is $514.95 and its 200-day simple moving average is $401.21. The firm has a market cap of $309.19 billion, a PE ratio of 28.22, a P/E/G ratio of 0.48 and a beta of 1.37. 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 posted 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. 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 business's revenue for the quarter was up 57.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. Research analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies's dividend payout ratio is presently 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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