FORA Capital LLC Takes Position in Dell Technologies Inc. $DELL

Key Points

• FORA Capital LLC has acquired 10,587 shares of Dell Technologies Inc., valued at approximately $965,000, marking a significant investment in the company during the first quarter.
• Recent analyst reports have been optimistic, with Citigroup, JPMorgan Chase & Co., and Bank of America increasing their target prices for Dell, indicating a positive outlook for the stock.
• Corporate insiders, including CEO Michael S. Dell, have sold large quantities of shares recently, with total insider sales amounting to $1.58 billion over the past three months.

FORA Capital LLC bought a new stake in Dell Technologies Inc. (NYSE:DELL - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 10,587 shares of the technology company's stock, valued at approximately $965,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bellwether Advisors LLC acquired a new position in Dell Technologies in the 4th quarter valued at about $25,000. Smallwood Wealth Investment Management LLC acquired a new position in Dell Technologies in the 1st quarter valued at about $25,000. N.E.W. Advisory Services LLC acquired a new position in Dell Technologies in the 1st quarter valued at about $26,000. Cheviot Value Management LLC acquired a new position in Dell Technologies in the 1st quarter valued at about $27,000. Finally, Cullen Frost Bankers Inc. boosted its holdings in Dell Technologies by 270.7% in the 1st quarter. Cullen Frost Bankers Inc. now owns 304 shares of the technology company's stock valued at $28,000 after purchasing an additional 222 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, CEO Michael S. Dell sold 10,000,000 shares of the stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $122.27, for a total value of $1,222,700,000.00. Following the sale, the chief executive officer directly owned 25,912,241 shares of the company's stock, valued at approximately $3,168,289,707.07. This represents a 27.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, General Counsel Richard J. Rothberg sold 70,165 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $108.82, for a total transaction of $7,635,355.30. Following the completion of the sale, the general counsel directly owned 79,928 shares in the company, valued at approximately $8,697,764.96. This represents a 46.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,989,063 shares of company stock valued at $1,583,673,412. 42.00% of the stock is currently owned by company insiders.

Dell Technologies Stock Performance

Shares of Dell Technologies stock traded down $11.85 during trading hours on Friday, reaching $122.20. 24,308,936 shares of the company were exchanged, compared to its average volume of 4,835,604. The firm has a market cap of $82.96 billion, a PE ratio of 17.97, a PEG ratio of 0.85 and a beta of 1.02. Dell Technologies Inc. has a 1 year low of $66.25 and a 1 year high of $147.66. The stock's fifty day moving average is $129.15 and its 200 day moving average is $110.43.

Dell Technologies (NYSE:DELL - Get Free Report) last released its earnings results on Thursday, August 28th. The technology company reported $2.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.29 by $0.03. Dell Technologies had a negative return on equity of 251.39% and a net margin of 4.73%.The firm had revenue of $29.78 billion during the quarter, compared to analyst estimates of $29.14 billion. During the same period last year, the business posted $1.89 earnings per share. Dell Technologies's revenue was up 19.0% compared to the same quarter last year. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Research analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Tuesday, July 22nd were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Tuesday, July 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.7%. Dell Technologies's payout ratio is currently 30.88%.

Analysts Set New Price Targets

DELL has been the topic of several recent analyst reports. Citigroup boosted their target price on shares of Dell Technologies from $135.00 to $160.00 and gave the company a "buy" rating in a report on Monday, August 11th. Cowen restated a "hold" rating on shares of Dell Technologies in a report on Friday. Evercore ISI lifted their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the company an "outperform" rating in a report on Friday, August 15th. Mizuho upped their price target on Dell Technologies from $140.00 to $145.00 and gave the stock an "outperform" rating in a research note on Monday, May 19th. Finally, TD Cowen upped their price target on Dell Technologies from $125.00 to $130.00 and gave the stock a "hold" rating in a research note on Friday. Fourteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $146.31.

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).