Integrity Financial Corp WA Sells 4,970 Shares of Dell Technologies Inc. $DELL

Key Points

• Integrity Financial Corp WA cut its Dell Technologies stake by 91.1% in the second quarter, selling 4,970 shares and retaining 488 shares worth approximately $211,000. Institutional investors collectively own 76.37% of Dell.
• Dell reported record quarterly revenue of $46.97 billion, up 57.7% year over year, and adjusted EPS of $7.04, surpassing analyst estimates. Record AI-server orders of $60.9 billion lifted the company’s AI backlog to roughly $95 billion.
• Management raised fiscal 2027 guidance to approximately $192 billion in revenue and $25.50 adjusted EPS. Despite strong business momentum and a “Moderate Buy” consensus rating, insiders have sold about 1.53 million shares valued at $619.3 million over the past three months.

Integrity Financial Corp WA lessened its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 91.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 488 shares of the technology company's stock after selling 4,970 shares during the quarter. Integrity Financial Corp WA's holdings in Dell Technologies were worth $211,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of DELL. Commonwealth Retirement Investments LLC bought a new position in shares of Dell Technologies in the 4th quarter worth approximately $25,000. Rossby Financial LCC grew its position in Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company's stock valued at $26,000 after buying an additional 184 shares during the period. Navalign LLC bought a new stake in Dell Technologies during the fourth quarter valued at approximately $29,000. Kemnay Advisory Services Inc. purchased a new stake in Dell Technologies during the fourth quarter valued at approximately $29,000. Finally, WealthCollab LLC raised its position in Dell Technologies by 82.0% in the second quarter. WealthCollab LLC now owns 253 shares of the technology company's stock worth $31,000 after acquiring an additional 114 shares during the period. 76.37% of the stock is owned by hedge funds and other institutional investors.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell reported record quarterly revenue of approximately $46.97 billion, up nearly 58% year over year, while adjusted EPS of $7.04 exceeded the $4.91 consensus estimate. Dell shares gain after strong AI server demand boosts annual forecast
• Positive Sentiment: AI server orders reached a record $60.9 billion, helping expand Dell’s AI-related backlog to roughly $95 billion. The backlog provides significant revenue visibility and reinforces the view that AI capital spending is translating into hardware sales. Dell AI Server Momentum Accelerates With Record AI Orders
• Positive Sentiment: Management raised fiscal 2027 revenue guidance to approximately $192 billion from $167 billion and increased adjusted EPS guidance to $25.50 from $17.90. The higher outlook, Dell’s fifth consecutive revenue-guidance beat, prompted several analysts to lift price targets; JPMorgan raised its target to $635 while maintaining an Overweight rating. Dell shares rise as demand jumps for AI servers
• Positive Sentiment: Investors are increasingly viewing Dell as a key “picks-and-shovels” beneficiary of AI, particularly as enterprises consider on-premises infrastructure to control cloud-computing and AI token costs. Strong results from Broadcom and Hewlett Packard Enterprise have further supported the broader AI infrastructure trade. AI Infrastructure Demand Remains Red-Hot

Insider Buying and Selling

In other news, Director Spv-2 L.P. Sl sold 131,040 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $398.13, for a total transaction of $52,170,955.20. Following the completion of the transaction, the director directly owned 12,619 shares in the company, valued at approximately $5,024,002.47. This represents a 91.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 138,885 shares of the firm's stock in a transaction on Monday, June 8th. The shares were sold at an average price of $398.13, for a total transaction of $55,294,285.05. Following the completion of the transaction, the director directly owned 8,585 shares of the company's stock, valued at approximately $3,417,946.05. This trade represents a 94.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,527,629 shares of company stock valued at $619,325,485. 41.50% of the stock is owned by corporate insiders.

Dell Technologies Price Performance

DELL stock opened at $512.66 on Friday. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $530.78. The business has a 50 day simple moving average of $436.67 and a two-hundred day simple moving average of $307.41. The company has a market capitalization of $332.26 billion, a price-to-earnings ratio of 29.75, a PEG ratio of 0.89 and a beta of 1.34.

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, topping the consensus estimate of $4.91 by $2.13. The firm had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The company's quarterly revenue was up 57.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.70 earnings per share. 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. Sell-side analysts anticipate that Dell Technologies Inc. will post 18.22 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies's dividend payout ratio is 14.63%.

Analysts Set New Price Targets

DELL has been the subject of several analyst reports. Royal Bank Of Canada assumed coverage on Dell Technologies in a research note on Friday, May 29th. They issued an "outperform" rating for the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Dell Technologies in a research note on Wednesday, August 12th. Argus lifted their price objective on Dell Technologies from $200.00 to $460.00 and gave the company a "buy" rating in a research report on Friday, May 29th. William Blair initiated coverage on shares of Dell Technologies in a research note on Monday, June 1st. They set a "neutral" rating on the stock. Finally, Melius Research lifted their price target on shares of Dell Technologies from $650.00 to $735.00 and gave the company a "buy" rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Dell Technologies has a consensus rating of "Moderate Buy" and an average price target of $553.79.

About Dell Technologies

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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