MFG Wealth Management Inc. Sells 4,154 Shares of Dell Technologies Inc. $DELL

Key Points

• MFG Wealth Management cut its Dell Technologies stake by 37% in the second quarter, selling 4,154 shares and retaining 7,087 shares worth approximately $3.06 million. Institutional investors collectively own 76.37% of Dell.
• Dell reported strong recent results, with revenue up 87.5% year over year and earnings of $4.86 per share, well above the $2.96 analyst consensus. Analysts maintain a “Moderate Buy” consensus with an average price target of $494.67, citing AI-server demand and enterprise technology spending.
• Despite the positive growth outlook, valuation and trading risks remain: Dell is near its 52-week high, some analysts have downgraded the stock or flagged a failed breakout, and insiders sold roughly $1.45 billion of shares during the last quarter.

MFG Wealth Management Inc. decreased its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 37.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,087 shares of the technology company's stock after selling 4,154 shares during the period. Dell Technologies accounts for 2.2% of MFG Wealth Management Inc.'s investment portfolio, making the stock its 15th biggest holding. MFG Wealth Management Inc.'s holdings in Dell Technologies were worth $3,058,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Byrne Asset Management LLC purchased a new stake in shares of Dell Technologies during the second quarter valued at approximately $38,000. Elevation Wealth Partners LLC boosted its position in Dell Technologies by 5,900.0% in the second quarter. Elevation Wealth Partners LLC now owns 180 shares of the technology company's stock worth $78,000 after purchasing an additional 177 shares during the last quarter. Commonwealth Retirement Investments LLC purchased a new position in Dell Technologies in the fourth quarter worth $25,000. Rossby Financial LCC grew its stake in Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company's stock valued at $26,000 after purchasing an additional 184 shares during the period. Finally, Portus Wealth Advisors LLC purchased a new stake in shares of Dell Technologies during the 1st quarter valued at $35,000. Hedge funds and other 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: Investors continue to point to Dell’s AI-server momentum, including reported contract wins tied to the Volta AI factory and Texas A&M’s IGNITE platform. The company’s latest results also showed record revenue, strong AI-optimized server sales and a substantial AI order pipeline. Dell Technologies Could Be 4% Below Fair Value on AI Infrastructure Wins
• Positive Sentiment: Analyst sentiment remains broadly favorable, with recent price targets generally above the current trading range and a reported median target of $500. Optimism centers on enterprise IT spending and demand for AI servers, while partnerships with Nvidia, AMD and Microsoft reinforce Dell’s competitive positioning. Is Dell Technologies a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: A broader view from Barchart argues that Dell’s long-term growth opportunity remains intact despite its major rally, citing rising enterprise technology spending as a foundation for further expansion. After a 250% Rally, Dell Stock Still Has Room to Run
• Neutral Sentiment: Dell’s collaboration with Nokia and Nvidia on AI-powered radio access networks and future 6G connectivity adds strategic visibility, although the initiative is primarily a Nokia-focused announcement and its direct financial impact on Dell is not yet clear. Nokia Launches AI RAN Platform
• Negative Sentiment: Seeking Alpha downgraded Dell, arguing that the business is strong but the stock is now fully valued following its steep advance. This valuation concern could encourage profit-taking near the stock’s highs. Dell: Great Business, Full Price
• Negative Sentiment: Weakness in a major AI-server peer triggered a sector-wide reassessment, pressuring Dell on concerns that AI hardware demand or near-term orders could disappoint. Dell’s next earnings report is scheduled for September 3, leaving the stock sensitive to peer results and industry commentary. Dell Slips as Peer Earnings Pressure AI Server Trade
• Negative Sentiment: Investor’s Business Daily highlighted a failed breakout and discussed exiting the trade, signaling short-term technical risk after Dell’s rapid run-up. Extensive recent insider selling may add to concerns about profit-taking, even though it does not necessarily indicate deteriorating fundamentals. Exiting Gracefully on Opening Bell Disasters

Dell Technologies Stock Performance

Shares of DELL opened at $453.71 on Friday. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $485.70. The business has a 50-day moving average of $417.22 and a 200 day moving average of $260.25. The firm has a market cap of $294.05 billion, a P/E ratio of 36.04, a price-to-earnings-growth ratio of 0.93 and a beta of 1.33.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts' consensus estimates of $2.96 by $1.90. The firm had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The company's quarterly revenue was up 87.5% on a year-over-year basis. During the same quarter last year, the business earned $1.55 earnings per share. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. As a group, research analysts predict that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were issued a $0.63 dividend. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies's dividend payout ratio (DPR) is 20.02%.

Insider Buying and Selling

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the business's stock in a transaction on Monday, June 1st. The shares were sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the sale, the director owned 24,287 shares of the company's stock, valued at $11,123,203.13. The trade was a 88.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $80,560,898.99. Following the sale, the director owned 36,659 shares in the company, valued at approximately $16,789,455.41. This represents a 82.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,434,758 shares of company stock valued at $1,448,870,683 over the last quarter. 41.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DELL. Loop Capital lifted their target price on Dell Technologies from $150.00 to $550.00 and gave the stock a "buy" rating in a research note on Friday, May 29th. Jefferies Financial Group downgraded shares of Dell Technologies to a "hold" rating in a report on Monday, June 1st. CLSA raised shares of Dell Technologies to an "outperform" rating in a research report on Friday, May 29th. Morgan Stanley boosted their target price on shares of Dell Technologies from $448.00 to $477.00 and gave the company an "equal weight" rating in a research note on Tuesday, June 23rd. Finally, Sanford C. Bernstein increased their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the company an "outperform" rating in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $494.67.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source