Seaview Investment Managers LLC Invests $230,000 in Dell Technologies Inc. $DELL

Key Points

• Seaview Investment Managers LLC has acquired 2,518 shares of Dell Technologies, valued at approximately $230,000, during the first quarter.
• Insider activity includes CEO Michael S. Dell selling 10 million shares for over $1.2 billion, indicating a 27.85% reduction in his stake.
• Dell Technologies announced a quarterly dividend of $0.525 per share, representing a yield of 1.5% and a payout ratio of 33.49%.

Seaview Investment Managers LLC purchased a new stake in Dell Technologies Inc. (NYSE:DELL - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,518 shares of the technology company's stock, valued at approximately $230,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Exchange Traded Concepts LLC boosted its stake in Dell Technologies by 25.9% in the 1st quarter. Exchange Traded Concepts LLC now owns 2,460 shares of the technology company's stock worth $224,000 after purchasing an additional 506 shares during the period. Wealthcare Advisory Partners LLC boosted its stake in Dell Technologies by 44.9% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 2,612 shares of the technology company's stock worth $238,000 after purchasing an additional 809 shares during the period. Mather Group LLC. boosted its stake in Dell Technologies by 113.3% in the 1st quarter. Mather Group LLC. now owns 1,043 shares of the technology company's stock worth $95,000 after purchasing an additional 554 shares during the period. Golden State Wealth Management LLC boosted its stake in Dell Technologies by 54.6% in the 1st quarter. Golden State Wealth Management LLC now owns 4,411 shares of the technology company's stock worth $402,000 after purchasing an additional 1,558 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Dell Technologies by 9.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 59,429 shares of the technology company's stock worth $5,417,000 after purchasing an additional 4,977 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

Insider Transactions at Dell Technologies

In other Dell Technologies news, insider William F. Scannell sold 91,230 shares of the stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $118.42, for a total value of $10,803,456.60. Following the transaction, the insider directly owned 56,429 shares of the company's stock, valued at $6,682,322.18. This represents a 61.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Richard J. Rothberg sold 70,165 shares of the stock in a transaction dated 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 transaction, 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. Over the last 90 days, insiders sold 12,989,063 shares of company stock worth $1,583,673,412. 42.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on DELL shares. UBS Group reduced their target price on shares of Dell Technologies from $150.00 to $145.00 and set a "buy" rating for the company in a research note on Friday, May 30th. Bank of America increased their price objective on shares of Dell Technologies from $155.00 to $165.00 and gave the stock a "buy" rating in a research note on Friday, July 18th. JPMorgan Chase & Co. increased their price objective on shares of Dell Technologies from $125.00 to $145.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Citigroup increased their price objective on shares of Dell Technologies from $135.00 to $160.00 and gave the stock a "buy" rating in a research note on Monday, August 11th. Finally, KeyCorp began coverage on shares of Dell Technologies in a research note on Thursday, June 26th. They set a "sector weight" rating for the company. Sixteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Dell Technologies has a consensus rating of "Moderate Buy" and an average price target of $143.00.

Dell Technologies Stock Down 2.3%

Shares of DELL stock traded down $3.1980 on Tuesday, reaching $134.9320. The stock had a trading volume of 1,321,368 shares, compared to its average volume of 7,100,629. The firm's 50-day moving average is $126.27 and its two-hundred day moving average is $108.98. The firm has a market capitalization of $91.60 billion, a price-to-earnings ratio of 21.48, a P/E/G ratio of 0.97 and a beta of 1.02. Dell Technologies Inc. has a 12 month low of $66.25 and a 12 month high of $147.66.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its earnings results on Thursday, May 29th. The technology company reported $1.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.68 by ($0.13). The firm had revenue of $23.38 billion during the quarter, compared to the consensus estimate of $23.17 billion. Dell Technologies had a net margin of 4.63% and a negative return on equity of 226.48%. The firm's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.27 earnings per share. Dell Technologies has set its Q2 2026 guidance at 2.250-2.25 EPS. FY 2026 guidance at 9.400-9.40 EPS. On average, sell-side analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 22nd were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, July 22nd. Dell Technologies's dividend payout ratio is currently 33.49%.

Dell Technologies 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).