Sequoia Financial Advisors LLC Purchases 2,176 Shares of Dell Technologies Inc. $DELL

Key Points

• Sequoia Financial Advisors increased its Dell position by 4.5%, buying 2,176 shares to own 50,146 shares valued at approximately $21.6 million. Institutional investors and hedge funds collectively own 76.37% of Dell.
• Dell reported strong quarterly results, with $7.04 in EPS and $46.97 billion in revenue, up 57.7% year over year. Record AI-server orders and an approximately $95 billion backlog are driving bullish analyst sentiment.
• Despite a consensus “Moderate Buy” rating and $556.92 price target, investors face rising valuation and execution risks after the stock’s sharp rally; recent insider sales and plans to issue roughly $4 billion in bonds are additional considerations.

Sequoia Financial Advisors LLC lifted its position in shares of Dell Technologies Inc. (NYSE:DELL - Free Report) by 4.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,146 shares of the technology company's stock after purchasing an additional 2,176 shares during the period. Sequoia Financial Advisors LLC's holdings in Dell Technologies were worth $21,636,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. ProShare Advisors LLC boosted its holdings in shares of Dell Technologies by 10.5% during the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company's stock worth $10,157,000 after buying an additional 7,642 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Dell Technologies during the fourth quarter worth approximately $23,332,000. Plato Investment Management Ltd acquired a new stake in Dell Technologies during the second quarter worth approximately $5,913,000. Gabelli Funds LLC boosted its holdings in shares of Dell Technologies by 49.0% during the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company's stock worth $7,565,000 after acquiring an additional 15,150 shares during the period. Finally, MUFG Securities EMEA plc grew its position in shares of Dell Technologies by 112.9% in the fourth quarter. MUFG Securities EMEA plc now owns 12,356 shares of the technology company's stock valued at $1,555,000 after purchasing an additional 6,553 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Key Dell Technologies News

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

• Positive Sentiment: Evercore raised its price target and reaffirmed Dell as a top pick, while other analysts maintain bullish ratings. The company’s record AI-server orders, approximately $95 billion backlog and accelerating enterprise infrastructure spending underpin expectations for further upside. Dell rises as Evercore names it a top pick
• Positive Sentiment: Recent quarterly results continue to support the rally. Dell reported $7.04 EPS versus the $4.91 consensus estimate and revenue of $46.97 billion, up 57.7% year over year. AI-server orders totaled a record $60.9 billion, reinforcing expectations for strong growth in data-center infrastructure. Dell Q2 2027 earnings call transcript
• Positive Sentiment: Investors are also watching the Goldman Sachs conference for additional commentary on AI demand, enterprise adoption and the company’s raised outlook. Coverage highlights Dell’s expanding role in “on-premise” AI deployments, broadening its opportunity beyond hyperscale cloud customers. Dell conference presentation transcript
• Neutral Sentiment: Dell plans to raise approximately $4 billion through bonds to refinance debt while funding its AI-server expansion. Refinancing may improve flexibility, but investors will monitor borrowing costs, leverage and returns on the company’s substantial infrastructure investment. Dell plans $4 billion bond sale
• Negative Sentiment: Insider selling is a modest headwind. CMO Jane Tunnell and insider Jennifer Saavedra sold shares, while Silver Lake-affiliated entities sold more than 400,000 shares in several transactions. Although these sales may reflect diversification or planned liquidity needs, they reduce insider ownership as DELL trades near record levels. Dell insider selling
• Negative Sentiment: After a gain exceeding 300% over the past year, valuation and execution risks are rising. The stock’s premium multiple leaves less room for weaker AI-server demand, margin pressure or delays converting its backlog into profitable revenue. Dell valuation and backlog analysis

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Loop Capital lifted their price target on Dell Technologies from $150.00 to $550.00 and gave the stock a "buy" rating in a report on Friday, May 29th. Jefferies Financial Group lowered Dell Technologies to a "hold" rating in a report on Monday, June 1st. TD Cowen increased their price objective on Dell Technologies from $450.00 to $500.00 and gave the stock a "hold" rating in a research report on Wednesday, September 2nd. Weiss Ratings reissued a "buy (b)" rating on shares of Dell Technologies in a report on Wednesday, August 12th. Finally, Argus boosted their target price on shares of Dell Technologies from $200.00 to $460.00 and gave the company a "buy" rating in a research report on Friday, May 29th. One 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 company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $556.92.

Insider Buying and Selling at Dell Technologies

In related news, CMO Jane Tunnell sold 5,436 shares of the company's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $523.51, for a total transaction of $2,845,800.36. Following the completion of the sale, the chief marketing officer owned 41,539 shares of the company's stock, valued at $21,746,081.89. This represents a 11.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Silver Lake Partners V. De (Aiv sold 28,696 shares of the firm's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $521.34, for a total transaction of $14,960,372.64. Following the completion of the transaction, the director directly owned 50,263 shares in the company, valued at approximately $26,204,112.42. This represents a 36.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,301,517 shares of company stock valued at $607,019,380 over the last three months. 41.50% of the stock is owned by insiders.

Dell Technologies Trading Up 0.2%

Shares of DELL stock opened at $535.20 on Thursday. The stock has a market cap of $346.87 billion, a P/E ratio of 31.06, a price-to-earnings-growth ratio of 0.55 and a beta of 1.34. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $562.99. The stock has a 50 day simple moving average of $445.73 and a 200 day simple moving average of $319.04.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping analysts' consensus estimates of $4.91 by $2.13. The firm had revenue of $46.97 billion for the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The company's revenue was up 57.7% on a year-over-year basis. During the same quarter last year, the company earned $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. Analysts forecast that Dell Technologies Inc. will post 25.14 EPS for the current year.

Dell Technologies Dividend Announcement

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

Dell Technologies Profile

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, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.

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