Dell Technologies (NYSE:DELL) Director Sells $15,271,336.77 in Stock

Key Points

• Silver Lake Partners, a Dell director, sold 26,539 shares for approximately $15.27 million at an average price of $575.43, reducing its position by 69.65% to 11,567 shares.
• Dell reported strong quarterly results, with EPS of $7.04 beating estimates of $4.91 and revenue rising 57.7% year over year to $46.97 billion. Shares recently traded near $575, close to their 52-week high of $595.51.
• The company declared a quarterly dividend of $0.63 per share, equivalent to a $2.52 annualized payout and a 0.4% yield. Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $571.12.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Silver Lake Partners De (Aiv sold 26,539 shares of Dell Technologies stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $575.43, for a total transaction of $15,271,336.77. Following the completion of the transaction, the director directly owned 11,567 shares in the company, valued at approximately $6,655,998.81. The trade was a 69.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Dell Technologies Trading Down 0.7%

Shares of DELL traded down $3.79 during midday trading on Thursday, hitting $575.17. 5,129,460 shares of the company's stock traded hands, compared to its average volume of 8,301,964. The stock has a market capitalization of $365.70 billion, a price-to-earnings ratio of 33.38, a price-to-earnings-growth ratio of 0.59 and a beta of 1.37. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $595.51. The firm's fifty day moving average is $501.03 and its 200-day moving average is $376.99.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping analysts' consensus estimates of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The company had revenue of $46.97 billion during the quarter, compared to analysts' expectations of $44.89 billion. During the same quarter in the previous year, the firm posted $1.70 EPS. The firm's revenue was up 57.7% compared to the same quarter last year. 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. On average, equities research analysts anticipate that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 0.4%. The ex-dividend date is Tuesday, October 20th. Dell Technologies's payout ratio is presently 14.63%.

Institutional Investors Weigh In On Dell Technologies

A number of hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE lifted its stake in Dell Technologies by 7.6% in the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company's stock worth $2,362,624,000 after acquiring an additional 1,011,101 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Dell Technologies by 140.1% in the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company's stock valued at $1,090,294,000 after buying an additional 1,474,347 shares in the last quarter. Deutsche Bank AG grew its holdings in shares of Dell Technologies by 24.6% during the fourth quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company's stock worth $694,489,000 after purchasing an additional 1,090,336 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Dell Technologies by 5.0% in the second quarter. NewEdge Advisors LLC now owns 480,589 shares of the technology company's stock valued at $207,355,000 after buying an additional 22,924 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Dell Technologies by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company's stock worth $157,869,000 after purchasing an additional 27,668 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Analyst optimism remains a key support. Dell recently received an analyst upgrade and a higher price target, following reported AI-server orders of $60.9 billion, quarterly AI-server revenue of $16.4 billion and a backlog of approximately $95 billion. Dell Technologies Shares Climb on Analyst Upgrade
• Positive Sentiment: Investor-focused coverage highlights Dell’s expanding AI customer base and backlog, suggesting demand could exceed current Wall Street expectations through 2027. One Overlooked AI Stock That Could Surprise Investors
• Positive Sentiment: Dell launched new Windows PCs and workstations for “agentic AI” in collaboration with NVIDIA and Microsoft, expanding its AI opportunity beyond data-center servers. Dell Technologies Drives the Agentic AI Era
• Positive Sentiment: Dell’s expanded AI Data Platform adds data orchestration, a unified semantic layer, knowledge-graph capabilities and NVIDIA acceleration, potentially strengthening its enterprise AI positioning. Can Dell Turn Its New AI Data Platform Into a Durable Competitive Advantage?
• Neutral Sentiment: Michael Dell’s high-profile support for Trump Accounts and proposed stock donations may increase visibility for Dell, but the initiative has no clear near-term effect on operating results. Michael Dell Defends Trump Accounts Stock Donations
• Negative Sentiment: Profit-taking in server stocks, particularly Super Micro Computer, pressured the broader AI-infrastructure trade and contributed to weakness in Dell and Hewlett Packard Enterprise. Profit Taking Unwinds Server Rally
• Negative Sentiment: After rising roughly 347% this year and reaching a market capitalization above $360 billion, Dell faces elevated expectations and potential mean-reversion risk despite strong AI fundamentals. Dell Stock Is on a Strong Bull Run

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Weiss Ratings restated a "buy (b)" rating on shares of Dell Technologies in a research report on Wednesday, August 12th. Mizuho raised their price objective on shares of Dell Technologies from $600.00 to $650.00 and gave the stock an "outperform" rating in a research report on Tuesday. Barclays boosted their target price on shares of Dell Technologies from $550.00 to $603.00 and gave the company an "overweight" rating in a report on Wednesday, September 2nd. Citigroup lifted their price target on shares of Dell Technologies from $515.00 to $600.00 and gave the company a "buy" rating in a research report on Wednesday, September 2nd. Finally, Truist Financial increased their price objective on Dell Technologies from $360.00 to $505.00 and gave the stock a "hold" rating in a research report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $571.12.

About Dell Technologies

Dell Technologies Inc NYSE: DELL is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.

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