Dell Technologies (NYSE:DELL) Director Sells 27,629 Shares

Key Points

• Silver Lake Partners sold 27,629 Dell shares at an average price of $540.39, generating approximately $14.93 million. The sale reduced its direct ownership by 53.01% to 24,488 shares.
• Dell shares climbed 11.8% to $566.62, near their 52-week high, amid strong quarterly results. EPS of $7.04 exceeded estimates by $2.13, while revenue rose 57.7% year over year to $46.97 billion.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $560.24. Dell also declared a quarterly dividend of $0.63 per share, equivalent to a 0.4% annualized yield.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Silver Lake Partners De (Aiv sold 27,629 shares of the company's stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $540.39, for a total value of $14,930,435.31. Following the completion of the transaction, the director directly owned 24,488 shares of the company's stock, valued at approximately $13,233,070.32. This represents a 53.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Dell Technologies Stock Up 11.8%

Dell Technologies stock traded up $60.00 during mid-day trading on Friday, reaching $566.62. 14,381,626 shares of the company's stock were exchanged, compared to its average volume of 8,379,858. The business's fifty day simple moving average is $447.99 and its 200 day simple moving average is $321.75. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $567.75. The firm has a market capitalization of $367.23 billion, a PE ratio of 32.89, a P/E/G ratio of 0.55 and a beta of 1.34.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter in the prior year, the company earned $1.70 EPS. The business's revenue for the quarter was up 57.7% on a year-over-year basis. 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, sell-side analysts forecast that Dell Technologies Inc. will post 25.14 earnings per share 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 given a dividend of $0.63 per share. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.4%. Dell Technologies's dividend payout ratio is presently 14.63%.

Hedge Funds Weigh In On Dell Technologies

Several large investors have recently modified their holdings of DELL. Cornerstone Financial Management LLC increased its position in shares of Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company's stock valued at $28,000 after buying an additional 23 shares during the period. Triumph Capital Management boosted its position in shares of Dell Technologies by 2.3% in the second quarter. Triumph Capital Management now owns 1,405 shares of the technology company's stock valued at $606,000 after acquiring an additional 32 shares during the period. Accel Wealth Management grew its stake in Dell Technologies by 2.8% during the second quarter. Accel Wealth Management now owns 1,421 shares of the technology company's stock valued at $613,000 after acquiring an additional 39 shares in the last quarter. West Family Investments Inc. grew its stake in Dell Technologies by 3.6% during the second quarter. West Family Investments Inc. now owns 1,263 shares of the technology company's stock valued at $545,000 after acquiring an additional 44 shares in the last quarter. Finally, Ariadne Wealth Management LP increased its holdings in Dell Technologies by 1.6% during the 1st quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company's stock worth $508,000 after acquiring an additional 49 shares during the period. Hedge funds and other institutional investors own 76.37% of the company's stock.

Dell Technologies News Roundup

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

• Positive Sentiment: Royal Bank of Canada initiated coverage with an Outperform rating and a $640 price target. RBC cited enterprise AI investment, compute modernization, storage expansion and PC refresh cycles as drivers that could keep Dell’s results above its long-term targets. RBC initiates Dell coverage
• Positive Sentiment: Oracle’s reported spending plans, including approximately $95 billion in capital expenditures, provided an upbeat read-through for suppliers of AI data-center hardware. Dell is viewed as a major vendor of Nvidia-based servers and related equipment, strengthening investor confidence in its AI opportunity. Dell and HPE benefit from Oracle spending
• Positive Sentiment: Dell’s latest reported quarter showed strong operating momentum: EPS was $7.04 versus a $4.91 consensus estimate, while revenue reached $46.97 billion, up 57.7% year over year. AI-server orders totaled about $60.9 billion, supported by an approximately $95 billion backlog. Dell AI server orders and backlog
• Positive Sentiment: Management commentary that the structural shortage of AI computing capacity could worsen in 2027 reinforces expectations for prolonged demand. Supply shortages affecting Dell also suggest that customer demand remains ahead of available hardware capacity. Dell CEO discusses AI compute shortages
• Neutral Sentiment: Dell plans to raise about $4 billion through a bond offering to refinance debt. The transaction could improve financial flexibility, but investors will monitor borrowing costs, leverage and the company’s ability to convert its backlog into cash flow. Dell bond offering
• Negative Sentiment: Several insiders, including Silver Lake-affiliated entities and Dell’s chief marketing officer, recently sold shares near record levels. The sales may reflect diversification or planned liquidity needs, but they add a modest sentiment headwind. In addition, elevated valuation and potential Federal Reserve rate increases could increase volatility after the stock’s large rally. Dell insider selling

Analyst Upgrades and Downgrades

Several analysts have commented on DELL shares. Melius Research lifted their price objective on shares of Dell Technologies from $650.00 to $735.00 and gave the stock a "buy" rating in a research report on Wednesday, September 2nd. HSBC raised shares of Dell Technologies to a "buy" rating in a research report on Friday, May 29th. Guggenheim raised shares of Dell Technologies to a "buy" rating in a report on Monday, June 1st. Citic Securities upped their price objective on Dell Technologies from $160.00 to $505.00 and gave the company a "buy" rating in a research note on Monday, June 1st. Finally, The Goldman Sachs Group increased their price objective on Dell Technologies from $510.00 to $570.00 and gave the company a "buy" rating in a report on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Dell Technologies has a consensus rating of "Moderate Buy" and an average target price of $560.24.

Dell Technologies Company 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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