Dell Technologies (NYSE:DELL) General Counsel Sells 4,000 Shares of Stock

Key Points

• Dell General Counsel Richard Rothberg sold 4,000 shares at an average price of $583.36, generating approximately $2.33 million; he retains 132,415 shares.
• Dell shares traded near their 52-week high at $575.20, while the company reported quarterly EPS of $7.04 and revenue of $46.97 billion, exceeding analyst expectations.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and a $560.72 target price; Dell also declared a quarterly dividend of $0.63 per share.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) General Counsel Richard Rothberg sold 4,000 shares of the firm's stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $583.36, for a total transaction of $2,333,440.00. Following the completion of the transaction, the general counsel directly owned 132,415 shares of the company's stock, valued at $77,245,614.40. This represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Dell Technologies Price Performance

NYSE DELL traded up $7.14 on Monday, hitting $575.20. 7,594,910 shares of the stock were exchanged, compared to its average volume of 8,438,266. The company has a market capitalization of $372.79 billion, a PE ratio of 33.38, a P/E/G ratio of 0.59 and a beta of 1.34. The business's fifty day moving average is $464.52 and its 200 day moving average is $339.93. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51.

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

Dell Technologies Announces Dividend

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

Analyst Ratings Changes

DELL has been the topic of a number of analyst reports. Cantor Fitzgerald initiated coverage on Dell Technologies in a research report on Wednesday, September 2nd. They set an "overweight" rating on the stock. Wolfe Research cut shares of Dell Technologies from a "peer perform" rating to a "peer perform" rating in a research report on Friday, May 29th. Piper Sandler restated an "overweight" rating and issued a $558.00 target price (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. US Capital Advisors set a $625.00 price objective on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, Mizuho upped their target price on Dell Technologies from $500.00 to $600.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $560.72.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Morgan Stanley said Dell is well positioned to benefit from the growth of on-premises AI, supporting the view that enterprises will continue investing in Dell’s servers and infrastructure. Dell Best Positioned to Benefit From On-Premises AI Growth, Morgan Stanley Says
• Positive Sentiment: Dell’s AI customer base has surpassed 6,500, while enterprise, sovereign-AI and neocloud demand is contributing to record orders and an approximately $95 billion backlog. These figures reinforce expectations for continued revenue growth despite competition from Super Micro Computer and Hewlett Packard Enterprise. DELL Rides on Growing AI Clientele
• Positive Sentiment: Dell introduced the XPS Googlebook, a premium 13-inch laptop powered by Qualcomm’s Snapdragon X Elite and designed for Google’s Gemini Intelligence. The product broadens Dell’s consumer lineup and links its XPS brand to the expanding AI-PC market. Dell Technologies Introduces the XPS Googlebook
• Positive Sentiment: Analyst commentary continues to highlight Dell, alongside SMCI and HPE, as a way to participate in rising AI-server spending. Dell’s inclusion in the S&P 100 also improves its visibility among large-cap investors. Buy Top-Ranked DELL, SMCI & HPE
• Neutral Sentiment: Although Dell reached a fresh 52-week high, investors are weighing whether further gains are justified by fundamentals. The sharp rally increases sensitivity to valuation, execution and any slowdown in AI infrastructure demand. Dell Hits Fresh High: Is There Still Room to Run?
• Negative Sentiment: Two Dell directors sold substantial amounts of stock, totaling roughly $42 million. The transactions may raise concerns about insider confidence, although they do not necessarily indicate a change in the company’s business outlook. Dell Director Sells Stock
• Negative Sentiment: A separate valuation-focused report argued that Dell’s strong performance leaves substantial downside risk, highlighting the potential for profit-taking if AI growth expectations or valuation multiples weaken. Dell: This High Flyer Has 67% Downside

Institutional Investors Weigh In On Dell Technologies

A number of institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its stake in shares of Dell Technologies by 7.6% during the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company's stock valued at $2,362,624,000 after acquiring an additional 1,011,101 shares during the last quarter. Wellington Management Group LLP increased its holdings in Dell Technologies by 140.1% in the second quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company's stock valued at $1,090,294,000 after purchasing an additional 1,474,347 shares during the period. Geode Capital Management LLC raised its position in Dell Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company's stock worth $939,808,000 after purchasing an additional 108,011 shares during the last quarter. Deutsche Bank AG lifted its holdings in Dell Technologies by 24.6% during the 4th quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company's stock worth $694,489,000 after buying an additional 1,090,336 shares during the period. Finally, Norges Bank bought a new stake in shares of Dell Technologies in the 4th quarter valued at about $607,349,000. 76.37% of the stock is owned by institutional investors.

About Dell Technologies

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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