Dell Technologies (NYSE:DELL) Insider Sells $13,130,520.00 in Stock

Key Points

• Dell insider Jennifer Saavedra sold 25,251 shares at an average price of $520, generating $13.13 million. Her remaining stake fell 7.84% to 296,891 shares.
• Dell reported strong quarterly results, with EPS of $7.04 versus the $4.91 consensus and revenue of $46.97 billion, up 57.7% year over year.
• Shares traded near record levels at $535.20, supported by strong AI-server demand and generally favorable analyst views; Dell also declared a quarterly dividend of $0.63 per share.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) insider Jennifer Saavedra sold 25,251 shares of Dell Technologies stock in a transaction on Friday, September 4th. The shares were sold at an average price of $520.00, for a total transaction of $13,130,520.00. Following the completion of the sale, the insider owned 296,891 shares in the company, valued at approximately $154,383,320. This trade represents a 7.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Dell Technologies Stock Performance

Shares of DELL traded up $1.32 during mid-day trading on Wednesday, reaching $535.20. The company had a trading volume of 7,256,914 shares, compared to its average volume of 8,359,078. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $562.99. The company has a market capitalization of $346.87 billion, a price-to-earnings ratio of 31.06, a price-to-earnings-growth ratio of 0.54 and a beta of 1.34. The firm has a 50-day moving average price of $443.55 and a 200 day moving average price of $316.11.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. The firm had revenue of $46.97 billion during 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%.Dell Technologies's quarterly revenue was up 57.7% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. As a group, research analysts forecast that Dell Technologies Inc. will post 25.14 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 0.5%. Dell Technologies's dividend payout ratio is 14.63%.

Hedge Funds Weigh In On Dell Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System raised its holdings in shares of Dell Technologies by 41,141.5% during the 2nd quarter. California State Teachers Retirement System now owns 198,605,353 shares of the technology company's stock worth $85,690,266,000 after acquiring an additional 198,123,786 shares in the last quarter. State Street Corp increased its position in Dell Technologies by 1.8% in the fourth quarter. State Street Corp now owns 14,715,998 shares of the technology company's stock worth $1,852,450,000 after purchasing an additional 265,740 shares during the last quarter. Bank of America Corp DE raised its stake in 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 purchasing an additional 1,011,101 shares in the last quarter. Geode Capital Management LLC lifted its position in Dell Technologies by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company's stock valued at $939,808,000 after purchasing an additional 108,011 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Dell Technologies by 50.4% in the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company's stock worth $919,051,000 after buying an additional 2,445,854 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: AI infrastructure remains the primary catalyst. Dell reported record AI-server orders of approximately $60.9 billion, while its broader AI-server backlog is estimated at roughly $95 billion. The demand is coming from both hyperscalers and enterprises building AI systems on-premise. Dell stock hits record high as AI infrastructure demand drives rally
• Positive Sentiment: Recent quarterly results and raised guidance continue to support the rally. Dell generated $46.97 billion in revenue and $7.04 in EPS, substantially exceeding analyst expectations, with revenue up 57.7% year over year. Dell Q2 2027 earnings call transcript
• Positive Sentiment: Evercore raised its price target and reiterated Dell as a top pick, adding to a generally favorable analyst backdrop. Other coverage describes Dell as a leading way to participate in enterprise AI spending, helping push the shares toward record levels. Evercore names Dell a top pick
• Neutral Sentiment: Dell plans to raise approximately $4 billion through a bond offering to refinance debt while funding its AI-server expansion. The transaction may improve financial flexibility, but it also highlights the capital requirements and leverage associated with the growth strategy. Dell plans $4 billion bond sale
• Neutral Sentiment: Improving enterprise-device demand and a new lower-priced Dell 14S laptop provide additional support for the PC business, although competition from HP and Apple makes this a secondary catalyst compared with AI servers. Prospering computer industry
• Negative Sentiment: Several Silver Lake-affiliated directors sold substantial blocks of Dell stock, reducing their holdings by roughly 30% to 59%. The sales may reflect profit-taking after the stock’s sharp run, but they could reinforce concerns that expectations and valuation have become demanding. Dell insider selling

Analyst Upgrades and Downgrades

DELL has been the subject of several analyst reports. TD Cowen upped their price objective on Dell Technologies from $450.00 to $500.00 and gave the stock a "hold" rating in a research note on Wednesday, September 2nd. Raymond James Financial increased their price target on Dell Technologies from $500.00 to $617.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 2nd. Wells Fargo & Company raised their price target on Dell Technologies from $505.00 to $545.00 and gave the company an "overweight" rating in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft started coverage on Dell Technologies in a research note on Thursday, September 3rd. They issued a "hold" rating and a $480.00 price objective for the company. Finally, CLSA raised Dell Technologies to an "outperform" rating in a report on Friday, May 29th. One 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 stock. According to MarketBeat.com, Dell Technologies has an average rating of "Moderate Buy" and an average target price of $556.92.

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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