Insider Selling: Dell Technologies (NYSE:DELL) Director Sells 28,696 Shares of Stock

Key Points

• Silver Lake Partners sold 28,696 Dell shares at an average price of $521.34, for approximately $14.96 million. The transaction reduced its direct stake by 36.34% to 50,263 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. The stock traded near $535, close to its 12-month high of $562.99.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus and an average price target of $556.92, while investors are weighing Dell’s AI-server growth and valuation risks after its substantial rally.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Silver Lake Partners De (Aiv sold 28,696 shares of the stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $521.34, for a total value of $14,960,372.64. Following the completion of the transaction, the director directly owned 50,263 shares of the company's stock, valued at $26,204,112.42. This represents a 36.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Dell Technologies Trading Up 0.2%

DELL stock traded up $1.32 during midday trading on Wednesday, hitting $535.20. 7,266,640 shares of the company's stock were exchanged, compared to its average volume of 8,164,470. The stock has a market capitalization of $346.87 billion, a price-to-earnings ratio of 31.06, a price-to-earnings-growth ratio of 0.55 and a beta of 1.34. The firm has a 50 day moving average price of $445.73 and a 200-day moving average price of $319.04. Dell Technologies Inc. has a 12-month low of $110.22 and a 12-month high of $562.99.

Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The business's 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 earnings per share. 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 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The company 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 is Tuesday, October 20th. Dell Technologies's dividend payout ratio (DPR) is 14.63%.

Hedge Funds Weigh In On Dell Technologies

Several hedge funds and other institutional investors have recently modified their holdings of DELL. Cornerstone Financial Management LLC increased its holdings in shares of Dell Technologies by 56.1% in the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company's stock worth $28,000 after acquiring an additional 23 shares during the period. Triumph Capital Management increased its stake 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 purchasing an additional 32 shares during the period. Accel Wealth Management raised its holdings in shares of 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 buying an additional 39 shares during the last quarter. West Family Investments Inc. boosted its position in shares of Dell Technologies by 3.6% during the second quarter. West Family Investments Inc. now owns 1,263 shares of the technology company's stock worth $545,000 after buying an additional 44 shares during the period. Finally, Ariadne Wealth Management LP increased its position in Dell Technologies by 1.6% in the 1st quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company's stock valued at $508,000 after acquiring an additional 49 shares during the period. Institutional investors and hedge funds own 76.37% of the company's stock.

Key Stories Impacting Dell Technologies

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 Ratings Changes

Several research analysts have recently commented on the company. Citic Securities lifted their target price on Dell Technologies from $160.00 to $505.00 and gave the stock a "buy" rating in a research report on Monday, June 1st. Argus raised their price objective on Dell Technologies from $200.00 to $460.00 and gave the stock a "buy" rating in a research note on Friday, May 29th. Bank of America boosted their target price on shares of Dell Technologies from $505.00 to $600.00 and gave the company a "buy" rating in a research note on Monday, August 31st. Weiss Ratings reissued a "buy (b)" rating on shares of Dell Technologies in a report on Wednesday, August 12th. Finally, Melius Research lifted their price target on shares of Dell Technologies from $650.00 to $735.00 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 issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $556.92.

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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