Jane Tunnell Sells 5,436 Shares of Dell Technologies (NYSE:DELL) Stock

Key Points

• Jane Tunnell sold 5,436 Dell shares for approximately $2.85 million, reducing her position by 11.57% to 41,539 shares.
• Dell reported strong quarterly results, with $46.97 billion in revenue and $7.04 in EPS, both exceeding estimates; revenue rose 57.7% year over year. AI-server demand remains a major growth catalyst, supported by record orders and a substantial backlog.
• The stock traded near its 52-week high, while analysts maintained a favorable outlook: Dell has a “Moderate Buy” consensus rating and a $556.92 average price target. The company also declared a quarterly dividend of $0.63 per share.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) CMO Jane Tunnell sold 5,436 shares of the company's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $523.51, for a total value of $2,845,800.36. Following the sale, the chief marketing officer owned 41,539 shares of the company's stock, valued at approximately $21,746,081.89. This trade represents a 11.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Dell Technologies Price Performance

DELL traded up $1.32 on Wednesday, hitting $535.20. The company had a trading volume of 7,256,914 shares, compared to its average volume of 8,359,078. The company's fifty day moving average price is $443.55 and its 200 day moving average price is $316.11. The stock has a market cap 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. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $562.99.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The firm had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter last year, the firm posted $1.70 EPS. The business's quarterly revenue 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 EPS for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced 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 0.5%. Dell Technologies's dividend payout ratio (DPR) is 14.63%.

Institutional Trading of Dell Technologies

A number of large investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its position in shares of Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company's stock worth $347,000 after purchasing an additional 901 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Dell Technologies in the second quarter valued at about $328,000. Marshall Wace LLP bought a new stake in Dell Technologies during the second quarter worth about $809,000. Gamco Investors INC. ET AL increased its holdings in shares of Dell Technologies by 30.2% during the second quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company's stock worth $819,000 after buying an additional 1,550 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Dell Technologies by 147.2% during the second quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company's stock worth $7,112,000 after buying an additional 34,538 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.

Key Dell Technologies News

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 Ratings Changes

Several research firms recently commented on DELL. Evercore reiterated an "outperform" rating and set a $650.00 target price on shares of Dell Technologies in a research note on Wednesday. Wells Fargo & Company upped their price objective on shares of Dell Technologies from $505.00 to $545.00 and gave the company an "overweight" rating in a research report on Friday, August 14th. UBS Group reissued an "outperform" rating on shares of Dell Technologies in a research report on Wednesday, September 2nd. Melius Research boosted their price target on Dell Technologies from $650.00 to $735.00 and gave the company a "buy" rating in a research note on Wednesday, September 2nd. Finally, Cantor Fitzgerald started coverage on Dell Technologies in a research report on Wednesday, September 2nd. They issued an "overweight" rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus 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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