Insider Selling: Dell Technologies (NYSE:DELL) Director Sells 292,351 Shares of Stock

Key Points

• Dell Technologies' Director V (Gp) L.L.C. Slta sold a total of 292,351 shares on October 1st for about $42.7 million, marking a 99.73% decrease in their ownership position.
• The company's stock price fell by 4.6% to $140.64 following the insider selling, with a market capitalization of $94.56 billion.
• Dell Technologies recently declared a quarterly dividend of $0.525 per share, with a payout ratio of 30.88%, to be distributed on October 31st.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director V (Gp) L.L.C. Slta sold 292,351 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $146.03, for a total value of $42,692,016.53. Following the sale, the director owned 777 shares of the company's stock, valued at approximately $113,465.31. The trade was a 99.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

V (Gp) L.L.C. Slta also recently made the following trade(s):

• On Thursday, October 2nd, V (Gp) L.L.C. Slta sold 2,220 shares of Dell Technologies stock. The stock was sold at an average price of $146.07, for a total value of $324,275.40.
• On Wednesday, October 1st, V (Gp) L.L.C. Slta sold 217,649 shares of Dell Technologies stock. The stock was sold at an average price of $147.09, for a total value of $32,013,991.41.
• On Thursday, September 25th, V (Gp) L.L.C. Slta sold 12,481 shares of Dell Technologies stock. The stock was sold at an average price of $130.62, for a total value of $1,630,268.22.
• On Thursday, September 18th, V (Gp) L.L.C. Slta sold 565,000 shares of Dell Technologies stock. The stock was sold at an average price of $132.32, for a total value of $74,760,800.00.
• On Thursday, July 17th, V (Gp) L.L.C. Slta sold 6,086 shares of Dell Technologies stock. The stock was sold at an average price of $123.50, for a total value of $751,621.00.
• On Tuesday, July 15th, V (Gp) L.L.C. Slta sold 173,100 shares of Dell Technologies stock. The stock was sold at an average price of $126.01, for a total value of $21,812,331.00.
• On Wednesday, July 16th, V (Gp) L.L.C. Slta sold 3,900 shares of Dell Technologies stock. The stock was sold at an average price of $125.29, for a total value of $488,631.00.

Dell Technologies Stock Down 4.6%

DELL traded down $6.73 during trading on Friday, hitting $140.64. 6,506,377 shares of the stock were exchanged, compared to its average volume of 7,109,496. The firm has a market capitalization of $94.56 billion, a P/E ratio of 20.68, a PEG ratio of 1.03 and a beta of 1.04. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $152.10. The stock has a fifty day moving average price of $131.65 and a two-hundred day moving average price of $114.63.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The technology company reported $2.32 EPS for the quarter, topping the consensus estimate of $2.29 by $0.03. The company had revenue of $29.78 billion for the quarter, compared to analyst estimates of $29.14 billion. Dell Technologies had a negative return on equity of 236.21% and a net margin of 4.73%.The firm's revenue was up 19.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.89 earnings per share. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be given a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 annualized dividend and a yield of 1.5%. Dell Technologies's payout ratio is 30.88%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Susquehanna reissued a "neutral" rating and issued a $125.00 target price on shares of Dell Technologies in a report on Wednesday, August 13th. Barclays boosted their target price on Dell Technologies from $131.00 to $133.00 and gave the company an "equal weight" rating in a report on Wednesday, September 17th. Evercore ISI boosted their target price on Dell Technologies from $150.00 to $160.00 and gave the company an "outperform" rating in a report on Friday, August 15th. Wells Fargo & Company boosted their target price on Dell Technologies from $150.00 to $160.00 and gave the company an "overweight" rating in a report on Friday, August 29th. Finally, Wall Street Zen raised Dell Technologies from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $148.67.

Institutional Trading of Dell Technologies

Institutional investors have recently modified their holdings of the business. Smallwood Wealth Investment Management LLC purchased a new stake in Dell Technologies during the first quarter worth $25,000. Winnow Wealth LLC acquired a new position in Dell Technologies in the second quarter valued at $25,000. N.E.W. Advisory Services LLC acquired a new position in Dell Technologies in the first quarter valued at $26,000. Cheviot Value Management LLC acquired a new stake in Dell Technologies during the first quarter worth about $27,000. Finally, Flaharty Asset Management LLC acquired a new stake in Dell Technologies during the first quarter worth about $27,000. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

About Dell Technologies

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).

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