Insider Selling: Dell Technologies (NYSE:DELL) Director Sells 509,191 Shares of Stock

Key Points

• Dell Technologies Director V (Gp) L.L.C. Slta sold a massive 509,191 shares for approximately $74.4 million, reducing their position by 100%. After the sale, they only retained 3 shares valued at $438.36.
• The company reported a quarterly earnings per share (EPS) of $2.32 for the previous quarter, exceeding estimates and marking a 19% revenue increase year-over-year.
• A quarterly dividend of $0.525 per share has been declared, with an ex-dividend date set for October 21st, representing a dividend yield of 1.3%.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director V (Gp) L.L.C. Slta sold 509,191 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $146.12, for a total transaction of $74,402,988.92. Following the completion of the sale, the director directly owned 3 shares of the company's stock, valued at $438.36. The trade was a 100.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, October 7th, V (Gp) L.L.C. Slta sold 152,918 shares of Dell Technologies stock. The shares were sold at an average price of $148.46, for a total transaction of $22,702,206.28.
• On Monday, October 6th, V (Gp) L.L.C. Slta sold 809 shares of Dell Technologies stock. The shares were sold at an average price of $149.09, for a total transaction of $120,613.81.
• On Tuesday, October 7th, V (Gp) L.L.C. Slta sold 327,827 shares of Dell Technologies stock. The shares were sold at an average price of $151.51, for a total transaction of $49,669,068.77.
• On Tuesday, October 7th, V (Gp) L.L.C. Slta sold 19,256 shares of Dell Technologies stock. The shares were sold at an average price of $154.21, for a total transaction of $2,969,467.76.
• On Wednesday, October 1st, V (Gp) L.L.C. Slta sold 292,351 shares of Dell Technologies stock. The shares were sold at an average price of $146.03, for a total transaction of $42,692,016.53.
• On Thursday, October 2nd, V (Gp) L.L.C. Slta sold 2,220 shares of Dell Technologies stock. The shares were sold at an average price of $146.07, for a total transaction of $324,275.40.
• On Wednesday, October 1st, V (Gp) L.L.C. Slta sold 217,649 shares of Dell Technologies stock. The shares were sold at an average price of $147.09, for a total transaction 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 transaction 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 transaction 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 transaction of $751,621.00.

Dell Technologies Price Performance

Shares of DELL stock traded up $13.64 during trading hours on Wednesday, reaching $164.51. The stock had a trading volume of 18,908,589 shares, compared to its average volume of 7,248,765. Dell Technologies Inc. has a twelve month low of $66.25 and a twelve month high of $166.10. The firm has a 50-day simple moving average of $132.43 and a 200-day simple moving average of $115.74. The firm has a market capitalization of $110.61 billion, a PE ratio of 24.19, a price-to-earnings-growth ratio of 1.00 and a beta of 1.05.

Dell Technologies (NYSE:DELL - Get Free Report) last announced its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share (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 analysts' expectations of $29.14 billion. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The business'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 EPS. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. On average, equities analysts anticipate that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Tuesday, October 21st. Dell Technologies's dividend payout ratio (DPR) is currently 30.88%.

Analyst Ratings Changes

DELL has been the topic of a number of recent analyst reports. Evercore ISI boosted their target price on shares of Dell Technologies from $150.00 to $160.00 and gave the stock an "outperform" rating in a research report on Friday, August 15th. Morgan Stanley boosted their target price on shares of Dell Technologies from $135.00 to $144.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. TD Cowen boosted their target price on shares of Dell Technologies from $125.00 to $130.00 and gave the stock a "hold" rating in a research report on Friday, August 29th. Raymond James Financial boosted their target price on shares of Dell Technologies from $150.00 to $152.00 and gave the stock an "outperform" rating in a research report on Friday, August 29th. Finally, Daiwa Capital Markets boosted their target price on shares of Dell Technologies from $125.00 to $140.00 and gave the stock an "outperform" rating in a research report on Thursday, September 11th. Sixteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $157.22.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in DELL. Smallwood Wealth Investment Management LLC acquired a new position in Dell Technologies during the 1st quarter valued at about $25,000. Winnow Wealth LLC bought a new stake in shares of Dell Technologies in the 2nd quarter valued at about $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of Dell Technologies in the 1st quarter valued at about $26,000. Cheviot Value Management LLC bought a new stake in shares of Dell Technologies in the 1st quarter valued at about $27,000. Finally, Flaharty Asset Management LLC bought a new stake in shares of Dell Technologies in the 1st quarter valued at about $27,000. 76.37% of the stock is currently owned by institutional investors and hedge funds.

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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