Jeffrey Clarke Sells 116,000 Shares of Dell Technologies (NYSE:DELL) Stock

Key Points

• COO Jeffrey Clarke sold 116,000 shares under a pre-arranged Rule 10b5-1 plan at an average price of $182.48 for a total of $21,167,680, reducing his stake by 6.43% to 1,687,414 shares valued at about $307.9 million.
• Dell beat quarterly expectations, reporting EPS of $3.89 versus $3.53 and revenue of $33.38 billion (up 39.5% year-over-year), showing strong top-line growth and momentum in the business.
• Dividend and analyst upgrades: Dell raised its quarterly dividend to $0.63 ($2.52 annual, ~1.3% yield), while several firms (including Goldman Sachs, JPMorgan and Evercore) lifted price targets—Goldman to $215 and JPMorgan/Evercore to $205—supporting a consensus "Moderate Buy" view with a $175.74 target.

Dell Technologies Inc. (NYSE:DELL - Get Free Report) COO Jeffrey Clarke sold 116,000 shares of the company's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total transaction of $21,167,680.00. Following the completion of the transaction, the chief operating officer owned 1,687,414 shares in the company, valued at approximately $307,919,306.72. This trade represents a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Dell Technologies Stock Up 1.7%

Shares of DELL stock traded up $3.37 during trading on Friday, hitting $196.46. The company had a trading volume of 6,268,323 shares, compared to its average volume of 8,548,676. The stock's 50-day moving average is $151.14 and its two-hundred day moving average is $140.26. The stock has a market capitalization of $126.86 billion, a price-to-earnings ratio of 22.53, a price-to-earnings-growth ratio of 0.72 and a beta of 0.88. Dell Technologies Inc. has a 52 week low of $80.74 and a 52 week high of $197.34.

Dell Technologies (NYSE:DELL - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share for the quarter, topping the consensus estimate of $3.53 by $0.36. The company had revenue of $33.38 billion for the quarter, compared to analysts' expectations of $31.60 billion. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. Dell Technologies's revenue for the quarter was up 39.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.68 earnings per share. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. On average, research analysts predict that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Tuesday, April 21st will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.3%. This is a positive change from Dell Technologies's previous quarterly dividend of $0.53. The ex-dividend date is Tuesday, April 21st. Dell Technologies's dividend payout ratio (DPR) is currently 24.08%.

Analyst Ratings Changes

Several brokerages have issued reports on DELL. JPMorgan Chase & Co. upped their target price on Dell Technologies from $165.00 to $205.00 and gave the stock an "overweight" rating in a research note on Thursday. Evercore upped their target price on Dell Technologies from $160.00 to $205.00 and gave the stock an "outperform" rating in a research note on Thursday, March 26th. Wolfe Research began coverage on Dell Technologies in a research note on Thursday, April 9th. They issued a "peer perform" rating for the company. Morgan Stanley upped their target price on Dell Technologies from $101.00 to $110.00 and gave the stock an "underweight" rating in a research note on Friday, February 27th. Finally, Daiwa Securities Group upped their target price on Dell Technologies from $150.00 to $170.00 and gave the stock an "outperform" rating in a research note on Friday, March 6th. Sixteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $175.74.

Institutional Trading of Dell Technologies

A number of institutional investors have recently made changes to their positions in DELL. Commonwealth Retirement Investments LLC purchased a new stake in shares of Dell Technologies during the fourth quarter valued at approximately $25,000. Rossby Financial LCC boosted its stake in shares of Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company's stock valued at $26,000 after purchasing an additional 184 shares during the period. Navalign LLC purchased a new stake in shares of Dell Technologies during the fourth quarter valued at approximately $29,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Dell Technologies during the fourth quarter valued at approximately $29,000. Finally, WealthCollab LLC boosted its stake in shares of Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company's stock valued at $31,000 after purchasing an additional 114 shares during the period. Hedge funds and other institutional investors 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: Goldman Sachs raised its price target to $215 and kept a Buy view, citing Dell’s strength in AI servers and valuation upside; that upgrade is a key driver of buying interest. Goldman Sachs Raises Dell Price Target to $215
• Positive Sentiment: JPMorgan bumped its price target to $205 and reiterated an Overweight rating, adding institutional validation for the rally and supporting near-term upside. Benzinga coverage of JPMorgan PT raise
• Positive Sentiment: Unusual options activity: traders bought roughly 47,955 DELL calls (about +12% vs. average), signaling short-term bullish positioning from speculators and hedgers.
• Positive Sentiment: CEO Michael Dell publicly opposed a proposed moratorium on AI data-center builds, reinforcing management’s stance that AI infrastructure expansion should continue — a positive for Dell’s server and datacenter hardware demand. Michael Dell on proposed data center moratorium
• Positive Sentiment: Product/partner momentum: Dell is part of a new Intel–Nokia 5G edge appliance initiative (announced jointly), which highlights edge/telecom demand and expands Dell’s go-to-market for edge compute appliances. Intel Joins Nokia & Dell in 5G Edge Innovation
• Neutral Sentiment: Multiple media/analyst writeups (Zacks, Seeking Alpha) are highlighting Dell as a momentum/value pick based on AI exposure and attractive multiples; helpful for sentiment but mainly reiterative rather than new fundamental news. Zacks: Are You Looking for a Top Momentum Pick? Seeking Alpha: Dell — A Value Stock Multiple On An AI Growth Business
• Negative Sentiment: Competitive/product risks: Intel launched lower-cost AI-capable PC chips and competitors like Supermicro (SMCI) are rolling out compact edge AI systems — incremental competition at the edge and server market could pressure some segments of Dell’s business if price/performance gaps widen. Intel Targets Budget Buyers With New AI PC Chips SMCI Launches Compact and Cost-Efficient Edge AI System

About Dell Technologies

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.