Dell Technologies (NYSE:DELL) Stock Acquired Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Dell Technologies Inc. NYSE: DELL. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Dell Technologies stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/17/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/10/2025.
• Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.

Dell Technologies Stock Up 2.9%

Shares of DELL traded up $2.99 during midday trading on Tuesday, hitting $106.41. The company had a trading volume of 1,524,625 shares, compared to its average volume of 8,265,763. The stock has a market cap of $74.26 billion, a price-to-earnings ratio of 18.80, a PEG ratio of 1.10 and a beta of 0.99. The company's 50 day moving average price is $90.28 and its 200 day moving average price is $108.79. Dell Technologies Inc. has a 52 week low of $66.25 and a 52 week high of $179.70.

Dell Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 2nd. Shareholders of record on Tuesday, April 22nd were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 1.97%. This is an increase from Dell Technologies's previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Tuesday, April 22nd. Dell Technologies's dividend payout ratio is 33.76%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Citigroup lowered their price objective on Dell Technologies from $145.00 to $105.00 and set a "buy" rating for the company in a report on Monday, April 14th. Evercore ISI dropped their price target on Dell Technologies from $145.00 to $120.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. Barclays raised their price objective on Dell Technologies from $115.00 to $116.00 and gave the stock an "equal weight" rating in a research note on Friday, February 28th. Wells Fargo & Company lowered their target price on shares of Dell Technologies from $160.00 to $150.00 and set an "overweight" rating for the company in a research note on Friday, February 28th. Finally, Loop Capital reduced their price target on shares of Dell Technologies from $185.00 to $130.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $134.65.

Insiders Place Their Bets

In other Dell Technologies news, CAO Brunilda Rios sold 926 shares of the firm's stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $93.29, for a total transaction of $86,386.54. Following the transaction, the chief accounting officer now directly owns 37,948 shares in the company, valued at $3,540,168.92. This trade represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 46.70% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Burns J W & Co. Inc. NY bought a new position in Dell Technologies during the 4th quarter valued at $1,272,000. Sky Investment Group LLC acquired a new stake in Dell Technologies during the 4th quarter valued at $1,687,000. Enclave Advisors LLC acquired a new stake in shares of Dell Technologies in the fourth quarter worth $848,000. Empowered Funds LLC grew its holdings in shares of Dell Technologies by 12.9% during the fourth quarter. Empowered Funds LLC now owns 30,388 shares of the technology company's stock valued at $3,502,000 after buying an additional 3,470 shares in the last quarter. Finally, Bay Rivers Group acquired a new position in Dell Technologies during the fourth quarter valued at $2,347,000. Institutional investors and hedge funds own 76.37% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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).