Dell Technologies (NYSE:DELL) Stock Price Down 1.4% Following Insider Selling

Shares of Dell Technologies Inc. (NYSE:DELL) fell 1.4% during mid-day trading on Thursday after an insider sold shares in the company. The company traded as low as $134.68 and last traded at $138.6730. 4,494,621 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 7,189,646 shares. The stock had previously closed at $140.63.

Specifically, Director Egon Durban sold 71,000 shares of Dell Technologies stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the completion of the sale, the director owned 1,172,428 shares of the company’s stock, valued at approximately $161,935,755.36. The trade was a 5.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Analyst Ratings Changes

Several equities research analysts have issued reports on DELL shares. Mizuho raised their price objective on shares of Dell Technologies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Wall Street Zen raised Dell Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 6th. JPMorgan Chase & Co. upped their price objective on Dell Technologies from $165.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, November 17th. Wells Fargo & Company increased their price objective on Dell Technologies from $160.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 8th. Finally, Barclays reduced their target price on shares of Dell Technologies from $151.00 to $148.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 26th. Sixteen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and an average target price of $162.84.

Dell Technologies Stock Down 6.3%

The stock has a market capitalization of $87.28 billion, a price-to-earnings ratio of 17.31, a P/E/G ratio of 0.93 and a beta of 1.03. The business’s 50 day simple moving average is $143.49 and its 200-day simple moving average is $132.28.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, topping analysts’ consensus estimates of $2.47 by $0.12. The company had revenue of $27.01 billion during the quarter, compared to the consensus estimate of $27.26 billion. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The firm’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.15 EPS. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. On average, analysts expect that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 20th will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, January 20th. Dell Technologies’s dividend payout ratio (DPR) is currently 28.00%.

Hedge Funds Weigh In On Dell Technologies

A number of institutional investors have recently modified their holdings of the business. William Allan Corp lifted its stake in shares of Dell Technologies by 47.6% during the 2nd quarter. William Allan Corp now owns 25,901 shares of the technology company’s stock valued at $3,175,000 after buying an additional 8,355 shares in the last quarter. Modera Wealth Management LLC bought a new stake in Dell Technologies during the 2nd quarter valued at $241,000. WASHINGTON TRUST Co raised its holdings in Dell Technologies by 11,037.8% during the 2nd quarter. WASHINGTON TRUST Co now owns 88,100 shares of the technology company’s stock valued at $10,801,000 after acquiring an additional 87,309 shares during the period. Symphony Financial Services Inc. purchased a new stake in shares of Dell Technologies during the second quarter worth $275,000. Finally, First Hawaiian Bank boosted its holdings in shares of Dell Technologies by 67.1% in the first quarter. First Hawaiian Bank now owns 34,878 shares of the technology company’s stock worth $3,179,000 after acquiring an additional 14,010 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

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).