Dell Technologies (NYSE:DELL) Stock Price Down 6.3% Following Insider Selling

Dell Technologies Inc. (NYSE:DELL) shares fell 6.3% during trading on Friday after an insider sold shares in the company. The stock traded as low as $129.44 and last traded at $129.8160. 9,241,217 shares changed hands during trading, an increase of 28% from the average session volume of 7,194,639 shares. The stock had previously closed at $138.60.

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

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on DELL shares. Argus lifted their price target on Dell Technologies from $150.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Wells Fargo & Company boosted their target price on Dell Technologies from $160.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 8th. UBS Group reduced their price target on shares of Dell Technologies from $186.00 to $167.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Piper Sandler restated an “overweight” rating on shares of Dell Technologies in a report on Wednesday, November 26th. Finally, Citic Securities upped their price objective on shares of Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, November 28th. Sixteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $162.84.

Dell Technologies Trading Down 6.3%

The firm has a market cap of $87.28 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 0.87 and a beta of 1.03. The company has a fifty day moving average price of $143.49 and a 200-day moving average price of $132.41.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.12. The company had revenue of $27.01 billion during the quarter, compared to analysts’ expectations of $27.26 billion. Dell Technologies had a negative return on equity of 234.84% and a net margin of 5.01%.Dell Technologies’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period last year, the business earned $2.15 earnings per share. 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. As a group, research analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a yield of 1.6%. Dell Technologies’s payout ratio is presently 28.00%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DELL. Winnow Wealth LLC acquired a new position in Dell Technologies in the 2nd quarter worth about $25,000. Flaharty Asset Management LLC purchased a new stake in shares of Dell Technologies in the first quarter valued at approximately $27,000. Westside Investment Management Inc. increased its position in shares of Dell Technologies by 84.7% in the second quarter. Westside Investment Management Inc. now owns 218 shares of the technology company’s stock valued at $27,000 after buying an additional 100 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Dell Technologies during the 2nd quarter valued at approximately $28,000. Finally, Central Pacific Bank Trust Division acquired a new stake in Dell Technologies in the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Company Profile

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).