Dell Technologies Sees Unusually High Options Volume (NYSE:DELL)

Dell Technologies Inc. (NYSE:DELL) saw some unusual options trading on Thursday. Stock traders bought 57,487 put options on the stock. This is an increase of approximately 25% compared to the typical volume of 46,016 put options.

Analyst Ratings Changes

Several analysts have issued reports on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Dell Technologies in a research note on Wednesday, October 8th. Evercore ISI set a $180.00 price target on Dell Technologies and gave the company an “outperform” rating in a research note on Monday, November 3rd. TD Cowen lifted their price objective on shares of Dell Technologies from $130.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday, October 8th. Bank of America upped their price objective on shares of Dell Technologies from $160.00 to $163.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Finally, Barclays cut 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 note on Wednesday, November 26th. Seventeen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Dell Technologies presently has an average rating of “Moderate Buy” and an average target price of $162.84.

Insider Activity at Dell Technologies

In other news, 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 value of $9,806,520.00. Following the completion of the transaction, the director owned 1,172,428 shares of the company’s stock, valued at $161,935,755.36. This trade represents a 5.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ellen Jamison Kullman sold 79,806 shares of the company’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $153.56, for a total transaction of $12,255,009.36. Following the completion of the sale, the director directly owned 65,662 shares in the company, valued at approximately $10,083,056.72. The trade was a 54.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 157,423 shares of company stock valued at $23,064,865. 42.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Dell Technologies during the 2nd quarter valued at approximately $528,279,000. Wellington Management Group LLP lifted its stake in Dell Technologies by 4,279.1% in the 3rd quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after purchasing an additional 2,937,137 shares during the last quarter. Invesco Ltd. boosted its position in Dell Technologies by 82.3% in the third quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company’s stock valued at $688,315,000 after buying an additional 2,191,317 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Dell Technologies by 541.9% during the third quarter. Franklin Resources Inc. now owns 1,996,557 shares of the technology company’s stock worth $283,052,000 after buying an additional 1,685,529 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Dell Technologies by 628.5% during the second quarter. AQR Capital Management LLC now owns 1,374,078 shares of the technology company’s stock worth $168,462,000 after buying an additional 1,185,454 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Dell Technologies Price Performance

Dell Technologies stock opened at $120.55 on Friday. The firm has a market cap of $79.89 billion, a PE ratio of 16.07, a price-to-earnings-growth ratio of 0.79 and a beta of 1.03. The stock’s fifty day moving average price is $132.00 and its two-hundred day moving average price is $134.03. Dell Technologies has a one year low of $66.25 and a one year high of $168.08.

Dell Technologies (NYSE:DELL) last released its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.12. The company had revenue of $27.01 billion for the quarter, compared to analyst estimates 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 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. Sell-side analysts expect that Dell Technologies will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The company 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 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, January 20th. Dell Technologies’s dividend payout ratio (DPR) is currently 28.00%.

More Dell Technologies News

Here are the key news stories impacting Dell Technologies this week:

• Positive Sentiment: New UltraSharp monitors announced at CES, pitched as “world‑first” innovations — supports Dell’s premium peripherals and commercial display positioning, which can help higher‑margin revenue. Dell unveils new UltraSharp monitors with world-first innovations
• Positive Sentiment: Dell has relaunched its XPS line (new XPS 14 and XPS 16) at CES — a return to premium laptops that could revive premium PC revenue and improve ASPs if adoption is strong. CES 2026: Dell XPS is back from the dead
• Positive Sentiment: J.P. Morgan reiterated a Buy, forecasting 15%+ EPS growth through FY27 and pointing to AI servers, premium PCs and cost discipline as drivers — lends credibility to upside expectations. Dell Technologies: Leveraging AI Servers, Premium PCs, and Cost Discipline to Drive 15%+ EPS Growth Through FY27
• Positive Sentiment: DBS Bank upgraded Dell — another sign of institutional support that can bolster investor confidence. Dell Technologies (NYSE:DELL) Upgraded at Dbs Bank
• Neutral Sentiment: Analyst/media pieces suggest the recent pullback may offer a buying opportunity for longer‑term investors — highlights mixed near‑term risk vs. valuation appeal after the dip. Is It Time To Revisit Dell Technologies (DELL) After Recent Share Price Pullback
• Neutral Sentiment: Market commentary notes a recent intraday decline amid a broader market uptick — a reminder broader market moves can amplify short‑term volatility in DELL. Dell Technologies (DELL) Stock Falls Amid Market Uptick
• Neutral Sentiment: Coverage flagged potentially mispriced options on DELL — could create trading opportunities but also indicates elevated derivatives interest and short‑term volatility risk. Dell Technologies (DELL) Stock Options Could Be Unusually Mispriced
• Negative Sentiment: Unusual put buying (≈57,487 put contracts) was recorded — heavy put flow can signal hedging or bearish bets and may pressure short‑term sentiment if sustained.
• Negative Sentiment: Morgan Stanley kept a Sell rating citing structural memory headwinds and margin risks despite server strength — underscores key downside risks in memory pricing and margins. Dell Technologies: Structural Memory Headwinds and Margin Risks Justify Sell Rating
• Negative Sentiment: Third‑party competitors (e.g., Super Micro) are ramping NVIDIA‑based AI server production — increased competition in AI servers could pressure Dell’s server unit growth and pricing power. Super Micro’s Rubin Rally: Is the AI Server Comeback Real?

Dell Technologies Company Profile

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.