BI Asset Management Fondsmaeglerselskab A S Has $16.61 Million Stake in Dell Technologies Inc. $DELL

BI Asset Management Fondsmaeglerselskab A S grew its position in Dell Technologies Inc. (NYSE:DELL) by 55.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 131,964 shares of the technology company’s stock after purchasing an additional 47,078 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Dell Technologies were worth $16,612,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in DELL. Providence Capital Advisors LLC bought a new stake in shares of Dell Technologies in the third quarter valued at approximately $7,060,000. Campbell Capital Management Inc. boosted its stake in shares of Dell Technologies by 34.0% in the fourth quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after buying an additional 20,362 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in shares of Dell Technologies in the fourth quarter valued at approximately $23,332,000. ProShare Advisors LLC boosted its stake in shares of Dell Technologies by 10.5% in the fourth quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock valued at $10,157,000 after buying an additional 7,642 shares during the period. Finally, Prospera Financial Services Inc boosted its stake in shares of Dell Technologies by 54.3% in the third quarter. Prospera Financial Services Inc now owns 41,492 shares of the technology company’s stock valued at $5,886,000 after buying an additional 14,604 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Stock Down 6.2%

Shares of DELL stock opened at $395.72 on Friday. The firm has a market capitalization of $255.53 billion, a P/E ratio of 31.43, a P/E/G ratio of 1.16 and a beta of 1.30. Dell Technologies Inc. has a twelve month low of $109.17 and a twelve month high of $469.47. The stock’s fifty day simple moving average is $242.78 and its 200 day simple moving average is $169.51.

Dell Technologies (NYSE:DELL) last announced its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.96 by $1.90. The business had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.Dell Technologies’s revenue for the quarter was up 87.5% compared to the same quarter last year. During the same period last year, the company earned $1.55 EPS. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. As a group, equities research analysts expect that Dell Technologies Inc. will post 12.93 EPS for the current fiscal year.

Key Dell Technologies News

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

• Positive Sentiment: Analysts and market commentators continue to raise expectations for Dell after its strong earnings beat, with several reports saying the company is benefiting from booming AI infrastructure spending. Article Title
• Positive Sentiment: Bernstein raised its price target on Dell to $500 and maintained an Outperform rating, reinforcing the view that Wall Street sees more upside after the company’s record AI quarter. Article Title
• Positive Sentiment: Dell’s partnership with Nvidia on new AI PCs, including the XPS 16 Creator Edition powered by RTX Spark, expands the AI growth story beyond servers into the PC market. Article Title
• Positive Sentiment: Multiple articles framed Dell as a major AI infrastructure winner, with investors betting the company can keep compounding growth as AI server orders and margins expand. Article Title

Insider Buying and Selling

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the completion of the sale, the director directly owned 24,287 shares in the company, valued at approximately $11,123,203.13. This trade represents a 88.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director V (Gp) L.L.C. Slta sold 459,999 shares of the stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $162.25, for a total value of $74,634,837.75. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,709,030 shares of company stock valued at $983,328,426 in the last three months. Insiders own 41.50% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on DELL. Sanford C. Bernstein boosted their price target on Dell Technologies from $280.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Barclays cut Dell Technologies from an “overweight” rating to a “reduce” rating in a research note on Friday, May 29th. Mizuho upped their target price on Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a research note on Monday, June 1st. Citigroup began coverage on Dell Technologies in a research note on Monday, June 1st. They set an “outperform” rating for the company. Finally, Daiwa Securities Group upped their target price on Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $475.76.

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.