Spv-2 L.P. Sl Sells 78,236 Shares of Dell Technologies (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELL) Director Spv-2 L.P. Sl sold 78,236 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $422.98, for a total value of $33,092,263.28. Following the transaction, the director directly owned 11,274 shares in the company, valued at $4,768,676.52. This trade represents a 87.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Spv-2 L.P. Sl also recently made the following trade(s):

• On Tuesday, June 2nd, Spv-2 L.P. Sl sold 164,047 shares of Dell Technologies stock. The shares were sold at an average price of $438.91, for a total value of $72,001,868.77.
• On Tuesday, June 2nd, Spv-2 L.P. Sl sold 17,932 shares of Dell Technologies stock. The shares were sold at an average price of $458.12, for a total value of $8,215,007.84.
• On Monday, June 1st, Spv-2 L.P. Sl sold 78,339 shares of Dell Technologies stock. The shares were sold at an average price of $445.96, for a total value of $34,936,060.44.
• On Monday, June 1st, Spv-2 L.P. Sl sold 175,901 shares of Dell Technologies stock. The shares were sold at an average price of $457.99, for a total value of $80,560,898.99.

Dell Technologies Stock Performance

Shares of DELL opened at $395.72 on Friday. The firm has a market capitalization of $255.53 billion, a price-to-earnings ratio of 31.43, a price-to-earnings-growth ratio of 1.16 and a beta of 1.30. Dell Technologies Inc. has a one year low of $109.17 and a one year high of $469.47. The stock’s fifty day moving average is $242.78 and its 200-day moving average is $169.51.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. The company had revenue of $43.84 billion for 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%.The company’s quarterly revenue was up 87.5% compared to the same quarter last year. During the same period last year, the company earned $1.55 earnings per share. 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. Analysts forecast that Dell Technologies Inc. will post 12.93 EPS for the current fiscal year.

Hedge Funds Weigh In On Dell Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Parallel Advisors LLC boosted its position in shares of Dell Technologies by 8.8% in the 1st quarter. Parallel Advisors LLC now owns 6,973 shares of the technology company’s stock valued at $1,145,000 after purchasing an additional 564 shares during the period. Asset Dedication LLC boosted its position in shares of Dell Technologies by 1.7% in the 1st quarter. Asset Dedication LLC now owns 4,291 shares of the technology company’s stock valued at $704,000 after purchasing an additional 73 shares during the period. Groupama Asset Managment boosted its position in shares of Dell Technologies by 2.6% in the 1st quarter. Groupama Asset Managment now owns 2,902 shares of the technology company’s stock valued at $476,000 after purchasing an additional 73 shares during the period. Segall Bryant & Hamill LLC acquired a new stake in Dell Technologies during the 1st quarter worth about $5,930,000. Finally, BankChampaign National Association acquired a new stake in Dell Technologies during the 1st quarter worth about $595,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Analyst Ratings Changes

DELL has been the subject of several research reports. Evercore raised their target price on Dell Technologies from $270.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Jefferies Financial Group cut Dell Technologies to a “hold” rating in a research note on Monday, June 1st. William Blair initiated coverage on Dell Technologies in a research note on Monday, June 1st. They set a “neutral” rating for the company. Weiss Ratings raised Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 15th. Finally, Loop Capital raised their target price on Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $475.76.

Key Stories Impacting Dell Technologies

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

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.