Spv-2 L.P. Sl Sells 84,583 Shares of Dell Technologies (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELLGet Free Report) Director Spv-2 L.P. Sl sold 84,583 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $403.00, for a total transaction of $34,086,949.00. Following the transaction, the director owned 8,149 shares in the company, valued at approximately $3,284,047. This trade represents a 91.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Monday, June 8th, Spv-2 L.P. Sl sold 131,040 shares of Dell Technologies stock. The stock was sold at an average price of $398.13, for a total transaction of $52,170,955.20.
  • On Thursday, June 4th, Spv-2 L.P. Sl sold 72,728 shares of Dell Technologies stock. The stock was sold at an average price of $414.43, for a total transaction of $30,140,665.04.
  • On Thursday, June 4th, Spv-2 L.P. Sl sold 83,742 shares of Dell Technologies stock. The stock was sold at an average price of $424.55, for a total value of $35,552,666.10.
  • On Wednesday, June 3rd, Spv-2 L.P. Sl sold 78,236 shares of Dell Technologies stock. The stock was sold at an average price of $422.98, for a total value of $33,092,263.28.
  • On Tuesday, June 2nd, Spv-2 L.P. Sl sold 164,047 shares of Dell Technologies stock. The stock was 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 stock was 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 stock opened at $369.87 on Thursday. The stock’s fifty day moving average is $255.55 and its two-hundred day moving average is $175.41. The firm has a market capitalization of $238.84 billion, a P/E ratio of 29.38, a PEG ratio of 0.82 and a beta of 1.30. Dell Technologies Inc. has a fifty-two week low of $109.17 and a fifty-two week high of $469.47.

Dell Technologies (NYSE:DELLGet Free Report) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The business had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same period last year, the company earned $1.55 EPS. The company’s revenue for the quarter was up 87.5% on a year-over-year basis. 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. On average, equities analysts forecast that Dell Technologies Inc. will post 17.6 earnings per share for the current year.

Trending Headlines about Dell Technologies

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Wall Street Analyst Weigh In

A number of analysts recently issued reports on DELL shares. William Blair initiated coverage on Dell Technologies in a research report on Monday, June 1st. They set a “neutral” rating for the company. Wells Fargo & Company lifted their price objective on Dell Technologies from $270.00 to $505.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. Susquehanna set a $289.00 price objective on Dell Technologies and gave the company a “neutral” rating in a research note on Friday, May 29th. Wall Street Zen upgraded Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Finally, Argus lifted their price target on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $475.76.

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Institutional Inflows and Outflows

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

Dell Technologies Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Dell Technologies (NYSE:DELL)

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