Bank Hapoalim BM Reduces Stake in Dell Technologies Inc. $DELL

Bank Hapoalim BM lowered its holdings in Dell Technologies Inc. (NYSE:DELL) by 8.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 14,510 shares of the technology company’s stock after selling 1,365 shares during the quarter. Bank Hapoalim BM’s holdings in Dell Technologies were worth $1,827,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. Nicholas Wealth LLC. purchased a new position in shares of Dell Technologies in the 4th quarter valued at about $1,055,000. Berkshire Asset Management LLC PA increased its holdings in shares of Dell Technologies by 1.7% in the 4th quarter. Berkshire Asset Management LLC PA now owns 309,427 shares of the technology company’s stock valued at $38,951,000 after acquiring an additional 5,143 shares during the last quarter. Opal Capital LLC purchased a new position in shares of Dell Technologies in the 4th quarter valued at about $319,000. University of Texas Texas AM Investment Management Co. increased its holdings in shares of Dell Technologies by 64.8% in the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 356 shares of the technology company’s stock valued at $45,000 after acquiring an additional 140 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp increased its holdings in shares of Dell Technologies by 142.5% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 25,165 shares of the technology company’s stock valued at $3,168,000 after acquiring an additional 14,789 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insiders Place Their Bets

In other news, Director Spv-2 L.P. Sl sold 34,257 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $403.12, for a total value of $13,809,681.84. Following the completion of the sale, the director directly owned 91,809 shares of the company’s stock, valued at $37,010,044.08. This trade represents a 27.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Silver Lake Partners V. De (Aiv sold 20,095 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $403.12, for a total value of $8,100,696.40. Following the completion of the sale, the director directly owned 50,381 shares of the company’s stock, valued at $20,309,588.72. This represents a 28.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 4,907,857 shares of company stock valued at $1,556,603,326 over the last 90 days. 41.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on DELL shares. Guggenheim upgraded Dell Technologies to a “buy” rating in a report on Monday, June 1st. Barclays cut Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. Morgan Stanley raised Dell Technologies from an “underweight” rating to a “buy” rating in a research report on Friday, May 22nd. Roth Mkm started coverage on Dell Technologies in a research report on Friday, May 29th. They issued a “buy” rating for the company. Finally, Daiwa Securities Group upped their target price on Dell Technologies from $170.00 to $465.00 and gave the company an “outperform” rating in a research report on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $475.76.

More Dell Technologies News

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

• Positive Sentiment: Dell Federal Systems won a $1.44 billion U.S. Air Force contract, adding to the company’s growing government business and reinforcing demand for its enterprise infrastructure offerings. Dell Wins $1.44B Microsoft License Deal
• Positive Sentiment: Several bullish articles highlighted Dell’s AI server momentum, including reports that AI server revenue has surged and that the market may still be underestimating Dell’s AI opportunity. Dell’s Momentum Score Jumps As AI Server Revenue Surges Over 750% Amid Data Center Demand The Dell Story Is No Longer Just About PCs. Here’s Why the Stock Still Looks Undervalued.
• Positive Sentiment: Analyst commentary remained constructive, with a report saying Dell looks cheap relative to higher forecast revisions and another noting Wall Street recommendations still average to a Buy. Dell Stock Looks Cheap Here With Higher Analyst Forecasts – Short Put Plays Are Attractive Wall Street Analysts Think Dell Technologies (DELL) Is a Good Investment: Is It?
• Positive Sentiment: Dell also continues to benefit from broad investor interest after strong earnings and a narrative that its AI backlog keeps building, which supports the stock’s longer-term growth case. DELL Stock Pulled Back. The AI Backlog Keeps Building
• Neutral Sentiment: Dell completed a $3 billion senior notes offering, which may support liquidity and capital structure flexibility, but it also increases leverage and is not clearly a direct near-term catalyst. Dell Technologies Completes $3 Billion Senior Notes Offering
• Negative Sentiment: Multiple Dell insiders and Silver Lake-related directors sold shares recently, which can weigh on sentiment even if the sales were preplanned or routine. SEC filing: David W. Dorman sale
• Negative Sentiment: One industry report warned that memory shortages are disrupting server supply chains, a possible headwind for Dell’s server shipments and margins. Dell, HPE server supply upended by memory crunch

Dell Technologies Price Performance

DELL opened at $404.07 on Wednesday. The business has a 50 day simple moving average of $273.91 and a 200-day simple moving average of $183.09. The stock has a market capitalization of $260.93 billion, a P/E ratio of 32.09, a P/E/G ratio of 0.88 and a beta of 1.30. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $469.47.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating the consensus estimate of $2.96 by $1.90. The business had revenue of $43.84 billion during the quarter, compared to analysts’ expectations 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 firm 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. Research analysts anticipate that Dell Technologies Inc. will post 17.6 EPS for the current year.

Dell Technologies 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.