Spv-2 L.P. Sl Sells 63,204 Shares of Dell Technologies (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELL) Director Spv-2 L.P. Sl sold 63,204 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $410.52, for a total value of $25,946,506.08. Following the completion of the transaction, the director directly owned 30,167 shares of the company’s stock, valued at approximately $12,384,156.84. The trade was a 67.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Friday, June 12th, Spv-2 L.P. Sl sold 34,257 shares of Dell Technologies stock. The stock was sold at an average price of $403.12, for a total value of $13,809,681.84.
• On Thursday, June 11th, Spv-2 L.P. Sl sold 54,093 shares of Dell Technologies stock. The shares were sold at an average price of $380.25, for a total value of $20,568,863.25.
• On Wednesday, June 10th, Spv-2 L.P. Sl sold 62,084 shares of Dell Technologies stock. The stock was sold at an average price of $380.47, for a total value of $23,621,099.48.
• On Wednesday, June 10th, Spv-2 L.P. Sl sold 40,686 shares of Dell Technologies stock. The stock was sold at an average price of $394.99, for a total transaction of $16,070,563.14.
• On Tuesday, June 9th, Spv-2 L.P. Sl sold 25,436 shares of Dell Technologies stock. The shares were sold at an average price of $390.31, for a total transaction of $9,927,925.16.
• On Tuesday, June 9th, Spv-2 L.P. Sl sold 5,025 shares of Dell Technologies stock. The stock was sold at an average price of $404.68, for a total transaction of $2,033,517.00.
• 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 Friday, June 5th, Spv-2 L.P. Sl sold 84,583 shares of Dell Technologies stock. The shares were sold at an average price of $403.00, for a total transaction of $34,086,949.00.
• 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 value of $30,140,665.04.
• On Thursday, June 4th, Spv-2 L.P. Sl sold 83,742 shares of Dell Technologies stock. The shares were sold at an average price of $424.55, for a total value of $35,552,666.10.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $450.20 on Friday. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $469.47. The stock’s 50-day moving average is $349.48 and its 200-day moving average is $217.04. The firm has a market cap of $291.78 billion, a price-to-earnings ratio of 35.76, a price-to-earnings-growth ratio of 0.92 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping the consensus estimate of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The company had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. During the same period last year, the business earned $1.55 EPS. The business’s quarterly revenue 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 expect that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio is 20.02%.

Analysts Set New Price Targets

DELL has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Raymond James Financial cut shares of Dell Technologies from an “outperform” rating to a “market perform” rating in a research report on Friday, May 29th. Guggenheim raised Dell Technologies to a “buy” rating in a research report on Monday, June 1st. Argus raised their target price on shares of Dell Technologies from $200.00 to $460.00 and gave the company a “buy” rating in a report on Friday, May 29th. Finally, Wolfe Research lowered Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $492.76.

Dell Technologies News Roundup

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

• Positive Sentiment: Evercore’s higher price target and upbeat AI demand outlook are helping support the stock’s momentum, with the firm saying supply constraints, not weak demand, are the main limit on growth. Dell Technologies in spotlight as Evercore ups price target on AI prospects
• Positive Sentiment: Multiple articles highlighted Dell’s AI leadership, including commentary that AI-ready PCs and AI infrastructure should become standard for enterprises, which could bolster long-term demand for Dell products. AI-ready PCs will become the standard for enterprises, says Indrajit Belgundi of Dell Technologies
• Positive Sentiment: Market coverage also pointed to Dell outperforming and gaining traction alongside other AI-related names, suggesting traders are rotating into the stock on improving sentiment. Stock Market Today: Dow Builds Gains Amid U.S.-Iran News; Arm, Dell Lead Upside (Live Coverage)
• Positive Sentiment: Several pieces also framed DELL as potentially undervalued relative to its recent earnings beat and raised guidance, which may be drawing in value-oriented buyers. Dell (DELL) Stock Looks Cheap On Fair Value Despite Huge Returns
• Neutral Sentiment: There was also a notable insider sale by Silver Lake-related directors, which can create noise around sentiment but does not by itself change Dell’s AI growth outlook. SEC filing
• Negative Sentiment: Recent bylaw changes tightening shareholder proposal rules could concern some investors on governance grounds, even though this is not an operating issue. Will Dell’s Tougher Shareholder Proposal Rules Reshape Its AI Strategy And Governance Balance (DELL)?
• Negative Sentiment: Heavy insider selling by multiple directors may also temper enthusiasm for some traders, though it has been outweighed by the bullish AI narrative so far. SEC filing

Hedge Funds Weigh In On Dell Technologies

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Dell Technologies by 4.5% during the fourth quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock valued at $3,957,850,000 after acquiring an additional 1,355,841 shares during the last quarter. State Street Corp lifted its stake in shares of Dell Technologies by 1.8% in the 4th quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock valued at $1,852,450,000 after purchasing an additional 265,740 shares during the period. Bank of America Corp DE boosted its position in shares of Dell Technologies by 7.6% during the 1st quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock valued at $2,362,624,000 after purchasing an additional 1,011,101 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Dell Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock valued at $939,808,000 after purchasing an additional 108,011 shares in the last quarter. Finally, Invesco Ltd. grew its stake in Dell Technologies by 50.4% during the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after purchasing an additional 2,445,854 shares during the period. Institutional investors own 76.37% of the company’s stock.

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.