Andra AP fonden Buys 35,335 Shares of Dell Technologies Inc. $DELL

Andra AP fonden increased its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 90.8% during the first quarter, HoldingsChannel.com reports. The firm owned 74,268 shares of the technology company’s stock after buying an additional 35,335 shares during the period. Andra AP fonden’s holdings in Dell Technologies were worth $12,190,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Commonwealth Retirement Investments LLC purchased a new stake in shares of Dell Technologies during the 4th quarter valued at $25,000. Rossby Financial LCC grew its position in Dell Technologies by 968.4% in the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after acquiring an additional 184 shares in the last quarter. Navalign LLC bought a new position in Dell Technologies in the fourth quarter valued at $29,000. Kemnay Advisory Services Inc. purchased a new stake in Dell Technologies during the fourth quarter valued at about $29,000. Finally, WealthCollab LLC raised its position in Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after purchasing an additional 114 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $86,928,791.95. Following the completion of the sale, the director directly owned 24,287 shares in the company, valued at $11,123,203.13. This trade represents a 88.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Spv-2 L.P. Sl sold 175,901 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $80,560,898.99. Following the completion of the transaction, the director directly owned 36,659 shares of the company’s stock, valued at $16,789,455.41. This represents a 82.75% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 3,434,758 shares of company stock valued at $1,448,870,683. 41.50% of the stock is owned by corporate insiders.

Key Dell Technologies News

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

• Positive Sentiment: Shares moved higher after Super Micro Computer’s preliminary results showed booming margins and strong orders, which traders viewed as a positive read-through for Dell’s AI server demand. Super Micro Soars Late On Booming Margins, Orders; Dell, HP Enterprise Also Rally
• Positive Sentiment: Market commentary from Jim Cramer flagged Dell as a likely next winner after SMCI’s results, reinforcing the bullish AI-demand narrative around Dell Technologies. QUICK SPARK: Jim Cramer Flags Dell as the Next Winner After SMCI Preliminary Results
• Positive Sentiment: Analysts and market reports noted Dell was rallying alongside other AI hardware names as the Nasdaq rebounded, suggesting broad sector strength is helping support the stock. Super Micro Jumps 6%, Dell Climbs 7%, HPE Rises 5% as AI Hardware Rebounds With the Nasdaq
• Neutral Sentiment: Several articles highlighted Dell as a trending AI-PC and enterprise hardware stock, but these pieces were more commentary than fresh company-specific catalysts. Dell Technologies Inc. (DELL) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Dell also saw a prior-day pullback, with reports saying the stock underperformed the broader market, which may have set up the stronger rebound seen today. Here’s Why Dell Technologies (DELL) Fell More Than Broader Market

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $403.55 on Wednesday. The stock has a market capitalization of $261.54 billion, a P/E ratio of 32.05, a price-to-earnings-growth ratio of 0.82 and a beta of 1.31. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $469.47. The business’s 50 day simple moving average is $378.67 and its two-hundred day simple moving average is $233.13.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping the consensus estimate of $2.96 by $1.90. The company had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm’s revenue for the quarter was up 87.5% on a year-over-year basis. During the same period in the previous year, the firm 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. Sell-side analysts expect that Dell Technologies Inc. will post 17.77 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be paid 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 dividend yield of 0.6%. Dell Technologies’s payout ratio is 20.02%.

Analyst Ratings Changes

DELL has been the subject of a number of research reports. Mizuho upped their price objective on Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. Melius Research set a $565.00 target price on Dell Technologies in a research report on Friday, May 29th. Morgan Stanley upped their target price on Dell Technologies from $448.00 to $477.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd. UBS Group set a $700.00 price target on shares of Dell Technologies in a research report on Friday, May 29th. Finally, Zacks Research raised shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $492.76.

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.