Ewa LLC Sells 2,244 Shares of Dell Technologies Inc. $DELL

Ewa LLC cut its position in shares of Dell Technologies Inc. (NYSE:DELL) by 46.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,639 shares of the technology company’s stock after selling 2,244 shares during the quarter. Ewa LLC’s holdings in Dell Technologies were worth $433,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC bought a new position in shares of Dell Technologies during the 4th quarter worth approximately $25,000. Rossby Financial LCC boosted its stake in shares of Dell Technologies by 968.4% in the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after buying an additional 184 shares during the last quarter. Navalign LLC bought a new position in shares of Dell Technologies in the fourth quarter valued at approximately $29,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Dell Technologies during the fourth quarter valued at approximately $29,000. Finally, WealthCollab LLC increased its position in shares of 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 acquiring an additional 114 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Wolfe Research cut Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research report on Friday, May 29th. Citigroup began coverage on Dell Technologies in a research report on Monday, June 1st. They set an “outperform” rating for the company. Guggenheim upgraded Dell Technologies to a “buy” rating in a research note on Monday, June 1st. HSBC raised shares of Dell Technologies to a “buy” rating in a report on Friday, May 29th. Finally, Bank of America raised their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $490.38.

Dell Technologies News Roundup

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

• Positive Sentiment: Several recent articles highlight Dell as a beneficiary of accelerating demand for big data and AI infrastructure, especially in enterprise and data-center use cases, reinforcing the market’s bullish view of its server and storage business. Top Big Data Stocks Powering the Future of Data-Driven AI
• Positive Sentiment: Dell also won shareholder approval to move its legal domicile from Delaware to Texas, which management says better matches the company’s long-standing headquarters and may be viewed as a governance simplification. Dell (DELL) Wins Shareholder Backing To Move Its Legal Home To Texas
• Neutral Sentiment: News that Nasdaq and NYSE will ring the opening bell from the Oval Office to promote Trump Accounts does not appear specific to Dell’s fundamentals, so it is unlikely to have a meaningful stock impact. Nasdaq, NYSE to Ring Bell From Oval Office, Tout Trump Accounts
• Negative Sentiment: GF Securities downgraded Dell after an almost 200% run since February, suggesting valuation concerns after the stock’s strong move higher, even though the firm acknowledged Dell’s record quarter and rapid AI server growth. After a Nearly 200% Run Since February, GF Securities Downgraded Dell Shares. Don’t Count DELL Stock Out Just Yet.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 34,257 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $403.12, for a total transaction of $13,809,681.84. Following the completion of the transaction, the director owned 91,809 shares in the company, valued at $37,010,044.08. This trade represents a 27.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Lynn Vojvodich Radakovich sold 12,022 shares of Dell Technologies stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $421.00, for a total transaction of $5,061,262.00. Following the completion of the transaction, the director owned 25,267 shares of the company’s stock, valued at $10,637,407. The trade was a 32.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 3,885,274 shares of company stock valued at $1,396,987,916. Insiders own 41.50% of the company’s stock.

Dell Technologies Trading Up 3.7%

Shares of NYSE DELL opened at $414.26 on Tuesday. The stock has a fifty day simple moving average of $315.88 and a two-hundred day simple moving average of $200.80. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $469.47. The firm has a market cap of $268.49 billion, a price-to-earnings ratio of 32.90, a price-to-earnings-growth ratio of 0.85 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. During the same period in the previous year, the company posted $1.55 earnings per share. The business’s 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. Analysts forecast that Dell Technologies Inc. will post 17.74 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, July 21st. Dell Technologies’s payout ratio is currently 20.02%.

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.