Key Points
- Silver Lake Partners, a Dell director, sold 189,805 shares on June 1 for about $86.9 million, cutting its direct ownership by 88.66%.
- Dell’s latest earnings topped expectations, with EPS of $4.86 versus $2.96 expected and revenue of $43.84 billion versus $35.74 billion forecast, driven by strong year-over-year growth.
- Analyst sentiment remains broadly positive despite some mixed moves, with Dell carrying a Moderate Buy consensus and a target price of $475.76; the stock also has benefited from bullish coverage tied to AI-server demand.
Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $86,928,791.95. Following the completion of the sale, the director directly owned 24,287 shares of the company's stock, valued at approximately $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 Securities & Exchange Commission, which is available at the SEC website.
Silver Lake Partners Iv, L.P. also recently made the following trade(s):
- On Monday, June 1st, Silver Lake Partners Iv, L.P. sold 84,532 shares of Dell Technologies stock. The stock was sold at an average price of $445.96, for a total transaction of $37,697,890.72.
Dell Technologies Price Performance
Shares of NYSE DELL opened at $421.03 on Thursday. The firm has a fifty day moving average price of $233.65 and a 200-day moving average price of $165.89. The stock has a market cap of $271.88 billion, a PE ratio of 33.44, a price-to-earnings-growth ratio of 1.28 and a beta of 1.30. Dell Technologies Inc. has a 1 year low of $109.17 and a 1 year high of $469.47.
Dell Technologies (NYSE:DELL - Get Free Report) last posted its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating the consensus estimate of $2.96 by $1.90. The company had revenue of $43.84 billion during the quarter, compared to analysts' expectations of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. Dell Technologies's quarterly revenue was up 87.5% on a year-over-year basis. During the same period last year, the company posted $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. On average, research analysts expect that Dell Technologies Inc. will post 12.93 EPS for the current year.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the stock. William Blair assumed coverage on shares of Dell Technologies in a research note on Monday. They set a "neutral" rating for the company. Jefferies Financial Group cut shares of Dell Technologies to a "hold" rating in a research note on Monday. UBS Group set a $700.00 target price on shares of Dell Technologies in a research note on Friday, May 29th. Bank of America raised their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the company a "buy" rating in a research note on Friday, May 29th. Finally, Raymond James Financial cut shares of Dell Technologies from an "outperform" rating to a "market perform" rating in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Dell Technologies has an average rating of "Moderate Buy" and a consensus target price of $475.76.
View Our Latest Research Report on Dell Technologies
Dell Technologies News Summary
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Dell is getting more bullish coverage after its huge Q1 beat, with multiple articles highlighting AI-server demand, a $60 billion AI-server outlook, and upgraded earnings optimism that could keep the stock elevated. Article Title
- Positive Sentiment: Multiple reports say Dell is benefiting from the AI buildout, including commentary that it is becoming a key AI infrastructure supplier rather than just a PC maker, which supports the stock’s rerating. Article Title
- Positive Sentiment: Dell and Nvidia unveiled an XPS 16 Creator Edition powered by the RTX Spark platform, adding another AI-related product catalyst. Article Title
- Positive Sentiment: Dell was also named a Zacks Rank #1 (Strong Buy), reinforcing the bullish near-term outlook from analysts and momentum traders. Article Title
- Neutral Sentiment: A column on Sen. Elizabeth Warren’s criticism of Trump trades mentioned Dell as one of several stocks in the discussion, but this is more a political headline than a direct company-specific business driver. Article Title
- Negative Sentiment: Several Dell directors tied to Silver Lake disclosed large stock sales on June 1, which may raise some concerns about insider selling after the rally. Article Title
Institutional Investors Weigh In On Dell Technologies
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DELL. Brighton Jones LLC lifted its holdings in shares of Dell Technologies by 42.7% in the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company's stock worth $347,000 after acquiring an additional 901 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Dell Technologies in the 2nd quarter worth about $328,000. Marshall Wace LLP bought a new stake in shares of Dell Technologies in the 2nd quarter worth about $809,000. Gamco Investors INC. ET AL lifted its holdings in shares of Dell Technologies by 30.2% in the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company's stock worth $819,000 after acquiring an additional 1,550 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of Dell Technologies by 147.2% in the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company's stock worth $7,112,000 after acquiring an additional 34,538 shares during the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.
Dell Technologies Company Profile
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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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