Key Points
- Silver Lake Partners director sold 8,118 Dell shares on June 2 at an average price of $458.12, totaling about $3.72 million. After the sale, the director still held 79,906 shares, and the transaction represented a 9.22% reduction in ownership.
- Dell delivered a strong earnings beat for the quarter, reporting EPS of $4.86 versus $2.96 expected and revenue of $43.84 billion versus $35.74 billion projected. Revenue jumped 87.5% year over year.
- Analysts remain broadly positive on Dell, with several firms raising price targets and ratings, including Loop Capital lifting its target to $550 and Bank of America to $500. MarketBeat shows a consensus rating of “Moderate Buy” with an average target price of $475.76.
Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Silver Lake Partners De (Aiv sold 8,118 shares of the business's stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $458.12, for a total transaction of $3,719,018.16. Following the completion of the sale, the director owned 79,906 shares of the company's stock, valued at $36,606,536.72. The trade was a 9.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Dell Technologies Trading Up 0.2%
Shares of Dell Technologies stock opened at $421.73 on Friday. The firm has a fifty day simple moving average of $238.55 and a 200-day simple moving average of $167.92. Dell Technologies Inc. has a 1-year low of $109.17 and a 1-year high of $469.47. The stock has a market capitalization of $272.33 billion, a price-to-earnings ratio of 33.50, a PEG ratio of 1.24 and a beta of 1.30.
Dell Technologies (NYSE:DELL - Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $43.84 billion during the quarter, compared to analysts' expectations of $35.74 billion. During the same period in the previous year, the company earned $1.55 earnings per share. Dell Technologies's revenue for the quarter 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. As a group, research analysts predict that Dell Technologies Inc. will post 12.93 earnings per share for the current year.
Key Headlines Impacting Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Analysts and momentum services upgraded Dell or added it to “Strong Buy” lists, citing improving earnings estimates and strong AI-related demand. Article Title
- Positive Sentiment: Dell and Nvidia unveiled new AI PC products, including the XPS 16 Creator Edition powered by RTX Spark, which expands Dell’s AI narrative beyond servers into personal computers. Article Title
- Positive Sentiment: Commentary throughout the last day highlighted Dell as an AI infrastructure winner, with articles calling it one of the key beneficiaries of the global AI buildout. Article Title
- Neutral Sentiment: Several Silver Lake-related directors disclosed large share sales, which may create some caution, but these look more like profit-taking after the stock’s big run than a fundamental deterioration. Article Title
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. Guggenheim raised shares of Dell Technologies to a "buy" rating in a research report on Monday. Loop Capital boosted their target price on shares of Dell Technologies from $150.00 to $550.00 and gave the stock a "buy" rating in a research report on Friday, May 29th. Morgan Stanley raised shares of Dell Technologies from an "underweight" rating to a "buy" rating in a research report on Friday, May 22nd. Raymond James Financial lowered shares of Dell Technologies from an "outperform" rating to a "market perform" rating in a research report on Friday, May 29th. Finally, Bank of America boosted their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the stock a "buy" rating in a research report on Friday, May 29th. One research 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 stock. According to data from MarketBeat, Dell Technologies has an average rating of "Moderate Buy" and a consensus target price of $475.76.
View Our Latest Report on Dell Technologies
Institutional Investors Weigh In On Dell Technologies
Several institutional investors and hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC increased its holdings in Dell Technologies by 8.8% in the 1st quarter. Parallel Advisors LLC now owns 6,973 shares of the technology company's stock valued at $1,145,000 after buying an additional 564 shares during the period. Asset Dedication LLC increased its holdings in Dell Technologies by 1.7% in the 1st quarter. Asset Dedication LLC now owns 4,291 shares of the technology company's stock valued at $704,000 after buying an additional 73 shares during the period. Groupama Asset Managment boosted its holdings in Dell Technologies by 2.6% during the first quarter. Groupama Asset Managment now owns 2,902 shares of the technology company's stock valued at $476,000 after purchasing an additional 73 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in Dell Technologies during the first quarter valued at approximately $5,930,000. Finally, BankChampaign National Association acquired a new stake in Dell Technologies during the first quarter valued at approximately $595,000. Institutional investors own 76.37% of the company's stock.
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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