Dell Technologies Inc. (NYSE:DELL - Get Free Report) Director Silver Lake Partners De (Aiv sold 31,749 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $380.25, for a total value of $12,072,557.25. Following the completion of the sale, the director directly owned 42,290 shares in the company, valued at $16,080,772.50. This represents a 42.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Dell Technologies Price Performance
Shares of NYSE DELL opened at $408.33 on Tuesday. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $469.47. The business's fifty day moving average price is $269.31 and its two-hundred day moving average price is $181.19. The firm has a market capitalization of $263.68 billion, a PE ratio of 32.43, a P/E/G ratio of 0.85 and a beta of 1.30.
Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS 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 company had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the previous year, the firm earned $1.55 EPS. Dell Technologies'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. Equities research analysts expect that Dell Technologies Inc. will post 17.6 earnings per share for the current fiscal year.
More Dell Technologies News
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Several recent articles argue Dell is benefiting from strong AI and server demand, with one piece highlighting a “$1.24 trillion reason” to buy the stock and citing expanding market share and rising growth forecasts. A $1.24 Trillion Reason to Buy Dell Stock Now
- Positive Sentiment: Wall Street sentiment remains constructive, with brokerage recommendations on Dell averaging to a Buy, supporting the case that investors still see upside in the shares. Wall Street Analysts Think Dell Technologies (DELL) Is a Good Investment: Is It?
- Positive Sentiment: Dell was also described as a trending stock across financial media, reflecting heightened investor interest and momentum after a sharp rally this year. Dell Technologies Inc. (DELL) Is a Trending Stock: Facts to Know Before Betting on It
- Neutral Sentiment: AMD’s new UK AI investment includes collaborations with Dell Technologies on AI supercomputing infrastructure, which could reinforce Dell’s role in AI systems but is not a direct earnings announcement for Dell. Is AMD’s £2 Billion UK AI Bet Altering The Investment Case For Advanced Micro Devices (AMD)?
- Negative Sentiment: Three Dell directors, including Silver Lake-related entities, disclosed sizable stock sales at $380.25 per share, which can raise concerns about insider confidence even though the sales were disclosed and may be routine. SEC filing: Director Spv-2 L.P. Sl sale SEC filing: Silver Lake Partners Iv, L.P. sale SEC filing: Silver Lake Partners V. De (Aiv sale
- Negative Sentiment: One industry report said Dell and HPE server supply is being disrupted by a memory crunch, a potential headwind if component shortages pressure shipments or margins. Dell, HPE server supply upended by memory crunch
Analyst Ratings Changes
DELL has been the subject of several research reports. Argus raised their target price on Dell Technologies from $200.00 to $460.00 and gave the company a "buy" rating in a research note on Friday, May 29th. Citic Securities raised their target price on Dell Technologies from $160.00 to $505.00 and gave the company a "buy" rating in a research note on Monday, June 1st. Morgan Stanley raised Dell Technologies from an "underweight" rating to a "buy" rating in a research note on Friday, May 22nd. Zacks Research raised Dell Technologies from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 21st. Finally, Wall Street Zen raised Dell Technologies from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $475.76.
Check Out Our Latest Stock Report on Dell Technologies
Hedge Funds Weigh In On Dell Technologies
A number of institutional investors have recently bought and sold shares of DELL. Campbell Capital Management Inc. grew its holdings in shares of Dell Technologies by 34.0% during the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company's stock worth $10,094,000 after purchasing an additional 20,362 shares in the last quarter. ProShare Advisors LLC boosted its stake in Dell Technologies by 10.5% in the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company's stock valued at $10,157,000 after buying an additional 7,642 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Dell Technologies in the 4th quarter valued at $23,332,000. Tectonic Advisors LLC acquired a new stake in Dell Technologies in the 4th quarter valued at $5,620,000. Finally, Nordea Investment Management AB boosted its stake in Dell Technologies by 437.4% in the 4th quarter. Nordea Investment Management AB now owns 775,652 shares of the technology company's stock valued at $98,578,000 after buying an additional 631,315 shares in the last quarter. Hedge funds and other 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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