Dell Technologies (NYSE:DELL) Director Silver Lake Partners Iv, L.P. Sells 84,365 Shares of Stock

Dell Technologies Inc. (NYSE:DELL) Director Silver Lake Partners Iv, L.P. sold 84,365 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $422.98, for a total transaction of $35,684,707.70. Following the sale, the director directly owned 7,521 shares of the company’s stock, valued at $3,181,232.58. This trade represents a 91.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Silver Lake Partners Iv, L.P. also recently made the following trade(s):

• On Tuesday, June 2nd, Silver Lake Partners Iv, L.P. sold 176,754 shares of Dell Technologies stock. The shares were sold at an average price of $438.91, for a total transaction of $77,579,098.14.
• On Tuesday, June 2nd, Silver Lake Partners Iv, L.P. sold 19,320 shares of Dell Technologies stock. The shares were sold at an average price of $458.12, for a total transaction of $8,850,878.40.
• On Monday, June 1st, Silver Lake Partners Iv, L.P. sold 189,805 shares of Dell Technologies stock. The shares were sold at an average price of $457.99, for a total transaction of $86,928,791.95.
• 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 Trading Down 6.2%

Shares of DELL stock opened at $395.72 on Friday. Dell Technologies Inc. has a 12-month low of $109.17 and a 12-month high of $469.47. The firm’s 50 day moving average is $242.78 and its 200 day moving average is $169.51. The stock has a market capitalization of $255.53 billion, a P/E ratio of 31.43, a P/E/G ratio of 1.24 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, topping the consensus estimate 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 analysts’ expectations of $35.74 billion. During the same quarter last year, the company posted $1.55 earnings per share. The firm’s quarterly 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. As a group, equities 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 market commentators continue to raise expectations for Dell after its strong earnings beat, with several reports saying the company is benefiting from booming AI infrastructure spending. Article Title
• Positive Sentiment: Bernstein raised its price target on Dell to $500 and maintained an Outperform rating, reinforcing the view that Wall Street sees more upside after the company’s record AI quarter. Article Title
• Positive Sentiment: Dell’s partnership with Nvidia on new AI PCs, including the XPS 16 Creator Edition powered by RTX Spark, expands the AI growth story beyond servers into the PC market. Article Title
• Positive Sentiment: Multiple articles framed Dell as a major AI infrastructure winner, with investors betting the company can keep compounding growth as AI server orders and margins expand. Article Title

Institutional Investors Weigh In On Dell Technologies

A number of hedge funds have recently modified their holdings of the business. Parallel Advisors LLC grew its position in shares of Dell Technologies by 8.8% during the 1st quarter. Parallel Advisors LLC now owns 6,973 shares of the technology company’s stock valued at $1,145,000 after acquiring an additional 564 shares during the period. Asset Dedication LLC lifted its stake in shares of Dell Technologies by 1.7% during 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 in the last quarter. Groupama Asset Managment lifted its stake in shares of Dell Technologies by 2.6% during the 1st quarter. Groupama Asset Managment now owns 2,902 shares of the technology company’s stock valued at $476,000 after buying an additional 73 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new position in shares of Dell Technologies during the 1st quarter valued at $5,930,000. Finally, BankChampaign National Association purchased a new position in shares of Dell Technologies during the 1st quarter valued at $595,000. Institutional investors own 76.37% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on DELL. CLSA upgraded shares of Dell Technologies to an “outperform” rating in a report on Friday, May 29th. Wolfe Research cut shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a report on Friday, May 29th. JPMorgan Chase & Co. raised their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. UBS Group set a $700.00 target price on shares of Dell Technologies in a report on Friday, May 29th. Finally, Royal Bank Of Canada started coverage on shares of Dell Technologies in a research report on Friday, May 29th. They set an “outperform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dell Technologies has an average rating of “Moderate Buy” and an average target price of $475.76.

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.