Dell Technologies (NYSE:DELL) Trading Down 3.5% – Should You Sell?

Dell Technologies Inc. (NYSE:DELL)’s share price traded down 3.5% during trading on Friday . The company traded as low as $385.13 and last traded at $394.9330. Approximately 10,688,034 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 8,790,915 shares. The stock had previously closed at $409.45.

Dell Technologies News Summary

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

• Positive Sentiment: Dell continues to benefit from strong AI server demand and a growing backlog, with Goldman Sachs recently raising its price target to $500 and reiterating a Buy rating. Goldman Sachs Raises Price Target on Dell Technologies (DELL) Following Strong AI Server Demand
• Positive Sentiment: Coverage this week also highlighted Dell’s record AI backlog, broad AI infrastructure exposure, and strong recent earnings, reinforcing the bullish case for continued growth. Dell Technologies Inc. (DELL) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Dell remains a widely watched AI infrastructure stock, and investor attention has stayed high after its strong earnings and rapid share-price appreciation earlier in the year. Dell Technologies (DELL) Stock After 240% YTD Rally Is There Further Upside Potential
• Neutral Sentiment: The company’s director sold shares under a pre-arranged 10b5-1 plan, which is routine but can still add pressure when the stock is already extended. Director Lynn Vojvodich Radakovich stock sale
• Negative Sentiment: Analyst commentary and market articles yesterday pointed to valuation concerns and possible market-share risks after Dell’s sharp rally, which likely contributed to today’s weakness. Dell (DELL) Shares Tumble Over 5% Following Analyst Downgrade to Hold

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on DELL shares. Roth Mkm started coverage on shares of Dell Technologies in a report on Friday, May 29th. They set a “buy” rating on the stock. 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. Guggenheim upgraded shares of Dell Technologies to a “buy” rating in a research note on Monday, June 1st. Susquehanna set a $289.00 price target on shares of Dell Technologies and gave the stock a “neutral” rating in a report on Friday, May 29th. Finally, Truist Financial upped their target price on Dell Technologies from $170.00 to $360.00 and gave the company a “hold” rating in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $490.38.

Dell Technologies Stock Performance

The company has a market cap of $255.96 billion, a price-to-earnings ratio of 31.37, a P/E/G ratio of 0.92 and a beta of 1.30. The company’s fifty day moving average is $307.11 and its two-hundred day moving average is $197.06.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating the consensus estimate of $2.96 by $1.90. The business 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%. The business’s quarterly revenue was up 87.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.55 EPS. 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, sell-side analysts anticipate that Dell Technologies Inc. will post 17.84 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

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

Insider Activity at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 39,537 shares of Dell Technologies stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $403.12, for a total transaction of $15,938,155.44. Following the completion of the transaction, the director owned 69,916 shares in the company, valued at approximately $28,184,537.92. This trade represents a 36.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Richard J. Rothberg sold 20,000 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $410.00, for a total value of $8,200,000.00. Following the completion of the transaction, the general counsel directly owned 142,415 shares of the company’s stock, valued at approximately $58,390,150. This trade represents a 12.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 3,885,274 shares of company stock worth $1,396,987,916 in the last three months. Company insiders own 41.50% of the company’s stock.

Hedge Funds Weigh In On Dell Technologies

Several institutional investors have recently made changes to their positions in the company. Campbell Capital Management Inc. increased its holdings in Dell Technologies by 34.0% in the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after purchasing an additional 20,362 shares during the last quarter. ProShare Advisors LLC boosted its position in shares of Dell Technologies by 10.5% during the fourth quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock worth $10,157,000 after buying an additional 7,642 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of Dell Technologies in the fourth quarter valued at $23,332,000. Tectonic Advisors LLC acquired a new position in Dell Technologies during the 4th quarter worth about $5,620,000. Finally, B. Metzler seel. Sohn & Co. AG lifted its stake in Dell Technologies by 156.2% during the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 119,263 shares of the technology company’s stock worth $16,908,000 after acquiring an additional 72,712 shares in the last quarter. 76.37% of the stock is owned by hedge funds and other institutional investors.

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.