Dell Technologies (NYSE:DELL) Stock Price Down 7.2% – Time to Sell?

Dell Technologies Inc. (NYSE:DELL)’s share price traded down 7.2% during mid-day trading on Friday. The stock traded as low as $330.42 and last traded at $344.3230. Approximately 9,541,730 shares were traded during trading, an increase of 16% from the average daily volume of 8,220,732 shares. The stock had previously closed at $371.17.

Trending Headlines about Dell Technologies

Investors following DELL have been watching these headlines:

• Positive Sentiment: Dell’s AI-server growth, record orders and substantial backlog could support continued expansion; one analysis argues a shift in who buys AI hardware may create an opportunity for the stock. Article: AI stock could be a 2027 winner
• Positive Sentiment: The University of Alabama plans to establish a high-performance computing center using Dell HPC, AI and data infrastructure, providing a customer deployment that highlights demand for Dell’s solutions. Article: Dell infrastructure deployment at the University of Alabama
• Neutral Sentiment: Coverage of Dell’s planned Austin campus renovation reports a $12 million project; the articles provide no clear indication of a material near-term effect on earnings. Article: Austin campus renovation

Wall Street Analysts Forecast Growth

A number of research firms have commented on DELL. Evercore reaffirmed an “outperform” rating and set a $650.00 target price on shares of Dell Technologies in a report on Wednesday, September 9th. TD Cowen upped their price target on shares of Dell Technologies from $500.00 to $550.00 and gave the stock a “hold” rating in a research note on Tuesday, September 29th. Wells Fargo & Company raised their price objective on shares of Dell Technologies from $505.00 to $545.00 and gave the company an “overweight” rating in a research report on Friday, August 14th. Sanford C. Bernstein increased their price target on Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. Finally, Raymond James Financial raised their target price on Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, Dell Technologies has an average rating of “Moderate Buy” and an average price target of $569.96.

Dell Technologies Price Performance

The firm has a market cap of $218.92 billion, a P/E ratio of 19.98, a PEG ratio of 0.39 and a beta of 1.45. The company’s 50 day moving average is $496.81 and its two-hundred day moving average is $341.25.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The business had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. During the same period in the prior year, the company posted $1.70 earnings per share. Dell Technologies’s revenue was up 57.7% on a year-over-year basis. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. Research analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current year.

Dell Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Tuesday, October 20th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.

Insider Buying and Selling

In other Dell Technologies news, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of Dell Technologies stock in a transaction on Friday, October 9th. The stock was sold at an average price of $586.40, for a total value of $1,055,520.00. Following the completion of the transaction, the director owned 1,404,569 shares in the company, valued at approximately $823,639,261.60. The trade was a 0.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lynn Vojvodich Radakovich sold 2,022 shares of Dell Technologies stock in a transaction dated Thursday, October 22nd. The shares were sold at an average price of $460.00, for a total value of $930,120.00. Following the completion of the transaction, the director directly owned 25,686 shares of the company’s stock, valued at $11,815,560. This represents a 7.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,819,650 shares of company stock worth $991,183,596 in the last three months. Company insiders own 41.50% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Noble Wealth Management PBC increased its position in Dell Technologies by 113.6% in the third quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after purchasing an additional 25 shares during the period. Dogwood Wealth Management LLC raised its stake in Dell Technologies by 172.7% during the 3rd quarter. Dogwood Wealth Management LLC now owns 60 shares of the technology company’s stock worth $32,000 after buying an additional 38 shares during the period. Cornerstone Financial Management LLC raised its position in shares of Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after purchasing an additional 23 shares during the period. NBH Bank acquired a new position in shares of Dell Technologies in the third quarter valued at approximately $37,000. Finally, Premier Financial Group bought a new position in Dell Technologies during the 2nd quarter worth about $34,000. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Company Profile

Dell Technologies is a global technology company that develops, sells and supports computers and related infrastructure. Its products include personal computers, workstations, monitors and peripherals, as well as servers, storage systems and networking equipment for businesses and other organizations. The company also provides technology services and solutions, including support, consulting and offerings related to cloud computing, data management and cybersecurity. Dell serves consumers, businesses, governments and other institutions in markets around the world.