Dell Technologies (NYSE:DELL) Director Sells $4,314,877.05 in Stock

Dell Technologies Inc. (NYSE:DELLGet Free Report) Director Silver Lake Partners De (Aiv sold 11,055 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $390.31, for a total value of $4,314,877.05. Following the transaction, the director directly owned 73,792 shares in the company, valued at $28,801,755.52. This represents a 13.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Dell Technologies Price Performance

Shares of NYSE DELL traded up $21.86 during trading on Thursday, reaching $391.69. 7,808,967 shares of the stock traded hands, compared to its average volume of 8,810,792. Dell Technologies Inc. has a 52-week low of $109.17 and a 52-week high of $469.47. The company has a 50-day moving average of $255.55 and a 200-day moving average of $175.41. The stock has a market capitalization of $252.93 billion, a P/E ratio of 31.11, a price-to-earnings-growth ratio of 0.82 and a beta of 1.30.

Dell Technologies (NYSE:DELLGet Free Report) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm had revenue of $43.84 billion for the quarter, compared to analysts’ expectations of $35.74 billion. During the same quarter in the prior year, the firm earned $1.55 EPS. The business’s revenue for the quarter was up 87.5% compared to the same quarter last year. 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. Analysts expect that Dell Technologies Inc. will post 17.6 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on DELL shares. Royal Bank Of Canada initiated coverage on shares of Dell Technologies in a research report on Friday, May 29th. They issued an “outperform” rating for the company. TD Cowen raised their price objective on shares of Dell Technologies from $150.00 to $450.00 and gave the company a “hold” rating in a research report on Friday, May 29th. 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. Melius Research set a $565.00 price objective on shares of Dell Technologies in a research report on Friday, May 29th. Finally, The Goldman Sachs Group raised their price objective on shares of Dell Technologies from $230.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, June 1st. 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $475.76.

Check Out Our Latest Stock Report on Dell Technologies

Hedge Funds Weigh In On Dell Technologies

Institutional investors have recently added to or reduced their stakes in the business. Campbell Capital Management Inc. boosted its holdings in shares of Dell Technologies by 34.0% in 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. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in shares of Dell Technologies in the 4th quarter worth about $23,332,000. ProShare Advisors LLC boosted its holdings in Dell Technologies by 10.5% during the 4th quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock valued at $10,157,000 after acquiring an additional 7,642 shares during the period. Prospera Financial Services Inc boosted its holdings in Dell Technologies by 54.3% during the 3rd quarter. Prospera Financial Services Inc now owns 41,492 shares of the technology company’s stock valued at $5,886,000 after acquiring an additional 14,604 shares during the period. Finally, Tectonic Advisors LLC purchased a new stake in Dell Technologies during the 4th quarter valued at about $5,620,000. 76.37% of the stock is currently owned by institutional investors.

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Dell Technologies Company Profile

(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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Insider Buying and Selling by Quarter for Dell Technologies (NYSE:DELL)

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