Dell Technologies (NYSE:DELL) Shares Down 2.4% Following Insider Selling

Dell Technologies Inc. (NYSE:DELL) shares dropped 2.4% on Thursday following insider selling activity. The company traded as low as $530.45 and last traded at $536.5910. 7,918,059 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 8,442,942 shares. The stock had previously closed at $549.83.

Specifically, Director Lynn Vojvodich Radakovich sold 2,022 shares of the stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $565.28, for a total transaction of $1,142,996.16. Following the completion of the transaction, the director owned 25,267 shares in the company, valued at approximately $14,282,929.76. This represents a 7.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Silver Lake Partners Iv, L.P. sold 7,994 shares of the business’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $569.77, for a total value of $4,554,741.38. Additional details regarding this sale are available in the official SEC disclosure. In related news, General Counsel Richard Rothberg sold 4,000 shares of the stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $583.36, for a total transaction of $2,333,440.00. Following the completion of the transaction, the general counsel directly owned 132,415 shares in the company, valued at approximately $77,245,614.40. This trade represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Truist Financial increased their target price on shares of Dell Technologies from $360.00 to $505.00 and gave the stock a “hold” rating in a report on Wednesday, September 2nd. HSBC upgraded Dell Technologies to a “buy” rating in a report on Friday, May 29th. Guggenheim upgraded Dell Technologies to a “buy” rating in a research note on Monday, June 1st. US Capital Advisors set a $625.00 price target on Dell Technologies in a research report on Wednesday, September 2nd. Finally, Morgan Stanley raised their target price on shares of Dell Technologies from $499.00 to $511.00 and gave the company an “equal weight” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $567.12.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell’s latest results remain a major fundamental support. Second-quarter revenue increased 57.7% year over year to $46.97 billion, while adjusted earnings of $7.04 per share exceeded estimates of $4.91. The company also reported approximately $60.9 billion in AI orders, a backlog near $95 billion and higher full-year guidance, providing strong visibility into data-center demand. Dell AI infrastructure comparison
• Positive Sentiment: Analyst commentary continues to favor Dell’s position in enterprise, on-premises and sovereign-AI deployments. Recent price-target increases include Mizuho’s $600 target and Evercore’s $650 target, although the shares have moved well above several other published targets.
• Neutral Sentiment: Dell recently reached a new 52-week high after a substantial monthly and year-to-date advance. That momentum reflects investor confidence in AI infrastructure, but the elevated valuation also increases the likelihood of profit-taking when market sentiment weakens. Dell 52-week high report
• Negative Sentiment: Persistent insider and large-holder selling is a key overhang. CFO David Kennedy sold 23,896 shares under a Rule 10b5-1 plan, while Silver Lake-affiliated entities have sold substantial amounts of Dell stock in recent weeks. The transactions can reinforce concerns that early investors and executives are locking in gains after the rally. Dell insider selling report
• Negative Sentiment: Broader market pressure is also affecting AI and technology shares as rising bond yields reduce appetite for high-growth stocks. UBS additionally reversed its 2027 PC outlook from growth to decline, creating a headwind for Dell’s traditional PC business even as AI servers remain strong. UBS PC outlook

Dell Technologies Price Performance

The stock has a market capitalization of $341.17 billion, a price-to-earnings ratio of 31.14, a P/E/G ratio of 0.57 and a beta of 1.34. The company’s 50-day simple moving average is $472.07 and its 200-day simple moving average is $348.63.

Dell Technologies (NYSE:DELL) last posted its earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating the consensus estimate of $4.91 by $2.13. The company had revenue of $46.97 billion for the quarter, compared to the consensus estimate of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The firm’s revenue for the quarter was up 57.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.70 earnings per share. 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 expect that Dell Technologies Inc. will post 25.14 earnings per share for the current year.

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, October 20th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is currently 14.63%.

Institutional Trading of Dell Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. boosted its holdings in Dell Technologies by 71.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company’s stock valued at $2,660,000 after purchasing an additional 2,576 shares during the period. Andra AP fonden increased its holdings in shares of Dell Technologies by 16.0% during the second quarter. Andra AP fonden now owns 86,168 shares of the technology company’s stock worth $37,178,000 after purchasing an additional 11,900 shares during the period. Premier Financial Group acquired a new stake in shares of Dell Technologies in the second quarter valued at approximately $34,000. Wellington Altus USA Inc. boosted its stake in shares of Dell Technologies by 38.4% in the second quarter. Wellington Altus USA Inc. now owns 1,475 shares of the technology company’s stock valued at $636,000 after buying an additional 409 shares during the period. Finally, Revere Asset Management Inc acquired a new stake in Dell Technologies during the second quarter worth approximately $5,524,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Company Profile

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.