Panagora Asset Management Inc. Has $32.41 Million Stock Position in Dell Technologies Inc. $DELL

Panagora Asset Management Inc. grew its position in Dell Technologies Inc. (NYSE:DELL) by 184.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 257,458 shares of the technology company’s stock after buying an additional 166,999 shares during the period. Panagora Asset Management Inc.’s holdings in Dell Technologies were worth $32,409,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Commonwealth Retirement Investments LLC acquired a new stake in shares of Dell Technologies in the 4th quarter valued at $25,000. Rossby Financial LCC raised its stake in shares of Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after buying an additional 184 shares during the last quarter. Navalign LLC bought a new stake in shares of Dell Technologies during the fourth quarter worth approximately $29,000. WealthCollab LLC raised its stake in shares of Dell Technologies by 82.0% during the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after buying an additional 114 shares during the last quarter. Finally, iA Global Asset Management Inc. bought a new stake in shares of Dell Technologies during the fourth quarter worth approximately $32,000. 76.37% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: Several recent articles argue Dell is benefiting from strong AI and server demand, with one piece highlighting a “$1.24 trillion reason” to buy the stock and citing expanding market share and rising growth forecasts. A $1.24 Trillion Reason to Buy Dell Stock Now
• Positive Sentiment: Wall Street sentiment remains constructive, with brokerage recommendations on Dell averaging to a Buy, supporting the case that investors still see upside in the shares. Wall Street Analysts Think Dell Technologies (DELL) Is a Good Investment: Is It?
• Positive Sentiment: Dell was also described as a trending stock across financial media, reflecting heightened investor interest and momentum after a sharp rally this year. Dell Technologies Inc. (DELL) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: AMD’s new UK AI investment includes collaborations with Dell Technologies on AI supercomputing infrastructure, which could reinforce Dell’s role in AI systems but is not a direct earnings announcement for Dell. Is AMD’s £2 Billion UK AI Bet Altering The Investment Case For Advanced Micro Devices (AMD)?
• Negative Sentiment: Three Dell directors, including Silver Lake-related entities, disclosed sizable stock sales at $380.25 per share, which can raise concerns about insider confidence even though the sales were disclosed and may be routine. SEC filing: Director Spv-2 L.P. Sl sale SEC filing: Silver Lake Partners Iv, L.P. sale SEC filing: Silver Lake Partners V. De (Aiv sale
• Negative Sentiment: One industry report said Dell and HPE server supply is being disrupted by a memory crunch, a potential headwind if component shortages pressure shipments or margins. Dell, HPE server supply upended by memory crunch

Dell Technologies Stock Up 3.2%

Shares of NYSE DELL opened at $408.33 on Tuesday. The company’s fifty day moving average is $269.31 and its 200-day moving average is $181.19. The stock has a market cap of $263.68 billion, a price-to-earnings ratio of 32.43, a P/E/G ratio of 0.85 and a beta of 1.30. Dell Technologies Inc. has a twelve month low of $110.22 and a twelve month high of $469.47.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. The company had revenue of $43.84 billion for 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 last year, the firm posted $1.55 earnings per share. 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, research analysts anticipate that Dell Technologies Inc. will post 17.6 EPS for the current fiscal year.

Insider Activity

In other news, insider William F. Scannell sold 143,067 shares of Dell Technologies stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $165.00, for a total transaction of $23,606,055.00. Following the transaction, the insider directly owned 21,779 shares of the company’s stock, valued at $3,593,535. This trade represents a 86.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Spv-2 L.P. Sl sold 175,901 shares of Dell Technologies stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $80,560,898.99. Following the transaction, the director directly owned 36,659 shares in the company, valued at approximately $16,789,455.41. This represents a 82.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 4,901,198 shares of company stock valued at $1,521,626,975. 41.50% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Bank of America boosted their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. The Goldman Sachs Group boosted their price target on shares of Dell Technologies from $230.00 to $500.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. Loop Capital boosted their price target on shares of Dell Technologies from $150.00 to $550.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. TD Cowen boosted their price target on shares of Dell Technologies from $150.00 to $450.00 and gave the stock a “hold” rating in a research note on Friday, May 29th. Finally, Morgan Stanley raised shares of Dell Technologies from an “underweight” rating to a “buy” rating in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued 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, Dell Technologies presently has an average rating of “Moderate Buy” and an average target price of $475.76.

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.