Future Fund LLC trimmed its position in shares of Dell Technologies Inc. (NYSE:DELL – Free Report) by 33.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,810 shares of the technology company’s stock after selling 4,961 shares during the period. Future Fund LLC’s holdings in Dell Technologies were worth $1,235,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Navalign LLC bought a new position in Dell Technologies during the 4th quarter valued at about $29,000. WealthCollab LLC grew its stake in Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after acquiring an additional 114 shares in the last quarter. iA Global Asset Management Inc. bought a new position in Dell Technologies in the 4th quarter worth about $32,000. State of Wyoming bought a new position in Dell Technologies in the 2nd quarter worth about $33,000. Finally, Smithfield Trust Co grew its stake in Dell Technologies by 92.9% in the 4th quarter. Smithfield Trust Co now owns 328 shares of the technology company’s stock worth $41,000 after acquiring an additional 158 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.
Trending Headlines about Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Dell reported revenue of $43.8 billion, up 88% year over year, and EPS of $4.86, far above Wall Street expectations, signaling a major earnings beat. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
- Positive Sentiment: AI server demand was the main catalyst: Dell said AI-optimized server revenue jumped 757% to $16.1 billion, with $24.4 billion of AI orders and a record backlog, showing demand remains very strong. Reuters: Dell raises annual forecasts as AI data center buildout fuels demand
- Positive Sentiment: Management raised full-year guidance to $165 billion-$169 billion in revenue and lifted AI-server revenue expectations, which suggests the growth surge may continue into the next quarters. WSJ: Dell Raises Fiscal Year Outlook After Sales Soar 88%
- Positive Sentiment: Analysts turned more bullish after the report, with multiple firms raising price targets sharply, which can add momentum to the stock. Benzinga: Dell’s AI-Fueled Surge May Be Far From Over
- Neutral Sentiment: The Pentagon contract is strategically important and supports Dell’s enterprise/software relationships, but investors appear to be focusing more on the AI-server earnings beat than the contract itself. CNBC: Dell wins a $9.7 billion Pentagon software deal
Analyst Upgrades and Downgrades
View Our Latest Research Report on Dell Technologies
Insider Activity at Dell Technologies
In related news, CAO Richard Troy Sharp sold 1,538 shares of the stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $149.26, for a total transaction of $229,561.88. Following the completion of the sale, the chief accounting officer owned 8,030 shares of the company’s stock, valued at $1,198,557.80. This represents a 16.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of the firm’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $176.81, for a total transaction of $67,541,420.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,571,688 shares of company stock valued at $576,654,105 over the last three months. Company insiders own 41.50% of the company’s stock.
Dell Technologies Stock Up 32.8%
NYSE:DELL opened at $420.96 on Friday. Dell Technologies Inc. has a 52 week low of $106.38 and a 52 week high of $429.15. The firm has a 50 day moving average of $216.82 and a 200 day moving average of $159.38. The stock has a market capitalization of $271.83 billion, a price-to-earnings ratio of 33.44, a PEG ratio of 1.16 and a beta of 0.99.
Dell Technologies (NYSE:DELL – Get Free Report) last posted its earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating analysts’ consensus estimates of $3.04 by $1.82. Dell Technologies had a net margin of 6.28% and a negative return on equity of 324.36%. The company had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. During the same quarter in the prior year, the company posted $1.55 earnings per share. Dell Technologies’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. As a group, analysts expect that Dell Technologies Inc. will post 12.21 EPS for the current year.
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.
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