Future Fund LLC Sells 4,961 Shares of Dell Technologies Inc. $DELL

Future Fund LLC trimmed its position in shares of Dell Technologies Inc. (NYSE:DELLFree 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.

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Analyst Upgrades and Downgrades

A number of equities analysts have commented on DELL shares. Raymond James Financial downgraded shares of Dell Technologies from an “outperform” rating to a “market perform” rating in a research note on Friday. Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Bank of America upped their target price on shares of Dell Technologies from $280.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday. Royal Bank Of Canada assumed coverage on shares of Dell Technologies in a research note on Friday. They issued an “outperform” rating on the stock. Finally, Mizuho increased their price objective on shares of Dell Technologies from $215.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and an average target price of $421.00.

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:DELLGet 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

(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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Institutional Ownership by Quarter for Dell Technologies (NYSE:DELL)

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