Dell Technologies Inc. (NYSE:DELL – Get Free Report) General Counsel Richard Rothberg sold 20,000 shares of Dell Technologies stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $410.00, for a total value of $8,200,000.00. Following the completion of the sale, the general counsel owned 142,415 shares of the company’s stock, valued at approximately $58,390,150. The trade was a 12.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Dell Technologies Stock Up 4.0%
Shares of DELL stock opened at $420.10 on Thursday. The stock has a 50-day moving average price of $278.85 and a 200 day moving average price of $185.11. The firm has a market cap of $271.28 billion, a price-to-earnings ratio of 33.37, a PEG ratio of 0.87 and a beta of 1.30. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $469.47.
Dell Technologies (NYSE:DELL – Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. The firm had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The company’s revenue was up 87.5% on a year-over-year basis. During the same period last year, the company earned $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. Sell-side analysts predict that Dell Technologies Inc. will post 17.6 earnings per share for the current fiscal year.
Dell Technologies Dividend Announcement
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Wolfe Research lowered Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research report on Friday, May 29th. Barclays lowered Dell Technologies from an “overweight” rating to a “reduce” rating in a research report on Friday, May 29th. Loop Capital boosted their target price on Dell Technologies from $150.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. TD Cowen boosted their target price on Dell Technologies from $150.00 to $450.00 and gave the stock a “hold” rating in a research report on Friday, May 29th. Finally, Citigroup assumed coverage on Dell Technologies in a research report on Monday, June 1st. They set an “outperform” rating for the company. One 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. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $475.76.
Check Out Our Latest Stock Report on DELL
More Dell Technologies News
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Recent articles highlighted Dell’s growing AI server business, with reports pointing to sharply higher AI server revenue and building AI backlog, reinforcing the case that Dell is benefiting from enterprise data-center demand. Dell’s Momentum Score Jumps As AI Server Revenue Surges Over 750% Amid Data Center Demand
- Positive Sentiment: Investor sentiment was also lifted by a reported $1.44 billion Microsoft-related federal contract win, adding to Dell’s government and enterprise infrastructure pipeline. Dell Wins $1.44B Microsoft License Deal
- Positive Sentiment: Several market commentary pieces framed DELL as a momentum and value opportunity, with analysts and traders citing higher forecast revisions and continued upside tied to AI demand. Dell Stock Looks Cheap Here With Higher Analyst Forecasts – Short Put Plays Are Attractive
- Positive Sentiment: Market coverage noted that Michael Dell’s personal wealth has surged alongside Dell’s stock, underscoring how much the rally has been driven by the company’s strong share performance. Michael Dell Overtakes Larry Ellison As World’s Fifth-Richest Person Amid Dell Stock Surge
- Neutral Sentiment: Dell announced and confirmed a quarterly dividend of $0.63 per share, which supports the stock’s income story but is not a major growth catalyst by itself. Dell Technologies Declares Quarterly Cash Dividend
- Negative Sentiment: Recent insider selling, including several large director transactions, may create some caution around valuation and near-term sentiment. Dell Technologies insider trades
- Negative Sentiment: Some commentary also warned that DELL’s premium valuation and insider selling suggest the stock may be getting stretched after a very strong run. What's Going On With Dell Technologies Stock Thursday?
Hedge Funds Weigh In On Dell Technologies
Institutional investors have recently modified their holdings of the business. Campbell Capital Management Inc. lifted its holdings in shares of Dell Technologies by 34.0% during the 4th quarter. Campbell Capital Management Inc. now owns 80,189 shares of the technology company’s stock valued at $10,094,000 after purchasing an additional 20,362 shares in the last quarter. ProShare Advisors LLC lifted its stake in Dell Technologies by 10.5% in 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 in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in Dell Technologies in the 4th quarter valued at approximately $23,332,000. Tectonic Advisors LLC bought a new stake in Dell Technologies in the 4th quarter valued at approximately $5,620,000. Finally, Nordea Investment Management AB lifted its stake in Dell Technologies by 437.4% in the 4th quarter. Nordea Investment Management AB now owns 775,652 shares of the technology company’s stock valued at $98,578,000 after acquiring an additional 631,315 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.
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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