Odyssean LLC Trims Stake in Dell Technologies Inc. $DELL

Posted by Stanley Muller on Aug 26th, 2026

Dell Technologies logo Odyssean LLC reduced its stake in Dell Technologies Inc. (NYSE:DELL – Free Report) by 15.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,515 shares of the technology company’s stock after selling 1,354 shares during the period. Dell Technologies accounts for 0.5% of Odyssean LLC’s portfolio, making the stock its 25th largest position. Odyssean LLC’s holdings in Dell Technologies were worth $3,242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of DELL. Norges Bank purchased a new stake in Dell Technologies in the fourth quarter worth about $607,349,000. Wellington Management Group LLP lifted its holdings in shares of Dell Technologies by 4,279.1% during the third quarter. Wellington Management Group LLP now owns 3,005,776 shares of the technology company’s stock valued at $426,129,000 after purchasing an additional 2,937,137 shares during the last quarter. Invesco Ltd. boosted its position in shares of Dell Technologies by 50.4% in the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after purchasing an additional 2,445,854 shares in the last quarter. Michael & Susan Dell Foundation grew its stake in shares of Dell Technologies by 533.3% in the 4th quarter. Michael & Susan Dell Foundation now owns 2,682,335 shares of the technology company’s stock worth $337,652,000 after buying an additional 2,258,797 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Dell Technologies by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock valued at $3,957,850,000 after buying an additional 1,355,841 shares in the last quarter. 76.37% of the stock is owned by institutional investors.

Dell Technologies News Summary

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

Positive Sentiment: Analysts remain bullish ahead of earnings. Evercore reportedly expects another “beat-and-raise” quarter, while recent coverage highlights AI-server demand exceeding supply and continued growth in Dell’s customer pipeline. The firm’s prior quarter substantially exceeded consensus estimates, reinforcing expectations for strong results. Dell’s AI Rally Is About to Face Its Next Big Test
Positive Sentiment: Investors are also benefiting from renewed confidence in the broader AI-infrastructure trade. Dell’s hybrid-AI strategy, enterprise PC growth and high-performance technology partnerships are supporting the company’s positioning in servers, storage and networking. What’s Going On With Dell Technologies Stock Tuesday?
Positive Sentiment: Several market commentaries identify Dell as a momentum stock and an attractive way to gain exposure to rising AI data-center spending. Peer strength and the absence of corporate charges in a Taiwan AI-server investigation also helped improve sentiment across the sector. Seagate & 2 Momentum Stocks to Buy Now for Explosive Upside
Neutral Sentiment: Chief Executive Michael Dell and CFO David Kennedy will present at Goldman Sachs and Citi technology conferences on September 9–10, giving investors additional opportunities to hear about demand, execution and guidance. Dell Technologies to Present at Investor Conferences in September
Negative Sentiment: The stock faces a high earnings bar after a substantial year-to-date rally, making any disappointing guidance or evidence of slowing AI demand a potential catalyst for profit-taking. Reported insider activity has also been heavily weighted toward sales, including transactions by senior executives, although such trades do not necessarily indicate a change in business fundamentals. SpaceX and CoreWeave Helped Turn Dell Into an AI Rocket

Analyst Ratings Changes

A number of research analysts have issued reports on DELL shares. Piper Sandler lifted their price objective on Dell Technologies from $167.00 to $497.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. Morgan Stanley increased their target price on Dell Technologies from $430.00 to $434.00 and gave the stock an “equal weight” rating in a research note on Monday. Citigroup lifted their price target on Dell Technologies from $475.00 to $515.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. TD Cowen upped 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, Weiss Ratings reissued a “buy (b)” rating on shares of Dell Technologies in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and an average price target of $496.90.

View Our Latest Analysis on DELL

Dell Technologies Stock Up 4.2%

Dell Technologies stock opened at $451.34 on Wednesday. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $514.00. The company has a market cap of $292.52 billion, a P/E ratio of 35.85, a P/E/G ratio of 0.90 and a beta of 1.33. The business has a 50-day simple moving average of $429.74 and a two-hundred day simple moving average of $290.24.

Dell Technologies (NYSE:DELL – Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, topping the consensus estimate of $2.96 by $1.90. The firm 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.55 EPS. 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. Research analysts anticipate that Dell Technologies Inc. will post 18.17 EPS for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were given a $0.63 dividend. The ex-dividend date was Tuesday, July 21st. This represents a $2.52 annualized dividend and a yield of 0.6%. Dell Technologies’s dividend payout ratio (DPR) is presently 20.02%.

Insider Buying and Selling at Dell Technologies

In related news, 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. The trade was a 82.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $457.99, for a total value of $86,928,791.95. Following the sale, the director directly owned 24,287 shares of the company’s stock, valued at $11,123,203.13. This represents a 88.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,434,758 shares of company stock worth $1,448,870,683 in the last quarter. Corporate insiders own 41.50% of the company’s stock.

About Dell Technologies

(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.