Dell Technologies Inc. (NYSE:DELL – Get Free Report) Director Spv-2 L.P. Sl sold 44,408 shares of the company’s stock in a transaction on Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $25,858,778.40. Following the completion of the sale, the director owned 43,740 shares of the company’s stock, valued at $25,469,802. This represents a 50.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Spv-2 L.P. Sl also recently made the following trade(s):
- On Tuesday, October 6th, Spv-2 L.P. Sl sold 46,323 shares of Dell Technologies stock. The stock was sold at an average price of $575.43, for a total value of $26,655,643.89.
- On Thursday, September 17th, Spv-2 L.P. Sl sold 46,253 shares of Dell Technologies stock. The shares were sold at an average price of $585.91, for a total value of $27,100,095.23.
- On Wednesday, September 16th, Spv-2 L.P. Sl sold 46,994 shares of Dell Technologies stock. The shares were sold at an average price of $567.88, for a total value of $26,686,952.72.
- On Tuesday, September 15th, Spv-2 L.P. Sl sold 46,990 shares of Dell Technologies stock. The stock was sold at an average price of $552.79, for a total transaction of $25,975,602.10.
- On Monday, September 14th, Spv-2 L.P. Sl sold 24,791 shares of Dell Technologies stock. The stock was sold at an average price of $534.05, for a total transaction of $13,239,633.55.
- On Friday, September 11th, Spv-2 L.P. Sl sold 72,148 shares of Dell Technologies stock. The stock was sold at an average price of $558.74, for a total transaction of $40,311,973.52.
- On Wednesday, September 9th, Spv-2 L.P. Sl sold 48,097 shares of Dell Technologies stock. The shares were sold at an average price of $540.39, for a total transaction of $25,991,137.83.
- On Tuesday, September 8th, Spv-2 L.P. Sl sold 49,949 shares of Dell Technologies stock. The shares were sold at an average price of $527.07, for a total transaction of $26,326,619.43.
- On Friday, September 4th, Spv-2 L.P. Sl sold 49,946 shares of Dell Technologies stock. The shares were sold at an average price of $521.34, for a total transaction of $26,038,847.64.
- On Thursday, September 3rd, Spv-2 L.P. Sl sold 68,525 shares of Dell Technologies stock. The stock was sold at an average price of $507.61, for a total transaction of $34,783,975.25.
Dell Technologies Trading Down 11.6%
Shares of DELL traded down $66.26 during mid-day trading on Wednesday, hitting $506.21. The company’s stock had a trading volume of 11,622,385 shares, compared to its average volume of 8,275,434. The company’s 50-day moving average is $513.10 and its 200-day moving average is $388.45. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $595.51. The firm has a market capitalization of $321.85 billion, a price-to-earnings ratio of 29.38, a PEG ratio of 0.60 and a beta of 1.37.
Dell Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio (DPR) is 14.63%.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the company. Morgan Stanley upped their price objective on Dell Technologies from $499.00 to $511.00 and gave the stock an “equal weight” rating in a research note on Monday, September 21st. Sanford C. Bernstein raised their price objective on Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. TD Cowen lifted their target price on Dell Technologies from $500.00 to $550.00 and gave the company a “hold” rating in a research note on Tuesday, September 29th. Barclays downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $603.00 to $574.00 in a report on Wednesday. Finally, Raymond James Financial increased their price target on shares of Dell Technologies from $500.00 to $617.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Dell Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $569.96.
Check Out Our Latest Analysis on DELL
More Dell Technologies News
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: CEO Michael Dell said demand for AI infrastructure should remain strong through 2030, while memory and semiconductor capacity could remain constrained for several years. Persistent shortages could support pricing and demand for Dell’s AI servers. Michael Dell Warns Memory Shortage Could Be a Four-Year Problem
- Positive Sentiment: Honeywell launched Forge Cognition, an industrial and building-management AI platform developed with NVIDIA and Dell technology. The partnership provides additional evidence of Dell’s role in emerging physical-AI deployments. Honeywell Technologies Launches Forge Cognition with NVIDIA and Dell Technologies
- Positive Sentiment: Dell’s broader AI strategy remains supported by its server backlog and partnerships, including a new Accenture Dell Business Group targeting private and agentic AI deployments.
Institutional Trading of Dell Technologies
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Plato Investment Management Ltd acquired a new stake in Dell Technologies in the second quarter worth about $5,913,000. Gabelli Funds LLC increased its holdings in shares of Dell Technologies by 49.0% during the first quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock valued at $7,565,000 after acquiring an additional 15,150 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new position in shares of Dell Technologies during the first quarter valued at about $5,930,000. Envestnet Portfolio Solutions Inc. raised its position in shares of Dell Technologies by 71.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,166 shares of the technology company’s stock valued at $2,660,000 after purchasing an additional 2,576 shares during the last quarter. Finally, Weiss Asset Management LP raised its position in shares of Dell Technologies by 20.5% in the 1st quarter. Weiss Asset Management LP now owns 25,130 shares of the technology company’s stock valued at $4,125,000 after purchasing an additional 4,274 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.
About Dell Technologies
Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.
The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.
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