Insider Selling: Dell Technologies (NYSE:DELL) Director Sells 78,425 Shares of Stock

Dell Technologies Inc. (NYSE:DELLGet Free Report) Director Silver Lake Partners Iv, L.P. sold 78,425 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $414.43, for a total transaction of $32,501,672.75. Following the transaction, the director directly owned 105,342 shares in the company, valued at approximately $43,656,885.06. The trade was a 42.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Silver Lake Partners Iv, L.P. also recently made the following trade(s):

  • On Wednesday, June 3rd, Silver Lake Partners Iv, L.P. sold 84,365 shares of Dell Technologies stock. The shares were sold at an average price of $422.98, for a total transaction of $35,684,707.70.
  • On Tuesday, June 2nd, Silver Lake Partners Iv, L.P. sold 176,754 shares of Dell Technologies stock. The stock was sold at an average price of $438.91, for a total transaction of $77,579,098.14.
  • On Tuesday, June 2nd, Silver Lake Partners Iv, L.P. sold 19,320 shares of Dell Technologies stock. The shares were sold at an average price of $458.12, for a total transaction of $8,850,878.40.
  • On Monday, June 1st, Silver Lake Partners Iv, L.P. sold 189,805 shares of Dell Technologies stock. The shares were sold at an average price of $457.99, for a total transaction of $86,928,791.95.
  • On Monday, June 1st, Silver Lake Partners Iv, L.P. sold 84,532 shares of Dell Technologies stock. The stock was sold at an average price of $445.96, for a total transaction of $37,697,890.72.

Dell Technologies Trading Up 1.5%

Shares of Dell Technologies stock traded up $5.75 on Monday, reaching $400.14. 8,515,897 shares of the company were exchanged, compared to its average volume of 11,503,263. Dell Technologies Inc. has a one year low of $109.17 and a one year high of $469.47. The company has a 50-day moving average of $247.27 and a 200 day moving average of $171.80. The company has a market capitalization of $258.39 billion, a price-to-earnings ratio of 31.78, a PEG ratio of 1.16 and a beta of 1.30.

Dell Technologies (NYSE:DELLGet Free Report) last announced its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $1.90. The business 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 for the quarter was up 87.5% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Analysts predict that Dell Technologies Inc. will post 12.93 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Ariadne Wealth Management LP increased its stake in shares of Dell Technologies by 1.6% in the first quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company’s stock valued at $508,000 after buying an additional 49 shares in the last quarter. Bell Investment Advisors Inc increased its stake in shares of Dell Technologies by 19.3% in the first quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock valued at $53,000 after buying an additional 52 shares in the last quarter. Vectors Research Management LLC increased its stake in shares of Dell Technologies by 0.4% in the first quarter. Vectors Research Management LLC now owns 14,645 shares of the technology company’s stock valued at $2,404,000 after buying an additional 55 shares in the last quarter. Raleigh Capital Management Inc. increased its stake in shares of Dell Technologies by 6.9% in the first quarter. Raleigh Capital Management Inc. now owns 1,044 shares of the technology company’s stock valued at $171,000 after buying an additional 67 shares in the last quarter. Finally, Flagship Harbor Advisors LLC increased its stake in shares of Dell Technologies by 1.3% in the third quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock valued at $789,000 after buying an additional 71 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on DELL. Wolfe Research downgraded shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research note on Friday, May 29th. CLSA upgraded shares of Dell Technologies to an “outperform” rating in a research note on Friday, May 29th. Mizuho lifted their price objective on shares of Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a research note on Monday, June 1st. Zacks Research upgraded shares of Dell Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Finally, UBS Group set a $700.00 price objective on shares of Dell Technologies in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Dell Technologies currently has an average rating of “Moderate Buy” and an average price target of $475.76.

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About Dell Technologies

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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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