Dell Technologies Inc. $DELL Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue reduced its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 9.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 30,131 shares of the technology company’s stock after selling 2,975 shares during the quarter. State of Alaska Department of Revenue’s holdings in Dell Technologies were worth $3,792,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Dell Technologies by 3.3% during the third quarter. Vanguard Group Inc. now owns 30,085,610 shares of the technology company’s stock worth $4,265,237,000 after buying an additional 964,080 shares during the period. State Street Corp lifted its stake in shares of Dell Technologies by 2.5% during the third quarter. State Street Corp now owns 14,450,258 shares of the technology company’s stock worth $2,048,613,000 after buying an additional 350,941 shares during the period. Invesco Ltd. lifted its stake in shares of Dell Technologies by 82.3% during the third quarter. Invesco Ltd. now owns 4,855,154 shares of the technology company’s stock worth $688,315,000 after buying an additional 2,191,317 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Dell Technologies by 19.9% during the third quarter. Ameriprise Financial Inc. now owns 3,840,921 shares of the technology company’s stock worth $544,670,000 after buying an additional 637,189 shares during the period. Finally, Wellington Management Group LLP lifted its stake 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 worth $426,129,000 after buying an additional 2,937,137 shares during the period. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 510,000 shares of Dell Technologies stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total value of $74,883,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ellen Jamison Kullman sold 150,346 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the transaction, the director owned 65,662 shares of the company’s stock, valued at approximately $9,529,526.06. This trade represents a 69.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,615,022 shares of company stock worth $406,651,043 over the last three months. Corporate insiders own 42.00% of the company’s stock.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Dell’s recent quarterly beat and firm guidance underpin the AI/server investment thesis — results showed better-than-expected revenue and EPS and management set FY guidance that supports valuation. MarketBeat DELL coverage
• Positive Sentiment: Broader AI rally and continuing strong demand for data-center GPUs/server infrastructure are tailwinds for Dell’s systems and services businesses. (Nvidia’s multi-day rally highlights the sector backdrop.) Nvidia Stock Rises for 10th Straight Day
• Positive Sentiment: Partnerships around edge/5G infrastructure — including a project with Intel and Nokia to deliver compact 5G UPF appliances — can expand Dell’s TAM in telecom edge compute. Intel Joins Nokia & Dell in 5G Edge Innovation
• Positive Sentiment: Industry surveys (KeyBanc’s IT VAR) point to resilient enterprise spending, which could support Dell’s services and channel-led sales. KeyBanc IT VAR survey
• Neutral Sentiment: CEO Michael Dell publicly pushed back on a proposed AI data-center moratorium — a policy stance that could matter to regulation risk but has unclear near-term stock impact. Dell CEO on AI moratorium (CNBC)
• Neutral Sentiment: High-profile media coverage of Michael Dell’s wealth and product refreshes (new Pro PCs/XPS designs) shapes sentiment but is unlikely to drive fundamentals alone. Michael Dell net wealth piece
• Negative Sentiment: Takeover/speculation reversed: shares swung higher on reports Nvidia might pursue a PC/server deal, but Nvidia denied such talks — that reversal triggered profit-taking and knocked momentum from the rumor-driven rally. Nvidia says it isn’t buying Dell
• Negative Sentiment: Insider selling: Dell’s CFO disclosed a sale of ~19,500 shares earlier this month, which can signal near-term profit-taking to some investors. SEC Form 4 (CFO sale)
• Negative Sentiment: Analyst skepticism and downgrades (and independent bearish takes) increase short-term risk; Seeking Alpha published a bearish/downgrade piece arguing upside may be limited. Seeking Alpha downgrade
• Negative Sentiment: Rising competition and product-level price pressure (Supermicro/SMCI launches, Microsoft Surface price moves) could compress margins or slow PC unit growth. SMCI Edge AI launch Microsoft raises Surface prices

Dell Technologies Stock Performance

DELL opened at $177.37 on Thursday. Dell Technologies Inc. has a fifty-two week low of $80.74 and a fifty-two week high of $191.37. The company has a fifty day moving average of $149.58 and a two-hundred day moving average of $139.89. The stock has a market capitalization of $114.54 billion, a price-to-earnings ratio of 20.34, a PEG ratio of 0.75 and a beta of 0.88.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share for the quarter, beating analysts’ consensus estimates of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The company had revenue of $33.38 billion during the quarter, compared to analysts’ expectations of $31.60 billion. During the same quarter in the previous year, the company earned $2.68 earnings per share. The firm’s revenue for the quarter was up 39.5% on a year-over-year basis. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. On average, equities research analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current year.

Dell Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Tuesday, April 21st will be issued a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, April 21st. This is a positive change from Dell Technologies’s previous quarterly dividend of $0.53. This represents a $2.52 dividend on an annualized basis and a yield of 1.4%. Dell Technologies’s dividend payout ratio is presently 24.08%.

Analyst Ratings Changes

Several research firms have recently commented on DELL. Truist Financial began coverage on shares of Dell Technologies in a research note on Tuesday, March 31st. They set a “hold” rating and a $170.00 price objective for the company. Barclays lifted their price objective on shares of Dell Technologies from $148.00 to $168.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Bank of America lifted their price objective on shares of Dell Technologies from $172.00 to $205.00 and gave the stock a “buy” rating in a research note on Wednesday, April 8th. Citigroup decreased their target price on shares of Dell Technologies from $165.00 to $160.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Finally, Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 21st. Sixteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Dell Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $170.47.

About Dell Technologies

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.