Dell Technologies (NYSE:DELL) Trading Down 1.2% on Insider Selling

Dell Technologies Inc. (NYSE:DELL)’s share price traded down 1.2% on Wednesday following insider selling activity. The stock traded as low as $410.76 and last traded at $426.12. Approximately 5,896,298 shares traded hands during trading, a decline of 33% from the average daily volume of 8,754,243 shares. The stock had previously closed at $431.46.

Specifically, Director Lake Group L.L.C. Silver sold 16,679 shares of the stock in a transaction on Friday, June 26th. The shares were sold at an average price of $396.37, for a total transaction of $6,611,055.23. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on DELL. UBS Group set a $700.00 price target on shares of Dell Technologies in a research note on Friday, May 29th. CLSA raised Dell Technologies to an “outperform” rating in a research report on Friday, May 29th. Argus increased their price target on Dell Technologies from $200.00 to $460.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Susquehanna set a $289.00 target price on Dell Technologies and gave the stock a “neutral” rating in a research report on Friday, May 29th. Finally, Guggenheim upgraded Dell Technologies to a “buy” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $490.38.

More Dell Technologies News

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

• Positive Sentiment: Investors are rotating into Dell as a perceived winner from the Super Micro Computer investigation, with several reports saying Dell could gain share as a cleaner AI server supplier. Dell Stock Gets a ‘Slam Dunk’ as Super Micro Faces Taiwan Office Raid Over Alleged Nvidia Chip Smuggling
• Positive Sentiment: Dell is also getting a boost from continued AI demand, including a new PowerStore Elite launch in India aimed at enterprise AI storage and lower cloud dependence. Dell launches AI-focused PowerStore Elite storage platform in India as enterprise AI infrastructure race heats up
• Positive Sentiment: Recent commentary remains constructive, with some analysts and media arguing Dell still has upside after its huge rally because AI server revenue continues to expand. Dell Stock Price Prediction: The Case for 20%+ Upside
• Neutral Sentiment: Dell completed its redomestication to Texas corporation status, a corporate structure update that is important administratively but unlikely to be a major near-term stock driver. Dell Completes Redomestication to Texas Corporation Status
• Negative Sentiment: Some coverage warns that Dell’s AI boom is pressuring margins, with gross profit declining as lower-margin AI server sales make up a larger share of revenue. Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
• Negative Sentiment: A recent director stock sale may add some caution after the stock’s sharp run-up, even though insider sales do not always signal deteriorating fundamentals. Dell Technologies Inc. (NYSE:DELL) – Get Free Report

Dell Technologies Price Performance

The company has a fifty day moving average of $320.57 and a 200-day moving average of $202.85. The firm has a market cap of $276.17 billion, a P/E ratio of 33.85, a P/E/G ratio of 0.89 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.96 by $1.90. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The firm had revenue of $43.84 billion during the quarter, compared to analyst estimates of $35.74 billion. During the same quarter in the prior year, the business posted $1.55 EPS. The business’s revenue was up 87.5% compared to the same quarter last year. 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. On average, sell-side analysts expect that Dell Technologies Inc. will post 17.74 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be issued a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio is currently 20.02%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of DELL. Commonwealth Retirement Investments LLC bought a new position in Dell Technologies during the fourth quarter valued at about $25,000. Rossby Financial LCC grew its position in shares of Dell Technologies by 968.4% during the 4th quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock valued at $26,000 after acquiring an additional 184 shares during the period. Navalign LLC purchased a new stake in shares of Dell Technologies during the 4th quarter worth approximately $29,000. Kemnay Advisory Services Inc. bought a new stake in shares of Dell Technologies in the 4th quarter worth approximately $29,000. Finally, WealthCollab LLC raised its holdings in shares of Dell Technologies by 82.0% in the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares during the period. Institutional investors own 76.37% of the company’s stock.

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.