Jane Tunnell Sells 5,436 Shares of Dell Technologies (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELL) CMO Jane Tunnell sold 5,436 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $523.51, for a total transaction of $2,845,800.36. Following the sale, the chief marketing officer owned 41,539 shares in the company, valued at approximately $21,746,081.89. This trade represents a 11.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Dell Technologies Stock Down 5.3%

Shares of NYSE:DELL opened at $507.13 on Friday. The business has a fifty day simple moving average of $447.99 and a 200-day simple moving average of $321.75. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $562.99. The company has a market cap of $328.68 billion, a P/E ratio of 29.43, a P/E/G ratio of 0.55 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last released its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The company’s quarterly revenue was up 57.7% on a year-over-year basis. During the same period last year, the company earned $1.70 earnings per share. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. Sell-side analysts expect that Dell Technologies Inc. will post 25.14 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s payout ratio is 14.63%.

Hedge Funds Weigh In On Dell Technologies

Several hedge funds have recently modified their holdings of DELL. Cornerstone Financial Management LLC boosted its stake in Dell Technologies by 56.1% during the second quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock valued at $28,000 after buying an additional 23 shares in the last quarter. Byrne Asset Management LLC acquired a new stake in Dell Technologies during the second quarter valued at approximately $38,000. Atwood & Palmer Inc. grew its position in Dell Technologies by 860.0% in the second quarter. Atwood & Palmer Inc. now owns 96 shares of the technology company’s stock worth $41,000 after buying an additional 86 shares during the last quarter. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Dell Technologies during the 2nd quarter valued at $43,000. Finally, Allied Private Wealth LLC acquired a new position in shares of Dell Technologies in the 2nd quarter worth $63,000. 76.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DELL has been the topic of several analyst reports. Wolfe Research downgraded Dell Technologies from a “peer perform” rating to a “peer perform” rating in a report on Friday, May 29th. Jefferies Financial Group lowered Dell Technologies to a “hold” rating in a research report on Monday, June 1st. Fox Advisors raised shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price objective for the company in a report on Wednesday, September 2nd. Loop Capital upped their price objective on Dell Technologies from $150.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Finally, Citigroup lifted their price objective on shares of Dell Technologies from $515.00 to $600.00 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $560.24.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Royal Bank of Canada initiated coverage with an “outperform” rating and a $640 price target, implying substantial upside from recent levels. This adds to a broadly bullish analyst consensus, including recent target increases from Evercore and other firms. Analyst price target coverage
• Positive Sentiment: AI demand remains the primary catalyst. Dell reported approximately $60.9 billion in AI-server orders and a roughly $95 billion backlog. Its latest quarter also delivered $7.04 in adjusted EPS versus a $4.91 consensus estimate and $46.97 billion in revenue, up 57.7% year over year. Dell AI server orders and backlog
• Positive Sentiment: Management commentary that a structural shortage in AI computing capacity could worsen in 2027 reinforces expectations for sustained server demand. Dell is also benefiting from enterprise customers deploying AI systems on-premises, broadening the opportunity beyond large cloud providers. Dell CEO comments on AI compute shortages
• Neutral Sentiment: Dell plans to raise approximately $4 billion through a bond offering to refinance debt while supporting its AI infrastructure expansion. The financing may improve capital flexibility, although investors will watch borrowing costs, leverage and cash-flow conversion. Dell bond sale
• Negative Sentiment: AI server stocks are pulling back after a strong two-day advance, with no company-specific disclosure identified. The move suggests short-term profit-taking and caution after Dell’s more than 300% one-year rally. AI server stock pullback
• Negative Sentiment: Recent insider selling is another modest headwind. Dell’s CMO and several Silver Lake-affiliated entities sold shares worth millions of dollars, reducing their positions while DELL trades near record highs. These transactions may reflect diversification rather than deteriorating fundamentals, but they can reinforce near-term selling pressure. Dell insider selling

About Dell Technologies

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.