Dell Technologies Inc. (NYSE:DELL – Get Free Report) Director Spv-2 L.P. Sl sold 72,148 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $558.74, for a total transaction of $40,311,973.52. Following the sale, the director directly owned 82,277 shares of the company’s stock, valued at approximately $45,971,450.98. This represents a 46.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Spv-2 L.P. Sl also recently made the following trade(s):
- On Wednesday, September 9th, Spv-2 L.P. Sl sold 48,097 shares of Dell Technologies stock. The stock was 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 value of $26,326,619.43.
- On Friday, September 4th, Spv-2 L.P. Sl sold 49,946 shares of Dell Technologies stock. The stock was sold at an average price of $521.34, for a total value 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 value of $34,783,975.25.
- On Thursday, September 3rd, Spv-2 L.P. Sl sold 83,006 shares of Dell Technologies stock. The shares were sold at an average price of $517.34, for a total value of $42,942,324.04.
- On Thursday, July 9th, Spv-2 L.P. Sl sold 59,492 shares of Dell Technologies stock. The stock was sold at an average price of $453.54, for a total value of $26,982,001.68.
- On Wednesday, July 8th, Spv-2 L.P. Sl sold 63,095 shares of Dell Technologies stock. The stock was sold at an average price of $427.15, for a total transaction of $26,951,029.25.
- On Monday, July 6th, Spv-2 L.P. Sl sold 63,204 shares of Dell Technologies stock. The stock was sold at an average price of $410.52, for a total transaction of $25,946,506.08.
Dell Technologies Price Performance
DELL stock opened at $543.51 on Wednesday. The firm has a market capitalization of $352.25 billion, a P/E ratio of 31.54, a P/E/G ratio of 0.55 and a beta of 1.34. Dell Technologies Inc. has a 52-week low of $110.22 and a 52-week high of $568.67. The company’s 50 day simple moving average is $456.43 and its 200-day simple moving average is $330.78.
Dell Technologies Dividend Announcement
The firm also recently disclosed 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. The ex-dividend date is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. Dell Technologies’s dividend payout ratio (DPR) is presently 14.63%.
Wall Street Analysts Forecast Growth
DELL has been the subject of several research reports. Roth Capital began coverage on shares of Dell Technologies in a report on Friday, May 29th. They set a “buy” rating for the company. Deutsche Bank Aktiengesellschaft began coverage on shares of Dell Technologies in a research note on Thursday, September 3rd. They set a “hold” rating and a $480.00 target price for the company. William Blair began coverage on shares of Dell Technologies in a research note on Monday, June 1st. They issued a “neutral” rating on the stock. Evercore reissued an “outperform” rating and set a $650.00 price objective on shares of Dell Technologies in a research report on Wednesday, September 9th. Finally, Guggenheim upgraded Dell Technologies to a “buy” rating in a research note on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Dell Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $560.24.
Get Our Latest Stock Analysis on DELL
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of DELL. Cornerstone Financial Management LLC raised 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 worth $28,000 after purchasing an additional 23 shares during the period. Triumph Capital Management lifted its position in shares of Dell Technologies by 2.3% during the second quarter. Triumph Capital Management now owns 1,405 shares of the technology company’s stock worth $606,000 after purchasing an additional 32 shares in the last quarter. Accel Wealth Management boosted its position in Dell Technologies by 2.8% in the 2nd quarter. Accel Wealth Management now owns 1,421 shares of the technology company’s stock valued at $613,000 after buying an additional 39 shares during the period. West Family Investments Inc. grew its stake in Dell Technologies by 3.6% during the 2nd quarter. West Family Investments Inc. now owns 1,263 shares of the technology company’s stock worth $545,000 after purchasing an additional 44 shares in the last quarter. Finally, Ariadne Wealth Management LP increased its stake in shares of Dell Technologies by 1.6% during the first quarter. Ariadne Wealth Management LP now owns 3,092 shares of the technology company’s stock worth $508,000 after buying an additional 49 shares during the period. Institutional investors own 76.37% of the company’s stock.
Dell Technologies News Roundup
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Dell’s CFO David Kennedy reportedly highlighted strong AI-related demand and the company’s substantial server backlog at Citi’s TMT Conference. Investors viewed the comments as supportive of continued growth and execution. Why Is Dell Stock Rising Today, Sept. 15?
- Positive Sentiment: European AI-chip challenger Axelera is adding an inference option to Dell servers. Although the near-term sales opportunity is expected to be modest relative to Dell’s backlog, the expanded hardware ecosystem strengthens Dell’s position as an AI infrastructure supplier. Dell Jumps as Europe’s AI Chip Challenger Enters Its Servers
- Positive Sentiment: Analyst and investor commentary remains bullish, citing Dell’s AI-server opportunity, strong recent earnings, and potential for further gains. Dell’s latest quarter included revenue growth of 57.7% year over year and earnings well above consensus, providing fundamental support for the rally. Dell Technologies Rallies on Bullish RBC Outlook
- Neutral Sentiment: Dell subsidiaries completed a $5 billion senior-notes offering. The financing should provide liquidity and may support debt refinancing, but it also underscores the company’s need to manage borrowing as AI infrastructure expansion requires significant capital. Dell Technologies Completes $5 Billion Senior Notes Offering
- Negative Sentiment: Silver Lake-related directors and affiliated entities disclosed sizable sales totaling more than $100 million at prices near $559 per share. The transactions may create some short-term overhang and raise profit-taking concerns after Dell’s extraordinary run, although the sellers retain substantial positions.
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.
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