Dell Technologies (NYSE:DELL) Director Spv-2 L.P. Sl Sells 44,408 Shares of Company Stock

Dell Technologies Inc. (NYSE:DELL) Director Spv-2 L.P. Sl sold 44,408 shares of the stock in a transaction on Friday, October 9th. The shares were sold at an average price of $582.30, for a total value of $25,858,778.40. Following the sale, the director directly owned 43,740 shares in the company, valued at $25,469,802. This trade represents a 50.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Spv-2 L.P. Sl also recently made the following trade(s):

• On Tuesday, October 6th, Spv-2 L.P. Sl sold 46,323 shares of Dell Technologies stock. The stock was sold at an average price of $575.43, for a total value of $26,655,643.89.
• On Thursday, September 17th, Spv-2 L.P. Sl sold 46,253 shares of Dell Technologies stock. The stock was sold at an average price of $585.91, for a total value of $27,100,095.23.
• On Wednesday, September 16th, Spv-2 L.P. Sl sold 46,994 shares of Dell Technologies stock. The shares were sold at an average price of $567.88, for a total transaction of $26,686,952.72.
• On Tuesday, September 15th, Spv-2 L.P. Sl sold 46,990 shares of Dell Technologies stock. The shares were sold at an average price of $552.79, for a total transaction of $25,975,602.10.
• On Monday, September 14th, Spv-2 L.P. Sl sold 24,791 shares of Dell Technologies stock. The stock was sold at an average price of $534.05, for a total transaction of $13,239,633.55.
• On Friday, September 11th, Spv-2 L.P. Sl sold 72,148 shares of Dell Technologies stock. The shares were sold at an average price of $558.74, for a total transaction of $40,311,973.52.
• On Wednesday, September 9th, Spv-2 L.P. Sl sold 48,097 shares of Dell Technologies stock. The shares were 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 transaction 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 transaction 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 transaction of $34,783,975.25.

Dell Technologies Trading Down 11.6%

NYSE:DELL traded down $66.26 during trading hours on Wednesday, reaching $506.21. The company had a trading volume of 11,622,385 shares, compared to its average volume of 8,275,434. The firm has a market cap of $321.85 billion, a price-to-earnings ratio of 29.38, a PEG ratio of 0.60 and a beta of 1.37. The firm’s 50 day moving average price is $513.10 and its 200-day moving average price is $388.45. Dell Technologies Inc. has a 52 week low of $110.22 and a 52 week high of $595.51.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, beating the consensus estimate of $4.91 by $2.13. The firm had revenue of $46.97 billion for the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%. The company’s revenue was up 57.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.70 EPS. 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. On average, analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors 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 is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is 14.63%.

Key Dell Technologies News

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

• Positive Sentiment: CEO Michael Dell said demand for AI infrastructure should remain strong through 2030, while memory and semiconductor capacity could remain constrained for several years. Persistent shortages could support pricing and demand for Dell’s AI servers. Michael Dell Warns Memory Shortage Could Be a Four-Year Problem
• Positive Sentiment: Honeywell launched Forge Cognition, an industrial and building-management AI platform developed with NVIDIA and Dell technology. The partnership provides additional evidence of Dell’s role in emerging physical-AI deployments. Honeywell Technologies Launches Forge Cognition with NVIDIA and Dell Technologies
• Positive Sentiment: Dell’s broader AI strategy remains supported by its server backlog and partnerships, including a new Accenture Dell Business Group targeting private and agentic AI deployments.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on DELL. Deutsche Bank Aktiengesellschaft began coverage on Dell Technologies in a research report on Thursday, September 3rd. They issued a “hold” rating and a $480.00 target price on the stock. Fox Advisors raised shares of Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price target for the company in a research report on Wednesday, September 2nd. JPMorgan Chase & Co. increased their price objective on shares of Dell Technologies from $565.00 to $635.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 2nd. Cantor Fitzgerald assumed coverage on shares of Dell Technologies in a report on Wednesday, September 2nd. They issued an “overweight” rating on the stock. Finally, Wells Fargo & Company boosted their target price on shares of Dell Technologies from $505.00 to $545.00 and gave the company an “overweight” rating in a research report on Friday, August 14th. One equities 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 presently has a consensus rating of “Moderate Buy” and a consensus target price of $569.96.

Hedge Funds Weigh In On Dell Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Wellington Management Group LLP grew its stake in Dell Technologies by 140.1% in the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock worth $1,090,294,000 after acquiring an additional 1,474,347 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Dell Technologies by 7.6% during the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock valued at $2,362,624,000 after acquiring an additional 1,011,101 shares in the last quarter. Auto Owners Insurance Co raised its stake in shares of Dell Technologies by 12,488.0% during the fourth quarter. Auto Owners Insurance Co now owns 522,024 shares of the technology company’s stock valued at $6,571,000 after acquiring an additional 517,877 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Dell Technologies by 70.2% in the first quarter. Renaissance Technologies LLC now owns 721,577 shares of the technology company’s stock valued at $118,432,000 after purchasing an additional 297,500 shares during the period. Finally, Quantinno Capital Management LP boosted its holdings in shares of Dell Technologies by 73.4% in the first quarter. Quantinno Capital Management LP now owns 438,347 shares of the technology company’s stock valued at $71,946,000 after purchasing an additional 185,527 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

Dell Technologies Company Profile

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.