Dell Technologies (NYSE:DELL) General Counsel Sells $2,333,440.00 in Stock

Dell Technologies Inc. (NYSE:DELL) General Counsel Richard Rothberg sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $583.36, for a total value of $2,333,440.00. Following the sale, the general counsel directly owned 132,415 shares in the company, valued at approximately $77,245,614.40. This represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Dell Technologies Price Performance

DELL stock opened at $548.89 on Thursday. The firm has a market cap of $348.99 billion, a price-to-earnings ratio of 31.86, a PEG ratio of 0.57 and a beta of 1.34. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $595.51. The firm has a fifty day moving average price of $472.07 and a two-hundred day moving average price of $348.63.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The company had revenue of $46.97 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 57.7% on a year-over-year basis. During the same period last year, the firm posted $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. As a group, analysts expect that Dell Technologies Inc. will post 25.14 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders 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 dividend yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is presently 14.63%.

Analyst Ratings Changes

DELL has been the subject of a number of recent research reports. Wells Fargo & Company upped their price objective on Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th. UBS Group restated an “outperform” rating on shares of Dell Technologies in a research report on Wednesday, September 2nd. Loop Capital increased their price objective on shares of Dell Technologies from $150.00 to $550.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Piper Sandler reiterated an “overweight” rating and issued a $558.00 price objective (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. Finally, Citigroup boosted their target price on shares of Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $560.72.

Trending Headlines about Dell Technologies

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

• Positive Sentiment: AI remains Dell’s strongest catalyst. Analysts point to a growing AI customer base, record orders and an estimated backlog of roughly $95 billion, supporting expectations that Dell will benefit from continued data-center and on-premises AI spending. Wall Street stock upgrades
• Positive Sentiment: Dell’s new $999 XPS Googlebook, featuring Qualcomm’s Snapdragon X Elite processor and Google Gemini integration, expands its premium AI-focused product lineup. The launch could improve consumer positioning, although shipment and margin expectations were not provided. Dell Googlebook launch
• Neutral Sentiment: Dell’s latest results were strong, with quarterly EPS of $7.04 versus a $4.91 estimate and revenue growth of 57.7%. However, the stock’s sharp advance has already priced in substantial AI success, raising the bar for future earnings and margins.
• Negative Sentiment: UBS reversed its 2027 PC forecast from growth to a decline. The downgrade hurt Dell more than HP because Dell’s shares had stronger performance and higher expectations priced in, increasing concern about PC demand and potential earnings pressure. UBS PC outlook
• Negative Sentiment: Multiple insiders sold shares, including CFO David Kennedy, General Counsel Richard Rothberg and Silver Lake-affiliated director holdings. The sales may reinforce profit-taking concerns after Dell’s rally, even though insiders retain sizable positions. Dell insider selling
• Negative Sentiment: Morgan Stanley raised its price target to $511 from $499 but kept an Equalweight rating; the target remains below recent trading levels, suggesting limited near-term upside at the current valuation.

Institutional Investors Weigh In On Dell Technologies

Several institutional investors have recently bought and sold shares of DELL. Commonwealth Retirement Investments LLC acquired a new position in Dell Technologies during the 4th quarter valued at about $25,000. Cornerstone Financial Management LLC lifted its stake in shares of Dell Technologies by 56.1% in the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after acquiring an additional 23 shares during the period. Premier Financial Group bought a new position in shares of Dell Technologies in the second quarter valued at approximately $34,000. Portus Wealth Advisors LLC acquired a new position in shares of Dell Technologies during the first quarter valued at approximately $35,000. Finally, Byrne Asset Management LLC bought a new stake in Dell Technologies during the second quarter worth approximately $38,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Dell Technologies Company Profile

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.