Dell Technologies (NYSE:DELL) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Dell Technologies Inc. (NYSE:DELL)’s stock price crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $335.34 and traded as low as $315.00. Dell Technologies shares last traded at $315.8290, with a volume of 14,109,681 shares trading hands.

Dell Technologies News Roundup

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

• Positive Sentiment: A Zacks article identifies Dell as a Strong Buy, citing demand for AI infrastructure and semiconductors. Another analysis argues that the selloff has eased valuation concerns despite expectations for solid growth. Zacks article Barchart analysis
• Positive Sentiment: Dell’s AI server backlog and expanded cybersecurity offerings for AI workloads could strengthen its role in enterprise AI infrastructure, supporting the longer-term growth case. Yahoo Finance article
• Negative Sentiment: The post-midterm selloff in AI hardware continued, with Dell among the steeply declining server stocks. Reports point to investor concern that a new political landscape and local resistance could slow data-center projects; UBS estimates that nearly a third of planned U.S. capacity for 2028 could be delayed if construction pauses spread. The Motley Fool article
• Negative Sentiment: Broader weakness in chip and tech stocks added pressure. Coverage cited memory-shortage concerns and disappointing outlooks elsewhere in the semiconductor industry, though those issues were not specifically tied to data-center demand. TIKR article

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Raymond James Financial boosted their target price on Dell Technologies from $500.00 to $617.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. US Capital Advisors set a $625.00 price target on Dell Technologies in a research report on Wednesday, September 2nd. Sanford C. Bernstein increased their price target on Dell Technologies from $500.00 to $650.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. Melius Research lifted their price target on Dell Technologies from $650.00 to $735.00 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. Finally, Cantor Fitzgerald began coverage on Dell Technologies in a research report on Wednesday, September 2nd. They issued an “overweight” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $569.96.

Dell Technologies Stock Down 15.2%

The stock has a 50-day simple moving average of $507.68 and a 200-day simple moving average of $335.34. The firm has a market capitalization of $200.81 billion, a PE ratio of 18.33, a P/E/G ratio of 0.39 and a beta of 1.45.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, beating analysts’ consensus estimates 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 business’s revenue for the quarter was up 57.7% compared to the same quarter last year. During the same quarter 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. Equities analysts forecast that Dell Technologies Inc. will post 25.13 earnings per share for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th were issued a dividend of $0.63 per share. The ex-dividend date of this dividend was Tuesday, October 20th. This represents a $2.52 annualized dividend and a yield of 0.8%. Dell Technologies’s dividend payout ratio is 14.63%.

Insider Transactions at Dell Technologies

In related news, Director Silver Lake Partners Iv, L.P. sold 91,191 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $517.34, for a total transaction of $47,176,751.94. Following the sale, the director directly owned 64,209 shares in the company, valued at approximately $33,217,884.06. This represents a 58.68% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Spv-2 L.P. Sl sold 83,006 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $517.34, for a total transaction of $42,942,324.04. Following the completion of the transaction, the director directly owned 73,185 shares of the company’s stock, valued at approximately $37,861,527.90. This trade represents a 53.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,819,650 shares of company stock valued at $991,183,596 in the last quarter. Company insiders own 41.50% of the company’s stock.

Institutional Investors Weigh In On Dell Technologies

Institutional investors have recently made changes to their positions in the stock. Noble Wealth Management PBC increased its holdings in Dell Technologies by 113.6% during the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock valued at $25,000 after purchasing an additional 25 shares during the period. Cornerstone Financial Management LLC increased 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 in the last quarter. Premier Financial Group purchased a new position in shares of Dell Technologies during the second quarter valued at approximately $34,000. NBH Bank bought a new stake in Dell Technologies in the third quarter worth $37,000. Finally, Byrne Asset Management LLC bought a new position in Dell Technologies in the 2nd quarter worth about $38,000. Hedge funds and other institutional investors own 76.37% of the company’s stock.

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, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.