Prasad Wealth Partners LLC Sells 371 Shares of Dell Technologies Inc. $DELL

Prasad Wealth Partners LLC decreased its position in shares of Dell Technologies Inc. (NYSE:DELL) by 9.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,642 shares of the technology company’s stock after selling 371 shares during the period. Prasad Wealth Partners LLC’s holdings in Dell Technologies were worth $447,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Central Pacific Bank Trust Division bought a new position in Dell Technologies during the second quarter valued at $29,000. Smallwood Wealth Investment Management LLC bought a new position in Dell Technologies during the first quarter valued at $25,000. N.E.W. Advisory Services LLC bought a new position in Dell Technologies during the first quarter valued at $26,000. Cheviot Value Management LLC bought a new position in Dell Technologies during the first quarter valued at $27,000. Finally, Flaharty Asset Management LLC bought a new position in Dell Technologies during the first quarter valued at $27,000. Institutional investors own 76.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on DELL shares. The Goldman Sachs Group boosted their price objective on shares of Dell Technologies from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Tuesday, September 30th. Bank of America upped their price target on shares of Dell Technologies from $167.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. JPMorgan Chase & Co. upped their price target on shares of Dell Technologies from $125.00 to $145.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Citigroup upped their price target on shares of Dell Technologies from $135.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, August 11th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Dell Technologies in a report on Saturday, September 27th. Sixteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $148.67.

Insider Buying and Selling at Dell Technologies

In related news, Director V (Gp) L.L.C. Slta sold 2,220 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $146.07, for a total value of $324,275.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Iv (Gp) L.L.C. Slta sold 824,999 shares of the stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $135.98, for a total transaction of $112,183,364.02. The disclosure for this sale can be found here. Insiders sold 3,781,682 shares of company stock valued at $505,183,267 in the last ninety days. 42.00% of the stock is owned by insiders.

Dell Technologies Price Performance

NYSE:DELL opened at $145.83 on Tuesday. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $152.10. The company has a 50-day moving average of $132.08 and a 200 day moving average of $115.50. The firm has a market cap of $98.05 billion, a PE ratio of 21.45, a price-to-earnings-growth ratio of 0.96 and a beta of 1.05.

Dell Technologies (NYSE:DELL) last released its quarterly earnings data on Thursday, August 28th. The technology company reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.03. Dell Technologies had a net margin of 4.73% and a negative return on equity of 236.21%. The company had revenue of $29.78 billion during the quarter, compared to analyst estimates of $29.14 billion. During the same period in the prior year, the firm earned $1.89 earnings per share. The firm’s revenue for the quarter was up 19.0% compared to the same quarter last year. Dell Technologies has set its Q3 2026 guidance at 2.450-2.450 EPS. FY 2026 guidance at 9.550-9.550 EPS. Sell-side analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be paid a $0.525 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a $2.10 dividend on an annualized basis and a yield of 1.4%. Dell Technologies’s dividend payout ratio is 30.88%.

Dell Technologies Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).