Dell Technologies Inc. $DELL Shares Acquired by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lifted its holdings in shares of Dell Technologies Inc. (NYSE:DELL) by 693.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 24,388 shares of the technology company’s stock after buying an additional 21,313 shares during the period. Kingsview Wealth Management LLC’s holdings in Dell Technologies were worth $3,070,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in DELL. Brighton Jones LLC raised its stake in shares of Dell Technologies by 42.7% during the 4th quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after buying an additional 901 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Dell Technologies during the 2nd quarter worth approximately $328,000. Marshall Wace LLP acquired a new position in shares of Dell Technologies during the 2nd quarter worth approximately $809,000. Gamco Investors INC. ET AL raised its stake in shares of Dell Technologies by 30.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after buying an additional 1,550 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of Dell Technologies by 147.2% during the 2nd quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after buying an additional 34,538 shares during the period. 76.37% of the stock is owned by institutional investors and hedge funds.

Dell Technologies Stock Performance

Shares of DELL opened at $420.96 on Friday. The stock has a 50 day moving average price of $216.82 and a 200 day moving average price of $159.38. The stock has a market capitalization of $271.83 billion, a price-to-earnings ratio of 33.44, a PEG ratio of 1.55 and a beta of 0.99. Dell Technologies Inc. has a one year low of $106.38 and a one year high of $429.15.

Dell Technologies (NYSE:DELL) last issued its earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.96 by $1.90. The company had revenue of $43.84 billion during the quarter, compared to analysts’ expectations of $35.74 billion. Dell Technologies had a negative return on equity of 324.36% and a net margin of 6.28%.The firm’s quarterly revenue was up 87.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.55 EPS. Dell Technologies has set its FY 2027 guidance at 17.900-17.900 EPS and its Q2 2027 guidance at 4.800-4.800 EPS. On average, analysts predict that Dell Technologies Inc. will post 12.21 earnings per share for the current year.

Key Stories Impacting Dell Technologies

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

• Positive Sentiment: Dell reported revenue of $43.8 billion, up 88% year over year, and EPS of $4.86, far above Wall Street expectations, signaling a major earnings beat. Dell Technologies Delivers First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: AI server demand was the main catalyst: Dell said AI-optimized server revenue jumped 757% to $16.1 billion, with $24.4 billion of AI orders and a record backlog, showing demand remains very strong. Reuters: Dell raises annual forecasts as AI data center buildout fuels demand
• Positive Sentiment: Management raised full-year guidance to $165 billion-$169 billion in revenue and lifted AI-server revenue expectations, which suggests the growth surge may continue into the next quarters. WSJ: Dell Raises Fiscal Year Outlook After Sales Soar 88%
• Positive Sentiment: Analysts turned more bullish after the report, with multiple firms raising price targets sharply, which can add momentum to the stock. Benzinga: Dell’s AI-Fueled Surge May Be Far From Over
• Neutral Sentiment: The Pentagon contract is strategically important and supports Dell’s enterprise/software relationships, but investors appear to be focusing more on the AI-server earnings beat than the contract itself. CNBC: Dell wins a $9.7 billion Pentagon software deal

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on DELL shares. Weiss Ratings raised Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 15th. Raymond James Financial cut Dell Technologies from an “outperform” rating to a “market perform” rating in a research report on Friday. Wall Street Zen upgraded Dell Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Wells Fargo & Company boosted their price target on Dell Technologies from $270.00 to $505.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Evercore boosted their price target on Dell Technologies from $270.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $421.00.

Insider Buying and Selling

In other Dell Technologies news, CAO Richard Troy Sharp sold 1,538 shares of the company’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $149.26, for a total value of $229,561.88. Following the completion of the sale, the chief accounting officer directly owned 8,030 shares in the company, valued at $1,198,557.80. This represents a 16.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jeffrey W. Clarke sold 116,000 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $182.48, for a total value of $21,167,680.00. Following the completion of the sale, the chief operating officer owned 1,687,414 shares of the company’s stock, valued at approximately $307,919,306.72. The trade was a 6.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,571,688 shares of company stock worth $576,654,105 over the last quarter. Corporate insiders own 41.50% of the company’s stock.

About Dell Technologies

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.