Insider Selling: Dell Technologies (NYSE:DELL) Director Sells $5,061,262.00 in Stock

Dell Technologies Inc. (NYSE:DELL) Director Lynn Vojvodich Radakovich sold 12,022 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $421.00, for a total value of $5,061,262.00. Following the sale, the director owned 25,267 shares in the company, valued at approximately $10,637,407. This trade represents a 32.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Dell Technologies Stock Performance

Shares of Dell Technologies stock opened at $394.93 on Friday. The stock has a market cap of $255.96 billion, a price-to-earnings ratio of 31.37, a price-to-earnings-growth ratio of 0.88 and a beta of 1.30. The stock has a 50 day moving average price of $311.46 and a 200-day moving average price of $198.45. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $469.47.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating the consensus estimate of $2.96 by $1.90. The company had revenue of $43.84 billion for the quarter, compared to analyst estimates of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.Dell Technologies’s quarterly revenue was up 87.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. Sell-side analysts predict that Dell Technologies Inc. will post 17.74 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. Dell Technologies’s payout ratio is currently 20.02%.

Analyst Ratings Changes

Several research analysts have issued reports on DELL shares. Bank of America boosted their target price on Dell Technologies from $280.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Wells Fargo & Company increased their price target on Dell Technologies from $270.00 to $505.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. William Blair assumed coverage on Dell Technologies in a research note on Monday, June 1st. They set a “neutral” rating for the company. Jefferies Financial Group downgraded Dell Technologies to a “hold” rating in a research report on Monday, June 1st. Finally, Daiwa Securities Group increased their target price on Dell Technologies from $170.00 to $465.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $490.38.

Key Dell Technologies News

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

• Positive Sentiment: Dell is still being viewed as a major AI infrastructure winner, with reports pointing to strong demand for AI servers, a record AI backlog, and favorable commentary from analysts who remain constructive on the stock. Goldman Sachs Raises Price Target on Dell Technologies Following Strong AI Server Demand
• Positive Sentiment: Wall Street remains generally bullish, with multiple firms raising price targets after Dell’s strong earnings and management’s upbeat outlook for AI-driven growth. Dell Technologies Inc. Stock Forecast
• Positive Sentiment: Shareholders approved moving Dell’s legal home from Delaware to Texas, a symbolic win for Michael Dell and a move management says better reflects the company’s roots and business identity. Dell shareholders approve legal move from Delaware to Texas
• Neutral Sentiment: Dell is drawing extra investor attention ahead of earnings and after a big rally, but several of the recent articles are mostly momentum and interest pieces rather than new fundamental updates. Dell Technologies is Attracting Investor Attention
• Neutral Sentiment: A director sold shares under a pre-arranged 10b5-1 plan, which is routine but can still add a little pressure to sentiment. Director Lynn Vojvodich Radakovich stock sale
• Negative Sentiment: The stock also faced selling pressure after a brokerage downgrade raised valuation concerns and worried that some of Dell’s AI-related upside may already be priced in. Dell Shares Tumble Following Analyst Downgrade to Hold
• Negative Sentiment: Broader commentary about rising memory-chip costs and hardware margin pressure has also weighed on Dell shares, since higher component prices could squeeze profitability across the PC and server businesses. Apple hikes prices as memory chip costs skyrocket

Hedge Funds Weigh In On Dell Technologies

A number of large investors have recently added to or reduced their stakes in DELL. Vanguard Group Inc. raised its stake in shares of Dell Technologies by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after acquiring an additional 1,355,841 shares in the last quarter. State Street Corp lifted its position in Dell Technologies by 1.8% during the fourth quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock valued at $1,852,450,000 after acquiring an additional 265,740 shares during the last quarter. Bank of America Corp DE boosted its stake in Dell Technologies by 7.6% in 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. Geode Capital Management LLC grew its holdings in Dell Technologies by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock worth $939,808,000 after purchasing an additional 108,011 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of Dell Technologies by 50.4% during the fourth quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after purchasing an additional 2,445,854 shares in the last quarter. 76.37% of the stock is currently owned by institutional investors.

Dell Technologies Company Profile

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.