Dell Technologies Inc. $DELL Shares Sold by VMS Asset Management Limited

VMS Asset Management Limited reduced its holdings in Dell Technologies Inc. (NYSE:DELL) by 14.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,790 shares of the technology company’s stock after selling 1,296 shares during the period. Dell Technologies makes up 1.6% of VMS Asset Management Limited’s portfolio, making the stock its 26th largest holding. VMS Asset Management Limited’s holdings in Dell Technologies were worth $4,191,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Noble Wealth Management PBC lifted its holdings in shares of Dell Technologies by 113.6% in the 3rd quarter. Noble Wealth Management PBC now owns 47 shares of the technology company’s stock worth $25,000 after acquiring an additional 25 shares during the last quarter. Cornerstone Financial Management LLC boosted its stake in shares of Dell Technologies by 56.1% during the 2nd quarter. Cornerstone Financial Management LLC now owns 64 shares of the technology company’s stock worth $28,000 after purchasing an additional 23 shares during the period. Premier Financial Group bought a new position in Dell Technologies during the 2nd quarter valued at about $34,000. Byrne Asset Management LLC bought a new position in Dell Technologies during the 2nd quarter valued at about $38,000. Finally, Retirement Wealth Solutions LLC grew its holdings in Dell Technologies by 41.3% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 89 shares of the technology company’s stock valued at $48,000 after purchasing an additional 26 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors.

Key Dell Technologies News

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

• Positive Sentiment: Dell is participating in Honeywell’s new Forge Cognition platform with NVIDIA, supplying technology for agentic AI applications in buildings, campuses and industrial facilities. The partnership expands Dell’s potential enterprise-AI opportunity beyond hyperscale data centers. Honeywell launches Forge Cognition with NVIDIA and Dell
• Positive Sentiment: CEO Michael Dell said AI demand could keep memory and semiconductor supplies constrained through 2029 or 2030. Persistent supply tightness could support long-term demand for Dell’s AI servers and infrastructure, although it may also increase costs. Michael Dell warns memory shortage could be a four-year problem
• Neutral Sentiment: Silver Lake-related entities disclosed multiple sales of Dell shares executed October 9 at roughly $582 per share. The transactions reduced several positions substantially, but the entities retained significant holdings and the sales may represent portfolio management rather than a change in Dell’s fundamentals. SEC ownership filing
• Negative Sentiment: Barclays downgraded Dell to Equal Weight from Overweight and set a $574 price target, citing elevated valuation and no “meaningful” enterprise-AI demand inflection yet. The downgrade triggered a sharp reassessment after Dell’s substantial rally. Dell stock plunges after Barclays downgrade
• Negative Sentiment: Investors are questioning whether Dell’s AI-server backlog reflects durable customer demand or is being amplified by higher memory and component prices. Rising costs and an AI-heavy product mix could pressure margins even if revenue remains strong. Why Dell was one of the S&P 500’s biggest laggards
• Negative Sentiment: A hotter inflation reading increased concerns about tighter Federal Reserve policy, intensifying selling across high-growth technology and AI stocks, including Dell. AI stocks drop after hot inflation report

Dell Technologies Stock Performance

Dell Technologies stock opened at $506.21 on Thursday. The stock has a market cap of $321.85 billion, a PE ratio of 29.38, a price-to-earnings-growth ratio of 0.59 and a beta of 1.37. The stock has a 50-day moving average of $513.95 and a two-hundred day moving average of $390.78. Dell Technologies Inc. has a one year low of $110.22 and a one year high of $595.51.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, September 1st. The technology company reported $7.04 EPS for the quarter, topping the consensus estimate of $4.91 by $2.13. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The business had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. During the same period in the previous year, the firm posted $1.70 earnings per share. The business’s revenue for the quarter was up 57.7% compared to the same quarter last year. 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, sell-side analysts predict that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. Dell Technologies’s dividend payout ratio (DPR) is currently 14.63%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Dell Technologies in a research note on Wednesday, August 12th. Citigroup upped their price objective on Dell Technologies from $515.00 to $600.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. Cantor Fitzgerald initiated coverage on Dell Technologies in a research report on Wednesday, September 2nd. They set an “overweight” rating for the company. The Goldman Sachs Group reissued a “buy” rating on shares of Dell Technologies in a research note on Friday, October 9th. Finally, JPMorgan Chase & Co. upped their price target on shares of Dell Technologies from $565.00 to $635.00 and gave the stock an “overweight” rating in a report on Wednesday, September 2nd. One 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 data from MarketBeat.com, Dell Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $569.96.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the company’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of $582.30, for a total value of $14,845,156.20. Following the sale, the director directly owned 22,686 shares of the company’s stock, valued at approximately $13,210,057.80. This represents a 52.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Spv-2 L.P. Sl sold 44,408 shares of the stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $25,858,778.40. Following the sale, the director directly owned 43,740 shares in the company, valued at $25,469,802. This represents a 50.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,817,628 shares of company stock worth $990,253,476. Corporate insiders own 41.50% of the company’s stock.

About Dell Technologies

Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.

The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.