Mitchell Capital Management Co. Has $5.64 Million Stock Holdings in Dell Technologies Inc. $DELL

Mitchell Capital Management Co. cut its position in shares of Dell Technologies Inc. (NYSE:DELL) by 5.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,794 shares of the technology company’s stock after selling 2,339 shares during the period. Dell Technologies accounts for 1.0% of Mitchell Capital Management Co.’s portfolio, making the stock its 25th largest holding. Mitchell Capital Management Co.’s holdings in Dell Technologies were worth $5,639,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Navalign LLC acquired a new position in shares of Dell Technologies during the 4th quarter worth about $29,000. WealthCollab LLC increased its stake in shares of Dell Technologies by 82.0% during the 2nd quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares during the last quarter. iA Global Asset Management Inc. acquired a new position in shares of Dell Technologies during the 4th quarter worth about $32,000. State of Wyoming acquired a new position in shares of Dell Technologies during the 2nd quarter worth about $33,000. Finally, Westside Investment Management Inc. increased its stake in shares of Dell Technologies by 35.8% during the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock worth $43,000 after purchasing an additional 78 shares during the last quarter. 76.37% of the stock is currently owned by institutional investors and hedge funds.

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

Insider Activity at Dell Technologies

In other news, CFO David Alan Kennedy sold 19,500 shares of the company’s stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $182.53, for a total transaction of $3,559,335.00. Following the completion of the sale, the chief financial officer owned 183,097 shares of the company’s stock, valued at approximately $33,420,695.41. This represents a 9.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director V (Gp) L.L.C. Slta sold 382,000 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $176.81, for a total transaction of $67,541,420.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,571,688 shares of company stock worth $576,654,105 in the last 90 days. Corporate insiders own 41.50% of the company’s stock.

Dell Technologies Stock Up 32.8%

NYSE DELL opened at $420.96 on Friday. The company has a market capitalization of $271.83 billion, a P/E ratio of 33.44, a P/E/G ratio of 1.55 and a beta of 0.99. Dell Technologies Inc. has a 12-month low of $106.38 and a 12-month high of $429.15. The firm has a 50-day moving average price of $216.82 and a two-hundred day moving average price of $159.38.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Thursday, May 28th. The technology company reported $4.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. The firm had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a net margin of 6.28% and a negative return on equity of 324.36%. The business’s revenue for the quarter was up 87.5% compared to the same quarter last year. During the same quarter in the previous 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. Equities analysts expect that Dell Technologies Inc. will post 12.21 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Mizuho upped their price target on shares of Dell Technologies from $215.00 to $260.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. upped their price target on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “overweight” rating in a research note on Friday. TD Cowen boosted their price objective on shares of Dell Technologies from $150.00 to $450.00 and gave the company a “hold” rating in a report on Friday. UBS Group set a $700.00 price objective on shares of Dell Technologies in a report on Friday. Finally, Susquehanna set a $289.00 price objective on shares of Dell Technologies and gave the company a “neutral” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $421.00.

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.