Mccarter Private Wealth Services LLC Buys 1,852 Shares of Dell Technologies Inc. $DELL

Mccarter Private Wealth Services LLC raised its stake in shares of Dell Technologies Inc. (NYSE:DELL) by 19.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 11,182 shares of the technology company’s stock after purchasing an additional 1,852 shares during the period. Mccarter Private Wealth Services LLC’s holdings in Dell Technologies were worth $1,408,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of DELL. Brighton Jones LLC grew its holdings in Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock valued at $347,000 after purchasing an additional 901 shares during the period. Sivia Capital Partners LLC bought a new position in shares of Dell Technologies in the second quarter worth about $328,000. Marshall Wace LLP bought a new position in shares of Dell Technologies in the second quarter worth about $809,000. Gamco Investors INC. ET AL boosted its stake in shares of Dell Technologies by 30.2% in the second quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after acquiring an additional 1,550 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in shares of Dell Technologies by 147.2% in the second quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock worth $7,112,000 after acquiring an additional 34,538 shares during the period. Institutional investors own 76.37% of the company’s stock.

Insider Buying and Selling

In related news, COO Jeffrey W. Clarke sold 116,000 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $182.48, for a total value of $21,167,680.00. Following the sale, the chief operating officer directly owned 1,687,414 shares in the company, valued at approximately $307,919,306.72. The trade was a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William F. Scannell sold 143,067 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $165.00, for a total value of $23,606,055.00. Following the sale, the insider owned 21,779 shares in the company, valued at approximately $3,593,535. This trade represents a 86.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,561,687 shares of company stock valued at $426,677,518 in the last ninety days. Company insiders own 41.50% of the company’s stock.

Dell Technologies Trading Down 6.9%

NYSE:DELL opened at $433.72 on Wednesday. The company has a market capitalization of $280.07 billion, a P/E ratio of 34.45, a P/E/G ratio of 1.45 and a beta of 1.30. Dell Technologies Inc. has a 12 month low of $108.01 and a 12 month high of $469.47. The business’s 50-day moving average is $223.02 and its 200 day moving average is $161.80.

Dell Technologies (NYSE:DELL) last posted its earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, topping analysts’ consensus estimates of $2.96 by $1.90. The company had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $35.74 billion. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The firm’s revenue for the quarter was up 87.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.55 earnings per share. 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, research analysts forecast that Dell Technologies Inc. will post 12.21 earnings per share for the current year.

Key Dell Technologies News

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

• Positive Sentiment: Dell’s latest quarter showed blockbuster demand for AI servers, with revenue and earnings far above expectations and management raising its full-year outlook, reinforcing the case that AI data-center spending is driving a new growth cycle. AI Boom Powers Dell Stock’s Post-Earnings Rally. Get Ready for More Upside Ahead.
• Positive Sentiment: Several analysts raised price targets sharply after the earnings beat, including Goldman Sachs, Bernstein, Citic Securities, and Daiwa, signaling growing Wall Street confidence that Dell still has room to run despite its big rally. Daiwa Securities adjusts PT on Dell Technologies to 465 from 170
• Positive Sentiment: Nvidia’s push into AI-enabled PCs could create a new upgrade cycle for Dell laptops, adding another growth avenue beyond servers and helping keep the stock in focus. Nvidia jumps into PCs with new Arm-based chip debuting in laptops from Microsoft, Dell, HP
• Positive Sentiment: Dell’s new XPS 13 launch gives the company a consumer-PC catalyst as well, with the redesigned laptop aimed directly at Apple’s MacBook line and helping extend the momentum in the shares. Dell Stock Rises as It Goes Head-to-Head with Apple Over Cutting-Edge Laptop
• Neutral Sentiment: Recent media coverage and conference remarks have kept Dell in the center of the AI trade, with investors comparing it to HPE and Super Micro as the market debates whether the stock’s rapid run has gone too far. Dell Stock is Soaring: Is it Too Late to Buy?
• Negative Sentiment: Despite the strong longer-term trend, Dell did slip in recent trading as some investors took profits after the huge run-up, and articles note the stock may be becoming more stretched on valuation. Dell Stock Snaps 8-Day Winning Streak Even as AI Server Rivals Soar

Analyst Ratings Changes

DELL has been the subject of a number of recent analyst reports. Jefferies Financial Group lowered Dell Technologies to a “hold” rating in a research note on Monday. Susquehanna set a $289.00 price objective on Dell Technologies and gave the stock a “neutral” rating in a research note on Friday. Bank of America upped their price objective on Dell Technologies from $280.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday. Melius Research set a $565.00 price objective on Dell Technologies in a research note on Friday. Finally, Morgan Stanley raised Dell Technologies from an “underweight” rating to a “buy” rating in a research note on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $475.76.

Dell Technologies 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.