1,399 Shares of Dell Technologies Inc. $DELL Bought by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC purchased a new position in shares of Dell Technologies Inc. (NYSE:DELL) during the third quarter, Holdings Channel reports. The firm purchased 1,399 shares of the technology company’s stock, valued at approximately $753,000.

Other large investors also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in Dell Technologies by 7.6% in the 1st 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 during the last quarter. Wellington Management Group LLP boosted its position in shares of Dell Technologies by 140.1% during the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock valued at $1,090,294,000 after acquiring an additional 1,474,347 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Dell Technologies by 3.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock valued at $157,869,000 after buying an additional 27,668 shares during the period. Swiss National Bank increased its stake in Dell Technologies by 4.7% during the first quarter. Swiss National Bank now owns 931,008 shares of the technology company’s stock worth $152,806,000 after acquiring an additional 41,700 shares during the last quarter. Finally, Amundi raised its holdings in Dell Technologies by 5.8% in the 1st quarter. Amundi now owns 845,709 shares of the technology company’s stock valued at $138,806,000 after buying an additional 46,240 shares during the period. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Insiders Place Their Bets

In related news, Director Spv-2 L.P. Sl sold 44,408 shares of Dell Technologies stock in a transaction on 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 completion of the transaction, the director directly owned 43,740 shares in the company, valued at approximately $25,469,802. This trade represents a 50.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Silver Lake Partners V. De (Aiv sold 25,494 shares of the business’s stock in a transaction on Friday, October 9th. The stock was sold at an average price of $582.30, for a total value of $14,845,156.20. Following the transaction, the director directly owned 22,686 shares of the company’s stock, valued at $13,210,057.80. The trade was a 52.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,817,628 shares of company stock valued at $990,253,476. 41.50% of the stock is owned by company insiders.

Dell Technologies Price Performance

Shares of NYSE DELL traded up $3.08 during midday trading on Monday, hitting $454.79. The company’s stock had a trading volume of 6,638,347 shares, compared to its average volume of 8,309,329. The firm has a market capitalization of $289.16 billion, a price-to-earnings ratio of 26.40, a price-to-earnings-growth ratio of 0.47 and a beta of 1.37. The business’s fifty day simple moving average is $514.56 and its two-hundred day simple moving average is $394.91. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $595.51.

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

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders 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 dividend yield of 0.6%. Dell Technologies’s dividend payout ratio is currently 14.63%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DELL. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Dell Technologies in a report on Thursday, September 3rd. They issued a “hold” rating and a $480.00 target price for the company. Evercore restated an “outperform” rating and set a $650.00 price target on shares of Dell Technologies in a research note on Wednesday, September 9th. Weiss Ratings restated a “buy (b)” rating on shares of Dell Technologies in a research report on Wednesday, August 12th. Melius Research lifted their price objective on Dell Technologies from $650.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. Finally, Barclays downgraded Dell Technologies from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $603.00 to $574.00 in a report on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given 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 an average target price of $569.96.

Dell Technologies Company Profile

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, peripherals and other end-user devices, as well as servers, storage systems, networking equipment and related infrastructure solutions for businesses, governments and other organizations.

The company also provides consulting, deployment, support, managed and cybersecurity services designed to help customers build and operate their technology environments.