Simplicity Wealth LLC Purchases New Position in Dell Technologies Inc. $DELL

Simplicity Wealth LLC acquired a new position in shares of Dell Technologies Inc. (NYSE:DELL) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 1,311 shares of the technology company’s stock, valued at approximately $215,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Retirement Investments LLC acquired a new stake in shares of Dell Technologies in the 4th quarter valued at about $25,000. Rossby Financial LCC increased its position in Dell Technologies by 968.4% during the fourth quarter. Rossby Financial LCC now owns 203 shares of the technology company’s stock worth $26,000 after buying an additional 184 shares during the period. Navalign LLC purchased a new stake in Dell Technologies in the fourth quarter valued at approximately $29,000. Kemnay Advisory Services Inc. purchased a new stake in Dell Technologies in the fourth quarter valued at approximately $29,000. Finally, WealthCollab LLC boosted its holdings in shares of Dell Technologies by 82.0% in the second quarter. WealthCollab LLC now owns 253 shares of the technology company’s stock valued at $31,000 after acquiring an additional 114 shares during the period. Institutional investors and hedge funds own 76.37% of the company’s stock.

Key Dell Technologies News

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

• Negative Sentiment: AI hardware stocks sold off broadly, with commentary pointing to fears that the memory cycle may be peaking and that demand expectations for AI infrastructure may be too optimistic after a big run-up. TipRanks article on Dell stock tanks 14%
• Negative Sentiment: Reports also highlighted AI infrastructure overcapacity concerns, suggesting traders are reassessing whether Dell’s AI server growth story has already been fully priced in. Blockonomi article on AI infrastructure overcapacity concerns
• Negative Sentiment: Heavy insider selling added to the weak sentiment, including a recent disclosure that a Silver Lake-related director sold 34,869 shares, reinforcing profit-taking concerns after Dell’s powerful rally. SEC filing for Dell insider sale
• Negative Sentiment: Market coverage noted that Dell’s decline was larger than the broader market’s move, signaling that investors are rotating out of the name after a steep year-to-date advance. Zacks article on Dell bigger fall than the market

Dell Technologies Price Performance

NYSE:DELL opened at $412.17 on Thursday. The firm has a market cap of $267.13 billion, a price-to-earnings ratio of 32.74, a price-to-earnings-growth ratio of 0.98 and a beta of 1.31. The firm’s fifty day moving average price is $366.72 and its 200 day moving average price is $225.64. Dell Technologies Inc. has a 1-year low of $110.22 and a 1-year high of $469.47.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data 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 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 366.90%. Dell Technologies’s quarterly revenue was up 87.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. As a group, analysts expect that Dell Technologies Inc. will post 17.74 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have recently commented on DELL shares. Weiss Ratings raised shares of Dell Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 15th. Wolfe Research downgraded shares of Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research report on Friday, May 29th. JPMorgan Chase & Co. lifted their price objective on shares of Dell Technologies from $280.00 to $500.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. Piper Sandler upped their target price on shares of Dell Technologies from $167.00 to $497.00 and gave the company an “overweight” rating in a report on Friday, May 29th. Finally, Wall Street Zen upgraded shares of Dell Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $492.76.

Insiders Place Their Bets

In related news, Director Silver Lake Partners Iv, L.P. sold 68,706 shares of Dell Technologies stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $31,160,919.24. Following the sale, the director directly owned 67,990 shares in the company, valued at $30,836,184.60. The trade was a 50.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Silver Lake Partners V. De (Aiv sold 34,869 shares of the company’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $453.54, for a total value of $15,814,486.26. Following the transaction, the director directly owned 43,961 shares in the company, valued at $19,938,071.94. This represents a 44.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,434,758 shares of company stock worth $1,448,870,683 over the last quarter. 41.50% of the stock is owned by company insiders.

About Dell Technologies

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.