Dell Technologies (NYSE:DELL) CFO Sells $13,979,637.92 in Stock

Dell Technologies Inc. (NYSE:DELL) CFO David Kennedy sold 23,896 shares of the stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $585.02, for a total transaction of $13,979,637.92. Following the sale, the chief financial officer directly owned 159,201 shares of the company’s stock, valued at $93,135,769.02. This represents a 13.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Dell Technologies Trading Up 1.3%

Shares of DELL stock traded up $7.14 on Monday, hitting $575.20. 7,594,910 shares of the stock were exchanged, compared to its average volume of 8,438,266. The business has a 50-day moving average of $464.52 and a 200 day moving average of $339.93. Dell Technologies Inc. has a fifty-two week low of $110.22 and a fifty-two week high of $595.51. The firm has a market capitalization of $372.79 billion, a P/E ratio of 33.38, a price-to-earnings-growth ratio of 0.59 and a beta of 1.34.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The firm had revenue of $46.97 billion during the quarter, compared to the consensus estimate of $44.89 billion. During the same quarter in the prior year, the firm posted $1.70 EPS. The business’s revenue was up 57.7% on a year-over-year basis. 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, research analysts forecast that Dell Technologies Inc. will post 25.14 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 annualized dividend and a yield of 0.4%. Dell Technologies’s payout ratio is 14.63%.

More Dell Technologies News

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

• Positive Sentiment: Morgan Stanley said Dell is well positioned to benefit from the growth of on-premises AI, supporting the view that enterprises will continue investing in Dell’s servers and infrastructure. Dell Best Positioned to Benefit From On-Premises AI Growth, Morgan Stanley Says
• Positive Sentiment: Dell’s AI customer base has surpassed 6,500, while enterprise, sovereign-AI and neocloud demand is contributing to record orders and an approximately $95 billion backlog. These figures reinforce expectations for continued revenue growth despite competition from Super Micro Computer and Hewlett Packard Enterprise. DELL Rides on Growing AI Clientele
• Positive Sentiment: Dell introduced the XPS Googlebook, a premium 13-inch laptop powered by Qualcomm’s Snapdragon X Elite and designed for Google’s Gemini Intelligence. The product broadens Dell’s consumer lineup and links its XPS brand to the expanding AI-PC market. Dell Technologies Introduces the XPS Googlebook
• Positive Sentiment: Analyst commentary continues to highlight Dell, alongside SMCI and HPE, as a way to participate in rising AI-server spending. Dell’s inclusion in the S&P 100 also improves its visibility among large-cap investors. Buy Top-Ranked DELL, SMCI & HPE
• Neutral Sentiment: Although Dell reached a fresh 52-week high, investors are weighing whether further gains are justified by fundamentals. The sharp rally increases sensitivity to valuation, execution and any slowdown in AI infrastructure demand. Dell Hits Fresh High: Is There Still Room to Run?
• Negative Sentiment: Two Dell directors sold substantial amounts of stock, totaling roughly $42 million. The transactions may raise concerns about insider confidence, although they do not necessarily indicate a change in the company’s business outlook. Dell Director Sells Stock
• Negative Sentiment: A separate valuation-focused report argued that Dell’s strong performance leaves substantial downside risk, highlighting the potential for profit-taking if AI growth expectations or valuation multiples weaken. Dell: This High Flyer Has 67% Downside

Institutional Investors Weigh In On Dell Technologies

A number of institutional investors have recently modified their holdings of the business. Bank of America Corp DE increased its position in Dell Technologies by 7.6% during the first quarter. Bank of America Corp DE now owns 14,394,835 shares of the technology company’s stock worth $2,362,624,000 after acquiring an additional 1,011,101 shares during the period. Geode Capital Management LLC increased its holdings in shares of Dell Technologies by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock worth $939,808,000 after purchasing an additional 108,011 shares during the period. Deutsche Bank AG boosted its stake in shares of Dell Technologies by 24.6% in the fourth quarter. Deutsche Bank AG now owns 5,517,070 shares of the technology company’s stock valued at $694,489,000 after buying an additional 1,090,336 shares during the period. Norges Bank acquired a new stake in Dell Technologies during the fourth quarter worth approximately $607,349,000. Finally, Wellington Management Group LLP lifted 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 period. Institutional investors own 76.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on DELL. Barclays increased their price target on Dell Technologies from $550.00 to $603.00 and gave the company an “overweight” rating in a research report on Wednesday, September 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Dell Technologies in a research note on Wednesday, August 12th. UBS Group reaffirmed an “outperform” rating on shares of Dell Technologies in a research report on Wednesday, September 2nd. KeyCorp reiterated a “sector weight” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Finally, Guggenheim upgraded shares of Dell Technologies to a “buy” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $560.72.

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, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.