Dell Technologies (NYSE:DELL) Trading 1.5% Higher – Here’s Why

Shares of Dell Technologies Inc. (NYSE:DELL) were up 1.5% during mid-day trading on Monday . The stock traded as high as $406.50 and last traded at $400.1410. Approximately 8,436,361 shares changed hands during trading, a decline of 4% from the average daily volume of 8,799,104 shares. The stock had previously closed at $394.39.

Dell Technologies News Roundup

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

• Positive Sentiment: Dell’s AI server and enterprise infrastructure business remains the main bullish driver: one report said Infrastructure Solutions Group revenue surged 181% to $29 billion, with total revenue up 88%, powered by AI partnerships, strong backlog, and demand for AI servers. Article Title
• Positive Sentiment: AMD’s new UK AI investment highlighted Dell as a partner on the University of Cambridge’s Zenith AI supercomputer and Sunrise fusion AI system, reinforcing Dell’s role in high-profile AI infrastructure projects. Article Title
• Positive Sentiment: Dell was also named AHEAD’s North America Channel Partner of the Year, a sign of momentum in its partner ecosystem that supports sales growth in enterprise and data-center hardware. Article Title
• Neutral Sentiment: Several recent articles reiterated a bullish investment case for Dell based on the AI server boom and backlog, suggesting analysts and investors still see room for growth. Article Title
• Neutral Sentiment: Market commentary also noted Dell as one of the standout AI-server names after its latest earnings, keeping sentiment constructive for the group. Article Title
• Negative Sentiment: Fresh political scrutiny is adding risk to Dell’s valuation story after reports tied Donald Trump’s Dell purchases and public endorsement to conflict-of-interest questions raised by Senator Elizabeth Warren. Article Title
• Negative Sentiment: Insider-related selling headlines, including a director sale and additional large shareholder disposals, may also weigh on investor sentiment even if they do not change the underlying business outlook. Article Title

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on DELL shares. Mizuho lifted their price objective on Dell Technologies from $435.00 to $500.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. JPMorgan Chase & Co. lifted their price objective on Dell Technologies from $280.00 to $500.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. HSBC upgraded Dell Technologies to a “buy” rating in a report on Friday, May 29th. Susquehanna set a $289.00 price objective on Dell Technologies and gave the stock a “neutral” rating in a report on Friday, May 29th. Finally, Piper Sandler lifted their price objective on Dell Technologies from $167.00 to $497.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $475.76.

Dell Technologies Stock Performance

The firm has a market capitalization of $258.39 billion, a P/E ratio of 31.78, a P/E/G ratio of 1.16 and a beta of 1.30. The stock has a fifty day moving average price of $242.78 and a two-hundred day moving average price of $169.84.

Dell Technologies (NYSE:DELL) last issued its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.96 by $1.90. Dell Technologies had a negative return on equity of 366.90% and a net margin of 6.28%.The business had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same period in the previous year, the business earned $1.55 EPS. The business’s quarterly revenue was up 87.5% on a year-over-year basis. 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, research analysts anticipate that Dell Technologies Inc. will post 12.93 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Spv-2 L.P. Sl sold 175,901 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total transaction of $80,560,898.99. Following the completion of the transaction, the director directly owned 36,659 shares in the company, valued at $16,789,455.41. This represents a 82.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Silver Lake Partners Iv, L.P. sold 189,805 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $457.99, for a total value of $86,928,791.95. Following the transaction, the director owned 24,287 shares of the company’s stock, valued at approximately $11,123,203.13. The trade was a 88.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,698,830 shares of company stock worth $981,849,426 in the last three months. 41.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in Dell Technologies by 4.5% during the 4th quarter. Vanguard Group Inc. now owns 31,441,451 shares of the technology company’s stock worth $3,957,850,000 after buying an additional 1,355,841 shares during the last quarter. State Street Corp boosted its position in Dell Technologies by 1.8% during the 4th quarter. State Street Corp now owns 14,715,998 shares of the technology company’s stock worth $1,852,450,000 after acquiring an additional 265,740 shares during the period. Bank of America Corp DE boosted its position in Dell Technologies by 7.6% during the 1st 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 boosted its position in Dell Technologies by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 7,478,732 shares of the technology company’s stock worth $939,808,000 after acquiring an additional 108,011 shares during the period. Finally, Invesco Ltd. boosted its position in Dell Technologies by 50.4% during the 4th quarter. Invesco Ltd. now owns 7,301,008 shares of the technology company’s stock worth $919,051,000 after acquiring an additional 2,445,854 shares during the period. 76.37% of the stock is currently owned by institutional investors.

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.