Dell Technologies (NYSE:DELL) Shares Gap Down Following Insider Selling

Dell Technologies Inc. (NYSE:DELL) gapped down before the market opened on Thursday after an insider sold shares in the company. The stock had previously closed at $434.06, but opened at $414.54. Dell Technologies shares last traded at $404.7850, with a volume of 2,738,143 shares trading hands.

Specifically, Director Lynn Vojvodich Radakovich sold 12,022 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $421.00, for a total value of $5,061,262.00. Following the sale, the director directly owned 25,267 shares in the company, valued at $10,637,407. The trade was a 32.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DELL. Truist Financial boosted their target price on Dell Technologies from $170.00 to $360.00 and gave the stock a “hold” rating in a research report on Friday, May 29th. Wells Fargo & Company increased their price target on Dell Technologies from $270.00 to $505.00 and gave the company an “overweight” rating in a research report on Friday, May 29th. Jefferies Financial Group downgraded Dell Technologies to a “hold” rating in a report on Monday, June 1st. Daiwa Securities Group upped their price objective on shares of Dell Technologies from $170.00 to $465.00 and gave the company an “outperform” rating in a research note on Tuesday, June 2nd. Finally, TD Cowen raised their target price on shares of Dell Technologies from $150.00 to $450.00 and gave the stock a “hold” rating in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $490.38.

Key Headlines Impacting Dell Technologies

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

• Positive Sentiment: Dell launched the PowerEdge XE8812 server built on NVIDIA’s Vera Rubin NVL4 architecture, reinforcing its push deeper into rack-scale AI infrastructure and high-performance computing. Dell (DELL) Launches PowerEdge XE8812 To Push Deeper Into Rack Scale AI
• Positive Sentiment: Recent coverage highlighted Dell’s record AI backlog, strong demand for AI servers, and the view that supply remains tight, which supports revenue and margin optimism. Dell Benefits From Expanding AI Portfolio: Is the Stock a Must-Have?
• Positive Sentiment: Analyst sentiment remains constructive, with Morgan Stanley lifting its price target to $477 and other firms maintaining bullish views on Dell’s AI-driven growth. Dell Technologies Inc. (NYSE:DELL) Stock Forecast
• Neutral Sentiment: Director Lynn Vojvodich Radakovich sold 12,022 shares in a pre-arranged 10b5-1 transaction; routine insider sales may slightly pressure sentiment, but this does not appear to signal a major change in fundamentals. Director Lynn Vojvodich Radakovich stock sale
• Neutral Sentiment: Commentary pieces comparing Dell with other AI server names underscore that investors still view DELL as a leading AI hardware beneficiary, but these articles are mostly sentiment-driven rather than new fundamental catalysts. How Is Dell Technologies’ Stock Performance Compared to Other Technology Stocks?

Dell Technologies Price Performance

The business has a 50 day simple moving average of $302.60 and a 200 day simple moving average of $195.16. The stock has a market cap of $260.27 billion, a PE ratio of 31.90, a P/E/G ratio of 0.92 and a beta of 1.30.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $4.86 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $35.74 billion. During the same quarter in the previous year, the business posted $1.55 EPS. The firm’s quarterly revenue was up 87.5% compared to the same quarter last year. 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, sell-side analysts forecast that Dell Technologies Inc. will post 17.6 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be paid a dividend of $0.63 per share. The ex-dividend date is Tuesday, July 21st. This represents a $2.52 annualized dividend and a dividend yield of 0.6%. Dell Technologies’s dividend payout ratio is 20.02%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC increased its position in Dell Technologies by 42.7% during the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after buying an additional 901 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Dell Technologies in the 2nd quarter valued at approximately $328,000. Marshall Wace LLP acquired a new stake in Dell Technologies in the 2nd quarter worth approximately $809,000. Gamco Investors INC. ET AL boosted its position in Dell Technologies by 30.2% during the second quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after purchasing an additional 1,550 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in Dell Technologies by 147.2% during the second quarter. NewEdge Advisors LLC now owns 58,009 shares of the technology company’s stock valued at $7,112,000 after purchasing an additional 34,538 shares during the last quarter. Institutional investors own 76.37% of the company’s stock.

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.