Dell Technologies (NYSE:DELL) Stock Price Down 9.9% – Should You Sell?

Dell Technologies Inc. (NYSE:DELL) fell 9.9% on Wednesday . The company traded as low as $391.12 and last traded at $412.17. Approximately 12,837,143 shares were traded during mid-day trading, an increase of 48% from the average daily volume of 8,677,491 shares. The stock had previously closed at $457.54.

Key Dell Technologies News

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

• Positive Sentiment: Dell continues to be viewed favorably by some analysts and market commentators as a leading AI infrastructure beneficiary, with strong demand for AI-optimized servers, a growing backlog, and partnerships tied to Nvidia. Tech Corner: DELL’s Booming AI Server Business
• Positive Sentiment: Wall Street price targets remain constructive overall, with several firms recently reiterating high targets near the $500 level, suggesting confidence in Dell’s earnings and AI server growth. IBM or Dell? Bernstein Picks the Better Stock after IBM’s Earnings Warning
• Neutral Sentiment: Dell CFO Yvonne McGill receiving a legacy award is a positive corporate recognition story, but it is unlikely to move the stock by itself. Dell CFO Yvonne McGill honored with legacy award at 2026 Best CFOs event
• Negative Sentiment: Broad weakness in chip makers and other AI stocks is weighing on Dell, as investors pull back from the AI trade and question whether hardware valuations have run too far, too fast. AMD, Dell, Intel, Netflix, SpaceX, and More Stocks That Explain Today’s Market
• Negative Sentiment: Recent coverage also highlighted a sharp retreat in Dell shares amid concerns about AI infrastructure overcapacity, a potential slowdown in memory demand, and notable insider selling/profit-taking after a huge rally. “Investors Think Memory Maybe Peaking,” says Top Evercore Analyst as DELL Stock Tanks 14%

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. William Blair began coverage on shares of Dell Technologies in a report on Monday, June 1st. They issued a “neutral” rating on the stock. Guggenheim upgraded shares of Dell Technologies to a “buy” rating in a report on Monday, June 1st. TD Cowen upped their price target on Dell Technologies from $150.00 to $450.00 and gave the company a “hold” rating in a report on Friday, May 29th. Melius Research set a $565.00 price objective on Dell Technologies in a research report on Friday, May 29th. Finally, Evercore reissued an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $492.76.

Dell Technologies Trading Down 2.0%

The firm has a fifty day simple moving average of $369.95 and a 200 day simple moving average of $227.49. The stock has a market cap of $248.59 billion, a price-to-earnings ratio of 30.33, a PEG ratio of 0.88 and a beta of 1.31.

Dell Technologies (NYSE:DELL) last released 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. Dell Technologies had a net margin of 6.28% and a negative return on equity of 366.90%. The company had revenue of $43.84 billion during the quarter, compared to the consensus estimate of $35.74 billion. During the same period last year, the firm earned $1.55 EPS. The firm’s revenue for the quarter 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. On average, equities analysts expect that Dell Technologies Inc. will post 17.74 earnings per share for the current year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a $2.52 dividend on an annualized basis and a yield of 0.7%. Dell Technologies’s dividend payout ratio is currently 20.02%.

Insider Activity at Dell Technologies

In other Dell Technologies news, 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 transaction of $15,814,486.26. Following the transaction, the director owned 43,961 shares of the company’s stock, valued at approximately $19,938,071.94. This represents a 44.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Spv-2 L.P. Sl sold 59,492 shares of the company’s stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $453.54, for a total value of $26,982,001.68. Following the transaction, the director directly owned 89,222 shares in the company, valued at $40,465,745.88. This trade represents a 40.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,434,758 shares of company stock valued at $1,448,870,683 over the last three months. 41.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Dell Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in DELL. Brighton Jones LLC boosted its position in shares of 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 period. Sivia Capital Partners LLC bought a new stake in Dell Technologies in the 2nd quarter valued at approximately $328,000. Marshall Wace LLP acquired a new position in Dell Technologies during the 2nd quarter worth approximately $809,000. Gamco Investors INC. ET AL grew its stake in shares of Dell Technologies by 30.2% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,680 shares of the technology company’s stock worth $819,000 after acquiring an additional 1,550 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in Dell Technologies by 147.2% in 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 in the last quarter. 76.37% of the stock is 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.