Spv-2 L.P. Sl Sells 24,791 Shares of Dell Technologies (NYSE:DELL) Stock

Dell Technologies Inc. (NYSE:DELL) Director Spv-2 L.P. Sl sold 24,791 shares of the company’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $534.05, for a total transaction of $13,239,633.55. Following the transaction, the director owned 46,873 shares of the company’s stock, valued at $25,032,525.65. This trade represents a 34.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Spv-2 L.P. Sl also recently made the following trade(s):

• On Friday, September 11th, Spv-2 L.P. Sl sold 72,148 shares of Dell Technologies stock. The shares were sold at an average price of $558.74, for a total value of $40,311,973.52.
• On Wednesday, September 9th, Spv-2 L.P. Sl sold 48,097 shares of Dell Technologies stock. The stock was sold at an average price of $540.39, for a total value of $25,991,137.83.
• On Tuesday, September 8th, Spv-2 L.P. Sl sold 49,949 shares of Dell Technologies stock. The shares were sold at an average price of $527.07, for a total value of $26,326,619.43.
• On Friday, September 4th, Spv-2 L.P. Sl sold 49,946 shares of Dell Technologies stock. The shares were sold at an average price of $521.34, for a total value of $26,038,847.64.
• On Thursday, September 3rd, Spv-2 L.P. Sl sold 68,525 shares of Dell Technologies stock. The stock was sold at an average price of $507.61, for a total value of $34,783,975.25.
• On Thursday, September 3rd, Spv-2 L.P. Sl sold 83,006 shares of Dell Technologies stock. The shares were sold at an average price of $517.34, for a total value of $42,942,324.04.
• On Thursday, July 9th, Spv-2 L.P. Sl sold 59,492 shares of Dell Technologies stock. The shares were sold at an average price of $453.54, for a total transaction of $26,982,001.68.
• On Wednesday, July 8th, Spv-2 L.P. Sl sold 63,095 shares of Dell Technologies stock. The stock was sold at an average price of $427.15, for a total transaction of $26,951,029.25.
• On Monday, July 6th, Spv-2 L.P. Sl sold 63,204 shares of Dell Technologies stock. The shares were sold at an average price of $410.52, for a total transaction of $25,946,506.08.

Dell Technologies Stock Up 3.6%

Shares of DELL stock traded up $19.80 during trading hours on Wednesday, hitting $563.31. 12,936,590 shares of the company’s stock traded hands, compared to its average volume of 8,418,713. Dell Technologies Inc. has a 12 month low of $110.22 and a 12 month high of $576.75. The stock has a market cap of $365.09 billion, a PE ratio of 32.69, a price-to-earnings-growth ratio of 0.55 and a beta of 1.34. The stock’s 50 day simple moving average is $456.43 and its 200 day simple moving average is $330.78.

Dell Technologies (NYSE:DELL) last announced its earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to analyst estimates of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.Dell Technologies’s revenue for the quarter was up 57.7% compared to the same quarter last year. During the same period last year, the company earned $1.70 EPS. 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, equities research analysts expect that Dell Technologies Inc. will post 25.14 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently announced 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. This represents a $2.52 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, October 20th. Dell Technologies’s dividend payout ratio is currently 14.63%.

Dell Technologies News Roundup

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

• Positive Sentiment: Goldman Sachs raised its outlook for the global server market, forecasting it could reach $1.5 trillion by 2030, driven largely by artificial intelligence infrastructure. The estimate strengthens the long-term market opportunity for Dell’s servers, networking, and storage products. Why Dell Technologies stock is gaining
• Positive Sentiment: Investors continue to highlight Dell’s substantial AI-server backlog and Nvidia-related infrastructure demand. Dell recently reported record AI-optimized server revenue of $16.4 billion and raised its full-year AI-server revenue target to $74 billion, supporting expectations for future growth. Dell’s AI server backlog
• Positive Sentiment: Dell’s recent quarterly results remain a key fundamental catalyst: revenue rose 57.7% year over year to approximately $47 billion, while earnings exceeded consensus estimates. Management has also emphasized accelerating infrastructure demand and potentially tight supply conditions into next year.
• Positive Sentiment: Axelera AI is collaborating with Dell on the Europa AI Processing Unit architecture, adding another inference-computing option for Dell data-center customers and supporting the company’s broader AI hardware ecosystem. Dell and Axelera AI collaboration
• Positive Sentiment: Dell is scheduled to join the S&P 100 before the market opens on September 21. The addition could generate incremental buying from index-tracking funds. Bullish analyst views, including RBC’s $640 price target, have added to investor confidence.
• Neutral Sentiment: Dell completed a $5 billion senior-notes offering. The proceeds should provide liquidity and help refinance debt, though the financing highlights the capital requirements associated with expanding AI infrastructure. Dell senior-notes offering
• Negative Sentiment: Silver Lake-affiliated entities and Dell directors have disclosed sizable stock sales after the sharp rally. The transactions create a potential supply overhang and may encourage profit-taking, even though some affiliated holders retain significant positions.
• Negative Sentiment: At the current valuation, investors are pricing in substantial AI-driven growth. Any slowdown in customer capital spending, easing supply constraints, or failure to convert the backlog into revenue could increase volatility.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company lifted their target price on shares of Dell Technologies from $505.00 to $545.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th. Bank of America lifted their target price on Dell Technologies from $505.00 to $600.00 and gave the stock a “buy” rating in a report on Monday, August 31st. Piper Sandler reaffirmed an “overweight” rating and set a $558.00 price objective (up from $497.00) on shares of Dell Technologies in a research report on Wednesday, September 2nd. Citigroup increased their target price on shares of Dell Technologies from $515.00 to $600.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Finally, Jefferies Financial Group lowered shares of Dell Technologies to a “hold” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $560.24.

Institutional Investors Weigh In On Dell Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. Revere Asset Management Inc acquired a new position in Dell Technologies during the 2nd quarter valued at about $5,524,000. Sequoia Financial Advisors LLC grew its stake in shares of Dell Technologies by 4.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 50,146 shares of the technology company’s stock worth $21,636,000 after acquiring an additional 2,176 shares in the last quarter. MCF Advisors LLC raised its holdings in shares of Dell Technologies by 4.4% in the second quarter. MCF Advisors LLC now owns 2,377 shares of the technology company’s stock valued at $1,026,000 after purchasing an additional 100 shares during the last quarter. Archford Capital Strategies LLC bought a new stake in Dell Technologies in the 2nd quarter worth about $1,214,000. Finally, Gemmer Asset Management LLC bought a new position in shares of Dell Technologies in the second quarter valued at approximately $274,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

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.