Dell Technologies (NYSE:DELL) Director Sells $9,806,520.00 in Stock

Dell Technologies Inc. (NYSE:DELL) Director Egon Durban sold 71,000 shares of Dell Technologies stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $138.12, for a total value of $9,806,520.00. Following the completion of the transaction, the director owned 1,172,428 shares in the company, valued at $161,935,755.36. This represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Dell Technologies Price Performance

Shares of DELL stock opened at $129.82 on Friday. The stock’s 50-day moving average is $143.49 and its 200 day moving average is $132.41. Dell Technologies Inc. has a 1-year low of $66.25 and a 1-year high of $168.08. The company has a market cap of $87.28 billion, a P/E ratio of 17.31, a PEG ratio of 0.87 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, November 25th. The technology company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The business had revenue of $27.01 billion during the quarter, compared to analyst estimates of $27.26 billion. During the same period in the prior year, the firm posted $2.15 earnings per share. The company’s quarterly revenue was up 10.8% on a year-over-year basis. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. On average, analysts anticipate that Dell Technologies Inc. will post 6.93 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Tuesday, January 20th will be paid a dividend of $0.525 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. Dell Technologies’s dividend payout ratio (DPR) is presently 28.00%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of DELL. William Allan Corp lifted its stake in shares of Dell Technologies by 47.6% during the second quarter. William Allan Corp now owns 25,901 shares of the technology company’s stock valued at $3,175,000 after acquiring an additional 8,355 shares during the period. Modera Wealth Management LLC bought a new stake in Dell Technologies during the 2nd quarter worth about $241,000. WASHINGTON TRUST Co boosted its stake in shares of Dell Technologies by 11,037.8% in the 2nd quarter. WASHINGTON TRUST Co now owns 88,100 shares of the technology company’s stock valued at $10,801,000 after purchasing an additional 87,309 shares during the last quarter. Symphony Financial Services Inc. acquired a new stake in shares of Dell Technologies during the 2nd quarter worth approximately $275,000. Finally, First Hawaiian Bank raised its stake in shares of Dell Technologies by 67.1% during the first quarter. First Hawaiian Bank now owns 34,878 shares of the technology company’s stock worth $3,179,000 after buying an additional 14,010 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on DELL shares. Argus boosted their target price on shares of Dell Technologies from $150.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Fox Advisors downgraded shares of Dell Technologies from an “overweight” rating to an “equal weight” rating in a research report on Friday, August 29th. Citic Securities raised their target price on Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, November 28th. TD Cowen upped their price target on Dell Technologies from $130.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, October 8th. Finally, Piper Sandler reissued an “overweight” rating on shares of Dell Technologies in a report on Wednesday, November 26th. Sixteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $162.84.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).