Dell Technologies (NYSE:DELL) Shares Down 11.6% Following Insider Selling
by Danessa Lincoln · The Markets DailyDell Technologies Inc. (NYSE:DELL – Get Free Report)’s stock price traded down 11.6% during trading on Wednesday following insider selling activity. The company traded as low as $502.32 and last traded at $506.2090. Approximately 11,617,791 shares were traded during mid-day trading, an increase of 40% from the average daily volume of 8,275,379 shares. The stock had previously closed at $572.47.
Specifically, Director Silver Lake Partners Iv, L.P. sold 48,654 shares of the business’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $582.30, for a total transaction of $28,331,224.20. Following the completion of the transaction, the director owned 38,747 shares in the company, valued at $22,562,378.10. The trade was a 55.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Silver Lake Partners Iv, L.P. sold 1,800 shares of the stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $586.40, for a total transaction of $1,055,520.00. Following the sale, the director directly owned 1,404,569 shares of the company’s stock, valued at $823,639,261.60. The trade was a 0.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In other Dell Technologies news, Director Spv-2 L.P. Sl sold 44,408 shares of the firm’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $582.30, for a total value of $25,858,778.40. Following the completion of the sale, the director directly owned 43,740 shares in the company, valued at $25,469,802. This trade represents a 50.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Analysts Set New Price Targets
DELL has been the topic of several analyst reports. TD Cowen lifted their price target on shares of Dell Technologies from $500.00 to $550.00 and gave the stock a “hold” rating in a report on Tuesday, September 29th. Barclays lowered Dell Technologies from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $603.00 to $574.00 in a report on Wednesday. Fox Advisors raised Dell Technologies from an “equal weight” rating to an “overweight” rating and set a $625.00 price objective for the company in a research report on Wednesday, September 2nd. Royal Bank Of Canada initiated coverage on Dell Technologies in a research note on Thursday, September 10th. They set an “outperform” rating and a $640.00 target price on the stock. Finally, Susquehanna restated a “positive” rating on shares of Dell Technologies in a research note on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $569.96.
Read Our Latest Analysis on Dell Technologies
Key Dell Technologies News
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Dell is participating in Honeywell Technologies’ new Forge Cognition platform alongside NVIDIA. The partnership could expand demand for Dell infrastructure in building-management and industrial AI applications. Honeywell launches Forge Cognition AI platform
- Positive Sentiment: CEO Michael Dell continues to forecast strong AI infrastructure demand and warned that memory constraints could persist until new manufacturing capacity arrives around 2029 or 2030. Prolonged shortages may indicate sustained server demand, although they could also increase costs. Michael Dell warns memory shortage could be a four-year problem
- Neutral Sentiment: Dell and Accenture established a new business group to market private and agentic AI solutions, combining Dell’s infrastructure with Accenture’s consulting and implementation services. The initiative supports Dell’s long-term AI strategy, but its near-term revenue impact remains uncertain. Dell expands its enterprise AI push
- Negative Sentiment: Barclays downgraded DELL to Equal Weight from Overweight and lowered its price target to $574, arguing that the stock’s valuation has risen too far and that there is not yet a meaningful enterprise-AI demand inflection. The downgrade also affected Hewlett Packard Enterprise and NetApp, triggering broader weakness in data-center hardware shares. Dell stock plunges after Barclays downgrade
- Negative Sentiment: Several Silver Lake-affiliated entities disclosed substantial October 9 sales, collectively reducing their holdings by more than 119,000 shares; some positions were cut by roughly 50% or more. The transactions may reinforce profit-taking concerns after Dell’s sharp run-up, though they do not necessarily reflect operating weakness. Dell SEC insider ownership filing
Dell Technologies Stock Performance
The firm has a market cap of $321.85 billion, a price-to-earnings ratio of 29.38, a price-to-earnings-growth ratio of 0.60 and a beta of 1.37. The stock’s 50 day simple moving average is $513.10 and its 200-day simple moving average is $388.45.
Dell Technologies (NYSE:DELL – Get Free Report) last posted its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a net margin of 7.53% and a negative return on equity of 578.85%. The business’s quarterly revenue was up 57.7% on a year-over-year basis. During the same quarter last year, the company posted $1.70 earnings per share. 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. On average, analysts expect that Dell Technologies Inc. will post 25.13 EPS for the current fiscal year.
Dell Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, October 20th. Dell Technologies’s payout ratio is presently 14.63%.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the company. Bank of America Corp DE increased its stake in shares of Dell Technologies by 7.6% in 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 last quarter. Wellington Management Group LLP raised its holdings in shares of Dell Technologies by 140.1% during the 2nd quarter. Wellington Management Group LLP now owns 2,526,987 shares of the technology company’s stock worth $1,090,294,000 after acquiring an additional 1,474,347 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Dell Technologies by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 961,675 shares of the technology company’s stock valued at $157,869,000 after acquiring an additional 27,668 shares during the last quarter. Swiss National Bank boosted its position in shares of Dell Technologies by 4.7% during the 1st quarter. Swiss National Bank now owns 931,008 shares of the technology company’s stock valued at $152,806,000 after acquiring an additional 41,700 shares during the last quarter. Finally, Amundi grew its holdings in shares of Dell Technologies by 5.8% in the first quarter. Amundi now owns 845,709 shares of the technology company’s stock valued at $138,806,000 after purchasing an additional 46,240 shares during the period. 76.37% of the stock is currently owned by hedge funds and other institutional investors.
About Dell Technologies
Dell Technologies Inc (NYSE: DELL) is a global technology company that develops, sells and supports information technology hardware, software and services. Its offerings include personal computers, workstations, monitors, accessories and other client devices, as well as enterprise infrastructure products such as servers, storage systems, networking equipment and data protection solutions.
The company also provides technology consulting, support, managed services and infrastructure solutions designed to help organizations operate data centers, private and hybrid clouds, artificial intelligence workloads and digital workplaces.