Dell Technologies Inc.

New York Stock Exchange
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Slightly Bullish +15

Keybank National Association OH Has $2.07 Million Stock Position in ...

🏦 Keybank National Association OH raised its Dell position by 18.6% in Q1, adding 1,979 shares to a total holding of 12,600 shares valued at $2.07 million.

📈 NewEdge Advisors LLC dramatically increased its stake by 147.2% in Q2, now owning 58,009 shares worth approximately $7.11 million.

📉 Director Spv-2 L.P. sold 175,901 shares for roughly $80.6 million, representing an 82.75% reduction in their direct ownership of the company.

💼 COO Jeffrey W. Clarke executed a sale of 116,000 shares under a pre-arranged Rule 10b5-1 plan, reducing his position by 6.43%.

📊 Corporate insiders have collectively sold over 3.9 million shares valued at $1.4 billion over the past three months.

🎯 Analyst consensus rating is 'Moderate Buy' with an average price target of $490.38, though individual targets vary widely from $170 to $700.

💰 HSBC upgraded Dell to a 'buy' rating while Raymond James Financial downgraded the stock from 'outperform' to 'market perform'.

📅 The company declared a quarterly dividend of $0.63 per share with an ex-dividend date of Tuesday, July 21st.

📈 Dell trades at a P/E ratio of 31.32 with a market cap of $255.54 billion and a beta of 1.31.

🏢 Institutional investors hold a majority stake in the company, owning 76.37% of the total shares outstanding.

Bullish Signals
  • Keybank National Association OH increased its investment in Dell by 18.6% during the first quarter, signaling continued institutional confidence.
  • NewEdge Advisors LLC significantly expanded its position by 147.2% in the second quarter, adding over 34,000 shares to its portfolio.
  • Brighton Jones LLC increased its stake by 42.7% in the fourth quarter, demonstrating growing interest from major capital firms.
  • HSBC upgraded Dell Technologies to a 'buy' rating, contributing to a consensus analyst view of 'Moderate Buy'.
  • The company maintains a strong balance sheet with institutional ownership at 76.37%, providing stability for long-term investors.
Risk Factors
  • Corporate insiders have sold over 3.9 million shares valued at $1.4 billion in the last three months, indicating significant profit-taking or portfolio rebalancing.
  • Director Spv-2 L.P. drastically reduced its direct ownership by 82.75% through a massive sale of nearly 176,000 shares.
  • Raymond James Financial downgraded Dell from 'outperform' to 'market perform', reflecting some caution among analysts.
  • The stock trades at a P/E ratio of 31.32, which is relatively high compared to historical averages for the technology sector.
  • Insider selling activity totaling $1.4 billion over three months may suggest that current valuation levels are perceived as attractive by executives.
Full Analysis
Keybank National Association OH increased its stake in Dell Technologies Inc. (NYSE:DELL) by 18.6% in the first quarter, purchasing an additional 1,979 shares to hold a total position of 12,600 shares valued at approximately $2.07 million according to recent SEC Form 13F filings. Several other institutional investors have adjusted their positions in Dell during the second and fourth quarters, including Brighton Jones LLC increasing its stake by 42.7% and NewEdge Advisors LLC significantly raising its holdings by 147.2%. Collectively, institutional investors own 76.37% of the company's outstanding stock. Analyst sentiment remains mixed with varying price targets ranging from $170 to $700, though the consensus average target stands at $490.38. Recent insider activity includes significant sales by Director Spv-2 L.P. and COO Jeffrey W. Clarke, with corporate insiders collectively selling over 3.9 million shares valued at roughly $1.4 billion in the last three months. Dell Technologies reported a quarterly dividend of $0.63 per share payable on July 31st to shareholders of record on July 21st. The company maintains a market capitalization of $255.54 billion with a P/E ratio of 31.32 and a dividend yield of 0.6%.