Dell Technologies (NYSE:DELL) Stock Unloaded Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently sold shares of Dell Technologies Inc. (NYSE:DELL). In a filing disclosed on February 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Dell Technologies stock on January 28th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of ALLETE (NYSE:ALE) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 1/27/2025.
• Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 1/24/2025.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 1/24/2025.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 1/24/2025.
• Sold $1,001 – $15,000 in shares of Morgan Stanley (NYSE:MS) on 1/24/2025.
• Purchased $1,001 – $15,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 1/17/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NYSE:WMT) on 1/17/2025.

Dell Technologies Price Performance

Shares of Dell Technologies stock opened at $114.28 on Friday. The stock has a market cap of $80.05 billion, a price-to-earnings ratio of 20.19, a PEG ratio of 0.91 and a beta of 0.90. The firm’s 50-day moving average is $113.36 and its 200 day moving average is $117.10. Dell Technologies Inc. has a 1 year low of $80.49 and a 1 year high of $179.70.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.32. The firm had revenue of $24.37 billion for the quarter, compared to the consensus estimate of $24.67 billion. Dell Technologies had a net margin of 4.36% and a negative return on equity of 191.91%. The business’s revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.62 earnings per share. On average, equities analysts expect that Dell Technologies Inc. will post 6.92 EPS for the current fiscal year.

Dell Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend was Wednesday, January 22nd. Dell Technologies’s payout ratio is 31.45%.

Institutional Investors Weigh In On Dell Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bellwether Advisors LLC bought a new stake in Dell Technologies during the 4th quarter valued at approximately $25,000. Vision Financial Markets LLC bought a new stake in shares of Dell Technologies during the fourth quarter valued at approximately $26,000. Lee Danner & Bass Inc. bought a new stake in shares of Dell Technologies during the fourth quarter valued at approximately $26,000. Byrne Asset Management LLC bought a new stake in Dell Technologies in the 4th quarter valued at $28,000. Finally, True Wealth Design LLC increased its holdings in Dell Technologies by 2,530.0% in the 3rd quarter. True Wealth Design LLC now owns 263 shares of the technology company’s stock valued at $31,000 after acquiring an additional 253 shares during the last quarter. 76.37% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Morgan Stanley lowered their price target on Dell Technologies from $154.00 to $128.00 and set an “overweight” rating on the stock in a report on Thursday. JPMorgan Chase & Co. lowered their target price on shares of Dell Technologies from $160.00 to $150.00 and set an “overweight” rating on the stock in a research note on Tuesday. Wells Fargo & Company increased their price objective on shares of Dell Technologies from $140.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating on the stock in a research report on Monday, December 2nd. Finally, Mizuho lowered their price target on Dell Technologies from $155.00 to $150.00 and set an “outperform” rating on the stock in a report on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $145.94.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director Iv (Gp) L.L.C. Slta sold 499,045 shares of Dell Technologies stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $119.73, for a total value of $59,750,657.85. Following the sale, the director now owns 810,657 shares of the company’s stock, valued at $97,059,962.61. The trade was a 38.10 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Radakovich Lynn Vojvodich sold 725 shares of the business’s stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of $120.00, for a total transaction of $87,000.00. Following the completion of the sale, the director now owns 23,680 shares in the company, valued at $2,841,600. This represents a 2.97 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 945,407 shares of company stock worth $115,564,106. Insiders own 46.70% of the company’s stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Dell Technologies

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).