Dell Technologies (NYSE:DELL) Shares Acquired Sen. Markwayne Mullin

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of Dell Technologies Inc. (NYSE:DELL). In a filing disclosed on February 27th, the Senator disclosed that they had bought between $1,001 and $15,000 in Dell Technologies stock on February 3rd.

Senator Markwayne Mullin also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/13/2025.
• Sold $15,001 – $50,000 in shares of Honeywell International (NASDAQ:HON) on 2/13/2025.
• Purchased $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 2/13/2025.
• Sold $15,001 – $50,000 in shares of Brick (TSE:BRK) on 2/13/2025.
• Sold $100,001 – $250,000 in shares of Vanguard Materials ETF (NYSEARCA:VAW) on 2/13/2025.
• Purchased $50,001 – $100,000 in shares of Microsoft (NASDAQ:MSFT) on 2/13/2025.
• Sold $15,001 – $50,000 in shares of Constellation Brands (NYSE:STZ) on 2/13/2025.
• Purchased $50,001 – $100,000 in shares of LPL Financial (NASDAQ:LPLA) on 2/13/2025.
• Purchased $15,001 – $50,000 in shares of TJX Companies (NYSE:TJX) on 2/13/2025.
• Sold $50,001 – $100,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 2/13/2025.

Dell Technologies Trading Down 6.9 %

DELL stock opened at $107.63 on Friday. The stock has a 50-day moving average price of $112.83 and a two-hundred day moving average price of $118.12. Dell Technologies Inc. has a 1 year low of $86.93 and a 1 year high of $179.70. The stock has a market cap of $75.39 billion, a PE ratio of 19.02, a price-to-earnings-growth ratio of 1.10 and a beta of 0.90.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings data on Tuesday, November 26th. The technology company reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.32. Dell Technologies had a negative return on equity of 191.91% and a net margin of 4.36%. The business had revenue of $24.37 billion during the quarter, compared to the consensus estimate of $24.67 billion. During the same period last year, the company earned $1.62 earnings per share. Dell Technologies’s quarterly revenue was up 9.5% on a year-over-year basis. On average, analysts forecast that Dell Technologies Inc. will post 6.93 earnings per share for the current fiscal year.

Dell Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were given a $0.445 dividend. The ex-dividend date was Wednesday, January 22nd. This represents a $1.78 annualized dividend and a yield of 1.65%. Dell Technologies’s dividend payout ratio is currently 31.45%.

Analysts Set New Price Targets

DELL has been the topic of a number of recent research reports. Mizuho lowered their price objective on shares of Dell Technologies from $155.00 to $150.00 and set an “outperform” rating on the stock in a report on Wednesday, November 27th. Evercore ISI reiterated an “outperform” rating and issued a $150.00 price target on shares of Dell Technologies in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Dell Technologies from $144.00 to $142.00 and set a “buy” rating for the company in a research note on Monday, December 2nd. Citigroup lowered their target price on Dell Technologies from $156.00 to $145.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Finally, OTR Global raised Dell Technologies from a “negative” rating to a “positive” rating in a research report on Wednesday, February 12th. Three equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $145.00.

Institutional Trading of Dell Technologies

A number of hedge funds have recently modified their holdings of DELL. Brucke Financial Inc. bought a new position in Dell Technologies in the 4th quarter valued at about $264,000. Virtue Capital Management LLC acquired a new position in shares of Dell Technologies in the fourth quarter valued at approximately $413,000. Heck Capital Advisors LLC acquired a new stake in Dell Technologies during the 4th quarter worth approximately $624,000. B. Riley Wealth Advisors Inc. boosted its stake in Dell Technologies by 1.6% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 22,422 shares of the technology company’s stock valued at $2,584,000 after purchasing an additional 344 shares during the period. Finally, Armis Advisers LLC acquired a new position in Dell Technologies in the 4th quarter valued at $258,000. Institutional investors and hedge funds own 76.37% of the company’s stock.

Insiders Place Their Bets

In other Dell Technologies news, CFO Yvonne Mcgill sold 8,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $125.82, for a total transaction of $1,006,560.00. Following the transaction, the chief financial officer now owns 228,419 shares in the company, valued at $28,739,678.58. This trade represents a 3.38 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director V (Gp) L.L.C. Slta sold 103,745 shares of the company’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $125.28, for a total value of $12,997,173.60. Following the sale, the director now owns 777,347 shares of the company’s stock, valued at approximately $97,386,032.16. The trade was a 11.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 937,407 shares of company stock worth $114,418,186 in the last 90 days. Company insiders own 46.70% of the company’s stock.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

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).