Gold prices bounce off 3-week lows; demand likely longer term
Lynn Vojvodich Radakovich, a director at Dell Technologies Inc (DELL:DELL), sold 2,900 shares of Class C Common Stock on June 24, 2025, at a price of $120.0, totaling $348,000. The transaction comes as Dell, now valued at $85.75 billion, trades near $126 per share. According to InvestingPro analysis, technical indicators suggest the stock is currently overbought.
On the same day, Vojvodich also exercised options to acquire 2,900 shares of Dell Technologies Class C Common Stock at an exercise price of $31.14, amounting to $90,306. These transactions were executed under a pre-arranged Rule 10b5-1 trading plan established on July 15, 2024. The stock currently trades at a P/E ratio of 19.47, which InvestingPro analysis indicates is attractive relative to near-term earnings growth potential. Discover 12 more exclusive insights about Dell Technologies with an InvestingPro subscription.
In other recent news, Dell Technologies Inc. (NYSE:DELL) reported significant developments in its business activities. The company announced a robust inflow of AI server orders totaling over $12 billion in the first quarter, with expectations to ship approximately $7 billion worth of AI servers in the upcoming quarter. Despite this strong order volume, Dell’s first-quarter performance fell short of expectations for AI server revenue and gross margin, prompting UBS to adjust its price target to $145, while maintaining a Buy rating. Additionally, TD Cowen raised Dell’s price target to $125, citing strong Commercial PC sales and disciplined cost management as positive factors. Aletheia Capital reiterated a Buy rating with a $150 target, reflecting confidence in Dell’s market potential. Meanwhile, KeyBanc initiated coverage on Dell with a Sector Weight rating, acknowledging its strong financial profile but expressing concerns over gross margin pressures. The company also faces scrutiny from the U.S. government, as the General Services Administration urged Dell to justify its federal contracts and find cost-cutting measures. These recent developments highlight the dynamic landscape Dell is navigating, with both opportunities and challenges impacting its business trajectory.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.