Dell slides as UBS downgrade raises valuation concerns after sharp AI-driven run-up

Dell Technologies (DELL) is down 6.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears largely tied to an analyst downgrade that flagged valuation concerns after Dell’s strong multi-month rally. With the stock coming off recent AI-infrastructure optimism, the move also looks consistent with near-term profit-taking following a rapid run-up.

Details:

Sources:

Investing.com, TotalEnergies (Newsroom), Stock Analysis

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$DELL Insider Trading Activity

$DELL insiders have traded $DELL stock on the open market 348 times in the past 6 months. Of those trades, 0 have been purchases and 348 have been sales.

Here’s a breakdown of recent trading of $DELL stock by insiders over the last 6 months:

• IV (GP), L.L.C. SLTA has made 0 purchases and 168 sales selling 3,102,508 shares for an estimated $500,440,405.
• V (GP), L.L.C. SLTA has made 0 purchases and 168 sales selling 3,102,508 shares for an estimated $500,440,405.
• WILLIAM F SCANNELL (Chief Customer Officer) sold 143,067 shares for an estimated $23,606,055
• ELLEN JAMISON KULLMAN has made 0 purchases and 4 sales selling 150,346 shares for an estimated $21,820,312.
• JEFFREY W CLARKE (COO & Vice Chairman) sold 116,000 shares for an estimated $21,167,680
• EGON DURBAN sold 71,000 shares for an estimated $9,806,520
• JANE TUNNELL (Chief Marketing Officer) sold 28,529 shares for an estimated $4,350,957
• DAVID ALAN KENNEDY (Chief Financial Officer) sold 19,500 shares for an estimated $3,559,335
• JENNIFER D. SAAVEDRA (Chief Human Resources Officer) sold 10,200 shares for an estimated $1,479,000
• RICHARD TROY SHARP (Chief Accounting Officer) has made 0 purchases and 2 sales selling 1,538 shares for an estimated $229,565.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$DELL Hedge Fund Activity

We have seen 818 institutional investors add shares of $DELL stock to their portfolio, and 690 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• BANK OF AMERICA CORP /DE/ added 8,478,347 shares (+172.8%) to their portfolio in Q4 2025, for an estimated $1,067,254,320
• UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 6,903,879 shares (-72.6%) from their portfolio in Q4 2025, for an estimated $869,060,288
• FIL LTD removed 3,306,718 shares (-98.5%) from their portfolio in Q4 2025, for an estimated $416,249,661
• INVESCO LTD. added 2,445,854 shares (+50.4%) to their portfolio in Q4 2025, for an estimated $307,884,101
• DEUTSCHE BANK AG\ removed 2,342,181 shares (-42.5%) from their portfolio in Q1 2026, for an estimated $384,422,167
• MICHAEL & SUSAN DELL FOUNDATION added 2,258,797 shares (+533.3%) to their portfolio in Q4 2025, for an estimated $284,337,366
• JPMORGAN CHASE & CO removed 2,223,692 shares (-51.2%) from their portfolio in Q4 2025, for an estimated $279,918,348

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$DELL Congressional Stock Trading

Members of Congress have traded $DELL stock 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $DELL stock by members of Congress over the last 6 months:

• SENATOR MARKWAYNE MULLIN has traded it 3 times. They made 0 purchases and 3 sales worth up to $150,000 on 02/04, 12/18.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$DELL Analyst Ratings

Wall Street analysts have issued reports on $DELL in the last several months. We have seen 5 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

• Morgan Stanley issued a "Underweight" rating on 01/20/2026
• Citigroup issued a "Buy" rating on 01/20/2026
• Barclays issued a "Overweight" rating on 01/15/2026
• B of A Securities issued a "Buy" rating on 11/26/2025
• Mizuho issued a "Outperform" rating on 11/26/2025
• JP Morgan issued a "Overweight" rating on 11/17/2025

To track analyst ratings and price targets for $DELL, check out Quiver Quantitative's $DELL forecast page.

$DELL Price Targets

Multiple analysts have issued price targets for $DELL recently. We have seen 12 analysts offer price targets for $DELL in the last 6 months, with a median target of $188.5.

Here are some recent targets:

• David Vogt from UBS set a target price of $243.0 on 05/11/2026
• Vijay Rakesh from Mizuho set a target price of $260.0 on 05/06/2026
• Asiya Merchant from Citigroup set a target price of $235.0 on 04/21/2026
• Katherine Murphy from Goldman Sachs set a target price of $215.0 on 04/16/2026
• Samik Chatterjee from JP Morgan set a target price of $205.0 on 04/16/2026
• Matthew Niknam from Truist Securities set a target price of $170.0 on 03/31/2026
• Amit Daryanani from Evercore ISI Group set a target price of $205.0 on 03/26/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.