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US Bancorp DE Buys 65,503 Shares of Dell Technologies Inc. $DELL
US Bancorp DE significantly increased its stake in Dell Technologies by 174.7%, purchasing 65,503 additional shares to hold a total of 103,000 shares valued at approximately $12.97 million. This move follows Dell’s strong financial performance, with EPS and revenue beating expectations, driven by demand in AI servers. Analysts have responded by raising price targets for Dell, although insider selling has totaled around $576.7 million in the last 90 days.