Silver Lake, Dell director, sells $24.67m of Dell shares By Investing.com

Silver Lake Partners V DE (AIV), L.P., a director and 10% owner of Dell Technologies Inc. (), along with several of its affiliated entities, reported the sale of 47,695 shares of Class C Common Stock on September 3, 2026. The transactions totaled approximately $24,674,296.

The shares were sold at weighted average prices ranging from $514.07 to $527.7 per share. These sales were part of a series of transactions involving Silver Lake Technology Investors V, L.P., SL SPV-2, L.P., Silver Lake Partners IV, L.P., Silver Lake Technology Investors IV, L.P., and certain of their respective affiliates.The timing of these sales comes as Dell stock trades at $533.88, near its 52-week high of $538.47. The stock has surged 328% year-to-date and 266% over the past six months. According to InvestingPro analysis, Dell currently appears overvalued relative to its Fair Value estimate, which may have influenced the selling decision.

Egon Durban, who serves as a director of Dell Technologies and is Co-CEO and Managing Member of Silver Lake Group, L.L.C. (SLG), is also a reporting person. SLG is the managing member of SLTA V (GP), L.L.C., which is the general partner of Silver Lake Technology Associates V, L.P., the general partner of Silver Lake Partners V DE (AIV), L.P. Mr. Durban directly holds 1,394,128 shares of Class C Common Stock and indirectly beneficially owns 49,630 shares through a trust for family members.

Prior to the sales, certain reporting persons converted shares of Class B Common Stock into an equal number of Class C Common Stock in connection with these transactions. Each Class B Common Stock share is convertible into one Class C Common Stock share at any time and has no expiration date.

Following these reported transactions, Silver Lake Partners V DE (AIV), L.P. indirectly holds 37,799 shares of Class C Common Stock. Other affiliates, including SL SPV-2, L.P. and Silver Lake Partners IV, L.P., also hold Class C Common Stock, as detailed in separate filings.For deeper insights into Dell’s valuation and performance, InvestingPro offers access to over 15 additional ProTips, comprehensive financial health scores, and a detailed Pro Research Report covering Dell and 1,400+ other US equities.

In other recent news, Dell Technologies has seen significant activity from analysts following its financial performance and market position. JPMorgan raised its price target for Dell to $635, citing strong results in the fiscal second quarter of 2027, driven by AI momentum and increased PC demand. The firm also noted that Dell has raised its full-year outlook. Similarly, Bernstein increased its price target to $650, highlighting a 26% year-over-year growth in storage revenue and record profitability due to market share gains and product strength.

TD Cowen adjusted its price target for Dell to $500, pointing to robust AI server demand expected to reach $74 billion by fiscal year 2027. Truist Securities also raised its price target to $505, emphasizing a record $95 billion AI server backlog. KeyBanc, while maintaining a Sector Weight rating, acknowledged Dell’s strong quarterly results but questioned the potential for further growth. These recent developments reflect Dell’s strong performance and strategic positioning in the AI and server markets.

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