Silver Lake fund sells $582,093 of Dell Technologies stock

SL SPV-2, L.P. and affiliated entities sold 42,478 shares of Dell Technologies Class C Common Stock on September 15, 2026, for roughly $25.9 million. The shares fluctuated between $542.23 and $565.00 each before Dell’s stock price rose to $588.58, reflecting a 357% gain over the past year. However, analysts deem the stock overvalued, rating it among the most overvalued securities monitored.

Prior to the sale, certain reporting persons exchanged 69,718 Class B Common Shares for an equivalent amount of Class C shares, which SL SPV-2, L.P. subsequently owned indirectly. Other beneficial ownership includes 3,215 Class C shares held by Silver Lake Group, L.L.C., and 1,862 shares by entities connected to Egon Durban, a Dell executive.

Following the transactions, specific affiliates hold significant Class B and C shares. Despite the insider sale, a majority of analysts have increased their earnings forecasts for Dell. Dell Technologies recently raised $5 billion through the issuance of senior notes.