Silver Lake Partners sells $14.9 million of Dell Technologies stock

Dell Technologies Inc. reported the sale of $14.9 million worth of Class C Common Stock on September 15, 2026. The deal involved the sale of 27,910 shares, priced between $542.78 and $564.46 each. Silver Lake Partners V DE (AIV), L.P., a 10% owner and director of Dell, facilitated this transaction along with affiliated entities.

Subsequently, the company acquired 38,740 additional shares via the conversion of Class B Common Stock. Currently trading at $588.58, near its 52-week peak of $593.98, Dell's shares have surged 286% over the past six months. Despite this, InvestingPro analysis suggests the stock is overvalued relative to its Fair Value. Silver Lake Partners V DE (AIV), L.P., part of the Silver Lake Group, L.L.C., now indirectly owns 52,538 shares of Class C Common Stock.

Dell also recently completed a $5 billion senior unsecured notes offering, with four tranches due between 2029 and 2037. Industry analysts have shown confidence in Dell's prospects, with JPMorgan raising its price target to $635 and Truist Securities setting a high of $505, citing strong demand for AI servers and other technological advancements.