Insider Trading June 11, 2026 05:47 PM

Dell Technologies Insider Activity: Silver Lake Affiliates and Egon Durban Execute Stock Sales

Analysis of recent equity divestments by Dell director Egon Durban and affiliated Silver Lake entities against backdrop of strong Q1 fiscal 2027 earnings and analyst upgrades.

By Derek Hwang
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Silver Lake Technology Investors V, L.P., an investment vehicle linked to Dell Technologies director Egon Durban, executed a sale of Class C Common Stock valued at $15,783 on June 9, 2026. The transaction occurred amid a recent 7.25% decline in Dell's share price over the preceding week, despite the stock maintaining a substantial 257% gain over the past year. This insider activity coincides with a period of robust financial performance for Dell, which reported first-quarter fiscal 2027 revenue of $43.8 billion, an 88% year-over-year increase. The sale follows the conversion of Class B Common Stock into Class C shares and the initiation of in-kind distributions. Subsequent to these transactions, Silver Lake Technology Investors V, L.P. holds zero shares of Class C Common Stock, while other affiliated entities and Mr. Durban retain significant holdings. Analysts from Goldman Sachs, Bernstein SocGen Group, and Truist Securities have raised their price targets for Dell, citing strong demand for AI servers and tight supply conditions.

Dell Technologies Insider Activity: Silver Lake Affiliates and Egon Durban Execute Stock Sales
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Key Points

  • Silver Lake Technology Investors V, L.P., linked to Dell director Egon Durban, sold $15,783 in Class C Common Stock on June 9, 2026, after converting Class B shares and receiving in-kind distributions.
  • Dell Technologies reported first-quarter fiscal 2027 revenue of $43.8 billion, an 88% year-over-year increase, with earnings per share of $4.86, exceeding $3 expectations.
  • Goldman Sachs, Bernstein SocGen Group, and Truist Securities raised their price targets for Dell to $500, $500, and $360 respectively, citing strong AI server demand and tight supply conditions.

Insider transaction monitoring reveals that Silver Lake Technology Investors V, L.P., an investment entity associated with Dell Technologies (DELL) director Egon Durban, sold Class C Common Stock in Dell Technologies totaling $15,783 on June 9, 2026. The disposition of shares occurred at prices ranging from $403.51 to $406.3 per share. This timing is noteworthy given that Dell’s stock has declined 7.25% over the past week, though shares remain up 257% over the past year. According to InvestingPro analysis, Dell currently appears overvalued relative to its Fair Value estimate.

The transactions were reported by several affiliated entities, including Silver Lake Technology Investors V, L.P., Silver Lake Technology Associates V, L.P., SLTA V (GP), L.L.C., Silver Lake Group, L.L.C., and Mr. Durban. Silver Lake Group, L.L.C. 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 Technology Investors V, L.P. Mr. Durban serves as a Co-CEO and Managing Member of Silver Lake Group, L.L.C. and is a director of Dell Technologies. The reporting persons may be deemed directors of Dell Technologies by deputization.

The sales of Class C Common Stock followed conversions of Class B Common Stock into an equal number of Class C Common Stock shares. The reporting persons also initiated in-kind distributions of Class C Common Stock on the same date. The receipt of shares by the reporting persons in connection with these distributions was exempt from reporting.

Following these specific sales, Silver Lake Technology Investors V, L.P. holds 0 shares of Class C Common Stock. Other reporting persons, including Silver Lake Group, L.L.C., continue to hold shares. Silver Lake Group, L.L.C. indirectly holds 9,359 shares, while Mr. Durban directly holds 1,317,963 shares. Additional holdings are reported for entities in which Mr. Durban has an indirect pecuniary interest, a trust for family members, and other Silver Lake affiliates on behalf of individuals, with certain shares received through distributions being exempt from reporting.

Dell trades at a market capitalization of $253 billion with a P/E ratio of 30.86. For deeper insights into Dell’s valuation and performance, InvestingPro offers comprehensive Pro Research Reports covering over 1,400 US equities, transforming complex data into actionable intelligence.

Dell Tech Follow Analyze DELL Included in our AI-picked strategies Review strategies 391.45 ▲ +21.62 (+5.85%) Closed · 15:59:59 · USD 393.50 ▲ +2.05 (+0.52%) After Hours · 18:13:20 1D 1W 1M 6M 1Y 5Y Max Created with Highcharts 11.4.8 14:00 15:00 16:00 17:00 18:00 19:00 360 370 380 390 Analyze DELL

In other recent news, Dell Technologies reported impressive first-quarter fiscal 2027 results, with total revenue reaching $43.8 billion, marking an 88% increase year-over-year. The company’s earnings per share were $4.86, surpassing expectations that were in the $3 range. Following these results, Goldman Sachs raised its price target for Dell to $500 from $230, maintaining a Buy rating, while Bernstein SocGen Group also increased its target to $500 from $280, citing strong demand for AI servers. Truist Securities adjusted its price target for Dell to $360 from $170, highlighting continued strong demand and tight supply conditions.

In other developments, IBM’s 1.95% bond maturing in May 2030 yielded 46.5 basis points above Treasuries, trading tighter compared to its tech sector peers. Meanwhile, MSD Investment Corp. successfully sold $300 million in investment-grade bonds to refinance debt, with the yield set at 2.4 percentage points above Treasuries. These recent developments reflect significant activity in both equity and bond markets for these companies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Is DELL a bargain right now? The fastest way to find out is with our Fair Value calculator. We use a mix of 17 proven industry valuation models for maximum accuracy. Get the bottom line for DELL plus thousands of other stocks and find your next hidden gem with massive upside. See Undervalued Stocks

Risks

  • Dell appears overvalued relative to its Fair Value estimate according to InvestingPro analysis, suggesting potential valuation risk.
  • Recent insider selling by entities affiliated with director Egon Durban may signal internal perspectives on valuation or liquidity needs, though the article notes shares remain up 257% over the past year.
  • The article mentions IBM's bond yield and MSD Investment Corp's bond sale, indicating broader market volatility and interest rate sensitivity affecting tech sector peers and corporate financing costs.

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