Entities affiliated with the investment firm Silver Lake, including Silver Lake Technology Investors V, L.P., have executed a sale of 546 shares of Dell Technologies Inc. (NASDAQ:DELL) Class C Common Stock on June 11, 2026. The transaction, valued at approximately $207,983, followed the conversion of an equivalent number of Class B shares into Class C shares. While this specific entity now holds zero Class C shares, other Silver Lake affiliates and director Egon Durban maintain substantial positions in the technology company.
Summarize with
Key Points
- Silver Lake Technology Investors V, L.P. sold 546 shares of Dell Technologies Class C Common Stock for approximately $207,983 on June 11, 2026, following the conversion of equivalent Class B shares.
- Other Silver Lake affiliates and director Egon Durban retain significant holdings, with Durban directly holding over 1.3 million Class C shares and Silver Lake Group indirectly holding 9,359 shares.
- Dell Technologies is navigating a period of significant price appreciation, with stock surging 279% over the past year, while also securing a $1.4 billion U.S. Air Force contract and issuing $3 billion in senior notes.
Menlo Park, CA – Investment vehicles connected to Silver Lake have reduced their direct holdings in Dell Technologies Inc. (NASDAQ:DELL). According to regulatory filings, Silver Lake Technology Investors V, L.P. sold 546 shares of the company's Class C Common Stock on June 11, 2026. The total value of these sales was recorded at approximately $207,983. These transactions were executed at prices ranging from $370.40 to $390.92 per share. The sales occurred immediately after the conversion of 546 Class B Common Stock shares into Class C Common Stock shares. Each Class B share is convertible into one Class C share at the holder's election and carries no expiration date.
The timing of these sales coincides with a period of significant price appreciation for Dell Technologies. Data from InvestingPro indicates that the stock has surged 279% over the past year and 216% in the last six months alone. At the time of the transactions, the stock was trading at $409, reflecting further appreciation since the sales were executed. The filing indicates that these sales were part of a broader series of transactions by Silver Lake-affiliated entities.
Egon Durban, a director of Dell Technologies and Co-CEO and Managing Member of Silver Lake Group, L.L.C., is associated with the reporting entities involved in these transactions. Following the specific sales reported, Silver Lake Technology Investors V, L.P. holds zero shares of Class C Common Stock. However, other affiliated reporting persons continue to hold significant stakes in the company. Silver Lake Group, L.L.C. indirectly holds 9,359 shares of Class C Common Stock. Mr. Durban directly holds 1,317,963 shares of Class C Common Stock and indirectly holds 4,845 shares through other entities. Additionally, Mr. Durban holds 47,234 shares through a trust for family members. Other Silver Lake affiliates hold millions of Class B Common Stock shares, which are convertible into Class C Common Stock, with further transactions and holdings reported in separate filings.
InvestingPro analysis suggests that Dell is currently overvalued relative to its Fair Value estimate. For investors tracking insider activity and valuation metrics, Dell is one of 1,400+ US equities covered by comprehensive Pro Research Reports. These reports transform complex Wall Street data into clear, actionable intelligence. Dell TechFollowAnalyze DELLIncluded in our AI-picked strategies·Review strategies409.07▲+13.50(+3.41%)Closed·15:59:59·USD410.00▲+0.93(+0.23%)After Hours·18:30:471D1W1M6M1Y5YMaxCreated with Highcharts 11.4.814:0015:0016:0017:0018:0019:00390400410Analyze DELLIn other recent news, Dell Federal Systems has secured a substantial $1.4 billion contract with the U.S. Air Force to provide Microsoft enterprise software licenses and services. This contract is part of a blanket purchase agreement for renewing the Microsoft Enterprise License Agreement. Additionally, Dell Technologies announced a $3 billion senior notes offering across three maturities. The offering includes $1 billion of 4.750% Senior Notes due 2031, $750 million of 5.000% Senior Notes due 2034, and $1.25 billion of 5.250% Senior Notes due 2037.
In the bond market, Dell International bonds have been trading tighter compared to their tech sector peers, according to a Bloomberg Z-score analysis. Truist Securities has raised its price target for Dell Technologies stock to $360 from $170, maintaining a Hold rating. The firm cites strong demand for AI servers as a key factor in its analysis. These developments highlight the ongoing financial activities and market perceptions surrounding Dell Technologies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.Should you invest $2,000 in DELL right now?ProPicks AI evaluates DELL alongside thousands of other companies every month using 100+ financial metrics. Using powerful AI to generate exciting stock ideas, it looks beyond popularity to assess fundamentals, momentum, and valuation. The AI has no bias—it simply identifies which stocks offer the best risk-reward based on current data with notable past winners that include Super Micro Computer (+185%) and AppLovin (+157%). Want to know if DELL is currently featured in any ProPicks AI strategies, or if there are better opportunities in the same space?Flash Sale - Price Goes Up Soon
Risks
- InvestingPro analysis indicates that Dell is currently overvalued relative to its Fair Value estimate, suggesting potential valuation risks for investors.
- Truist Securities has raised its price target to $360 but maintains a Hold rating, indicating cautious market sentiment despite strong demand for AI servers.
- The company's financial activities include a $3 billion senior notes offering, which may impact its capital structure and debt obligations.