MENLO PARK, CA – Affiliates of Silver Lake, including entities linked to Dell Technologies Inc. (NASDAQ:DELL) director Egon Durban, reported the sale of Dell Technologies Class C Common Stock totaling approximately $27.26 million on June 10, 2026. The transactions involved shares sold at prices ranging from $371.39 to $390.02 per share.
The sales were primarily executed by Silver Lake Partners IV, L.P., which disposed of 77,294 shares of Class C Common Stock. Prior to these sales, 156,177 shares of Class B Common Stock were converted into an equal number of Class C Common Stock shares by certain reporting persons. Each share of Class B Common Stock is convertible into one share of Class C Common Stock at any time and has no expiration date.
The timing of these sales comes as Dell’s stock currently trades at $395.57, representing a remarkable 267% return over the past year. The shares have surged 207% in the last six months alone, though according to InvestingPro analysis, the stock appears overvalued at current levels relative to its Fair Value. Dell is featured on InvestingPro’s Most Overvalued stocks list.
The reporting entities for these transactions include Silver Lake Group, L.L.C., Silver Lake Partners IV, L.P., SLTA IV (GP), L.L.C., Silver Lake Technology Associates IV, L.P., and Egon Durban. Silver Lake Partners IV, L.P. directly holds the securities involved in these reported sales. Silver Lake Technology Associates IV, L.P. serves as the general partner for Silver Lake Partners IV, L.P., and SLTA IV (GP), L.L.C. is the general partner for Silver Lake Technology Associates IV, L.P. Silver Lake Group, L.L.C. is the managing member of SLTA IV (GP), L.L.C.
Dell TechFollowAnalyze DELLIncluded in our AI-picked strategies·Review strategies395.57▲+4.12(+1.05%)Closed·15:59:59·USD399.00▲+3.43(+0.87%)After Hours·19:59:531D1W1M6M1Y5YMaxCreated with Highcharts 11.4.814:0015:0016:0017:0018:0019:00380390400Analyze DELLEgon Durban, who is a director of Dell Technologies, also holds positions as Co-CEO and Managing Member of Silver Lake Group, L.L.C. He, along with the other reporting persons, may be deemed a director by deputization of Dell Technologies.
Following these transactions, Silver Lake Partners IV, L.P. holds 84,538 shares of Class C Common Stock. Other indirect holdings of Class C Common Stock include 9,359 shares held by Silver Lake Group, L.L.C., 4,845 shares held by entities where Mr. Durban may have an indirect pecuniary interest, 164,214 shares held by various entities on behalf of certain employees and managing members of Silver Lake Group, L.L.C. or its affiliates, and 47,234 shares beneficially owned indirectly by Mr. Durban through a family trust. Mr. Durban also directly holds 1,317,963 shares of Class C Common Stock.
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The reporting persons also collectively hold a significant amount of Class B Common Stock, with 17,617,582 shares held through Silver Lake Partners IV, L.P. and a total of 27,074,409 shares held by various Silver Lake entities.
In other recent news, Dell Technologies reported impressive first-quarter fiscal 2027 results, surpassing expectations across all metrics. The company achieved total revenue of $43.8 billion, marking an 88% increase compared to the previous year, while earnings per share reached $4.86, significantly exceeding the anticipated $3 range. In addition to its earnings performance, Dell announced a $3 billion senior notes offering across three maturities, with the notes due in 2031, 2034, and 2037, priced at varying rates. Analyst firms have responded positively to Dell’s strong performance and market potential. Bernstein SocGen Group raised its price target on Dell to $500 from $280, maintaining an Outperform rating, citing robust demand for AI servers. Similarly, Truist Securities increased its price target to $360 from $170, attributing the change to high demand and tight supply conditions. Furthermore, Dell’s bonds have been trading tighter than usual compared to its technology sector peers, according to a Bloomberg Z-score analysis. These developments reflect Dell’s strong market position and investor confidence in its future growth prospects.