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Directors at Dell Technologies Inc (NYSE:DELL), including Egon Durban, disclosed the sale of Class C Common Stock on July 17, 2025, with the transactions totaling $751,621. The technology hardware giant, currently valued at $83.6 billion, has shown strong momentum with a 14% return over the past six months.
The sales, executed at a price of $123.50 per share, involved 3,262 shares sold through Silver Lake Group, L.L.C., and 2,824 shares sold by entities in which Mr. Durban may be deemed to have an indirect pecuniary interest. The price for these shares ranged from $123.47 to $123.58. According to InvestingPro analysis, Dell’s stock is currently trading near its Fair Value, with analysts setting price targets between $104 and $155.
On the same date, there were also in-kind distributions of shares of Class C Common Stock. These shares were disposed of through SL SPV-2, L.P., Silver Lake Partners IV, L.P. and Silver Lake Partners V DE (AIV), L.P. For deeper insights into Dell’s financial health and growth prospects, including 12 additional ProTips and comprehensive valuation metrics, visit InvestingPro.
In other recent news, Dell Technologies reported the conversion of 3,421,793 Class B shares to Class C shares by Silver Lake Partners. This conversion was executed without any registration, relying on an exemption under the Securities Act of 1933. As of July 11, 2025, Dell had 340,673,002 shares of Class C common stock and 58,946,330 shares of Class B common stock outstanding. Mizuho (NYSE:MFG) raised its price target for Dell to $150 from $145, citing the company’s continued success in securing AI server wins and its strong financial performance. The research firm maintained its revenue and earnings per share estimates for the July quarter at $29.0 billion and $2.25, respectively. KeyBanc initiated coverage on Dell with a Sector Weight rating, noting the company’s strong management and financial profile but expressing concerns about gross margin pressures. Additionally, Dell faced scrutiny from the U.S. government over federal contracts, as part of a broader strategy to reduce federal spending on technology services. The General Services Administration’s initiative could introduce challenges for Dell and other tech firms involved in government contracts.
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