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Silver Lake Technology Investors sold $21.8 million worth of Dell Technologies Inc. (NASDAQ:NYSE:DELL) Class C Common Stock on July 15, 2025. The sales, executed at prices ranging from $125.9 to $127.56, involved multiple transactions. Dell, a prominent player in the Technology Hardware industry with a market cap of $83.89B, has demonstrated strong performance with a 14% return over the past six months. According to InvestingPro analysis, the stock is currently trading near its Fair Value.
The transactions involved the disposal of shares held through various Silver Lake entities, including SL SPV-2, L.P., Silver Lake Partners IV, L.P., Silver Lake Partners V DE (AIV), L.P., Silver Lake Technology Investors IV, L.P., and Silver Lake Technology Investors V, L.P. InvestingPro subscribers have access to 12 additional key insights about Dell’s financial health and market position, along with comprehensive research reports that provide deep analysis of the company’s performance.
On the same day, Silver Lake also converted Class B Common Stock into Class C Common Stock. A total of 234,847 shares of Class B Common Stock were converted into Class C Common Stock. The conversions were executed at a price of $0.
In other recent news, Dell Technologies reported the conversion of 3,421,793 Class B shares to Class C shares by Silver Lake Partners, as outlined in their SEC filing. This conversion was conducted under an exemption from registration, with no commissions paid for the exchange. In another development, Mizuho (NYSE:MFG) raised its price target for Dell to $150 from $145, maintaining an Outperform rating due to anticipated AI server wins and increased storage needs. Mizuho also adjusted its fiscal revenue forecasts upward for 2026 and 2027. Additionally, KeyBanc initiated coverage on Dell with a Sector Weight rating, citing Dell’s strong management and financial profile but expressing concerns over gross margins and growth prospects in certain segments. Meanwhile, shares of Dell and other tech companies faced pressure after a Wall Street Journal report about the U.S. government’s efforts to cut federal contract spending. The General Services Administration has requested justifications for federal contracts, which could affect Dell’s government-related revenue. Lastly, Dell collaborated with CoreWeave to deploy NVIDIA (NASDAQ:NVDA)’s GB300 NVL72 AI platform, showcasing its commitment to advancing AI infrastructure.
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