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Dell Technologies Inc. (NYSE:DELL), currently valued at $77.14 billion by market capitalization, has seen significant stock activity, according to recent filings. On June 12, affiliates of Silver Lake Group, a major stakeholder and director of Dell, sold a substantial portion of their holdings. The sale involved 528,187 shares of Dell’s Class C Common Stock at a price of $112.83 per share, amounting to a total transaction value of approximately $59.5 million. According to InvestingPro analysis, Dell’s stock is currently trading near its Fair Value, with analyst targets ranging from $104 to $155.
The transactions were executed by various branches of Silver Lake, including SL SPV-2, L.P. and Silver Lake Partners IV, L.P., among others. Following these sales, the shares were held through indirect ownership structures associated with Silver Lake’s affiliates.
Additionally, on June 13, there was an in-kind distribution of shares, which was exempt from reporting. These distributions were part of a broader strategy by Silver Lake to manage its holdings in Dell Technologies, reflecting ongoing portfolio adjustments.
Silver Lake’s involvement with Dell Technologies is significant, given its role as a director and substantial shareholder. The recent transactions highlight the dynamic nature of its investment strategy and its influence on Dell’s stock movements.
In other recent news, Dell Technologies has been in the spotlight due to several significant developments. Dell’s first-quarter fiscal 2026 earnings report revealed a shortfall in both earnings per share (EPS) and earnings before interest and taxes (EBIT), primarily due to challenges in its Infrastructure Solutions Group. Despite this, Dell announced a record $12.1 billion in AI server orders, with $7 billion expected to contribute to second-quarter revenue. Analysts have responded with varied assessments: TD Cowen raised Dell’s price target to $125, citing strong AI server orders and disciplined cost management, while UBS adjusted its target to $145, maintaining a Buy rating despite the earnings miss.
Meanwhile, Aletheia Capital reiterated a Buy rating with a $150 price target, expressing confidence in Dell’s market potential. Goldman Sachs also maintained a Buy rating with a $130 target, highlighting Dell’s robust AI server demand and share buybacks as counterbalancing factors to the earnings miss. Additionally, Dell’s strategic moves, such as a substantial share buyback program, have been noted as a demonstration of confidence in its stock. These developments come amid a broader context where the U.S. government is scrutinizing tech contracts, potentially impacting companies like Dell that engage in significant government business.
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