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Silver Lake, a ten percent owner of Dell Technologies Inc (NYSE:DELL), reported selling 6,086 shares of Class C Common Stock on July 17, 2025. The shares were sold at a price of $123.50, for a total value of $751621. The transaction comes as Dell, with its substantial $83.6 billion market cap, trades near InvestingPro’s Fair Value estimate, suggesting balanced valuation.
The same report also indicates the distribution of 63,139 Class C Common Stock.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.47 to $123.58 per share, inclusive.
In other recent news, Dell Technologies reported the conversion of 3,421,793 Class B shares into Class C shares by Silver Lake Partners. This conversion was executed without registration, relying on a specific exemption, and the company indicated that future conversions would follow the same procedure. Meanwhile, Mizuho (NYSE:MFG) has raised Dell’s price target to $150, maintaining an Outperform rating, due to the company’s continued success in securing AI server wins. The firm also increased its revenue forecasts for fiscal years 2026 and 2027, citing Dell’s strong market position and ability to provide competitive financing options. KeyBanc initiated coverage on Dell with a Sector Weight rating, acknowledging the company’s strong management and financial profile but expressing concerns over potential pressure on gross margins due to growth in the AI server business. Additionally, Dell was among several technology companies affected by the U.S. government’s initiative to reduce federal contract spending, as reported by the Wall Street Journal. The General Services Administration issued letters to technology providers, including Dell, urging cost-cutting measures as part of a broader strategy to consolidate federal purchasing. This development has introduced potential challenges for Dell and other tech companies involved in government contracts.
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