Insider Trading June 10, 2026 06:10 PM

Silver Lake Affiliates Offload Dell Class C Shares Amid Strong Q1 Fiscal 2027 Performance

Entities linked to Silver Lake Group execute $390k stock sales while Dell reports significant revenue growth, prompting analyst upgrades.

By Leila Farooq
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Entities affiliated with Silver Lake Group, including Dell Technologies Inc. director Egon Durban, executed sales of Dell Class C Common Stock totaling $390,149. The transactions were reported on June 8, 2026, and involved the disposal of 1,300 shares at varying prices. Concurrently, the reporting group acquired 978 shares through the conversion of Class B Common Stock. This activity occurs against the backdrop of Dell Technologies reporting first-quarter fiscal 2027 results that surpassed market expectations, with total revenue reaching $43.8 billion. The strong financial performance has led several financial firms to adjust their price targets for Dell upward.

Silver Lake Affiliates Offload Dell Class C Shares Amid Strong Q1 Fiscal 2027 Performance
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Key Points

  • Silver Lake-affiliated entities, including director Egon Durban, executed $390,149 in sales of Dell Class C Common Stock on June 8, 2026, while simultaneously converting 978 Class B shares to Class C shares.
  • Dell Technologies reported first-quarter fiscal 2027 revenue of $43.8 billion, an 88% year-over-year increase, with the Infrastructure Solutions Group seeing an 181% surge that exceeded guidance.
  • Several financial firms, including Bernstein SocGen Group, Goldman Sachs, and Mizuho, raised their price targets for Dell to $500, citing strong demand for AI servers and strategic positioning.

Entities affiliated with Silver Lake Group, including Dell Technologies Inc. director Egon Durban, reported transactions involving the company’s Class C Common Stock on June 8, 2026. The filings indicate sales totaling $390,149.

Silver Lake Technology Investors V, L.P., one of the reporting entities, disposed of 1,030 shares of Class C Common Stock. These shares were sold at prices ranging from $386.57 to $405.71 per share.

Earlier on June 8, 2026, Silver Lake Technology Investors V, L.P. also acquired 978 shares of Class C Common Stock through the conversion of an equal number of Class B Common Stock. Each Class B share is convertible into one Class C share and has no expiration date. This conversion occurred in connection with the reported sales and distributions.

The reporting group includes Silver Lake Technology Investors V, L.P., Silver Lake Technology Associates V, L.P., SLTA V (GP), L.L.C., Silver Lake Group, L.L.C., and Mr. Durban. Mr. Durban serves as a Co-CEO and Managing Member of Silver Lake Group, L.L.C., and is a director of Dell Technologies Inc. The reporting persons may be deemed directors by deputization of Dell Technologies Inc. due to their affiliations.

In other recent news, Dell Technologies reported first-quarter fiscal 2027 results that exceeded expectations, with total revenue reaching $43.8 billion, an 88% increase year-over-year. Earnings per share were reported at $4.86, surpassing the anticipated range of $3. The Infrastructure Solutions Group saw a revenue increase of 181% year-over-year, significantly exceeding guidance for more than 100% growth. Additionally, the Client Solutions Group reported a 17% year-over-year increase against guidance for approximately 2% growth.

Dell TechFollowAnalyze DELLIncluded in our AI-picked strategies·Review strategies369.87▼-11.91(-3.12%)Closed·15:59:59·USD364.00▼-5.83(-1.58%)After Hours·18:17:001D1W1M6M1Y5YMaxCreated with Highcharts 11.4.814:0015:0016:0017:0018:0019:00360370380390Analyze DELLSeveral financial firms have responded to these results with adjustments to their price targets for Dell. Bernstein SocGen Group, Goldman Sachs, and Mizuho all raised their price targets to $500, citing strong demand for AI servers and Dell’s strategic positioning. Truist Securities also raised its price target, albeit to a more conservative $360, while maintaining a Hold rating.

In other developments, MSD Investment Corp., managed by BDT & MSD Partners LLC, successfully sold $300 million of investment-grade bonds. The bonds were issued to refinance debt, with a yield 2.4 percentage points above Treasuries, reflecting a tighter spread than initially discussed.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.Is DELL a bargain right now?The fastest way to find out is with our Fair Value calculator. We use a mix of 17 proven industry valuation models for maximum accuracy. Get the bottom line for DELL plus thousands of other stocks and find your next hidden gem with massive upside.See Undervalued Stocks

Risks

  • The reporting group includes multiple affiliated entities, and the complexity of their transactions may require close scrutiny regarding insider trading regulations and disclosure requirements.
  • While Dell’s Infrastructure Solutions Group significantly exceeded growth guidance, the Client Solutions Group’s 17% increase, though positive, was modest compared to the broader revenue surge, potentially indicating uneven sector performance.

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