Insider Trading March 19, 2026

Silver Lake Sells $36.7M in Dell Shares as Company Reports Strong AI Server Performance

Multiple Silver Lake entities trimmed holdings in Class C shares while Dell posts AI-driven revenue, product and dividend updates

By Caleb Monroe DELL
Silver Lake Sells $36.7M in Dell Shares as Company Reports Strong AI Server Performance
DELL

Silver Lake Technology Investors V, L.P. and affiliated vehicles disposed of roughly $36.7 million of Dell Technologies Inc. Class C Common Stock on March 17, 2026, at prices between $153.14 and $155.00 per share. Dell’s shares have since traded up to $156.76, with InvestingPro data showing a 61.74% gain over the past year and a 25.08% return year-to-date. The company reported stronger-than-expected AI server revenue, margins and orders, announced platform and workstation enhancements tied to NVIDIA technologies, and declared a $0.63 quarterly cash dividend payable May 1.

Key Points

  • Silver Lake affiliates sold approximately $36.7 million of Dell Class C shares on March 17, 2026, at prices between $153.14 and $155.00 per share.
  • Dell reported AI server revenue, profit and order volumes above expectations, helping revenue, margins and EPS to surpass street estimates; the company also expanded its AI platform and workstation offerings using NVIDIA technologies.
  • Company valuation metrics show a $96.35 billion market cap and a P/E of 17.83, with InvestingPro data indicating the stock has gained 61.74% over the past year and may be considered undervalued by InvestingPro Fair Value estimates.

Silver Lake Technology Investors V, L.P. and related entities executed sales of Dell Technologies Inc. (NASDAQ: DELL) Class C Common Stock on March 17, 2026, with total consideration around $36.7 million. The shares changed hands in a price band between $153.14 and $155.00 per share. Since that date, Dell’s stock has risen to $156.76.


Market metrics cited alongside the trades show Dell with a market capitalization of $96.35 billion and trading at a price-to-earnings ratio of 17.83, while InvestingPro data records a 61.74% gain over the prior 12 months and a 25.08% year-to-date return. Analysis using InvestingPro Fair Value estimates noted in the same data set indicates the shares still register as undervalued by that measure. Investors may consult Dell’s Pro Research Report for a deeper look; the report is listed as available for this company and for more than 1,400 other U.S. equities.

The transactions were carried out by several Silver Lake-related entities. Named parties include SLTA V (GP), L.L.C., Silver Lake Technology Associates V, L.P., Silver Lake Partners V DE (AIV), L.P., and Silver Lake Technology Investors V, L.P. Those entities also executed conversions of Class B Common Stock into Class C Common Stock as part of their activity.


Separately, Dell has reported operational results and product developments that underscore the company’s traction in AI infrastructure. Company disclosures indicate that AI server revenue, profits and order volumes exceeded expectations. Those performance metrics helped push overall revenue, margins and earnings per share above consensus forecasts, with Dell attributing a primary role to growth in AI server sales and improved profitability at its Infrastructure Solutions Group.

On the product front, Dell announced enhancements to its AI Data Platform that incorporate NVIDIA technologies intended to automate aspects of data management for AI workloads. The company also introduced the Dell Data Orchestration Engine, which leverages technology from its Dataloop acquisition to assemble AI-ready datasets. In addition, Dell rolled out new AI workstations compatible with NVIDIA’s GB300 chip; these workstations are positioned for autonomous AI agent development and are described as delivering up to 20 petaFLOPS of performance.

Dell reported that more than 4,000 customers have adopted its Dell AI Factory offering, with early adopters reportedly realizing material returns on their deployments. The company also announced a quarterly cash dividend of $0.63 per share, payable to shareholders on May 1.


Bernstein SocGen Group has reiterated an Outperform rating on Dell and maintained a price target of $180 per share, according to the information reported alongside Dell’s operational updates.

This combination of insider transactions, valuation commentary and product-led revenue beats provides multiple data points for investors assessing Dell’s positioning in AI infrastructure and enterprise systems.

Risks

  • The publicly reported sales by Silver Lake do not include an explanation of motive, leaving uncertainty about the reason for the share disposals - this uncertainty affects interpretation of insider activity in the technology and investment sectors.
  • Reliance on InvestingPro Fair Value estimates to characterize Dell as undervalued reflects one analytical perspective; users relying on a single fair-value source face model- and assumption-driven uncertainty when assessing equity valuation.
  • A portion of Dell’s recent upside is attributed to AI server sales and Infrastructure Solutions Group profitability, creating an open question about the sustainability of that growth if market conditions for AI infrastructure were to change.

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