Dell Technologies Inc. (NYSE:DELL) CEO Michael S. Dell has sold a substantial portion of his shares in the company, according to a recent filing with the Securities and Exchange Commission. The transactions, which took place between September 6 and September 10, resulted in the sale of Dell's shares for a total value exceeding $361 million.
The sales occurred at prices ranging from $102.01 to $107.41 per share. On September 6, two separate sales were made, with 195,574 shares sold at an average price of $102.01 and 25,886 shares at an average price of $102.52. Subsequent transactions on September 9 included the sale of 385,846 shares at an average of $105.91, 1,194,911 shares at $106.77, and 259,202 shares at $107.41. The final sales reported on September 10 comprised 598,397 shares at $106.21 and 737,649 shares at a rounded price of $107.
Following these transactions, the CEO's ownership in Dell Technologies has been adjusted, with millions of shares still under his control. It's noteworthy that the shares sold represent only a portion of Dell's total holdings in the company, indicating a continued vested interest in the tech giant's future.
Investors often monitor the buying and selling activities of company insiders like CEOs for insights into the company's performance and potential future direction. While the reasons behind Dell's stock sales are not disclosed in the filing, such transactions are common for personal financial management, including diversification and liquidity.
For further details on the exact number of shares sold at each price point within the reported range, the filing notes that Michael S. Dell, upon request, will provide full information to Dell Technologies Inc., its security holders, or the SEC staff.
Dell Technologies, headquartered in Round Rock, Texas, continues to be a significant player in the electronic computers sector, with Michael S. Dell at the helm as CEO.
In other recent news, Dell Technologies has been making significant strides in the AI market, as evidenced by robust growth in its core businesses. The company reported a 12% and 38% growth in its Client Solutions Group and Infrastructure Solutions Group, respectively, during its latest earnings call. Dell also highlighted a $3.8 billion backlog in the AI space, pointing to the potential of AI to revolutionize various industries.
In relation to this, Susquehanna initiated coverage on Dell with a Neutral rating, citing the company's scale, recognized brand, and strong internal financing capabilities as key advantages in expanding its AI hardware. However, the firm expressed concerns about the uncertain economic returns of AI hardware and Dell's strategy for scaling its AI services.
Evercore ISI, on the other hand, maintained an Outperform rating on Dell. The firm indicated that despite expected gross margin headwinds from AI servers and inflationary component costs, Dell's operating margins could still expand due to offsets in other areas. The firm's framework suggests that Dell is well-positioned to capitalize on the growth of AI deployments across various sectors.
These are recent developments that have the potential to shape Dell's future performance in the AI market. It's important to note that while these findings provide valuable insights, they are based on the analysis of various firms and should not be taken as absolute indicators of the company's future performance.
InvestingPro Insights
Amidst the news of CEO Michael S. Dell's recent sale of shares, Dell Technologies Inc. (NYSE:DELL) presents a mixed financial landscape. According to InvestingPro data, Dell has a market capitalization of $75.3 billion, reflecting its substantial presence in the technology sector. A notable metric for investors is the company's P/E ratio, which stands at 19.66, suggesting a valuation that could be appealing to value investors when considering near-term earnings growth.
The company's revenue for the last twelve months as of Q2 2025 was $91.84 billion, indicating a slight decline of 1.9%. However, Dell's gross profit margin during the same period was 22.5%, which could be a concern as it points to weaker profitability in comparison to some industry peers. Despite this, InvestingPro Tips highlight that the company has been profitable over the last twelve months and analysts predict it will remain profitable this year. Additionally, Dell's management has been actively engaged in share buybacks, signaling confidence in the company's value.
Investors looking for long-term performance will find it interesting that Dell has delivered a high return over the last decade and has been a strong performer over the last five years. While the company's short-term obligations currently exceed its liquid assets, which could raise liquidity concerns, the high shareholder yield is a positive sign for investors seeking returns from their investment.
For those interested in a deeper analysis, InvestingPro offers additional tips on Dell Technologies, including insights into earnings revisions, industry standing, and return metrics. In total, there are 12 more InvestingPro Tips available, which can be accessed at: https://www.investing.com/pro/DELL.
The financial data and InvestingPro Tips provided offer valuable context for understanding the potential implications of the CEO's recent stock sale and the broader financial health of Dell Technologies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.