Dell CEO Michael S. Dell Sells Over $1.17 Billion in Company Stock

Michael S. Dell, the Chief Executive Officer of Dell Technologies Inc., has recently sold a significant portion of his company stock, according to a filing with the Securities and Exchange Commission (SEC). Between September 19 and September 23, he conducted a series of sales totaling over $1.17 billion, with share prices fluctuating between $115.80 and $118.52.

The SEC document outlines various transactions in which Dell sold shares of the company’s Class C Common Stock. On September 19, he sold 500,000 shares at an average price of approximately $117.93. The transactions continued in the following days, including sales of 143,981 shares at an average of $115.80, 1,038,065 shares at $116.81, 6,726,692 shares at $117.52, 424,667 shares at $118.52, 994,813 shares at $117.34, and 171,782 shares at $117.85.

Despite these significant sales, Michael Dell retains a considerable amount of shares in Dell Technologies, reflecting his ongoing interest in the company’s success. The SEC filing does not indicate any personal or business plans driving these sales, and it’s common for executives to liquidate shares for a variety of reasons, including financial planning and diversification.

Insider transactions, like these, often attract attention from investors seeking insight into executive sentiments about a company’s future and valuation. While the volume and value of these sales are considerable, they should be evaluated in the context of the executive’s overall holdings and the company’s market performance.

The SEC filing also mentions that Dell Technologies and Mr. Dell are willing to provide more detailed information about the specific shares sold within the reported ranges upon request, ensuring transparency for investors.

Additionally, the filing notes that there is an indirect ownership of 1,380,000 shares held by a separate trust associated with Mr. Dell, in which he disclaims beneficial ownership in accordance with SEC regulations.

This sale indicates a meaningful change in the CEO’s stake, prompting investors to watch for any potential strategic shifts within Dell Technologies.

In related news, Dell Technologies has reported substantial growth in its primary business areas, especially in the artificial intelligence (AI) sector. The company’s Client Solutions Group and Infrastructure Solutions Group saw growth rates of 12% and 38%, respectively, and the firm boasts a $3.8 billion backlog in the AI market. Analysts from various firms have recently shared their perspectives on Dell’s prospects. Mizuho has initiated coverage with an Outperform rating and a price target of $135, while Susquehanna has issued a Neutral rating at a $120 target, citing concerns about AI hardware returns and scaling. Meanwhile, Evercore ISI remains optimistic with an Outperform rating and a $140 price target, despite potential challenges from AI server margins and inflationary pressures on components. Furthermore, Dell Technologies issued 26.5 million Class C common shares to Michael Dell after converting the same number of Class A common shares, increasing his beneficial ownership to 271.8 million shares of Class A and 36.9 million shares of Class C.

Dell Technologies has emerged as a focal point for investors, particularly in light of the recent stock sales by CEO Michael S. Dell. The company’s current valuation reflects a market capitalization of approximately $82.59 billion, with a P/E ratio of 20.98, adjusting to 18.31 based on the last twelve months, as of Q2 2025.

In the last year leading to Q2 2025, Dell’s revenue stood at $91.84 billion, experiencing a slight decline of -1.9% in growth, but showing a quarterly revenue growth of 9.12% in Q2 2025. This mixed growth narrative is underscored by a gross profit margin of 22.54%, indicating the firm’s maintained profitability.

There are key considerations for investors regarding Dell Technologies’ ongoing share repurchase activities, which usually signal management’s confidence in future prospects. Additionally, the firm has demonstrated a strong shareholder yield and has consistently increased its dividend over the past three years, showing a commitment to providing value to shareholders.

Overall, recent activities and financial performance highlight Dell Technologies as a noteworthy player in the technology sector, and stakeholders will be keeping a close eye on its developments moving forward.