Dell Technologies (DELL) Director Spv-2 Sells $26M of Stock
Director L.P. Sl Spv-2 sold a significant number of shares in Dell Technologies.
Reviewed by automated data checks against the source filing. How we make and check alerts
L.P. Sl Spv-2, Director at Dell Technologies Inc. ($DELL), sold 44,408 shares at an average price of $582.30, worth about $25.86 million, on October 9, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $DELL is down 22.9% after 1 week and down 22.9% to date (from the $586.06 close on Oct 9, 2026).
DELL
Dell Technologies Inc.
Key Points
- On October 9, 2026, L.P. Sl Spv-2 sold 44,408 shares of Dell Technologies at $582.30, totaling about $25.9 million.
- As of October 16, 2026, Dell's stock was recently trading around $455.95, which is 11.1% below its 50-day moving average.
- Dell Technologies has a market cap of approximately $301 billion and is expected to report earnings on November 27, 2026.
Get $DELL trade alerts by text
We text you when insiders, Congress or big funds trade $DELL. Free.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Dell Technologies Inc. alert may contain errors. Disclosures
On October 9, 2026, L.P. Sl Spv-2, a director at Dell Technologies Inc. (NYSE: DELL), sold 44,408 shares at an average price of $582.30, valuing the transaction at about $25.9 million.
Inside L.P. Sl Spv-2's Trade
The sale was not part of a planned transaction. This move comes as Dell's stock has been fluctuating, with the recent trading price significantly lower than the sale price.
Other Institutional Activity in Dell Technologies
Several other institutional investors have made changes to their Dell holdings. Blackrock Inc. reduced its stake by 655,875 shares, ending with 24,094,119 shares worth about $10.9 billion. Vanguard Capital Management LLC also cut its position by 423,735 shares, now holding 19,013,637 shares valued at approximately $8.6 billion. State Street Corporation decreased its holdings by 576,503 shares, bringing its total to 13,764,359 shares worth around $6.2 billion. Meanwhile, Bank of America Corporation sold off 3,552,632 shares, ending with 10,842,148 shares valued at about $4.9 billion.
Dell Technologies Inc. Stock Down 10.2%
Dell's shares were recently trading around $455.95 as of October 16, 2026, which is 11.1% below its 50-day moving average of $512.76. The stock is also 23.4% below its 52-week high of $595.51, indicating it is currently under pressure compared to its recent performance.
Recent Earnings
Dell Technologies reported trailing twelve-month revenue of approximately $151.2 billion, showing a year-over-year growth of 57.7%. The company's earnings per share (EPS) for the same period was $17.20. The next earnings report is scheduled for November 27, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
12 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 62.1%. Revenue beat estimates by 21.3%.
-
Profit surprise
EBITDA beat by 10 percent. Operating income beat by 32 percent.
-
Pre-earnings setup
Bar was high, analysts already very bullish.
-
Analyst signal
2 upgrades, 12 target raises.
-
Earnings quality
Gross margin down 3.4 points. Operating margin up 3.4 points. Positive free cash flow.
Earnings Call Summary
Dell had a strong quarter with record revenue of twenty nine point eight billion dollars, up nineteen percent, driven by exceptional AI server demand. They shipped eight point two billion dollars in AI servers and have an eleven point seven billion dollar backlog. Management expects margins to improve in the second half as the AI business scales and traditional server and storage mix improves, while operating expenses continue declining.
Guidance Dell raised full year revenue guidance to one hundred seven billion dollars, up twelve percent. They now expect AI server shipments of twenty billion dollars for the year, up five billion from prior guidance. Third quarter revenue should reach twenty seven billion dollars, up eleven percent. They expect full year earnings per share of nine dollars and fifty five cents, up seventeen percent.
Clearly positive report. Results were better than expected, though the forward reset is not the strongest.
Insider Buying and Selling at Dell Technologies Inc.
Recently, other insiders have also traded shares. On June 12, 2026, L.P. Silver Lake Partners IV sold 39,537 shares at an average price of $403.12, totaling about $15.9 million. David Dorman also sold 41,292 shares on the same day for about $16.8 million. These transactions occurred before the current sell-off by L.P. Sl Spv-2.
Analysts Set New Price Targets
On September 9, 2026, Evercore ISI Group maintained an "Outperform" rating on Dell with a price target of $650. RBC Capital initiated coverage with an "Outperform" rating and a target of $640 on September 10, 2026. Morgan Stanley maintained an "Equal-Weight" rating with a target of $511 on September 21, 2026. The consensus among analysts is a "buy" rating with a mean price target of $593.00 based on 25 opinions.
About Dell Technologies
Dell Technologies Inc. designs and manufactures a wide range of technology products and services, primarily in the computer hardware sector. The company operates through two main segments: Infrastructure Solutions Group and Client Solutions Group. Dell's recent performance and insider trading activity highlight its position in the tech industry.
Bottom Line
Investors should keep an eye on Dell's upcoming earnings report on November 27, 2026, as well as any further insider transactions that may signal confidence or caution in the stock's outlook.
Related Filing Alerts
Source: L.P. Sl Spv-2's Form 4 filing on $DELL (Oct 9, 2026). Find the original filing: DELL Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts