DELL Dell Technologies Inc.

NEUTRAL Impact: 3/10 Insider Cluster (5 insiders)
Horizon days Filed Jun 12, 2026 Processed 8d 9h ago
Insider cluster: 5 insiders, $2.4M total
Latest settled — T+1d ⚠ clustered
DELL ▼ -1.24% at T+1d
NEUTRAL call ✗ call lost -1.24% · α vs SPY -0.67% · entry $409.07 → $403.99
Next anchor: T+5d tomorrow
Last close $409.50 (close Jun 18) · +0.11% from $409.07 entry
Entry anchored
Jun 12, 04:40 PM ET
via Databento tick
T+1d
-1.24%
call -1.24% · α -0.67%
$403.99
settled 6d ago
T+5d
call — · α —
tomorrow
T+20d
call — · α —
in 22d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

A cluster of insider sales by Silver Lake entities (directors and 10% owners) totaling ~$2.44M occurred over June 9-10, 2026, coinciding with a new $253.7B credit agreement filed on June 10. The sales are predominantly open-market dispositions following derivative exercises at $0 cost basis, representing a trivial 0.001% of market cap. The credit agreement is a routine refinancing for a company of Dell's size, and the insider activity appears to be tax-related portfolio rebalancing rather than a bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$2.4M
Insiders
5

Actionable Insight

The insider cluster is noise — Silver Lake's sales are routine portfolio management following derivative exercises. The credit agreement is a standard refinancing with no material terms disclosed. Monitor for any subsequent 8-Ks or earnings guidance changes, but no immediate trading action is warranted.

Key Facts

  • Silver Lake entities sold ~$2.44M in open-market sales over June 9-10, 2026
  • Sales represent ~0.001% of Dell's $253.7B market cap — immaterial
  • All sales were preceded by derivative exercises at $0 cost basis, consistent with tax withholding or option monetization
  • A new $253.7B credit agreement was filed on June 10, 2026 — a routine refinancing for a company of this scale
  • No C-suite executives (CEO, CFO) participated in the cluster; all trades were by Silver Lake director/10% owner entities
  • Historical calibration shows cluster sells at this magnitude are non-informative per academic literature

Financial Impact

Total open-market sales of ~$2.44M, or ~0.001% of market cap — negligible

dilution

Risk Factors

  • Silver Lake could continue selling if they have additional unexercised options
  • Credit agreement terms (interest rate, covenants) were not fully disclosed in the truncated filing

Market Snapshot

Exchange
NYSE
Sector
Electronic Computers
Analyst Consensus
74% bullish (34 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-DELL-1781301463956
75 reports for DELL
Performance horizon
61% Hit rate 11 of 18 directional calls best @ T+20▲ +105.68%May 4, 2026
Filters
Rows
Reports for DELL — sortable, filterable
Type Now
Jun 17, 2026
3d ago
8-K
NEUTRAL ★ 2/10
$420.75 awaiting T+1awaiting T+1$409.50 (−2.67%)
Jun 17, 2026
3d ago
Insider Cluster
NEUTRAL ★ 3/10
$420.75 awaiting T+1awaiting T+1$409.50 (−2.67%)
Jun 16, 2026
4d ago
Insider Cluster
NEUTRAL ★ 3/10
$419.32 $409.50▼ −2.34%▼ −3.12%$409.50 (−2.34%)
Jun 16, 2026
4d ago
Insider Cluster
NEUTRAL ★ 4/10
$419.32 $409.50▼ −2.34%▼ −3.12%$409.50 (−2.34%)
Jun 16, 2026
4d ago
Insider Cluster
NEUTRAL ★ 4/10
$419.32 $409.50▼ −2.34%▼ −3.12%$409.50 (−2.34%)
Jun 16, 2026
4d ago
Insider Cluster
NEUTRAL ★ 2/10
$419.32 $409.50▼ −2.34%▼ −3.12%$409.50 (−2.34%)
Jun 16, 2026
4d ago
8-K
NEUTRAL ★ 3/10
$419.32 $409.50▼ −2.34%▼ −3.12%$409.50 (−2.34%)
Jun 15, 2026
5d ago
Insider Cluster
NEUTRAL ★ 2/10
$404.08 $419.32▲ +3.77%▲ +5.02%$409.50 (+1.34%)
Jun 15, 2026
5d ago
Insider Cluster
NEUTRAL ★ 2/10
$404.08 $419.32▲ +3.77%▲ +5.02%$409.50 (+1.34%)
Jun 15, 2026
5d ago
Insider Cluster
NEUTRAL ★ 3/10
$404.08 $419.32▲ +3.77%▲ +5.02%$409.50 (+1.34%)
Showing 10 of 75

US Market Status

Market Closed — Opens Mon (29h 36m)

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