Dell -3.5-4% Monday after fresh insider-selling disclosures incl. Silver Lake Partners IV selling 7,994 shares (~$4.55M) on Sep 21
What happened
Dell shares fell 3.5% on Monday, Sept. 28 (prior close $562.89; traded as low as $535.50) on a fresh round of SEC-disclosed insider sales. Director Egon Durban sold 1,850 shares on Sept. 23 at $548.40 ($1,014,540.00), and Director Lynn Vojvodich Radakovich sold 2,022 shares on Sept. 22 at $565.28 ($1,142,996.16, a 7.41% position cut via a pre-arranged Rule 10b5-1 plan). Director Silver Lake Partners IV, L.P. sold 7,994 shares on Sept. 21 at $569.77 for $4,554,741.38. These disclosures extended a ~$32M executive selling wave: CFO David Kennedy sold 23,896 shares for ~$13.5M and General Counsel Richard Rothberg sold 4,000 shares for $2.3M both on Sept. 17, while CHRO Jennifer Saavedra sold 25,251 shares ($13.1M) and CMO Geraldine Tunnell sold 5,436 shares ($2.8M) both on Sept. 4.
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Start your free 14-day trialWho’s affected
- DELL (Dell Technologies) — direct: selling-pressure narrative plus sector profit-taking, down 3.5% Monday. Sector sympathy: SMCI (Super Micro), HPE — fell alongside Dell on AI-server rotation
- Oracle headlines (Project Jupiter delays) weighed on AI-infrastructure names.