Michael Dell Sells $1.2B Worth Of Dell Stock, Reducing Stake Amid Company's Recent S&P 500 Inclusion And AI Expansion

2024-10-01 27

Michael Dell, the CEO of Dell Technologies, has offloaded a significant portion of his shares in the company.

What Happened: According to a filing with the U.S. Securities and Exchange Commission on Thursday, Dell sold 10 million shares of Class C Common Stock at an average price of $122.4 per share.