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Dell Converts 3.9M Shares, Stock Rated Buy

9/29/2025

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Summary

Story summary

Dell Technologies converted 3,915,292 Class B shares to Class C in September 2025, leaving Class C at 338,646,945 and Class B at 54,790,897.
The conversion used an exemption under the Securities Act of 1933, with no commission paid.
Dell Technologies stock is rated Buy with a $160 price target; Spark’s AI Analyst rates it Neutral, citing earnings and fair valuation.

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Story summary

Dell Technologies converted 3,915,292 Class B shares to Class C in September 2025, leaving Class C at 338,646,945 and Class B at 54,790,897.
The conversion used an exemption under the Securities Act of 1933, with no commission paid.
Dell Technologies stock is rated Buy with a $160 price target; Spark’s AI Analyst rates it Neutral, citing earnings and fair valuation.