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Michael Dell's a believer: Makes a $100 million statement

Dell CEO Michael Dell has acquired about a $100 million worth of Dell shares in the last three days. Guess Mr.
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Written by Larry Dignan on

Dell CEO Michael Dell has acquired about a $100 million worth of Dell shares in the last three days. Guess Mr. Dell is a believer that the company is on the right track.

On June 27, Dell picked up 2.23 million shares at $22.93. On June 30, he picked up 100,000 at $21.94. And on July 1, he added 2,173,600 shares at $21.89. Not to shabby. Do the math and that equates to a little more than $100 million worth of Dell stock in three days.

Here's the rundown from the SEC filing:

Dell owns more 220.6 million shares of the company.

Also see: Dell’s product lust: Are we there yet?

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