Delta Air Lines, Inc.’s recent filing unveils that its EVP & Chief People Officer Smith Joanne D unloaded Company’s shares for reported $0.25 million on May 08 ’24. In the deal valued at $52.30 per share,4,846 shares were sold. As a result of this transaction, Smith Joanne D now holds 112,421 shares worth roughly $5.48 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Chiang Willie CW bought 10,000 shares, generating $494,955 in total proceeds. Upon buying the shares at $49.50, the Director now owns 10,000 shares.
Before that, Carter Peter W sold 50,000 shares. Delta Air Lines, Inc. shares valued at $2,500,000 were divested by the EVP – External Affairs at a price of $50.00 per share. As a result of the transaction, Carter Peter W now holds 143,328 shares, worth roughly $6.98 million.
UBS initiated its Delta Air Lines, Inc. [DAL] rating to a Buy in a research note published on March 20, 2024; the price target was $59. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in early March from “an In-line” to “an Outperform”. Redburn also remained covering DAL and has increased its forecast on February 08, 2023 with a “Buy” recommendation from previously “Neutral” rating. Argus revised its rating on January 05, 2023. It rated DAL as “a Buy” which previously was an “a Hold”.
Price Performance Review of DAL
On Friday, Delta Air Lines, Inc. [NYSE:DAL] saw its stock fall -2.89% to $48.72. Over the last five days, the stock has lost -3.41%. Delta Air Lines, Inc. shares have risen nearly 21.10% since the year began. Nevertheless, the stocks have risen 15.48% over the past one year. While a 52-week high of $53.86 was reached on 05/13/24, a 52-week low of $30.60 was recorded on 01/16/24. SMA at 50 days reached $50.14, while 200 days put it at $41.87. A total of 12.12 million shares were traded, compared to the trading of 5.25 million shares in the previous session.
Levels Of Support And Resistance For DAL Stock
The 24-hour chart illustrates a support level at 47.55, which if violated will result in even more drops to 46.38. On the upside, there is a resistance level at 49.76. A further resistance level may holdings at 50.80. The Relative Strength Index (RSI) on the 14-day chart is 40.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.05%. Stochastics %K at 49.15% indicates the stock is a holding.
