The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Delta Air Lines, Inc shares valued at $470,306 were sold by Ausband Allison C on Nov 06 ’24. At $62.62 per share, Ausband Allison C sold 7,510 shares. The insider’s holdings dropped to 58,897 shares worth approximately $3.56 million following the completion of this transaction.
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
Also, HAUENSTEIN GLEN W sold 40,000 shares, netting a total of over 2,502,360 in proceeds. Following the sale of shares at $62.56 each, the insider now holds 102,584 shares.
Before that, Smith Joanne D had added 4,207 shares to its account. In a trade valued at $255,390, the Officer bought Delta Air Lines, Inc shares for $60.71 each.
As published in a research note from TD Cowen on July 17, 2024, Delta Air Lines, Inc [DAL] has been retained to a Buy and the price target has been revised to $59. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in early July. As of March 20, 2024, UBS has initiated its “Buy” rating for DAL. Earlier on March 07, 2023, Evercore ISI upgraded its rating. Their new recommendation was “an Outperform” for DAL stock which previously was a “an In-line”.
Analyzing DAL Stock Performance
During the last five days, there has been a surge of approximately 5.61%. Over the course of the year, Delta Air Lines, Inc shares have jumped approximately 50.21%. Shares of the company reached a 52-week high of $62.66 on 11/06/24 and a 52-week low of $36.34 on 01/16/24. A 50-day SMA is recorded $50.48, while a 200-day SMA reached $46.68. Nevertheless, trading volume fell to 7.39 million shares from 16.68 million shares the previous day.
Support And Resistance Levels for Delta Air Lines, Inc (DAL)
According to the 24-hour chart, there is a support level at 59.74, which, if violated, would cause prices to drop to 59.04. In the upper region, resistance lies at 61.80. The next price resistance is at 63.17. RSI (Relative Strength Index) is 66.28 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.34, which suggests the price will increase in the coming days. Percent R is at 25.37%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
