Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Delta Air Lines, Inc shares valued at $1,305,256 were sold by Carroll William C on Nov 08 ’24. At $60.62 per share, Carroll William C sold 21,530 shares. The insider’s holdings dropped to 19,756 shares worth approximately $1.28 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, Samant Rahul D sold 18,600 shares, netting a total of over 1,155,711 in proceeds. Following the sale of shares at $62.13 each, the insider now holds 45,563 shares.
Before that, Ausband Allison C had sold 7,510 shares from its account. In a trade valued at $470,306, the EVP & Chief Cust Exper Officer traded Delta Air Lines, Inc shares for $62.62 each. Upon closing the transaction, the insider’s holdings decreased to 7,510 shares, worth approximately $3.82 million.
As published in a research note from TD Cowen on November 12, 2024, Delta Air Lines, Inc [DAL] has been retained to a Buy and the price target has been revised to $75. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in mid July. As of July 02, 2024, TD Cowen has reiterated its “Buy” rating for DAL. Earlier on March 20, 2024, UBS initiated its rating. Their recommendation was “a Buy” for DAL stock.
Analyzing DAL Stock Performance
During the last five days, there has been a surge of approximately 7.31%. Over the course of the year, Delta Air Lines, Inc shares have jumped approximately 61.20%. Shares of the company reached a 52-week high of $66.25 on 11/14/24 and a 52-week low of $36.34 on 01/16/24. A 50-day SMA is recorded $52.62, while a 200-day SMA reached $47.28. Nevertheless, trading volume fell to 7.26 million shares from 8.53 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 64.23, which, if violated, would cause prices to drop to 63.60. In the upper region, resistance lies at 65.86. The next price resistance is at 66.87. RSI (Relative Strength Index) is 73.89 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.26, which suggests the price will increase in the coming days. Percent R is at 12.02%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
