In a filing, Delta Air Lines, Inc revealed its EVP & Chief People Officer Smith Joanne D unloaded Company’s shares for reported $1.27 million on Nov 21 ’24. In the deal valued at $64.70 per share,19,660 shares were sold. As a result of this transaction, Smith Joanne D now holds 85,123 shares worth roughly $5.3 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, Smith Joanne D sold 4,207 shares, generating $255,390 in total proceeds. Upon selling the shares at $60.71, the EVP & Chief People Officer now owns 104,783 shares.
Before that, Smith Joanne D bought 19,660 shares. Delta Air Lines, Inc shares valued at $1,272,002 were divested by the Officer at a price of $64.70 per share.
TD Cowen also remained covering DAL and reiterated its “Buy” recommendation on November 12, 2024. TD Cowen maintained its rating on July 17, 2024. It rated DAL as “a Buy”.
Price Performance Review of DAL
On Monday, Delta Air Lines, Inc [NYSE:DAL] saw its stock fall -3.52% to $62.26. Over the last five days, the stock has lost -1.81%. Delta Air Lines, Inc shares have risen nearly 54.76% since the year began. Nevertheless, the stocks have risen 54.34% over the past one year. While a 52-week high of $67.50 was reached on 12/05/24, a 52-week low of $36.34 was recorded on 01/16/24. SMA at 50 days reached $58.18, while 200 days put it at $49.15.
Levels Of Support And Resistance For DAL Stock
The 24-hour chart illustrates a support level at 61.35, which if violated will result in even more drops to 60.45. On the upside, there is a resistance level at 64.01. A further resistance level may holdings at 65.77. The Relative Strength Index (RSI) on the 14-day chart is 51.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.39%. Stochastics %K at 46.64% indicates the stock is a holding.
How much short interest is there in Delta Air Lines, Inc?
A steep rise in short interest was recorded in Delta Air Lines, Inc stocks on 2024-11-15, growing by 6.5 million shares to a total of 35.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 28.69 million shares. There was a rise of 18.47%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 02, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $61.
