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 $5.54 million.
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 reiterated its Delta Air Lines, Inc [DAL] rating to a Buy in a research note published on January 13, 2025; the price target was $90. TD Cowen maintained its rating on November 12, 2024. It rated DAL as “a Buy”.
Price Performance Review of DAL
On Monday, Delta Air Lines, Inc [NYSE:DAL] saw its stock fall -2.76% to $65.10. Over the last five days, the stock has gained 10.34%. Delta Air Lines, Inc shares have risen nearly 7.60% since the year began. Nevertheless, the stocks have risen 54.60% over the past one year. While a 52-week high of $68.99 was reached on 01/10/25, a 52-week low of $36.34 was recorded on 01/03/25. SMA at 50 days reached $62.09, while 200 days put it at $51.15.
Levels Of Support And Resistance For DAL Stock
The 24-hour chart illustrates a support level at 63.49, which if violated will result in even more drops to 61.87. On the upside, there is a resistance level at 66.56. A further resistance level may holdings at 68.02. The Relative Strength Index (RSI) on the 14-day chart is 60.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.87, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 31.73%. Stochastics %K at 75.68% 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 2024-12-13, growing by 0.91 million shares to a total of 36.1 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 35.19 million shares. There was a rise of 2.52%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 17, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $59.
