Delta Air Lines, Inc’s recent filing unveils that its Chief Executive Officer Bastian Edward H unloaded Company’s shares for reported $6.41 million on Jan 22 ’25. In the deal valued at $69.85 per share,91,710 shares were sold. As a result of this transaction, Bastian Edward H now holds 439,819 shares worth roughly $29.59 million.
Then, Bastian Edward H bought 91,710 shares, generating $6,405,944 in total proceeds.
Before that, Carroll William C sold 8,400 shares. Delta Air Lines, Inc shares valued at $554,534 were divested by the SVP, Fin & Controller at a price of $66.02 per share. As a result of the transaction, Carroll William C now holds 19,756 shares, worth roughly $1.33 million.
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 Friday, Delta Air Lines, Inc [NYSE:DAL] saw its stock fall -1.90% to $67.27. Over the last five days, the stock has gained 0.13%. Delta Air Lines, Inc shares have risen nearly 11.19% since the year began. Nevertheless, the stocks have risen 70.22% over the past one year. While a 52-week high of $69.98 was reached on 01/22/25, a 52-week low of $37.29 was recorded on 01/03/25. SMA at 50 days reached $63.69, while 200 days put it at $52.47.
Levels Of Support And Resistance For DAL Stock
The 24-hour chart illustrates a support level at 66.57, which if violated will result in even more drops to 65.88. On the upside, there is a resistance level at 68.59. A further resistance level may holdings at 69.92. The Relative Strength Index (RSI) on the 14-day chart is 58.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.75%. Stochastics %K at 74.23% 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.
