Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Delta Air Lines, Inc shares valued at $1,241,361 were purchased by Samant Rahul D on Feb 05 ’25. At $69.08 per share, Samant Rahul D acquired 17,970 shares.
Also, Carroll William C sold 6,783 shares, netting a total of over 447,285 in proceeds. Following the sale of shares at $65.94 each, the insider now holds 10,016 shares.
Before that, Bastian Edward H had sold 91,710 shares from its account. In a trade valued at $6,405,943, the Chief Executive Officer traded Delta Air Lines, Inc shares for $69.85 each. Upon closing the transaction, the insider’s holdings decreased to 91,710 shares, worth approximately $30.37 million.
As published in a research note from TD Cowen on January 13, 2025, Delta Air Lines, Inc [DAL] has been retained to a Buy and the price target has been revised to $90. Earlier on November 12, 2024, TD Cowen resumed 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 0.92%. Over the course of the year, Delta Air Lines, Inc shares have jumped approximately 14.15%. Shares of the company reached a 52-week high of $69.98 on 01/22/25 and a 52-week low of $56.73 on 01/03/25. A 50-day SMA is recorded $63.95, while a 200-day SMA reached $52.78. Nevertheless, trading volume fell to 5.46 million shares from 7.79 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 68.24, which, if violated, would cause prices to drop to 67.41. In the upper region, resistance lies at 69.67. The next price resistance is at 70.27. RSI (Relative Strength Index) is 63.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.55, which suggests the price will decrease in the coming days. Percent R is at 17.90%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
