In a filing, Delta Air Lines, Inc revealed its EVP & Chief Info Officer Samant Rahul D unloaded Company’s shares for reported $2.47 million on Feb 11 ’25. In the deal valued at $64.89 per share,38,023 shares were sold. As a result of this transaction, Samant Rahul D now holds 52,789 shares worth roughly $3.25 million.
Then, Samant Rahul D bought 38,023 shares, generating $2,467,448 in total proceeds.
Before that, Samant Rahul D sold 17,970 shares. Delta Air Lines, Inc shares valued at $1,241,364 were divested by the EVP & Chief Info Officer at a price of $69.08 per share. As a result of the transaction, Samant Rahul D now holds 35,889 shares, worth roughly $2.21 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 jump 2.48% to $61.49. Over the last five days, the stock has lost -5.96%. Delta Air Lines, Inc shares have risen nearly 1.64% since the year began. Nevertheless, the stocks have risen 50.86% 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 $64.19, while 200 days put it at $53.67.
Levels Of Support And Resistance For DAL Stock
The 24-hour chart illustrates a support level at 60.39, which if violated will result in even more drops to 59.29. On the upside, there is a resistance level at 62.44. A further resistance level may holdings at 63.39. The Relative Strength Index (RSI) on the 14-day chart is 40.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.98%. Stochastics %K at 17.90% indicates the stock is a buying.
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.
