Delta Air Lines, Inc’s filing revealed that 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 $2.81 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 $1.91 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 -3.06% to $53.28. Over the last five days, the stock has lost -11.38%. Delta Air Lines, Inc shares have fallen nearly -11.93% since the year began. Nevertheless, the stocks have risen 27.46% 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 03/07/25. SMA at 50 days reached $63.59, while 200 days put it at $53.91.
Levels Of Support And Resistance For DAL Stock
The 24-hour chart illustrates a support level at 51.49, which if violated will result in even more drops to 49.71. On the upside, there is a resistance level at 54.70. A further resistance level may holdings at 56.13. The Relative Strength Index (RSI) on the 14-day chart is 29.17, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.67%. Stochastics %K at 15.38% 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.
