Delta Air Lines, Inc’s recently made public 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 $2.47 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 $1.68 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 -0.38% to $46.77. Over the last five days, the stock has gained 0.04%. Delta Air Lines, Inc shares have fallen nearly -22.69% since the year began. Nevertheless, the stocks have risen 6.93% 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 03/13/25. SMA at 50 days reached $60.77, while 200 days put it at $53.68.
Levels Of Support And Resistance For DAL Stock
The 24-hour chart illustrates a support level at 45.77, which if violated will result in even more drops to 44.76. On the upside, there is a resistance level at 47.37. A further resistance level may holdings at 47.96. The Relative Strength Index (RSI) on the 14-day chart is 31.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.44%. Stochastics %K at 26.09% 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 2025-02-28, growing by 0.9 million shares to a total of 26.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 25.58 million shares. There was a rise of 3.41%, 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.
