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 $1.97 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 $1.34 million.
Jefferies downgraded its Delta Air Lines, Inc [DAL] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid January has reiterated a ‘”a Buy”‘ rating for it.
Price Performance Review of DAL
On Friday, Delta Air Lines, Inc [NYSE:DAL] saw its stock fall -3.77% to $37.25. Over the last five days, the stock has lost -15.03%. Delta Air Lines, Inc shares have fallen nearly -38.43% since the year began. Nevertheless, the stocks have fallen -20.01% 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 04/04/25. SMA at 50 days reached $56.37, while 200 days put it at $53.39.
Levels Of Support And Resistance For DAL Stock
The 24-hour chart illustrates a support level at 35.39, which if violated will result in even more drops to 33.53. On the upside, there is a resistance level at 38.45. A further resistance level may holdings at 39.66. The Relative Strength Index (RSI) on the 14-day chart is 22.91, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.51%. Stochastics %K at 15.05% indicates the stock is a buying.
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 2025-03-14, dropping by -5.33 million shares to a total of 21.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 26.41 million shares. There was a decline of -25.27%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 12, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $75.
