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 $2.16 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 $1.47 million.
TD Cowen reiterated its Delta Air Lines, Inc [DAL] rating to a Buy in a research note published on April 10, 2025; the price target was $50. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “a Neutral”. Jefferies also remained covering DAL and has decreased its forecast on April 01, 2025 with a “Hold” recommendation from previously “Buy” rating. TD Cowen maintained its rating on January 13, 2025. It rated DAL as “a Buy”.
Price Performance Review of DAL
On Thursday, Delta Air Lines, Inc [NYSE:DAL] saw its stock jump 0.64% to $40.85. Over the last five days, the stock has gained 3.79%. Delta Air Lines, Inc shares have fallen nearly -32.48% since the year began. Nevertheless, the stocks have fallen -12.24% over the past one year. While a 52-week high of $69.98 was reached on 01/22/25, a 52-week low of $34.74 was recorded on 04/04/25. SMA at 50 days reached $51.35, while 200 days put it at $53.00.
Levels Of Support And Resistance For DAL Stock
The 24-hour chart illustrates a support level at 40.30, which if violated will result in even more drops to 39.75. On the upside, there is a resistance level at 41.31. A further resistance level may holdings at 41.76. The Relative Strength Index (RSI) on the 14-day chart is 41.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.37%. Stochastics %K at 52.49% 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 2025-03-31, dropping by -3.48 million shares to a total of 23.01 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 26.48 million shares. There was a decline of -15.11%, which implies that there is a negative sentiment for the stock.
