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 $2.61 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 $1.77 million.
UBS upgraded its Delta Air Lines, Inc [DAL] rating to a Buy from a a Neutral 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 early April has reiterated a ‘”a Buy”‘ rating for it. UBS also remained covering DAL and has decreased its forecast on April 07, 2025 with a “Neutral” recommendation from previously “Buy” rating. Jefferies revised its rating on April 01, 2025. It rated DAL as “a Hold” which previously was an “a Buy”.
Price Performance Review of DAL
On Tuesday, Delta Air Lines, Inc [NYSE:DAL] saw its stock jump 3.09% to $49.40. Over the last five days, the stock has lost -3.50%. Delta Air Lines, Inc shares have fallen nearly -18.35% since the year began. Nevertheless, the stocks have fallen -4.23% 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 $44.71, while 200 days put it at $53.32.
Levels Of Support And Resistance For DAL Stock
The 24-hour chart illustrates a support level at 48.58, which if violated will result in even more drops to 47.75. On the upside, there is a resistance level at 50.18. A further resistance level may holdings at 50.95. The Relative Strength Index (RSI) on the 14-day chart is 56.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.38%. Stochastics %K at 44.46% indicates the stock is a holding.
The most recent change occurred on January 13, 2025 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $90.
