Insider Selling: Delta Air Lines (NYSE:DAL) SVP Sells 5,967 Shares of Stock

Delta Air Lines, Inc. (NYSE:DALGet Free Report) SVP William Carroll sold 5,967 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $68.10, for a total value of $406,352.70. Following the sale, the senior vice president directly owned 7,182 shares in the company, valued at approximately $489,094.20. This represents a 45.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Delta Air Lines Stock Up 2.0%

Shares of NYSE:DAL traded up $1.39 during midday trading on Tuesday, reaching $70.47. 9,830,548 shares of the company were exchanged, compared to its average volume of 8,369,428. The stock has a fifty day simple moving average of $68.83 and a two-hundred day simple moving average of $61.99. The firm has a market cap of $46.02 billion, a PE ratio of 9.19, a P/E/G ratio of 0.64 and a beta of 1.38. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. Delta Air Lines, Inc. has a fifty-two week low of $34.74 and a fifty-two week high of $73.16.

Delta Air Lines (NYSE:DALGet Free Report) last posted its quarterly earnings data on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.02. The company had revenue of $14.61 billion during the quarter, compared to analysts’ expectations of $15.80 billion. Delta Air Lines had a return on equity of 20.99% and a net margin of 7.90%.Delta Air Lines’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.85 earnings per share. Delta Air Lines has set its Q1 2026 guidance at 0.500-0.900 EPS and its FY 2026 guidance at 6.500-7.500 EPS. As a group, sell-side analysts forecast that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

Institutional Trading of Delta Air Lines

A number of institutional investors have recently bought and sold shares of the company. Wellington Management Group LLP grew its holdings in Delta Air Lines by 54.8% in the third quarter. Wellington Management Group LLP now owns 5,817,783 shares of the transportation company’s stock worth $330,159,000 after purchasing an additional 2,058,744 shares during the period. Vanguard Group Inc. lifted its position in shares of Delta Air Lines by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock worth $3,667,479,000 after buying an additional 1,648,071 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Delta Air Lines by 23.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company’s stock worth $434,813,000 after buying an additional 1,447,058 shares during the last quarter. Marshall Wace LLP lifted its position in shares of Delta Air Lines by 16,044.7% during the 3rd quarter. Marshall Wace LLP now owns 1,263,320 shares of the transportation company’s stock valued at $71,693,000 after buying an additional 1,255,495 shares during the last quarter. Finally, Ninety One UK Ltd grew its stake in shares of Delta Air Lines by 23.6% during the 3rd quarter. Ninety One UK Ltd now owns 3,860,710 shares of the transportation company’s stock worth $219,095,000 after acquiring an additional 736,342 shares during the period. Institutional investors own 69.93% of the company’s stock.

Wall Street Analysts Forecast Growth

DAL has been the subject of a number of recent research reports. UBS Group reduced their price objective on shares of Delta Air Lines from $90.00 to $87.00 and set a “buy” rating for the company in a research note on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Delta Air Lines in a report on Wednesday, January 21st. Citigroup reissued a “buy” rating on shares of Delta Air Lines in a report on Wednesday, January 7th. Bank of America upped their target price on Delta Air Lines from $74.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Finally, Jefferies Financial Group increased their price objective on shares of Delta Air Lines from $72.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $80.47.

Get Our Latest Research Report on DAL

Delta Air Lines Company Profile

(Get Free Report)

Delta Air Lines is a major U.S.-based global airline that provides scheduled passenger and cargo air transportation, aircraft maintenance and repair services, and related travel products. Its operations include mainline domestic and international passenger services, a branded regional network operating under the Delta Connection name, dedicated air cargo carriage, and in-house maintenance, repair and overhaul through Delta TechOps. Delta offers a range of cabin products for different customer segments, including premium business-class service on long-haul routes and tiered economy offerings on domestic and international flights, and it markets customer loyalty benefits through the SkyMiles frequent-flyer program.

The carrier operates a mixed fleet of narrow- and wide-body aircraft from multiple U.S.

Further Reading

Insider Buying and Selling by Quarter for Delta Air Lines (NYSE:DAL)

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