New insider activity at Delta Air Lines ( (DAL) ) has taken place on February 5, 2025.
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William C. Carroll, the Senior Vice President of Finance and Controller at Delta Air Lines, has recently sold 6,783 shares of the company’s stock. This transaction is valued at $447,271, highlighting a significant movement in the executive’s holdings.
Recent Updates on DAL stock
In recent developments, Delta Air Lines reported record-breaking profits for the December quarter with a pretax profit of $1.6 billion, reflecting a significant financial performance improvement. This strong performance, coupled with strategic partnerships with YouTube and Uber, has generated optimism about Delta’s future growth prospects. The restoration of its investment-grade rating by major credit agencies further underscores confidence in its financial stability. Although Delta faced challenges such as the impact of wildfires in Southern California and icy conditions in the Gulf Coast, it remains resilient. The company’s strategic focus on enhancing customer experience through Delta Sync and other innovations, alongside robust premium and loyalty revenue growth, supports its positive financial outlook. Delta’s guidance for 2025 anticipates substantial revenue and profit growth, driven by strong demand and operational excellence.
More about Delta Air Lines
YTD Price Performance: 12.54%
Average Trading Volume: 7,751,747
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $42.9B