Insider Selling: Delta Air Lines (NYSE:DAL) President Sells 39,900 Shares of Stock

Posted by Brenda Bartman on Aug 5th, 2026

Delta Air Lines, Inc. (NYSE:DAL – Get Free Report) President Peter Carter sold 39,900 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $92.98, for a total value of $3,709,902.00. Following the transaction, the president owned 424,704 shares in the company, valued at approximately $39,488,977.92. This trade represents a 8.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Delta Air Lines Stock Performance

NYSE:DAL traded up $0.36 during mid-day trading on Wednesday, hitting $93.13. 5,025,014 shares of the stock were exchanged, compared to its average volume of 9,359,144. The firm’s 50-day simple moving average is $85.87 and its 200 day simple moving average is $74.47. The stock has a market capitalization of $61.24 billion, a price-to-earnings ratio of 15.44, a price-to-earnings-growth ratio of 1.15 and a beta of 1.31. Delta Air Lines, Inc. has a fifty-two week low of $52.88 and a fifty-two week high of $95.68. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.35 and a current ratio of 0.42.

Delta Air Lines (NYSE:DAL – Get Free Report) last issued its quarterly earnings data on Thursday, July 9th. The transportation company reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.07. The firm had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.43 billion. Delta Air Lines had a return on equity of 17.52% and a net margin of 5.79%.The company’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.10 EPS. As a group, equities analysts anticipate that Delta Air Lines, Inc. will post 6.54 EPS for the current fiscal year.

Delta Air Lines Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Thursday, July 9th were paid a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 0.9%. This is a boost from Delta Air Lines’s previous quarterly dividend of $0.19. The ex-dividend date was Thursday, July 9th. Delta Air Lines’s dividend payout ratio is currently 14.26%.

Analysts Set New Price Targets

Several analysts have weighed in on DAL shares. Zacks Research upgraded shares of Delta Air Lines from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 15th. BMO Capital Markets raised their target price on shares of Delta Air Lines from $80.00 to $105.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Wells Fargo & Company lifted their price target on shares of Delta Air Lines from $75.00 to $105.00 and gave the company an “overweight” rating in a research report on Tuesday, June 30th. Weiss Ratings upgraded Delta Air Lines from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 21st. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Delta Air Lines in a research report on Monday. Twenty-three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $100.40.

View Our Latest Report on Delta Air Lines

Institutional Investors Weigh In On Delta Air Lines

A number of large investors have recently bought and sold shares of the company. Capital International Investors increased its holdings in Delta Air Lines by 4.4% in the 4th quarter. Capital International Investors now owns 24,211,101 shares of the transportation company’s stock valued at $1,680,249,000 after buying an additional 1,012,265 shares during the period. State Street Corp lifted its holdings in shares of Delta Air Lines by 0.7% during the 4th quarter. State Street Corp now owns 23,163,644 shares of the transportation company’s stock worth $1,607,557,000 after acquiring an additional 165,729 shares during the period. Geode Capital Management LLC boosted its position in shares of Delta Air Lines by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 17,413,841 shares of the transportation company’s stock worth $1,215,766,000 after acquiring an additional 202,865 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of Delta Air Lines by 137.4% during the 4th quarter. Wellington Management Group LLP now owns 13,811,787 shares of the transportation company’s stock worth $958,538,000 after acquiring an additional 7,994,004 shares in the last quarter. Finally, Morgan Stanley boosted its position in shares of Delta Air Lines by 0.5% during the 4th quarter. Morgan Stanley now owns 12,310,804 shares of the transportation company’s stock worth $854,370,000 after acquiring an additional 56,455 shares in the last quarter. 69.93% of the stock is currently owned by institutional investors and hedge funds.

About Delta Air Lines

(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.