Delta Air Lines (NYSE:DAL) EVP Alain Bellemare Sells 35,000 Shares of Stock

Posted by Francis Steltz on Aug 6th, 2026

Delta Air Lines, Inc. (NYSE:DAL – Get Free Report) EVP Alain Bellemare sold 35,000 shares of Delta Air Lines stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $92.72, for a total transaction of $3,245,200.00. Following the completion of the sale, the executive vice president owned 95,025 shares in the company, valued at approximately $8,810,718. This trade represents a 26.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Alain Bellemare also recently made the following trade(s):

On Wednesday, May 27th, Alain Bellemare sold 25,000 shares of Delta Air Lines stock. The stock was sold at an average price of $81.44, for a total transaction of $2,036,000.00.
On Thursday, May 7th, Alain Bellemare sold 20,621 shares of Delta Air Lines stock. The stock was sold at an average price of $72.75, for a total transaction of $1,500,177.75.

Delta Air Lines Stock Up 0.4%

DAL opened at $93.13 on Thursday. The company has a market cap of $61.24 billion, a PE ratio of 15.44, a price-to-earnings-growth ratio of 1.17 and a beta of 1.31. Delta Air Lines, Inc. has a twelve month low of $52.88 and a twelve month high of $95.68. The company has a 50-day moving average price of $86.10 and a 200 day moving average price of $74.62. The company has a quick ratio of 0.35, a current ratio of 0.42 and a debt-to-equity ratio of 0.48.

Delta Air Lines (NYSE:DAL – Get Free Report) last posted its quarterly earnings data on Thursday, July 9th. The transportation company reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.07. Delta Air Lines had a return on equity of 17.52% and a net margin of 5.79%.The company had revenue of $17.67 billion for the quarter, compared to analysts’ expectations of $17.43 billion. During the same period in the previous year, the firm posted $2.10 EPS. Delta Air Lines’s revenue was up 18.7% compared to the same quarter last year. Sell-side analysts expect that Delta Air Lines, Inc. will post 6.54 earnings per share for the current fiscal year.

Delta Air Lines Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th were issued a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, July 9th. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. Delta Air Lines’s payout ratio is 14.26%.

Key Delta Air Lines News

Here are the key news stories impacting Delta Air Lines this week:

Positive Sentiment: Crude oil prices fell for a second consecutive session, potentially lowering jet-fuel expenses and improving Delta’s profit margins if the decline persists. Lower energy costs could also ease inflationary pressure and support travel demand. Oil Just Lost its Inflation Premium: Here’s Who Wins if Prices Stay Low
Positive Sentiment: Zacks highlighted DAL as a strong momentum stock, reflecting its recent price performance and improving investor interest. Momentum support may attract additional buying, although it does not by itself establish a change in Delta’s fundamentals. Here’s Why Delta Air Lines Is a Strong Momentum Stock
Neutral Sentiment: A commentary article presents a contrarian view that higher fuel costs could potentially create benefits for Delta under certain industry or pricing conditions. However, the thesis is less immediately favorable than falling fuel prices and highlights uncertainty around fuel-cost exposure. Delta Air Lines: Higher Fuel Costs Might Produce Surprising Gains
Neutral Sentiment: United Airlines CEO Scott Kirby’s reported merger approaches to Delta and American were rejected. Avoiding a major merger may limit near-term industry disruption for Delta, though United’s focus on fleet innovation could increase competitive pressure over time. Rejected but Not Retreating: United’s Future Lies in Fleet Innovation, Not M&A

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on DAL shares. HSBC lowered their price objective on Delta Air Lines from $80.20 to $79.30 and set a “buy” rating on the stock in a research note on Thursday, April 9th. Weiss Ratings upgraded Delta Air Lines from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, July 21st. Jefferies Financial Group boosted their price target on shares of Delta Air Lines from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, July 10th. TD Cowen upped their price objective on shares of Delta Air Lines from $106.00 to $112.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Finally, Raymond James Financial lowered shares of Delta Air Lines from a “strong-buy” rating to an “outperform” rating and upped their price objective for the company from $80.00 to $104.00 in a report on Monday, July 6th. Twenty-three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $100.40.

Check Out Our Latest Analysis on DAL

Hedge Funds Weigh In On Delta Air Lines

A number of hedge funds have recently modified their holdings of DAL. Accel Wealth Management purchased a new position in shares of Delta Air Lines during the 2nd quarter worth $204,000. Tema ETFs LLC raised its holdings in Delta Air Lines by 10.2% in the 2nd quarter. Tema ETFs LLC now owns 12,545 shares of the transportation company’s stock valued at $1,175,000 after buying an additional 1,160 shares during the period. Revolve Wealth Partners LLC acquired a new position in Delta Air Lines in the second quarter valued at about $1,379,000. Arbor Wealth Advisors LLC acquired a new position in Delta Air Lines in the second quarter valued at about $234,000. Finally, Great Waters Wealth Management boosted its stake in Delta Air Lines by 6.8% during the second quarter. Great Waters Wealth Management now owns 6,944 shares of the transportation company’s stock worth $650,000 after buying an additional 442 shares during the period. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

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.