Delta Air Lines Inc (NYSE:DAL), a major American airline, with its headquarters and largest hub at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, has seen a recent insider transaction. According to a SEC Filing on February 27, 2024, the company's EVP & Chief People Officer, Joanne Smith, sold 4,876 shares of the company.
Over the past year, the insider has sold a total of 24,809 shares and has not made any purchases of the company's stock. This latest transaction continues the trend of insider sales for the airline.
The insider transaction history for Delta Air Lines Inc shows a pattern of more insider sales than buys over the past year, with 10 insider sells and 5 insider buys recorded.
In terms of valuation, shares of Delta Air Lines Inc were trading at $42.02 on the day of the insider's recent sale. The company has a market capitalization of $27.193 billion. The price-earnings ratio stands at 5.91, which is below both the industry median of 13.83 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is 0.84, with a GF Value of $50.03, indicating that Delta Air Lines Inc is considered modestly undervalued according to GuruFocus's intrinsic value estimate. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
