On October 17, 2024, Rahul Samant, Executive Vice President & Chief Information Officer of Delta Air Lines Inc (DAL, Financial), sold 10,000 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 74,163 shares of the company.
Delta Air Lines Inc operates as one of the major American airlines. The company's business includes domestic and international passenger flights, cargo transport, and other airline-related services.
Shares of Delta Air Lines Inc were priced at $55.48 on the day of the sale. The company's market cap is approximately $36.01 billion. The price-earnings ratio stands at 7.75, which is below both the industry median of 14.32 and the company's historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $46.52, making the current price-to-GF-Value ratio 1.19. This suggests that the stock is Modestly Overvalued.
Over the past year, the insider transaction history for Delta Air Lines Inc shows a total of 4 insider buys and 13 insider sells. The insider, Rahul Samant, has sold 10,000 shares and purchased 0 shares over the same period.
This insider activity occurs amidst a backdrop of valuation metrics such as the price-sales ratio, price-book ratio, and price-to-free cash flow, which are calculated based on historical trading multiples, adjustments for past returns and growth, and future business performance estimates from 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.
