Insider Trading Watch List: Delta Air Lines, Inc. $DAL

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Delta Air Lines, Inc. (NYSE:DAL) insider have most recently took part in a trading activity. On Jan 12, 2018 Blake Francis S, Director bought 3,350 shares having total worth of $200,196 at the price of $59.76 per share, following the transaction a total of 36,570 shares owned by Blake Francis S. Before this latest buy, Blake Francis S purchased DAL at 1 other times during the past twelve months, for a total investment of $249,940 at an average of $44.12 per share.

The stock has experienced a total of 9 insider trades in the past three months. These trades include 9 sell activities .Furthermore, over the past 12 months , the stock was traded 26 times by insiders. In 23 of these trades, the insider was a seller while an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 9 23.18%
12 Month 3 23 42.69%

Delta Air Lines, Inc. (NYSE:DAL) last announced its earnings results on Jan 11, 2018. The company reported 0.00 earnings per share (EPS) for the quarter. During the same quarter in the previous year, the company posted 0.82 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2018-01-11 2017-10-11 2017-07-13 2017-04-12 2017-01-12 2016-10-13 2016-07-14 2016-04-14 2016-01-19 2015-10-14
earnings per share 0.00 1.57 1.64 0.77 0.82 1.70 1.47 1.32 1.18 1.74
Revenue(M) 0 11060 10791 9148 9458 10483 10447 9251 9502 11107

Delta Air Lines, Inc. was incorporated under the laws of the State of Delaware. The Company operates as an airline, providing scheduled air transportation for passengers and cargo throughout the United States and around the world. On October 29, 2008, a subsidiary of the Company merged with and into Northwest Airlines Corporation ‘Northwest’. As a result of this merger, Northwest and its subsidiaries, including Northwest Airlines, Inc. ‘NWA’, became wholly-owned subsidiaries of Delta. The Company’s global route network is centered on the hub system. It operates at airports in Atlanta, Cincinnati, Detroit, Memphis, Minneapolis/St. Paul, New York-JFK, Salt Lake City, Amsterdam and Tokyo-Narita. Each of these hub operations includes flights that gather and distribute traffic from markets in the geographic region surrounding the hub to domestic and international cities and to other hubs. The Company and NWA both have frequent flyer programs, which are designed to retain and increase traveler loyalty by offering incentives to customers to increase travel on each airline. Delta’s SkyMiles(r) program allows program members to earn mileage for travel awards by flying on it. Mileage credit might also be earned by using certain services offered by program participants, such as credit card companies, hotels, car rental agencies, telecommunication services and internet services. Through the strength of its global network, it is able to connect all of the world’s major freight gateways. The Company’s maintenance, repair and overhaul ‘MRO’ operations known as Delta TechOps is an airline MRO in North America with state-of-the-art facilities worldwide. In addition to providing maintenance and engineering support for the combined Delta and NWA fleets of nearly 800 aircraft, Delta TechOps serves more than 125 aviation and airline customers from around the world. In particular, it faces significant competition at its hub airports in Atlanta, Cincinnati, Detroit, Memphis, Minneapolis/St. Paul, New York-JFK, Salt Lake City, Amsterdam and Tokyo-Narita either directly at those airports or at the hubs of other airlines that are located in close proximity to its hubs. The DOT and the Federal Aviation Administration ‘FAA’ exercise regulatory authority over air transportation in the U.S. The DOT has authority to issue certificates of public convenience and necessity required for airlines to provide domestic air transportation. The U.S. Environmental Protection Agency the ‘EPA’ is authorized to regulate aircraft emissions and has historically implemented emissions control standards previously adopted by the International Civil Aviation Organization ‘ICAO’. The Company’s aircraft comply with the existing EPA standards as applicable by engine design date.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.