Sergio Rial Sells Shares of Delta Air Lines

Sergio Rial sold 1,272 shares of Delta Air Lines on June 18, 2026.

Editorial illustration for Delta Air Lines, Inc. (DAL)

Key Points

  • Sergio Rial sold 1,272 shares of Delta Air Lines valued at $107,076.96 on June 18, 2026.
  • Delta Air Lines has a market cap of $55.3 billion and a P/E ratio of 12.3, with shares trading near $84.18 on Tuesday.
  • BlackRock reduced its Delta stake by 600,312 shares, while Vanguard Capital and Berkshire Hathaway opened new positions.

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Sergio Rial, an insider at Delta Air Lines, Inc. (NYSE: DAL), sold 1,272 shares of the company on June 18, 2026. The shares were sold at an average price of $84.18, totaling $107,076.96. This transaction was not part of a pre-arranged trading plan.

Other Institutional Activity in Delta Air Lines

BlackRock, Inc. reduced its holdings in Delta Air Lines by 600,312 shares, ending with 44,124,774 shares valued at about $2.93 billion. Vanguard Capital Management LLC and Berkshire Hathaway Inc. both opened new positions, with Vanguard holding 41,944,003 shares worth approximately $2.79 billion and Berkshire holding 39,809,456 shares valued at around $2.65 billion. Meanwhile, Sanders Capital, LLC trimmed its stake by 110,659 shares, holding 29,467,155 shares worth about $1.96 billion.

Delta Air Lines, Inc. Stock Up 7.3%

Shares of NYSE:DAL traded near $84.18 on Tuesday. Delta Air Lines has a market cap of $55.3 billion and a P/E ratio of 12.3. The stock's 52-week range is between $45.28 and $87.39, with a 50-day moving average of $74.22 and a 200-day moving average of $66.68. The company has a beta of 1.313, indicating a moderate level of volatility compared to the market.

Year to date

$DAL stock price

Daily closing prices, year to date. Not investment advice.

Recent Earnings

Delta Air Lines reported revenue of $65.2 billion, with a revenue growth rate of 12.9%. The company's earnings per share were $6.85, with a net margin of 6.87% and a return on equity of 24.99%. The next earnings report is expected on July 10, 2026.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

B- 72/100

Reported Apr 8, 2026

  1. Forward outlook

    4 target raises vs 1 cuts.

  2. EPS & revenue

    EPS beat estimates by 10.7%. Revenue beat estimates by 12.0%.

  3. Profit surprise

    EBITDA missed by 57 percent. Operating income missed sharply.

  4. Pre-earnings setup

    Bar was high, analysts already very bullish.

  5. Analyst signal

    4 target raises, 1 target cut.

  6. Earnings quality

    Gross margin up 7.2 points. Operating margin down 0.9 points. Positive free cash flow.

Earnings Call Summary

Delta delivered strong March quarter results with 15.9 billion dollars in revenue and 64 cents in earnings per share, beating expectations. Demand remains strong across corporate and leisure travel. However, jet fuel prices nearly doubled from earlier in the year, adding more than two billion dollars in fuel costs for the second quarter. The airline is reducing capacity in unprofitable flying and working to recapture forty to fifty percent of fuel price increases through higher ticket prices and fees.

Guidance Delta expects second quarter revenue to grow in the low teens, flat capacity versus last year. They plan an operating margin of six to eight percent and earnings of one dollar to one dollar fifty per share. Jet fuel prices are expected to average four dollars thirty per gallon, double last year's cost.

Slightly positive report. The quarter was acceptable, but the forward setup is not strong.

Dividend

Delta Air Lines pays an annual dividend rate of $0.75, yielding 0.89%. The dividend payout ratio stands at 10.4%.

Insider Buying and Selling at Delta Air Lines, Inc.

On June 18, 2026, several insiders, including Greg Creed, Willie CW Chiang, and Michael Huerta, each bought 2,380 shares of Delta Air Lines. These transactions were not part of pre-arranged trading plans.

Analysts Set New Price Targets

On June 22, 2026, B of A Securities maintained a 'buy' rating on Delta Air Lines with a price target of $93. Earlier, on June 17, Bernstein also maintained a 'buy' rating with a $93 target. The consensus among analysts is a 'strong buy' with a mean price target of $82.01.

About Delta Air Lines

Delta Air Lines, Inc. is a major airline based in Atlanta, Georgia. It offers scheduled air transportation for passengers and cargo across the United States and internationally. The company operates hubs in several major cities and has a fleet of approximately 1,314 aircraft. Delta also provides maintenance, repair, and overhaul services, and vacation packages. It was founded in 1924 and is led by CEO Edward H. Bastian.

Bottom Line

Sergio Rial's sale of Delta shares highlights ongoing insider activity, though it wasn't part of a planned sale. Investors closely watch these transactions for potential insights into company performance. Remember, these insider moves are disclosed after the fact and don't necessarily reflect current trading behavior.

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