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Delta Air Lines Inc. (DAL) Senior Vice President & CFO Hank Halter sells 7,149 Shares

Feb 02, 2012 | About:
insider
insider
Senior Vice President & CFO of Delta Air Lines Inc. (DAL) Hank Halter sells 7,149 shares of DAL on 02/01/2012 at an average price of $11 a share.

Delta Air Lines has a market cap of $9.23 billion; its shares were traded at around $10.9 with a P/E ratio of 7.6 and P/S ratio of 0.3.

CFO Recent Trades:


  • Senior Vice President & CFO Hank Halter sold 20,000 shares of DAL stock on 01/30/2012 at the average price of 10.75. Hank Halter owns at least 143,065 shares after this. The price of the stock has increased by 1.4% since.
  • Senior Vice President & CFO Hank Halter sold 20,000 shares of DAL stock on 01/26/2012 at the average price of 10.38. Hank Halter owns at least 163,065 shares after this. The price of the stock has increased by 5.01% since.

This is the insider trade history vs. stock price of DAL. For the complete insider trading history of DAL, click here.




Directors and Officers Recent Trades:


  • EVP-Mktg, Ntwk Plng & Rev Mgmt Glen W Hauenstein sold 50,904 shares of DAL stock on 01/26/2012 at the average price of 10.4. Glen W Hauenstein owns at least 195,089 shares after this. The price of the stock has increased by 4.81% since.
  • President Edward H Bastian sold 75,000 shares of DAL stock on 12/20/2011 at the average price of 8.63. Edward H Bastian owns at least 419,882 shares after this. The price of the stock has increased by 26.3% since.
  • President Edward H Bastian sold 25,000 shares of DAL stock on 11/02/2011 at the average price of 8.26. Edward H Bastian owns at least 494,882 shares after this. The price of the stock has increased by 31.96% since.


For the complete insider trading history of DAL, click here.

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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