InvestorsKeyhole Insider Activity

Insider Activity: Large Investor in Delta Air Lines (DAL) Buys $265 Million in Stock

Berkshire Hathaway Inc, who already control 10% of shares at Delta Air Lines (DAL), bought 5,368,956 shares of the company’s common stock on Mar. 6. At $49.40 per share, Berkshire Hathaway paid a total of $265,234,149 for the new shares.

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About Delta Air Lines Inc.

Atlanta-based Delta Air Lines is one of the world's largest airlines, flying to more than 325 destinations in 60 countries. Delta operates a hub-and-spoke system, where it gathers and distributes passengers across the globe through key locations in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta generated just over $41 billion in revenue during 2017 and operated a mainline fleet of 856 aircraft at year-end 2017.

  • Last Price:
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    $-0.06 (-0.10%)
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  • Market Capitalization:
    $38.1 B
  • Day's Range:
    $58.49 - $59.18
  • Dividend Yield:
  • 52-week Range:
    $63 - $45.08
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  • Sector:
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  • Analyst Average Recommendation:
    Moderate Buy

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