Possible Signal As Delta Air Lines Insiders Sell US$21m In Stock

Last week, Delta Air Lines, Inc.’s (NYSE:DAL) stock jumped 18%, but insiders who sold US$21m worth of stock in over the past year are likely to be in a better position. Selling at an average price of US$59.63, which is higher than the current price, may have been the best move for these insiders because their investment would have been worth less now than when they sold.

Although we don’t think shareholders should simply follow insider transactions, logic dictates you should pay some…