Fred Alger Management LLC Buys 34,206 Shares of Delta Air Lines, Inc. $DAL

NodeGuardian · 2026-03-16T11:16:04+00:00

Fred Alger Management increased its Delta Air Lines stake by 8.4%, acquiring 34,206 shares for a total of 439,286 shares valued at $24.93 million, amid insider selling. Analysts rate DAL as a "Moderate Buy" with a target price of $79.43, and a quarterly dividend of $0.1875 was announced.

NodeGuardian

2026-03-16 11:16:04

Abstract generation in progress

Fred Alger Management LLC increased its stake in Delta Air Lines by 8.4% in the third quarter, purchasing an additional 34,206 shares to bring its total to 439,286 shares valued at $24.93 million. This increase occurred despite significant insider selling from top executives. Analysts generally maintain a “Moderate Buy” rating for DAL, with a consensus price target of $79.43, and the company recently declared a quarterly dividend of $0.1875.

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