Delta Air Lines Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of DAL?
Owner Type	Number of Shares	Ownership Percentage
State or Government	839,377	0.131%
Individual Insiders	2,736,269	0.426%
General Public	101,641,034	15.8%
Institutions	536,420,410	83.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 56.44% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.3%	The Vanguard Group, Inc.	72,410,242	AR$4.1t	0.63%	0.06%
6.78%	BlackRock, Inc.	43,482,996	AR$2.5t	2.21%	0.04%
5.57%	Capital Research and Management Company	35,742,866	AR$2.0t	-6.69%	0.09%
4.64%	Sanders Capital, LLC	29,764,524	AR$1.7t	6.91%	2.19%
3.5%	State Street Global Advisors, Inc.	22,484,776	AR$1.3t	3.1%	0.04%
3.42%	PRIMECAP Management Company	21,932,007	AR$1.2t	-2.11%	0.86%
2.54%	Wellington Management Group LLP	16,284,496	AR$924.4b	-17.9%	0.14%
2.48%	Geode Capital Management, LLC	15,912,584	AR$903.3b	2.65%	0.06%
1.73%	Dimensional Fund Advisors LP	11,090,209	AR$629.5b	0.84%	0.09%
1.59%	Morgan Stanley, Investment Banking and Brokerage Investments	10,188,626	AR$578.4b	11.8%	0.06%
1.53%	Newport Trust Company, Asset Management Arm	9,841,922	AR$558.7b	-5.6%	1.91%
1.53%	Harris Associates L.P.	9,820,652	AR$557.5b	-22.2%	0.63%
1.29%	FMR LLC	8,264,954	AR$469.2b	34.9%	0.03%
0.85%	GMT Capital Corp.	5,461,600	AR$310.0b	-17%	10.5%
0.84%	Boston Partners Global Investors, Inc.	5,392,592	AR$306.1b	409,000%	0.18%
0.81%	Northern Trust Global Investments	5,182,789	AR$294.2b	9.45%	0.04%
0.79%	UBS Asset Management AG	5,054,964	AR$286.9b	70.9%	0.02%
0.77%	Pzena Investment Management, Inc.	4,932,270	AR$280.0b	-10.9%	0.47%
0.75%	Invesco Capital Management LLC	4,803,559	AR$272.7b	-5.21%	0.09%
0.74%	Castle Hook Partners LP	4,746,535	AR$269.4b	27.4%	5.74%
0.69%	Par Capital Management, Inc.	4,455,000	AR$252.9b	0%	7.64%
0.6%	Eaton Vance Management	3,828,728	AR$217.3b	13.5%	0.05%
0.59%	JP Morgan Asset Management	3,790,898	AR$215.2b	-1.68%	0.02%
0.57%	Candlestick Capital Management LP	3,670,452	AR$208.3b	60.2%	7.49%
0.56%	Charles Schwab Investment Management, Inc.	3,597,589	AR$204.2b	2.86%	0.03%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/10 17:37
End of Day Share Price	2025/03/10 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Delta Air Lines, Inc. is covered by 45 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John Staszak	Argus Research Company
Lindsay Bettiol	Atlantic Equities LLP
Fred Lowrance	Avondale Partners