Business

Caxton Associates LP Has $3.92 Million Holdings in Delta Air Lines, Inc. (DAL)

Caxton Associates LP trimmed its position in shares of Delta Air Lines, Inc. (NYSE:DAL) by 58.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,000 shares of the transportation company’s stock after selling 100,400 shares during the quarter. Caxton Associates LP’s holdings in Delta Air Lines were worth $3,920,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. First Republic Investment Management Inc. lifted its holdings in shares of Delta Air Lines by 13.5% in the third quarter. First Republic Investment Management Inc. now owns 215,189 shares of the transportation company’s stock valued at $10,376,000 after purchasing an additional 25,549 shares in the last quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH lifted its stake in shares of Delta Air Lines by 253.3% during the third quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 334,696 shares of the transportation company’s stock valued at $16,219,000 after buying an additional 239,959 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Delta Air Lines by 4.6% during the third quarter. Principal Financial Group Inc. now owns 2,594,341 shares of the transportation company’s stock valued at $125,099,000 after buying an additional 114,863 shares during the period. Sowell Financial Services LLC lifted its stake in shares of Delta Air Lines by 26.4% during the third quarter. Sowell Financial Services LLC now owns 10,951 shares of the transportation company’s stock valued at $551,000 after buying an additional 2,290 shares during the period. Finally, Westpac Banking Corp lifted its stake in shares of Delta Air Lines by 16.5% during the fourth quarter. Westpac Banking Corp now owns 134,522 shares of the transportation company’s stock valued at $7,533,000 after buying an additional 19,031 shares during the period. Institutional investors and hedge funds own 87.57% of the company’s stock.

In other Delta Air Lines news, CFO Paul A. Jacobson sold 49,362 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $60.20, for a total transaction of $2,971,592.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director George N. Mattson bought 10,000 shares of the stock in a transaction on Thursday, February 8th. The shares were bought at an average cost of $51.89 per share, for a total transaction of $518,900.00. Following the purchase, the director now owns 66,510 shares in the company, valued at approximately $3,451,203.90. The disclosure for this purchase can be found here. In the last three months, insiders have sold 164,250 shares of company stock worth $9,618,000. 0.37% of the stock is owned by corporate insiders.

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