Delta Air Lines Reports $30K in Lobbying Expenses for Q4 2024
In a recent filing under the Lobbying Disclosure Act, Delta Air Lines disclosed spending $30,000 on lobbying in the fourth quarter of 2024. This lobbying focused on issues including:
“Legislation related to general aviation.”
For more information regarding corporate lobbying, visit Quiver Quantitative.
Congressional Trades Involving DAL Stock
In the last six months, members of Congress have executed one trade involving $DAL stock. Notably, there have been no purchases, only a sale.
Here’s a brief summary of the recent congressional trading activity concerning $DAL over the past six months:
For insights into congressional stock trading, check Quiver Quantitative’s trading dashboard.
Recent Insider Trading at Delta Air Lines
Over the past six months, Delta Air Lines insiders have traded $DAL stock a total of 15 times. Of those activities, one was a purchase while 14 were sales.
A look at recent insider trades reveals:
- JOANNE D SMITH (EVP & Chief People Officer) executed three trades, selling 27,298 shares without any purchases.
- WILLIAM C CARROLL (SVP, Fin & Controller) sold 21,530 shares.
- RAHUL D SAMANT (EVP & Chief Info Officer) also had three trades, selling 38,600 shares and making no purchases.
- ALLISON C AUSBAND (EVP & Chief Cust Exper Officer) sold 7,510 shares.
- GLEN W HAUENSTEIN (President) traded twice, selling a total of 115,000 shares.
- STEVEN M SEAR (EVP – Global Sales & Distribution) sold 10,279 shares.
- EDWARD H BASTIAN (Chief Executive Officer) sold 68,000 shares.
- ALAIN BELLEMARE (EVP & Pres. – International) sold 19,490 shares.
- PETER W CARTER (EVP – External Affairs) sold 18,100 shares.
- WILLIE CW CHIANG made a notable purchase of 10,000 shares.
For ongoing tracking of insider trades, explore Quiver Quantitative’s insider trading dashboard.
Hedge Fund Activity with DAL Stock
Recent reports show that 488 institutional investors have increased their holdings of DAL stock, while 518 have reduced their shares in the last quarter.
Some key actions taken by institutional investors include:
- PZENA INVESTMENT MANAGEMENT LLC added 5,536,640 shares (+inf%) in Q3 2024.
- CASTLE HOOK PARTNERS LP increased their holdings by 3,727,037 shares (+inf%) in Q3 2024.
- AQR CAPITAL MANAGEMENT LLC boosted their portfolio with 3,666,549 shares (+471.6%) in Q3 2024.
- SLATE PATH CAPITAL LP added 2,370,000 shares (+57.6%) in Q3 2024.
- SILVERCREST ASSET MANAGEMENT GROUP LLC reduced their shares by 2,122,474 (-51.7%) in Q3 2024.
- WELLINGTON MANAGEMENT GROUP LLP decreased their holding by 2,072,672 shares (-9.5%) in Q3 2024.
- BALYASNY ASSET MANAGEMENT L.P. trimmed their position by 1,998,856 shares (-79.6%) in Q3 2024.
To examine the current portfolios of hedge funds, visit Quiver Quantitative’s institutional holdings dashboard.
This article does not constitute financial advice. For further details, refer to Quiver Quantitative’s disclaimers.
Originally published on Quiver News; read the full story.
The views and opinions in this article are those of the author and do not necessarily reflect those of Nasdaq, Inc.
