JetBlue Airways Corporation (NASDAQ:JBLU) Director Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $18.45, for a total transaction of $94,464.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Joel Clinton Peterson also recently made the following trade(s):

  • On Friday, September 1st, Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock. The shares were sold at an average price of $19.87, for a total transaction of $101,734.40.
  • On Tuesday, August 1st, Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock. The shares were sold at an average price of $22.00, for a total transaction of $112,640.00.

JetBlue Airways Corporation (NASDAQ:JBLU) traded down 1.03% on Thursday, reaching $19.13. The company had a trading volume of 1,649,159 shares. The stock has a market capitalization of $6.29 billion, a P/E ratio of 9.71 and a beta of 0.59. The stock’s 50-day moving average price is $19.39 and its 200-day moving average price is $21.34. JetBlue Airways Corporation has a 12-month low of $16.85 and a 12-month high of $24.13.

JetBlue Airways Corporation (NASDAQ:JBLU) last announced its quarterly earnings data on Tuesday, July 25th. The transportation company reported $0.64 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.08. The company had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.82 billion. JetBlue Airways Corporation had a return on equity of 16.75% and a net margin of 9.78%. JetBlue Airways Corporation’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period last year, the firm posted $0.53 EPS. On average, equities research analysts anticipate that JetBlue Airways Corporation will post $1.87 EPS for the current fiscal year.

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A number of equities research analysts have recently issued reports on the stock. Morgan Stanley reissued an “equal weight” rating on shares of JetBlue Airways Corporation in a research report on Friday, July 14th. Zacks Investment Research raised shares of JetBlue Airways Corporation from a “hold” rating to a “buy” rating and set a $26.00 target price for the company in a research report on Wednesday, July 12th. BidaskClub cut shares of JetBlue Airways Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, June 20th. Bank of America Corporation boosted their target price on shares of JetBlue Airways Corporation from $27.00 to $28.00 and gave the company a “buy” rating in a research report on Friday, June 30th. Finally, Buckingham Research cut shares of JetBlue Airways Corporation from a “buy” rating to a “neutral” rating and reduced their target price for the company from $28.00 to $24.00 in a research report on Wednesday, July 26th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. JetBlue Airways Corporation currently has an average rating of “Hold” and a consensus price target of $25.17.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Curbstone Financial Management Corp raised its holdings in shares of JetBlue Airways Corporation by 100.0% during the 3rd quarter. Curbstone Financial Management Corp now owns 45,100 shares of the transportation company’s stock valued at $836,000 after buying an additional 22,550 shares in the last quarter. Lord Abbett & CO. LLC raised its holdings in shares of JetBlue Airways Corporation by 1.1% during the 2nd quarter. Lord Abbett & CO. LLC now owns 513,100 shares of the transportation company’s stock valued at $11,714,000 after buying an additional 5,800 shares in the last quarter. Advisory Services Network LLC raised its holdings in shares of JetBlue Airways Corporation by 659.7% during the 2nd quarter. Advisory Services Network LLC now owns 24,744 shares of the transportation company’s stock valued at $565,000 after buying an additional 21,487 shares in the last quarter. U S Global Investors Inc. raised its holdings in shares of JetBlue Airways Corporation by 62.5% during the 2nd quarter. U S Global Investors Inc. now owns 210,456 shares of the transportation company’s stock valued at $4,613,000 after buying an additional 80,938 shares in the last quarter. Finally, National Asset Management Inc. raised its holdings in shares of JetBlue Airways Corporation by 9.7% during the 2nd quarter. National Asset Management Inc. now owns 20,120 shares of the transportation company’s stock valued at $460,000 after buying an additional 1,771 shares in the last quarter. 84.47% of the stock is currently owned by institutional investors.

JetBlue Airways Corporation Company Profile

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. Its segments include Domestic, and Caribbean & Latin America. It operates various kinds of aircrafts, including Airbus A321, Airbus A320 and Embraer E190.

Insider Buying and Selling by Quarter for JetBlue Airways Corporation (NASDAQ:JBLU)

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