JetBlue Airways Corporation (NASDAQ:JBLU) Director Joel Clinton Peterson sold 5,120 shares of the stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $18.96, for a total transaction of $97,075.20. Following the transaction, the director now directly owns 539,702 shares in the company, valued at $10,232,749.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, October 2nd, Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock. The stock was sold at an average price of $18.45, for a total transaction of $94,464.00.
  • On Friday, September 1st, Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock. The stock was sold at an average price of $19.87, for a total transaction of $101,734.40.

JetBlue Airways Corporation (JBLU) traded up $0.19 during mid-day trading on Friday, reaching $19.14. The company had a trading volume of 1,596,141 shares, compared to its average volume of 6,862,785. The firm has a market capitalization of $6,066.64, a price-to-earnings ratio of 9.75 and a beta of 0.65.

JetBlue Airways Corporation (NASDAQ:JBLU) last released its earnings results on Tuesday, October 24th. The transportation company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.03. JetBlue Airways Corporation had a return on equity of 15.95% and a net margin of 9.38%. The business had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period last year, the business earned $0.58 earnings per share. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. equities research analysts expect that JetBlue Airways Corporation will post 1.73 EPS for the current fiscal year.

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Hedge funds have recently added to or reduced their stakes in the stock. CENTRAL TRUST Co acquired a new stake in JetBlue Airways Corporation during the second quarter worth about $162,000. IFP Advisors Inc grew its position in JetBlue Airways Corporation by 38.1% during the second quarter. IFP Advisors Inc now owns 7,672 shares of the transportation company’s stock worth $175,000 after buying an additional 2,117 shares in the last quarter. Capital Management Associates NY acquired a new stake in JetBlue Airways Corporation during the second quarter worth about $203,000. Investment Centers of America Inc. acquired a new stake in JetBlue Airways Corporation during the second quarter worth about $205,000. Finally, Lincoln National Corp acquired a new stake in JetBlue Airways Corporation during the second quarter worth about $210,000. 83.86% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have commented on JBLU. Morgan Stanley lowered their target price on shares of JetBlue Airways Corporation from $24.00 to $23.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 17th. Standpoint Research reissued a “buy” rating on shares of JetBlue Airways Corporation in a research report on Sunday, September 3rd. Imperial Capital reissued a “buy” rating and set a $31.00 target price on shares of JetBlue Airways Corporation in a research report on Tuesday, October 17th. BidaskClub downgraded shares of JetBlue Airways Corporation from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. Finally, Zacks Investment Research raised shares of JetBlue Airways Corporation from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research report on Wednesday, July 12th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. JetBlue Airways Corporation has an average rating of “Hold” and an average target price of $25.02.

About JetBlue Airways Corporation

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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