JetBlue Airways Corporation (NASDAQ:JBLU) EVP James G. Hnat sold 1,000 shares of JetBlue Airways stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $21.35, for a total transaction of $21,350.00. Following the completion of the transaction, the executive vice president now directly owns 14,992 shares in the company, valued at approximately $320,079.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of JetBlue Airways Corporation (NASDAQ JBLU) traded up $0.66 during mid-day trading on Tuesday, reaching $21.97. 8,325,000 shares of the company were exchanged, compared to its average volume of 5,860,704. JetBlue Airways Corporation has a fifty-two week low of $18.05 and a fifty-two week high of $24.13. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.56 and a quick ratio of 0.56. The company has a market capitalization of $6,832.98, a price-to-earnings ratio of 10.98 and a beta of 0.68.

JetBlue Airways (NASDAQ:JBLU) last posted its quarterly earnings results on Tuesday, October 24th. The transportation company reported $0.55 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.03. JetBlue Airways had a net margin of 9.38% and a return on equity of 15.95%. The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the company earned $0.58 earnings per share. The business’s revenue was up 4.7% compared to the same quarter last year. equities analysts anticipate that JetBlue Airways Corporation will post 1.74 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. World Asset Management Inc boosted its stake in JetBlue Airways by 0.7% during the second quarter. World Asset Management Inc now owns 22,526 shares of the transportation company’s stock worth $514,000 after buying an additional 155 shares in the last quarter. M&T Bank Corp boosted its stake in JetBlue Airways by 0.9% during the second quarter. M&T Bank Corp now owns 19,383 shares of the transportation company’s stock worth $442,000 after buying an additional 181 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its stake in JetBlue Airways by 2.8% during the second quarter. Public Employees Retirement Association of Colorado now owns 10,497 shares of the transportation company’s stock worth $240,000 after buying an additional 283 shares in the last quarter. Cubist Systematic Strategies LLC boosted its stake in JetBlue Airways by 2.8% during the second quarter. Cubist Systematic Strategies LLC now owns 11,310 shares of the transportation company’s stock worth $258,000 after buying an additional 310 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its stake in JetBlue Airways by 2.2% during the second quarter. Stratos Wealth Partners LTD. now owns 18,497 shares of the transportation company’s stock worth $422,000 after buying an additional 398 shares in the last quarter. Hedge funds and other institutional investors own 89.86% of the company’s stock.

JBLU has been the topic of a number of recent analyst reports. Standpoint Research initiated coverage on shares of JetBlue Airways in a research report on Friday, September 1st. They issued an “accumulate” rating and a $26.00 price target on the stock. ValuEngine lowered shares of JetBlue Airways from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Imperial Capital reissued a “buy” rating and issued a $31.00 price target on shares of JetBlue Airways in a research report on Tuesday, October 17th. Deutsche Bank boosted their target price on shares of JetBlue Airways from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $20.00 target price (down previously from $21.00) on shares of JetBlue Airways in a research report on Wednesday, October 4th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. JetBlue Airways has a consensus rating of “Hold” and an average price target of $25.02.

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JetBlue Airways 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 (NASDAQ:JBLU)

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