JetBlue Airways Corporation (NASDAQ:JBLU) VP Alexander Chatkewitz sold 1,045 shares of the stock in a transaction on Friday, December 1st. The shares were sold at an average price of $21.28, for a total value of $22,237.60. Following the sale, the vice president now owns 2,829 shares in the company, valued at $60,201.12. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

JetBlue Airways Corporation (NASDAQ JBLU) traded up $0.66 during mid-day trading on Tuesday, hitting $21.97. The stock had a trading volume of 8,325,000 shares, compared to its average volume of 5,860,704. The stock has a market cap of $6,832.98, a P/E ratio of 10.98 and a beta of 0.68. JetBlue Airways Corporation has a 52-week low of $18.05 and a 52-week high of $24.13. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.25.

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

Several analysts have commented on the company. Stephens assumed coverage on JetBlue Airways in a research note on Wednesday, November 29th. They set an “equal weight” rating and a $22.00 target price on the stock. Zacks Investment Research upgraded JetBlue Airways from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 15th. J P Morgan Chase & Co downgraded JetBlue Airways from an “overweight” rating to a “neutral” rating and set a $22.00 target price on the stock. in a research note on Wednesday, November 1st. Deutsche Bank increased their target price on JetBlue Airways from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Wednesday, October 25th. Finally, Imperial Capital reiterated a “buy” rating and set a $31.00 target price on shares of JetBlue Airways in a research note on Tuesday, October 17th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $25.02.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JBLU. Alliancebernstein L.P. lifted its position in JetBlue Airways by 1,135.5% during the second quarter. Alliancebernstein L.P. now owns 2,927,591 shares of the transportation company’s stock valued at $66,837,000 after purchasing an additional 2,690,638 shares in the last quarter. Frontier Capital Management Co. LLC lifted its position in JetBlue Airways by 68.9% during the third quarter. Frontier Capital Management Co. LLC now owns 3,600,572 shares of the transportation company’s stock valued at $66,719,000 after purchasing an additional 1,468,416 shares in the last quarter. Prudential Financial Inc. lifted its position in JetBlue Airways by 135.1% during the second quarter. Prudential Financial Inc. now owns 2,454,990 shares of the transportation company’s stock valued at $56,048,000 after purchasing an additional 1,410,594 shares in the last quarter. Victory Capital Management Inc. lifted its position in JetBlue Airways by 35.0% during the second quarter. Victory Capital Management Inc. now owns 3,707,811 shares of the transportation company’s stock valued at $84,649,000 after purchasing an additional 961,535 shares in the last quarter. Finally, Bank of Nova Scotia purchased a new position in JetBlue Airways during the second quarter valued at $21,689,000. Institutional investors own 89.86% of the company’s stock.

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About JetBlue Airways

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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