JetBlue Airways Co. (NASDAQ:JBLU) EVP George Martin J. St sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $23.00, for a total value of $69,000.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

George Martin J. St also recently made the following trade(s):

  • On Thursday, December 7th, George Martin J. St sold 2,500 shares of JetBlue Airways stock. The shares were sold at an average price of $21.59, for a total value of $53,975.00.

Shares of JetBlue Airways Co. (NASDAQ JBLU) traded up $0.03 during trading hours on Thursday, reaching $22.48. The company had a trading volume of 2,397,519 shares, compared to its average volume of 4,572,417. JetBlue Airways Co. has a 52 week low of $18.05 and a 52 week high of $24.13. The company has a market capitalization of $7,210.00, a PE ratio of 11.47 and a beta of 0.68. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.56 and a current ratio of 0.56.

JetBlue Airways (NASDAQ:JBLU) last announced its quarterly earnings data on Tuesday, October 24th. The transportation company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.03. JetBlue Airways had a return on equity of 15.95% and a net margin of 9.38%. The company had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the firm earned $0.58 earnings per share. JetBlue Airways’s revenue was up 4.7% compared to the same quarter last year. sell-side analysts anticipate that JetBlue Airways Co. will post 1.77 EPS for the current fiscal year.

JetBlue Airways declared that its Board of Directors has initiated a stock repurchase program on Wednesday, December 13th that permits the company to repurchase $750.00 million in outstanding shares. This repurchase authorization permits the transportation company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its shares are undervalued.

A number of large investors have recently made changes to their positions in the stock. FMR LLC grew its stake in JetBlue Airways by 2.2% in the second quarter. FMR LLC now owns 19,075,077 shares of the transportation company’s stock worth $435,484,000 after purchasing an additional 404,086 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in JetBlue Airways by 2.4% in the third quarter. Dimensional Fund Advisors LP now owns 11,295,104 shares of the transportation company’s stock worth $209,297,000 after purchasing an additional 259,499 shares in the last quarter. State Street Corp grew its stake in JetBlue Airways by 0.5% in the second quarter. State Street Corp now owns 8,325,116 shares of the transportation company’s stock worth $190,058,000 after purchasing an additional 40,286 shares in the last quarter. Donald Smith & CO. Inc. grew its stake in JetBlue Airways by 5.1% in the third quarter. Donald Smith & CO. Inc. now owns 6,460,428 shares of the transportation company’s stock worth $119,712,000 after purchasing an additional 314,961 shares in the last quarter. Finally, Frontier Capital Management Co. LLC grew its stake in JetBlue Airways by 47.0% in the fourth quarter. Frontier Capital Management Co. LLC now owns 5,293,229 shares of the transportation company’s stock worth $118,251,000 after purchasing an additional 1,692,657 shares in the last quarter. 89.82% of the stock is currently owned by institutional investors.

A number of equities research analysts have issued reports on JBLU shares. Stephens started coverage on JetBlue Airways in a research report on Wednesday, November 29th. They set an “equal weight” rating and a $22.00 price objective on the stock. BidaskClub cut JetBlue Airways from a “hold” rating to a “sell” rating in a research note on Friday, January 5th. Deutsche Bank upped 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. Zacks Investment Research cut JetBlue Airways from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Finally, Macquarie started coverage on JetBlue Airways in a research note on Monday, September 25th. They set a “neutral” rating and a $21.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, three have given a buy rating and two have given a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $24.09.

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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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