Assenagon Asset Management S.A. Sells 126,209 Shares of JetBlue Airways Corporation $JBLU

Assenagon Asset Management S.A. cut its holdings in JetBlue Airways Corporation (NASDAQ:JBLU) by 6.5% during the fourth quarter, Holdings Channel reports. The firm owned 1,825,046 shares of the transportation company’s stock after selling 126,209 shares during the quarter. Assenagon Asset Management S.A.’s holdings in JetBlue Airways were worth $8,304,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd lifted its position in shares of JetBlue Airways by 639.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 5,839 shares of the transportation company’s stock worth $29,000 after buying an additional 5,049 shares in the last quarter. Bogart Wealth LLC grew its holdings in JetBlue Airways by 12,727.3% during the 3rd quarter. Bogart Wealth LLC now owns 7,055 shares of the transportation company’s stock valued at $35,000 after buying an additional 7,000 shares in the last quarter. HUB Investment Partners LLC purchased a new position in JetBlue Airways during the 2nd quarter valued at approximately $45,000. Forum Financial Management LP bought a new stake in JetBlue Airways in the 3rd quarter worth approximately $59,000. Finally, Rafferty Asset Management LLC bought a new stake in JetBlue Airways in the 2nd quarter worth approximately $51,000. 83.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on JBLU shares. JPMorgan Chase & Co. boosted their price target on shares of JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Citigroup lowered their price objective on shares of JetBlue Airways from $6.00 to $4.40 and set a “neutral” rating for the company in a research report on Friday, March 20th. Susquehanna lifted their price objective on shares of JetBlue Airways from $4.55 to $5.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. TD Cowen upgraded shares of JetBlue Airways from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. Finally, Morgan Stanley decreased their target price on shares of JetBlue Airways from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $4.80.

JetBlue Airways Stock Down 6.4%

Shares of NASDAQ JBLU opened at $4.22 on Friday. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.74 and a quick ratio of 0.69. The company has a market cap of $1.56 billion, a P/E ratio of -2.53 and a beta of 1.72. JetBlue Airways Corporation has a 1 year low of $3.34 and a 1 year high of $6.50. The firm has a 50-day simple moving average of $5.15 and a two-hundred day simple moving average of $4.85.

JetBlue Airways (NASDAQ:JBLU) last issued its earnings results on Tuesday, January 27th. The transportation company reported ($0.49) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.04). JetBlue Airways had a negative net margin of 6.64% and a negative return on equity of 25.62%. The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same period in the prior year, the firm posted ($0.21) earnings per share. The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. Research analysts anticipate that JetBlue Airways Corporation will post -0.69 earnings per share for the current year.

Key JetBlue Airways News

Here are the key news stories impacting JetBlue Airways this week:

• Positive Sentiment: Management is reportedly exploring potential merger partners and broader industry M&A is gaining momentum, which could unlock strategic value or create a takeover premium. JetBlue explores potential mergers as industry M&A gains momentum
• Positive Sentiment: Press reports that JetBlue is conducting a strategic review — including a possible sale — drove earlier upside, signaling investors are pricing in potential corporate action or investor interest. Stock Market Today, March 25: JetBlue Airways Stock Surges After Reports of Strategic Review Including Possible Sale
• Positive Sentiment: JetBlue announced network expansion at Fort Lauderdale (new Cleveland route and added frequencies on nine routes), which should help near‑term revenue and market share at FLL. This is a tangible growth action from management. JetBlue Grows Fort Lauderdale Network with New Route and More Flights
• Neutral Sentiment: BMO Capital Markets initiated coverage on JetBlue — coverage initiation can add liquidity and attention but its directional impact depends on the stance and models in the report. JetBlue Airways (NASDAQ:JBLU) Coverage Initiated at BMO Capital Markets
• Negative Sentiment: Brokerage consensus has tilted to a “Reduce” rating, which increases selling pressure and signals muted near-term expectations from sell‑side analysts. JetBlue Airways Corporation (NASDAQ:JBLU) Receives Consensus Recommendation of “Reduce” from Brokerages
• Negative Sentiment: Zacks trimmed FY2028 EPS estimates and consensus still points to negative full‑year EPS, reinforcing analyst caution around profitability recovery. JBLU Boosts Its Presence in Fort Lauderdale With New Routes & Flights
• Negative Sentiment: Short‑term technical/market action: the stock cooled after a rally, reflecting profit‑taking and sensitivity to headlines and analyst commentary given JBLU’s high volatility and elevated leverage. JetBlue stock is dipping after its Wednesday rally: What’s happening?

JetBlue Airways Profile

JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.

The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.