JetBlue Airways Corp. (NASDAQ:JBLU) EVP James G. Hnat sold 1,000 shares of the firm’s stock in a transaction dated Friday, October 14th. The stock was sold at an average price of $18.03, for a total transaction of $18,030.00. Following the sale, the executive vice president now owns 27,564 shares of the company’s stock, valued at approximately $496,978.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

James G. Hnat also recently made the following trade(s):

  • On Friday, September 16th, James G. Hnat sold 10,000 shares of JetBlue Airways Corp. stock. The stock was sold at an average price of $17.27, for a total transaction of $172,700.00.

Shares of JetBlue Airways Corp. (NASDAQ:JBLU) opened at 17.78 on Wednesday. The company has a market capitalization of $5.75 billion, a price-to-earnings ratio of 7.90 and a beta of 0.36. The firm’s 50-day moving average is $17.18 and its 200 day moving average is $17.81. JetBlue Airways Corp. has a 12 month low of $14.76 and a 12 month high of $27.00.

JetBlue Airways Corp. (NASDAQ:JBLU) last posted its earnings results on Tuesday, July 26th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.04. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.65 billion. JetBlue Airways Corp. had a net margin of 11.73% and a return on equity of 22.84%. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.44 EPS. Equities analysts expect that JetBlue Airways Corp. will post $2.19 EPS for the current year.

Insider Buying and Selling by Quarter for JetBlue Airways Corp. (NASDAQ:JBLU)

Institutional investors have recently modified their holdings of the company. FNY Managed Accounts LLC acquired a new position in shares of JetBlue Airways Corp. during the third quarter valued at $190,000. Rothschild Investment Corp IL boosted its position in shares of JetBlue Airways Corp. by 12.0% in the third quarter. Rothschild Investment Corp IL now owns 28,375 shares of the company’s stock valued at $489,000 after buying an additional 3,050 shares during the period. Smith Graham & Co. Investment Advisors LP boosted its position in shares of JetBlue Airways Corp. by 8.5% in the third quarter. Smith Graham & Co. Investment Advisors LP now owns 336,760 shares of the company’s stock valued at $5,806,000 after buying an additional 26,420 shares during the period. CrestPoint Capital Management LLC acquired a new position in shares of JetBlue Airways Corp. during the third quarter valued at $1,536,000. Finally, Highland Capital Management LLC boosted its position in shares of JetBlue Airways Corp. by 40.4% in the third quarter. Highland Capital Management LLC now owns 287,650 shares of the company’s stock valued at $4,959,000 after buying an additional 82,800 shares during the period. Hedge funds and other institutional investors own 79.57% of the company’s stock.

JBLU has been the subject of a number of research analyst reports. Vetr downgraded shares of JetBlue Airways Corp. from a “strong-buy” rating to a “buy” rating and set a $19.72 price objective for the company. in a report on Monday, October 3rd. Zacks Investment Research upgraded shares of JetBlue Airways Corp. from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a report on Tuesday, October 4th. Credit Suisse Group AG set a $20.00 target price on shares of JetBlue Airways Corp. and gave the stock a “hold” rating in a research note on Monday, September 12th. Morgan Stanley reiterated a “hold” rating and issued a $19.00 target price on shares of JetBlue Airways Corp. in a research note on Sunday, August 21st. Finally, JPMorgan Chase & Co. reduced their target price on shares of JetBlue Airways Corp. from $24.50 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, July 27th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. JetBlue Airways Corp. presently has a consensus rating of “Buy” and an average price target of $23.42.

JetBlue Airways Corp. 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. It operates various types of aircrafts, including Airbus A321, Airbus A320 and Embraer E190. It also provides premium transcontinental product called Mint.

5 Day Chart for NASDAQ:JBLU

Receive News & Stock Ratings for JetBlue Airways Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JetBlue Airways Corp. and related stocks with our FREE daily email newsletter.