JetBlue Airways Corporation (NASDAQ:JBLU) Director Joel Clinton Peterson sold 5,120 shares of the business’s stock in a transaction dated Monday, July 3rd. The shares were sold at an average price of $23.13, for a total value of $118,425.60. Following the completion of the transaction, the director now directly owns 560,182 shares of the company’s stock, valued at approximately $12,957,009.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Joel Clinton Peterson also recently made the following trade(s):

  • On Friday, May 5th, Joel Clinton Peterson sold 7,000 shares of JetBlue Airways Corporation stock. The shares were sold at an average price of $21.37, for a total value of $149,590.00.
  • On Monday, May 1st, Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock. The shares were sold at an average price of $21.72, for a total value of $111,206.40.

JetBlue Airways Corporation (NASDAQ JBLU) traded down 1.35% during mid-day trading on Friday, hitting $23.43. The stock had a trading volume of 4,044,866 shares. JetBlue Airways Corporation has a 52 week low of $15.70 and a 52 week high of $24.13. The firm has a market cap of $7.82 billion, a PE ratio of 10.80 and a beta of 0.54. The company’s 50 day moving average price is $22.39 and its 200 day moving average price is $21.29.

JetBlue Airways Corporation (NASDAQ:JBLU) last announced its quarterly earnings data on Tuesday, April 25th. The transportation company reported $0.25 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.01. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.62 billion. JetBlue Airways Corporation had a return on equity of 16.42% and a net margin of 9.61%. JetBlue Airways Corporation’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period last year, the firm posted $0.61 EPS. Analysts anticipate that JetBlue Airways Corporation will post $1.92 earnings per share for the current year.

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A number of research analysts recently commented on JBLU shares. Bank of America Corporation boosted their price target on JetBlue Airways Corporation from $27.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, June 30th. Vetr raised JetBlue Airways Corporation from a “buy” rating to a “strong-buy” rating and set a $25.22 price target for the company in a research note on Wednesday, April 26th. Cowen and Company boosted their price target on JetBlue Airways Corporation from $23.00 to $24.00 and gave the company a “market perform” rating in a research note on Wednesday, April 26th. Imperial Capital boosted their target price on JetBlue Airways Corporation from $29.00 to $31.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 26th. Finally, BidaskClub raised JetBlue Airways Corporation from a “hold” rating to a “buy” rating in a research note on Saturday, July 1st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $25.66.

Several institutional investors have recently made changes to their positions in JBLU. CENTRAL TRUST Co purchased a new position in shares of JetBlue Airways Corporation during the second quarter worth $162,000. Eqis Capital Management Inc. boosted its position in shares of JetBlue Airways Corporation by 9.1% in the second quarter. Eqis Capital Management Inc. now owns 25,863 shares of the transportation company’s stock worth $590,000 after buying an additional 2,152 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in shares of JetBlue Airways Corporation during the second quarter worth $440,000. Baldwin Brothers Inc. MA boosted its position in shares of JetBlue Airways Corporation by 136.3% in the second quarter. Baldwin Brothers Inc. MA now owns 162,095 shares of the transportation company’s stock worth $3,701,000 after buying an additional 93,510 shares in the last quarter. Finally, Capstone Asset Management Co. boosted its position in shares of JetBlue Airways Corporation by 1.1% in the second quarter. Capstone Asset Management Co. now owns 33,135 shares of the transportation company’s stock worth $756,000 after buying an additional 360 shares in the last quarter. 84.20% of the stock is currently owned by institutional investors.

JetBlue Airways Corporation 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 Corporation (NASDAQ:JBLU)

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