JetBlue Airways Corporation (NASDAQ:JBLU) Director Joel Clinton Peterson sold 5,120 shares of the stock in a transaction on Friday, September 1st. The stock was sold at an average price of $19.87, for a total transaction of $101,734.40. Following the completion of the transaction, the director now directly owns 549,942 shares in the company, valued at approximately $10,927,347.54. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

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

  • On Tuesday, August 1st, Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock. The stock was sold at an average price of $22.00, for a total transaction of $112,640.00.
  • On Monday, July 3rd, Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock. The stock was sold at an average price of $23.13, for a total transaction of $118,425.60.

Shares of JetBlue Airways Corporation (NASDAQ:JBLU) traded down 2.082% during midday trading on Wednesday, reaching $18.761. 6,049,493 shares of the company’s stock traded hands. The company has a market capitalization of $6.17 billion, a price-to-earnings ratio of 9.523 and a beta of 0.59. JetBlue Airways Corporation has a one year low of $15.86 and a one year high of $24.13. The company has a 50-day moving average of $21.35 and a 200-day moving average of $21.49.

JetBlue Airways Corporation (NASDAQ:JBLU) last posted its quarterly earnings data on Tuesday, July 25th. The transportation company reported $0.64 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.08. JetBlue Airways Corporation had a net margin of 9.78% and a return on equity of 16.75%. The business had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the previous year, the business posted $0.53 earnings per share. The business’s revenue was up 12.1% compared to the same quarter last year. Equities research analysts anticipate that JetBlue Airways Corporation will post $2.00 EPS for the current year.

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A number of hedge funds have recently bought and sold shares of JBLU. Quantbot Technologies LP bought a new position in JetBlue Airways Corporation during the first quarter valued at $138,000. CENTRAL TRUST Co bought a new position in JetBlue Airways Corporation during the second quarter valued at $162,000. IFP Advisors Inc increased its position in JetBlue Airways Corporation by 38.1% during the second quarter. IFP Advisors Inc now owns 7,672 shares of the transportation company’s stock valued at $175,000 after acquiring an additional 2,117 shares during the last quarter. Soros Fund Management LLC bought a new position in JetBlue Airways Corporation during the first quarter valued at $200,000. Finally, Capital Management Associates NY bought a new position in JetBlue Airways Corporation during the second quarter valued at $203,000. Institutional investors and hedge funds own 84.53% of the company’s stock.

JBLU has been the topic of a number of research analyst reports. Standpoint Research initiated coverage on shares of JetBlue Airways Corporation in a report on Friday, September 1st. They issued an “accumulate” rating and a $26.00 price target on the stock. Zacks Investment Research raised shares of JetBlue Airways Corporation from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a report on Wednesday, July 12th. BidaskClub raised shares of JetBlue Airways Corporation from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. Bank of America Corporation increased their price target on shares of JetBlue Airways Corporation from $27.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, June 30th. Finally, Vetr lowered shares of JetBlue Airways Corporation from a “strong-buy” rating to a “buy” rating and set a $25.22 price target on the stock. in a report on Thursday, May 25th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. JetBlue Airways Corporation currently has a consensus rating of “Hold” and an average price target of $25.63.

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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