JetBlue Airways Corporation (NASDAQ:JBLU) CEO Robin Hayes sold 2,000 shares of the business’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $18.56, for a total value of $37,120.00. Following the transaction, the chief executive officer now owns 402,362 shares of the company’s stock, valued at approximately $7,467,838.72. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Robin Hayes also recently made the following trade(s):

  • On Friday, September 1st, Robin Hayes sold 2,000 shares of JetBlue Airways Corporation stock. The shares were sold at an average price of $19.89, for a total value of $39,780.00.
  • On Tuesday, August 1st, Robin Hayes sold 2,000 shares of JetBlue Airways Corporation stock. The shares were sold at an average price of $22.03, for a total value of $44,060.00.

Shares of JetBlue Airways Corporation (NASDAQ:JBLU) traded up 1.4002% on Friday, reaching $19.5601. The company had a trading volume of 1,380,674 shares. The firm has a market capitalization of $6.43 billion, a PE ratio of 9.9290 and a beta of 0.59. The firm’s 50 day moving average is $19.32 and its 200 day moving average is $21.32. JetBlue Airways Corporation has a 12 month low of $16.85 and a 12 month high of $24.13.

JetBlue Airways Corporation (NASDAQ:JBLU) last posted its quarterly earnings results 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 return on equity of 16.75% and a net margin of 9.78%. The company had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same period last year, the firm earned $0.53 earnings per share. JetBlue Airways Corporation’s quarterly revenue was up 12.1% on a year-over-year basis. On average, equities research analysts expect that JetBlue Airways Corporation will post $1.85 earnings per share for the current fiscal year.

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Several institutional investors and hedge funds have recently bought and sold shares of JBLU. US Bancorp DE increased its position in shares of JetBlue Airways Corporation by 1.8% during the first quarter. US Bancorp DE now owns 23,558 shares of the transportation company’s stock worth $486,000 after purchasing an additional 424 shares in the last quarter. Karp Capital Management Corp acquired a new stake in shares of JetBlue Airways Corporation during the first quarter worth about $1,388,000. Quantbot Technologies LP acquired a new stake in shares of JetBlue Airways Corporation during the first quarter worth about $138,000. Blair William & Co. IL increased its position in shares of JetBlue Airways Corporation by 9.8% during the first quarter. Blair William & Co. IL now owns 20,150 shares of the transportation company’s stock worth $402,000 after purchasing an additional 1,800 shares in the last quarter. Finally, BB&T Securities LLC increased its position in shares of JetBlue Airways Corporation by 13.6% during the first quarter. BB&T Securities LLC now owns 13,735 shares of the transportation company’s stock worth $283,000 after purchasing an additional 1,645 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

A number of brokerages have weighed in on JBLU. Morgan Stanley decreased their target price on JetBlue Airways Corporation from $24.00 to $23.00 and set an “equal weight” rating for the company in a research report on Thursday, August 17th. Standpoint Research reaffirmed a “buy” rating on shares of JetBlue Airways Corporation in a research report on Sunday, September 3rd. BidaskClub lowered JetBlue Airways Corporation from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. Zacks Investment Research raised JetBlue Airways Corporation from a “hold” rating to a “buy” rating and set a $26.00 target price for the company in a research report on Wednesday, July 12th. Finally, Cowen and Company reaffirmed a “hold” rating and set a $21.00 target price on shares of JetBlue Airways Corporation in a research report on Friday, September 8th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $25.17.

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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