JetBlue Airways Corporation (NASDAQ:JBLU) Director Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $18.96, for a total transaction of $97,075.20. Following the completion of the transaction, the director now owns 539,702 shares of the company’s stock, valued at $10,232,749.92. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

  • On Monday, October 2nd, Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock. The shares were sold at an average price of $18.45, for a total transaction of $94,464.00.
  • On Friday, September 1st, Joel Clinton Peterson sold 5,120 shares of JetBlue Airways Corporation stock. The shares were sold at an average price of $19.87, for a total transaction of $101,734.40.

JetBlue Airways Corporation (NASDAQ:JBLU) traded up $0.24 during midday trading on Friday, hitting $19.19. 2,868,355 shares of the stock were exchanged, compared to its average volume of 6,980,000. JetBlue Airways Corporation has a 52 week low of $16.85 and a 52 week high of $24.13. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.56 and a quick ratio of 0.58. The company has a market cap of $6.15 billion, a P/E ratio of 9.75 and a beta of 0.65.

JetBlue Airways Corporation (NASDAQ:JBLU) last posted its quarterly earnings data on Tuesday, October 24th. The transportation company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.03. JetBlue Airways Corporation had a net margin of 9.38% and a return on equity of 15.95%. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the firm posted $0.58 EPS. The firm’s revenue was up 4.7% compared to the same quarter last year. sell-side analysts predict that JetBlue Airways Corporation will post 1.73 earnings per share for the current fiscal year.

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JBLU has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of JetBlue Airways Corporation from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research note on Wednesday, July 12th. Morgan Stanley reiterated an “equal weight” rating on shares of JetBlue Airways Corporation in a research note on Friday, July 14th. Cowen and Company lifted their price objective on shares of JetBlue Airways Corporation from $24.00 to $25.00 and gave the company a “market perform” rating in a research note on Tuesday, July 25th. Buckingham Research downgraded shares of JetBlue Airways Corporation from a “buy” rating to a “neutral” rating and cut their price target for the company from $28.00 to $24.00 in a report on Wednesday, July 26th. Finally, BidaskClub downgraded shares of JetBlue Airways Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $25.02.

Several hedge funds and other institutional investors have recently bought and sold shares of JBLU. CENTRAL TRUST Co bought a new stake in shares of JetBlue Airways Corporation during the 2nd quarter worth $162,000. IFP Advisors Inc lifted its holdings in shares of JetBlue Airways Corporation by 38.1% during the 2nd quarter. IFP Advisors Inc now owns 7,672 shares of the transportation company’s stock worth $175,000 after acquiring an additional 2,117 shares during the last quarter. Capital Management Associates NY bought a new stake in JetBlue Airways Corporation in the second quarter worth $203,000. Investment Centers of America Inc. bought a new stake in JetBlue Airways Corporation in the second quarter worth $205,000. Finally, Lincoln National Corp bought a new stake in JetBlue Airways Corporation in the second quarter worth $210,000. 83.86% of the stock is 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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