JetBlue Airways Corporation (NASDAQ:JBLU) EVP James G. Hnat sold 6,000 shares of the company’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $21.98, for a total transaction of $131,880.00. Following the sale, the executive vice president now directly owns 25,992 shares of the company’s stock, valued at approximately $571,304.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

JetBlue Airways Corporation (JBLU) traded up 1.36% on Friday, reaching $22.43. 2,900,479 shares of the company’s stock were exchanged. The company has a market capitalization of $7.38 billion, a PE ratio of 11.39 and a beta of 0.53. JetBlue Airways Corporation has a 1-year low of $15.70 and a 1-year high of $24.13. The company has a 50 day moving average price of $22.85 and a 200-day moving average price of $21.39.

JetBlue Airways Corporation (NASDAQ:JBLU) last posted its quarterly earnings data on Tuesday, July 25th. The transportation company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.08. The firm had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.82 billion. JetBlue Airways Corporation had a return on equity of 16.75% and a net margin of 9.78%. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.53 EPS. On average, equities research analysts anticipate that JetBlue Airways Corporation will post $2.03 earnings per share for the current year.

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A number of equities research analysts have recently issued reports on the stock. Cowen and Company upped their target price on shares of JetBlue Airways Corporation from $24.00 to $25.00 and gave the stock a “market perform” rating in a report on Tuesday, July 25th. Buckingham Research lowered shares of JetBlue Airways Corporation from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $28.00 to $24.00 in a report on Wednesday, July 26th. Morgan Stanley reissued an “equal weight” rating on shares of JetBlue Airways Corporation in a report on Friday, July 14th. BidaskClub lowered shares of JetBlue Airways Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $23.00 price objective on shares of JetBlue Airways Corporation in a report on Friday, May 26th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. JetBlue Airways Corporation has a consensus rating of “Hold” and an average target price of $25.69.

A number of hedge funds have recently bought and sold shares of JBLU. BlackRock Inc. boosted its stake in JetBlue Airways Corporation by 13,299.6% in the first quarter. BlackRock Inc. now owns 27,408,463 shares of the transportation company’s stock valued at $564,889,000 after buying an additional 27,203,916 shares during the period. Dimensional Fund Advisors LP boosted its stake in JetBlue Airways Corporation by 32.2% in the first quarter. Dimensional Fund Advisors LP now owns 10,805,538 shares of the transportation company’s stock valued at $222,704,000 after buying an additional 2,632,973 shares during the period. Vanguard Group Inc. boosted its stake in JetBlue Airways Corporation by 7.8% in the first quarter. Vanguard Group Inc. now owns 28,930,739 shares of the transportation company’s stock valued at $596,262,000 after buying an additional 2,085,912 shares during the period. Macquarie Group Ltd. boosted its stake in JetBlue Airways Corporation by 2,465.3% in the first quarter. Macquarie Group Ltd. now owns 1,775,200 shares of the transportation company’s stock valued at $36,587,000 after buying an additional 1,706,000 shares during the period. Finally, AQR Capital Management LLC boosted its stake in JetBlue Airways Corporation by 28.5% in the first quarter. AQR Capital Management LLC now owns 5,192,795 shares of the transportation company’s stock valued at $107,024,000 after buying an additional 1,151,028 shares during the period. Hedge funds and other institutional investors own 84.19% of the company’s stock.

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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