U S Global Investors Inc. Has $24.50 Million Stock Holdings in JetBlue Airways Corporation $JBLU

U S Global Investors Inc. boosted its position in shares of JetBlue Airways Corporation (NASDAQ:JBLUFree Report) by 17.2% in the first quarter, HoldingsChannel reports. The institutional investor owned 5,542,536 shares of the transportation company’s stock after acquiring an additional 813,782 shares during the quarter. JetBlue Airways makes up approximately 2.9% of U S Global Investors Inc.’s holdings, making the stock its 5th biggest holding. U S Global Investors Inc.’s holdings in JetBlue Airways were worth $24,498,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Stifel Financial Corp lifted its stake in JetBlue Airways by 0.6% in the fourth quarter. Stifel Financial Corp now owns 326,990 shares of the transportation company’s stock worth $1,488,000 after acquiring an additional 1,928 shares during the period. Vident Advisory LLC raised its holdings in JetBlue Airways by 20.2% in the 4th quarter. Vident Advisory LLC now owns 13,232 shares of the transportation company’s stock worth $60,000 after purchasing an additional 2,226 shares in the last quarter. Essex Financial Services Inc. lifted its position in shares of JetBlue Airways by 12.4% in the 4th quarter. Essex Financial Services Inc. now owns 23,504 shares of the transportation company’s stock worth $107,000 after purchasing an additional 2,599 shares during the period. Cetera Investment Advisers lifted its position in shares of JetBlue Airways by 10.7% in the 2nd quarter. Cetera Investment Advisers now owns 30,678 shares of the transportation company’s stock worth $130,000 after purchasing an additional 2,954 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of JetBlue Airways by 157.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 5,517 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 3,373 shares in the last quarter. Hedge funds and other institutional investors own 83.71% of the company’s stock.

Insider Activity

In related news, Director Vivek Sharma sold 32,000 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $5.41, for a total transaction of $173,120.00. Following the sale, the director owned 35,479 shares of the company’s stock, valued at $191,941.39. The trade was a 47.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Thomas Winkelmann sold 35,473 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $4.70, for a total transaction of $166,723.10. Following the completion of the sale, the director owned 13,379 shares in the company, valued at approximately $62,881.30. This trade represents a 72.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 2.41% of the company’s stock.

JetBlue Airways Stock Down 2.7%

Shares of JBLU stock traded down $0.16 during mid-day trading on Friday, reaching $5.76. 18,248,087 shares of the company’s stock traded hands, compared to its average volume of 26,373,494. JetBlue Airways Corporation has a 12 month low of $3.87 and a 12 month high of $6.50. The company has a market cap of $2.14 billion, a P/E ratio of -2.97 and a beta of 1.73. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 4.25. The company’s 50-day moving average price is $5.24 and its 200-day moving average price is $5.11.

JetBlue Airways (NASDAQ:JBLUGet Free Report) last released its earnings results on Tuesday, April 28th. The transportation company reported ($0.87) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.72) by ($0.15). The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.24 billion. JetBlue Airways had a negative return on equity of 32.76% and a negative net margin of 7.78%.The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.59) earnings per share. On average, equities analysts expect that JetBlue Airways Corporation will post -2.45 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on JBLU. Raymond James Financial reiterated an “underperform” rating on shares of JetBlue Airways in a research report on Monday, July 6th. Seaport Research Partners raised JetBlue Airways from a “neutral” rating to a “buy” rating and set a $8.00 price objective on the stock in a research report on Thursday, April 16th. Susquehanna lifted their price objective on JetBlue Airways from $5.00 to $6.00 and gave the company a “neutral” rating in a research report on Tuesday. BMO Capital Markets began coverage on JetBlue Airways in a report on Tuesday, March 24th. They set a “market perform” rating and a $4.50 target price on the stock. Finally, The Goldman Sachs Group increased their target price on JetBlue Airways from $3.50 to $4.50 and gave the stock a “sell” rating in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, JetBlue Airways presently has a consensus rating of “Reduce” and a consensus price target of $5.31.

Read Our Latest Stock Analysis on JBLU

Key Headlines Impacting JetBlue Airways

Here are the key news stories impacting JetBlue Airways this week:

  • Positive Sentiment: JetBlue launched its largest-ever schedule expansion at Fort Lauderdale-Hollywood International Airport, adding eight new nonstop routes now and six more coming soon, which strengthens its South Florida presence and could support revenue growth. JetBlue Launches Largest-Ever Fort Lauderdale Schedule, Reinforcing Long-Term Commitment to South Florida
  • Positive Sentiment: Zacks Research raised earnings estimates across multiple periods, including FY2026, FY2027, FY2028 and several quarterly forecasts, signaling improving longer-term profitability expectations for JBLU. JetBlue Airways stock research and earnings estimates
  • Neutral Sentiment: A report asking whether JetBlue is “fully valued” after attention on New York terminal plans may be adding some caution, but it does not appear to be a direct business catalyst. Is JetBlue Airways (JBLU) Fully Valued As New York Terminal Plans Draw Attention?
  • Neutral Sentiment: Short-interest data showed no current short interest and no meaningful change, so it does not appear to be a factor driving the stock today.
  • Negative Sentiment: JetBlue still faces pressure from weak profitability, with analysts expecting losses in the near term and the company previously missing earnings estimates, which can cap enthusiasm for the shares.

JetBlue Airways Profile

(Free Report)

JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.

The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.

See Also

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Institutional Ownership by Quarter for JetBlue Airways (NASDAQ:JBLU)

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