Robin Hayes Sells 2,500 Shares of JetBlue Airways Co. (NASDAQ:JBLU) Stock

JetBlue Airways Co. (NASDAQ:JBLU) CEO Robin Hayes sold 2,500 shares of the stock in a transaction on Wednesday, July 10th. The shares were sold at an average price of $19.14, for a total transaction of $47,850.00. Following the completion of the sale, the chief executive officer now owns 478,393 shares of the company’s stock, valued at approximately $9,156,442.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, June 10th, Robin Hayes sold 2,500 shares of JetBlue Airways stock. The shares were sold at an average price of $18.43, for a total transaction of $46,075.00.
  • On Friday, May 10th, Robin Hayes sold 2,500 shares of JetBlue Airways stock. The shares were sold at an average price of $18.27, for a total transaction of $45,675.00.

NASDAQ:JBLU opened at $18.87 on Friday. JetBlue Airways Co. has a 52 week low of $15.19 and a 52 week high of $20.14. The company has a market capitalization of $5.62 billion, a price-to-earnings ratio of 12.71, a price-to-earnings-growth ratio of 0.42 and a beta of 0.90. The business’s 50-day simple moving average is $18.47. The company has a current ratio of 0.53, a quick ratio of 0.50 and a debt-to-equity ratio of 0.44.



JetBlue Airways (NASDAQ:JBLU) last released its quarterly earnings results on Tuesday, April 23rd. The transportation company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.04. JetBlue Airways had a net margin of 1.81% and a return on equity of 10.16%. The business had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period last year, the firm earned $0.27 earnings per share. JetBlue Airways’s revenue for the quarter was up 6.7% compared to the same quarter last year. As a group, analysts anticipate that JetBlue Airways Co. will post 1.96 EPS for the current fiscal year.

Large investors have recently added to or reduced their stakes in the stock. State Treasurer State of Michigan increased its holdings in JetBlue Airways by 0.6% in the 1st quarter. State Treasurer State of Michigan now owns 109,223 shares of the transportation company’s stock valued at $1,787,000 after buying an additional 600 shares during the period. Janney Montgomery Scott LLC increased its holdings in JetBlue Airways by 2.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 31,877 shares of the transportation company’s stock valued at $522,000 after buying an additional 648 shares during the period. Crossmark Global Holdings Inc. increased its holdings in JetBlue Airways by 1.9% in the 2nd quarter. Crossmark Global Holdings Inc. now owns 34,310 shares of the transportation company’s stock valued at $634,000 after buying an additional 655 shares during the period. Curbstone Financial Management Corp increased its holdings in JetBlue Airways by 1.5% in the 1st quarter. Curbstone Financial Management Corp now owns 52,450 shares of the transportation company’s stock valued at $858,000 after buying an additional 800 shares during the period. Finally, Macquarie Group Ltd. increased its holdings in JetBlue Airways by 0.8% in the 4th quarter. Macquarie Group Ltd. now owns 110,200 shares of the transportation company’s stock valued at $1,769,000 after buying an additional 900 shares during the period. 91.54% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have commented on the stock. Imperial Capital reiterated an “outperform” rating and issued a $26.00 price target (up previously from $24.00) on shares of JetBlue Airways in a research note on Thursday, June 20th. Citigroup set a $74.00 price target on shares of Realty Income and gave the company a “hold” rating in a research note on Tuesday, June 11th. BidaskClub cut shares of Vertex Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Tuesday. Cowen restated an “outperform” rating and set a $1,420.00 target price (up previously from $1,390.00) on shares of Alphabet in a research note on Thursday, April 11th. Finally, Zacks Investment Research cut shares of German American Bancorp. from a “buy” rating to a “hold” rating in a research note on Tuesday, April 30th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $20.15.

JetBlue Airways Company Profile

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2018, the company operated a fleet of 63 Airbus A321 aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 105 destinations in the 31 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S.

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Insider Buying and Selling by Quarter for JetBlue Airways (NASDAQ:JBLU)

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