Jetblue Airways Corp (JBLU) Files Form 4 Insider Selling : David W Checketts Sells 13,500 Shares

Jetblue Airways Corp (JBLU): David W Checketts , director of Jetblue Airways Corp sold 13,500 shares on May 5, 2016. The Insider selling transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were sold at $19.30 per share for a total value of $260,439.86 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 3, 2016, George Martin J St (EVP Commercial) sold 30,512 shares at $19.75 per share price.On May 3, 2016, James G Hnat (EVP & General Counsel) sold 15,000 shares at $19.85 per share price.Also, On Apr 6, 2016, Robin Hayes (CEO and President) sold 5,000 shares at $20.32 per share price.On Jan 6, 2016, Joel Clinton Peterson (director) sold 5,491 shares at $21.84 per share price.

Shares of JetBlue Airways Corporation (JBLU) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.33 points or -1.71% at $19 with 67,47,479 shares getting traded. Post opening the session at $19.16, the shares hit an intraday low of $18.675 and an intraday high of $19.25 and the price vacillated in this range throughout the day. The company has a market cap of $6,121 M and the number of outstanding shares has been calculated to be 32,21,54,730 shares. The 52-week high of JetBlue Airways Corporation is $27.36 and the 52-week low is $16.26.

JetBlue Airways Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.JetBlue Airways Corporation is Upgraded by Cowen to Outperform and the brokerage firm has set the Price Target at $24. Earlier the firm had a rating of Market Perform on the company shares. The Rating was issued on Apr 27, 2016.JetBlue Airways Corporation is Upgraded by Barclays to Overweight while Lowering the Price Target of the company shares to $ 26 from a previous price target of $29 . Earlier the firm had a rating of Equal Weight on the company shares. The Rating was issued on Apr 15, 2016.JetBlue Airways Corporation is Reiterated by Deutsche Bank to Buy while Lowering the Price Target of the company shares to $ 31 from a previous price target of $32 . The Rating was issued on Apr 1, 2016.

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States Caribbean and Latin America. The Company operates Airbus A321 Airbus A320 and EMBRAER 190 aircraft types. The Company’s firm aircraft orders consists of approximately 33 Airbus A321 aircraft 25 Airbus A320 new engine option (A320neo) aircraft 45 Airbus A321 new engine option aircraft 24 EMBRAER 190 aircraft and 10 spare engines. It operates fleet which consists of approximately 13 Airbus A321 aircraft 130 Airbus A320 aircraft and 60 EMBRAER 190 aircraft. The Company served approximately 87 BlueCities in 27 states the District of Columbia the Commonwealth of Puerto Rico the United States Virgin Islands and 17 countries in the Caribbean and Latin America.

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JetBlue Airways Corporation - Is it time to Sell?

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