Jetblue Airways Corp (JBLU) Files Form 4 Insider Selling : James G Hnat Sells 1,000 Shares

Jetblue Airways Corp (JBLU): James G Hnat , EVP & General Counsel of Jetblue Airways Corp sold 1,000 shares on Jul 15, 2016. The Insider selling transaction was reported by the company on Jul 18, 2016 to the Securities and Exchange Commission. The shares were sold at $18.54 per share for a total value of $18,540.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 7, 2016, Robin Hayes (CEO and President) sold 5,000 shares at $16.18 per share price.On Jul 6, 2016, Joel Clinton Peterson (director) sold 5,120 shares at $16.64 per share price.Also, On Jun 16, 2016, James G Hnat (EVP & General Counsel) sold 1,000 shares at $16.87 per share price.On May 10, 2016, David W Checketts (director) sold 13,500 shares at $19.30 per share price.

JetBlue Airways Corporation: On Friday, Jul 15, 2016 heightened volatility was witnessed in JetBlue Airways Corporation which led to swings in the share price. The shares opened for trading at $18.38 and hit $18.66 on the upside , eventually ending the session at $18.64, with a gain of 0.38% or 0.07 points. The heightened volatility saw the trading volume jump to 58,23,369 shares. The 52-week high of the share price is $27.36 and the company has a market cap of $6,005 M . The 52-week low of the share price is at $14.76.

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 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.

Leave a Reply

JetBlue Airways Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on JetBlue Airways Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.