Jetblue Airways Corp (JBLU) Files Form 4 Insider Selling : Robin Hayes Sells 5,000 Shares

Jetblue Airways Corp (JBLU): Robin Hayes , CEO and President of Jetblue Airways Corp sold 5,000 shares on Jul 6, 2016. The Insider selling transaction was reported by the company on Jul 7, 2016 to the Securities and Exchange Commission. The shares were sold at $16.18 per share for a total value of $80,903.50 , 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 6, 2016, Joel Clinton Peterson (director) sold 5,120 shares at $16.64 per share price.On Jun 16, 2016, James G Hnat (EVP & General Counsel) sold 1,000 shares at $16.87 per share price.Also, On May 10, 2016, David W Checketts (director) sold 13,500 shares at $19.30 per share price.On May 3, 2016, George Martin J St (EVP Commercial) sold 30,512 shares at $19.75 per share price.

Shares of JetBlue Airways Corporation (JBLU) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.18 points or -1.08% at $16.46 with 43,02,216 shares getting traded. Post opening the session at $16.6, the shares hit an intraday low of $16.21 and an intraday high of $16.6 and the price vacillated in this range throughout the day. The company has a market cap of $5,303 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 $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 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 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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