Inside Stories

The Latest JetBlue Airways Corporation (JBLU) Insider Trading Activity

JetBlue Airways Corporation (NASDAQ:JBLU) has seen its stock price gain unch, or unch, so far in 2017. In the past 3-month period alone, shares of JBLU have appreciated +1.81 – or +8.82%. The stock’s 52-week range is $18.05 to $24.13, and its 3-month range is $18.71 to $22.74.

The average Wall Street analyst rating for JetBlue Airways Corporation is Hold, according to the average of 12 analyst scores. Of those analysts, 2 rate stock as a Strong Buy, 9 rate it as Hold, and just 1 analyst rates it as a Moderate Sell.

Insider Trading Activity for JetBlue Airways Corporation

Looking at insider trading can give great insight into how JetBlue Airways Corporation (NASDAQ:JBLU) is performing. JetBlue Airways Corporation has had 14 insider trades in the last 3 months, including 1 open market buys and 13 sells. Of those insider trades, 173 shares of JetBlue Airways Corporation were purchased and 36,071 shares were sold. The total number of shares traded in the last 90-day period is 36,244.

Insider trading over the last 12 months, however, paints a different picture. In the last year there have been a total of 68 insider trades, including 12 open market buys and 56 sells. Of those transactions, there were 121,580 shares of JBLU bought and 215,941 shares sold. The total number of shares traded in the last 12 months is 337,521.

The most recent open market insider trade was Automatic Sell of 2,000 shares on a day where the closing price was 22.47. The insider, HAYES ROBIN, now holds 396,535 shares of JBLU.

The most recent non open market insider trade was completed by PETERSON JOEL CLINTON on 01/02/2018, and was a disposition of 4,632 shares with a final price of $0. The insider now holds 525,806 shares of JetBlue Airways Corporation (JBLU).

Examining Institutional Ownership at JetBlue Airways Corporation (NASDAQ:JBLU)

According to JetBlue Airways Corporation’s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 89.89%. The total amount of shares outstanding is 325.29 million, giving the company a market capitalization of about 7.27 billion.

There are 434 institutional holders with active positions, accounting for 288.23 million shares in total. Of those holders, 189 had increased positions amounting to 42.51 million shares, 182 had decreased positions amounting to 32.5 million shares, and 63 holders have a held position accounting for 213.22 million shares.

The top 5 institutional holders, in ascending order, are as follows: FMR LLC with 32.34 million shares, VANGUARD GROUP INC with 27.15 million shares, BLACKROCK INC. with 26.6 million shares, PRIMECAP MANAGEMENT CO/CA/ with 20.16 million shares, and WELLINGTON MANAGEMENT GROUP LLP with 11.67 million shares.

According to JetBlue Airways Corporation (JBLU) most recent 13F filing, the company has 54 new institutional holders – accounting for 4.08 million shares of its common stock. There were 56 sold out positions, amounting to 10.38 million shares.

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