GSA Capital Partners LLP Invests $1.73 Million in JetBlue Airways Corporation $JBLU

GSA Capital Partners LLP purchased a new position in shares of JetBlue Airways Corporation (NASDAQ:JBLUFree Report) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 301,134 shares of the transportation company’s stock, valued at approximately $1,725,000.

Several other hedge funds also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. grew its stake in shares of JetBlue Airways by 157.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 5,517 shares of the transportation company’s stock valued at $25,000 after buying an additional 3,373 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of JetBlue Airways by 639.1% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 5,839 shares of the transportation company’s stock worth $29,000 after acquiring an additional 5,049 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in JetBlue Airways during the 4th quarter valued at $30,000. Leonteq Securities AG purchased a new position in JetBlue Airways during the 4th quarter valued at $32,000. Finally, Essential Partners LLC grew its position in JetBlue Airways by 1,048.5% in the 1st quarter. Essential Partners LLC now owns 7,293 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 6,658 shares during the last quarter. 83.71% of the stock is currently owned by institutional investors.

More JetBlue Airways News

Here are the key news stories impacting JetBlue Airways this week:

  • Positive Sentiment: Some earnings estimates improved: Zacks Research raised its FY2026 EPS forecast to a loss of $2.46 from a loss of $3.57, while its Q3 and Q4 2026 loss estimates improved to $0.57 and $0.35 per share, respectively. The firm also increased its FY2028 EPS forecast to $0.76 from $0.49, suggesting analysts see a path toward eventual profitability. MarketBeat analyst estimates
  • Positive Sentiment: Operational leadership consolidation: JetBlue promoted Jeffrey Winter to senior vice president overseeing flight operations, inflight experience and technical operations. Bringing three major operating groups under one executive could improve coordination, reliability and cost discipline. JetBlue operational leadership announcement
  • Neutral Sentiment: Recent rally faces a credibility test: JBLU has gained 22.2% over the past three months, supported by stronger revenue trends and favorable estimate revisions. However, the stock’s ability to extend that rally depends on whether JetBlue can convert revenue growth into sustainable profits. Zacks JetBlue rally analysis
  • Negative Sentiment: Several forward estimates were reduced: Zacks cut its FY2027 EPS forecast to a loss of $0.35 from $0.21, lowered Q1 2027 EPS to a loss of $0.34, and reduced Q3 2027 and Q4 2027 estimates to $0.06 and a loss of $0.10, respectively. These revisions point to a slower recovery than previously expected.
  • Negative Sentiment: Profitability and balance-sheet concerns remain: JetBlue continues to face fuel-cost exposure, projected annual losses and substantial leverage, which could limit financial flexibility and weigh on the stock despite improving revenue trends.

JetBlue Airways Stock Performance

Shares of NASDAQ:JBLU opened at $5.65 on Monday. The company has a market capitalization of $2.13 billion, a PE ratio of -2.36 and a beta of 1.74. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 5.04. JetBlue Airways Corporation has a 12-month low of $3.87 and a 12-month high of $6.62. The business’s fifty day simple moving average is $5.63 and its 200-day simple moving average is $5.25.

JetBlue Airways (NASDAQ:JBLUGet Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The transportation company reported ($0.66) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.69) by $0.03. JetBlue Airways had a negative return on equity of 45.92% and a negative net margin of 9.32%.The firm had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.69 billion. During the same period in the prior year, the business posted ($0.21) EPS. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. As a group, equities research analysts predict that JetBlue Airways Corporation will post -2.21 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Vivek Sharma sold 32,000 shares of JetBlue Airways stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $5.41, for a total value of $173,120.00. Following the transaction, the director owned 35,479 shares of the company’s stock, valued at $191,941.39. The trade was a 47.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Ursula L. Hurley sold 77,253 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $5.76, for a total transaction of $444,977.28. Following the transaction, the chief financial officer owned 211,099 shares of the company’s stock, valued at approximately $1,215,930.24. This trade represents a 26.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 111,253 shares of company stock valued at $629,597. Insiders own 2.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. The Goldman Sachs Group increased their target price on JetBlue Airways from $3.50 to $4.50 and gave the stock a “sell” rating in a research note on Thursday, July 2nd. Susquehanna boosted their target price on shares of JetBlue Airways from $5.00 to $6.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. Weiss Ratings restated a “sell (d-)” rating on shares of JetBlue Airways in a report on Friday, July 17th. Citigroup lowered shares of JetBlue Airways from a “neutral” rating to a “sell” rating and decreased their price objective for the company from $6.60 to $5.30 in a report on Friday, August 7th. Finally, UBS Group boosted their price objective on shares of JetBlue Airways from $4.00 to $4.50 and gave the company a “sell” rating in a research report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, JetBlue Airways presently has a consensus rating of “Reduce” and an average target price of $5.40.

Get Our Latest Report on JBLU

About JetBlue Airways

(Free Report)

JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.

The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.

See Also

Want to see what other hedge funds are holding JBLU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JetBlue Airways Corporation (NASDAQ:JBLUFree Report).

Institutional Ownership by Quarter for JetBlue Airways (NASDAQ:JBLU)

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