27% Of This JetBlue Airways Insider's Holdings Were Sold

Insiders were net sellers of JetBlue Airways Corporation's (NASDAQ:JBLU ) stock during the past year. That is, insiders sold more stock than they bought.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for JetBlue Airways

JetBlue Airways Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the insider, Vladimir Galkin, for US$7.4m worth of shares, at about US$7.25 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$5.72. So it may not tell us anything about how insiders feel about the current share price. The only individual insider seller over the last year was Vladimir Galkin. Notably Vladimir Galkin was also the biggest buyer, having purchased US$4.5m worth of shares.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

JetBlue Airways Insiders Are Selling The Stock

We've seen more insider selling than insider buying at JetBlue Airways recently. In total, insider Vladimir Galkin sold US$7.4m worth of shares in that time. On the flip side, insider Vladimir Galkin spent US$4.5m on purchasing shares (as mentioned above) . Since the selling really does outweigh the buying, we'd say that these transactions may suggest that some insiders feel the shares are not cheap.

Insider Ownership Of JetBlue Airways

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 1.3% of JetBlue Airways shares, worth about US$25m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At JetBlue Airways Tell Us?

The insider sales have outweighed the insider buying, at JetBlue Airways, in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. When we did our research, we found 3 warning signs for JetBlue Airways (1 is concerning!) that we believe deserve your full attention.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.