JPMorgan Chase & Co. (JPM) Insider Ashley Bacon Sells 20,145 Shares

JPMorgan Chase & Co. (NYSE:JPM) insider Ashley Bacon sold 20,145 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $109.75, for a total transaction of $2,210,913.75. Following the completion of the sale, the insider now owns 112,191 shares in the company, valued at $12,312,962.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Ashley Bacon also recently made the following trade(s):

  • On Wednesday, January 16th, Ashley Bacon sold 5,831 shares of JPMorgan Chase & Co. stock. The stock was sold at an average price of $102.78, for a total transaction of $599,310.18.

JPM stock opened at $111.10 on Wednesday. JPMorgan Chase & Co. has a 12 month low of $91.11 and a 12 month high of $119.24. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $377.31 billion, a P/E ratio of 12.34, a PEG ratio of 1.60 and a beta of 1.11.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings results on Friday, April 12th. The financial services provider reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.33. The firm had revenue of $29.12 billion during the quarter, compared to analysts’ expectations of $27.95 billion. JPMorgan Chase & Co. had a net margin of 24.28% and a return on equity of 14.23%. During the same period in the previous year, the company earned $2.37 EPS. As a group, research analysts expect that JPMorgan Chase & Co. will post 9.8 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th will be given a $0.80 dividend. The ex-dividend date is Thursday, April 4th. This represents a $3.20 annualized dividend and a yield of 2.88%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 35.56%.

A number of institutional investors have recently added to or reduced their stakes in JPM. TRUE Private Wealth Advisors lifted its position in shares of JPMorgan Chase & Co. by 5.9% in the 4th quarter. TRUE Private Wealth Advisors now owns 22,773 shares of the financial services provider’s stock worth $2,223,000 after purchasing an additional 1,269 shares during the period. Meridian Financial Partners LLC purchased a new stake in shares of JPMorgan Chase & Co. in the 4th quarter worth approximately $237,000. CMH Wealth Management LLC lifted its position in shares of JPMorgan Chase & Co. by 1,066.8% in the 4th quarter. CMH Wealth Management LLC now owns 25,063 shares of the financial services provider’s stock worth $2,447,000 after purchasing an additional 22,915 shares during the period. Curbstone Financial Management Corp lifted its position in shares of JPMorgan Chase & Co. by 1.4% in the 4th quarter. Curbstone Financial Management Corp now owns 25,788 shares of the financial services provider’s stock worth $2,517,000 after purchasing an additional 350 shares during the period. Finally, First Hawaiian Bank lifted its position in shares of JPMorgan Chase & Co. by 384.3% in the 3rd quarter. First Hawaiian Bank now owns 95,808 shares of the financial services provider’s stock worth $10,811,000 after purchasing an additional 76,026 shares during the period. 69.89% of the stock is owned by institutional investors.

A number of analysts have recently weighed in on the stock. Daiwa Capital Markets downgraded shares of JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating in a report on Friday, February 8th. Barclays boosted their target price on shares of JPMorgan Chase & Co. from $135.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, January 2nd. Zacks Investment Research cut shares of JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a research note on Wednesday, December 19th. Wells Fargo & Co reaffirmed a “buy jpm” rating on shares of JPMorgan Chase & Co. in a research note on Thursday, December 20th. Finally, Atlantic Securities cut shares of JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note on Wednesday, December 19th. Eleven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $123.05.

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About JPMorgan Chase & Co.

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.

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Insider Buying and Selling by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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