JMP Group LLC (JMP) CEO Purchases $29,873.88 in Stock

JMP Group LLC (NYSE:JMP) CEO Joseph A. Jolson bought 7,506 shares of the stock in a transaction dated Thursday, April 18th. The shares were acquired at an average price of $3.98 per share, for a total transaction of $29,873.88. Following the completion of the transaction, the chief executive officer now owns 77,026 shares of the company’s stock, valued at approximately $306,563.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

NYSE:JMP opened at $3.95 on Friday. JMP Group LLC has a 1-year low of $3.75 and a 1-year high of $5.72. The company has a debt-to-equity ratio of 12.53, a quick ratio of 2.39 and a current ratio of 2.39. The firm has a market capitalization of $83.97 million, a P/E ratio of 13.62, a PEG ratio of 1.20 and a beta of 0.99.

JMP Group (NYSE:JMP) last posted its quarterly earnings data on Wednesday, February 13th. The financial services provider reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.06. JMP Group had a negative net margin of 1.60% and a positive return on equity of 5.93%. The firm had revenue of $31.70 million for the quarter, compared to analyst estimates of $31.10 million. Analysts forecast that JMP Group LLC will post 0.33 earnings per share for the current fiscal year.

A hedge fund recently bought a new stake in JMP Group stock. Wiley BROS. Aintree Capital LLC acquired a new stake in JMP Group LLC (NYSE:JMP) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 12,000 shares of the financial services provider’s stock, valued at approximately $47,000. Wiley BROS. Aintree Capital LLC owned about 0.06% of JMP Group at the end of the most recent reporting period. 13.73% of the stock is owned by institutional investors and hedge funds.

JMP has been the topic of a number of research reports. Singular Research restated a “buy” rating on shares of JMP Group in a research report on Tuesday, February 26th. Barrington Research restated a “buy” rating and set a $8.00 target price on shares of JMP Group in a research report on Friday, December 28th. ValuEngine lowered shares of JMP Group from a “hold” rating to a “sell” rating in a research report on Friday, March 1st. Finally, Zacks Investment Research upgraded shares of JMP Group from a “sell” rating to a “hold” rating in a research report on Wednesday, December 26th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. JMP Group has a consensus rating of “Hold” and an average price target of $6.50.

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About JMP Group

JMP Group LLC, together with its subsidiaries, provides investment banking, sales and trading, equity research, and asset management products and services in the United States. The company operates through three segments: Broker-Dealer, Asset Management, and Corporate. The Broker-Dealer segment offers various services, such as underwriting and acting as a placement agent for public and private capital markets raising transactions; and financial advisory services in mergers and acquisitions, restructuring, and other strategic transactions.

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