JPMorgan Chase & Co. assumed coverage on shares of AssetMark Financial (NYSE:AMK) in a research report released on Monday morning, BenzingaRatingsTable reports. The firm issued a neutral rating and a $29.00 target price on the stock.
NYSE AMK opened at $23.31 on Monday. AssetMark Financial has a 1 year low of $22.87 and a 1 year high of $28.61.
In other AssetMark Financial news, major shareholder Securities Co. Ltd. Huatai sold 8,125,000 shares of the business’s stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $20.57, for a total transaction of $167,131,250.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
About AssetMark Financial
AssetMark Financial Holdings, Inc provides wealth management and technology solutions in the United States. The company offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology to the financial adviser channel.
Featured Story: Understanding the two types of arbitrage
Receive News & Ratings for AssetMark Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AssetMark Financial and related companies with MarketBeat.com's FREE daily email newsletter.