Key Points
- JPMorgan General Counsel Stacey Friedman sold 5,467 shares on June 22 at an average price of $330.73, totaling about $1.81 million. The sale, made under a pre-arranged Rule 10b5-1 plan, reduced her ownership by 11.78%.
- JPMorgan’s stock was trading up, opening at $332.42 and staying near its 52-week high of $338.09. The bank’s market cap is about $890.7 billion, with a trailing P/E of 15.92.
- The company recently beat earnings expectations, reporting Q1 EPS of $5.94 versus $5.50 expected and revenue of $50.54 billion versus $48.30 billion expected. JPMorgan also declared a quarterly dividend of $1.50 per share, payable July 31.
JPMorgan Chase & Co. (NYSE:JPM) General Counsel Stacey Friedman sold 5,467 shares of the stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the completion of the transaction, the general counsel owned 40,961 shares in the company, valued at $13,547,031.53. The trade was a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Stacey Friedman also recently made the following trade(s):
- On Wednesday, May 20th, Stacey Friedman sold 5,468 shares of JPMorgan Chase & Co. stock. The stock was sold at an average price of $300.27, for a total transaction of $1,641,876.36.
JPMorgan Chase & Co. Trading Up 2.2%
Shares of JPM stock opened at $332.42 on Tuesday. JPMorgan Chase & Co. has a 1 year low of $272.11 and a 1 year high of $338.09. The firm has a fifty day moving average price of $309.61 and a 200-day moving average price of $307.85. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market cap of $890.73 billion, a price-to-earnings ratio of 15.92, a PEG ratio of 1.51 and a beta of 1.00.
JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last announced its earnings results on Tuesday, April 14th. The financial services provider reported $5.94 EPS for the quarter, topping analysts' consensus estimates of $5.50 by $0.44. The company had revenue of $50.54 billion for the quarter, compared to analysts' expectations of $48.30 billion. JPMorgan Chase & Co. had a return on equity of 17.54% and a net margin of 20.66%.JPMorgan Chase & Co.'s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period last year, the firm earned $5.07 EPS. As a group, equities analysts predict that JPMorgan Chase & Co. will post 22.44 earnings per share for the current year.
JPMorgan Chase & Co. Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be given a $1.50 dividend. The ex-dividend date is Monday, July 6th. This represents a $6.00 dividend on an annualized basis and a yield of 1.8%. JPMorgan Chase & Co.'s dividend payout ratio is presently 28.74%.
Institutional Trading of JPMorgan Chase & Co.
Several institutional investors have recently made changes to their positions in JPM. Norges Bank bought a new position in JPMorgan Chase & Co. in the 4th quarter worth approximately $11,396,496,000. Bank of America Corp DE grew its holdings in JPMorgan Chase & Co. by 15.8% during the 1st quarter. Bank of America Corp DE now owns 65,660,460 shares of the financial services provider's stock valued at $19,314,681,000 after buying an additional 8,941,351 shares in the last quarter. Cardano Risk Management B.V. raised its position in shares of JPMorgan Chase & Co. by 889.3% during the fourth quarter. Cardano Risk Management B.V. now owns 8,673,530 shares of the financial services provider's stock valued at $2,794,785,000 after buying an additional 7,796,814 shares during the last quarter. Danske Bank A S bought a new stake in shares of JPMorgan Chase & Co. during the third quarter valued at approximately $696,885,000. Finally, American Assets Investment Management LLC lifted its holdings in shares of JPMorgan Chase & Co. by 1,172.2% in the fourth quarter. American Assets Investment Management LLC now owns 2,259,400 shares of the financial services provider's stock worth $728,024,000 after buying an additional 2,081,800 shares in the last quarter. Hedge funds and other institutional investors own 71.55% of the company's stock.
Trending Headlines about JPMorgan Chase & Co.
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: Morningstar said JPMorgan is becoming increasingly attractive at current levels and described it as one of the highest-quality financial stocks to own, reinforcing the bullish case for the bank. Article Title
- Positive Sentiment: JPMorgan-related commentary highlighted the company’s growing use of agentic AI in banking operations, suggesting potential efficiency gains and long-term margin support from automation. Article Title
- Positive Sentiment: Recent background earnings remain strong, with JPMorgan having recently beaten consensus on both EPS and revenue, which continues to underpin investor confidence in the stock.
- Neutral Sentiment: The company’s general counsel sold 5,467 shares under a pre-arranged trading plan; while insider sales can weigh on sentiment, the planned nature of the transaction reduces the likelihood that it signals a negative fundamental change. Article Title
- Neutral Sentiment: Several articles referenced JPMorgan research or executives discussing broader market themes, including institutional rebalancing and rate policy, but these were more market commentary than direct company-specific catalysts.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on JPM. Piper Sandler boosted their price objective on JPMorgan Chase & Co. from $325.00 to $345.00 and gave the company an "overweight" rating in a research note on Wednesday, April 15th. Truist Financial raised their target price on shares of JPMorgan Chase & Co. from $323.00 to $332.00 and gave the stock a "hold" rating in a research note on Wednesday, April 15th. Evercore lifted their price target on shares of JPMorgan Chase & Co. from $320.00 to $340.00 and gave the company an "outperform" rating in a report on Friday, April 17th. Autonomous Res dropped their price target on shares of JPMorgan Chase & Co. from $360.00 to $324.00 and set a "neutral" rating for the company in a research report on Monday, April 6th. Finally, The Goldman Sachs Group set a $361.00 price objective on shares of JPMorgan Chase & Co. in a research note on Tuesday, April 14th. Fourteen analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $339.08.
Check Out Our Latest Stock Analysis on JPM
JPMorgan Chase & Co. Company Profile
(
Get Free Report)
JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.
The firm's principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.
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