Nicole Giles Sells 3,015 Shares of JPMorgan Chase & Co. (NYSE:JPM) Stock

JPMorgan Chase & Co. (NYSE:JPM) insider Nicole Giles sold 3,015 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $137.10, for a total transaction of $413,356.50. Following the sale, the insider now owns 10,607 shares of the company’s stock, valued at approximately $1,454,219.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Nicole Giles also recently made the following trade(s):

  • On Monday, October 28th, Nicole Giles sold 863 shares of JPMorgan Chase & Co. stock. The stock was sold at an average price of $126.73, for a total transaction of $109,367.99.

Shares of JPM traded down $2.08 during trading hours on Wednesday, hitting $136.72. The company’s stock had a trading volume of 16,160,760 shares, compared to its average volume of 12,485,173. The business has a 50 day simple moving average of $136.35 and a two-hundred day simple moving average of $121.98. The company has a market cap of $426.78 billion, a price-to-earnings ratio of 15.19, a PEG ratio of 1.85 and a beta of 1.24. JPMorgan Chase & Co. has a 52-week low of $98.09 and a 52-week high of $141.10. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.93 and a quick ratio of 0.93.

JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings data on Tuesday, January 14th. The financial services provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.32 by $0.25. The company had revenue of $28.30 billion during the quarter, compared to analysts’ expectations of $27.69 billion. JPMorgan Chase & Co. had a net margin of 24.70% and a return on equity of 14.63%. JPMorgan Chase & Co.’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.98 earnings per share. Research analysts predict that JPMorgan Chase & Co. will post 10.21 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Monday, January 6th will be paid a dividend of $0.90 per share. The ex-dividend date of this dividend is Friday, January 3rd. This represents a $3.60 annualized dividend and a yield of 2.63%. JPMorgan Chase & Co.’s dividend payout ratio is currently 40.00%.

A number of large investors have recently modified their holdings of JPM. Nuveen Asset Management LLC grew its stake in JPMorgan Chase & Co. by 2,432.9% during the second quarter. Nuveen Asset Management LLC now owns 23,689,599 shares of the financial services provider’s stock valued at $2,648,497,000 after acquiring an additional 22,754,332 shares in the last quarter. Boston Partners lifted its position in JPMorgan Chase & Co. by 301.6% during the third quarter. Boston Partners now owns 10,211,286 shares of the financial services provider’s stock valued at $1,202,693,000 after purchasing an additional 7,668,930 shares during the last quarter. Invesco Ltd. lifted its position in JPMorgan Chase & Co. by 39.8% during the second quarter. Invesco Ltd. now owns 23,689,706 shares of the financial services provider’s stock valued at $2,648,509,000 after purchasing an additional 6,745,215 shares during the last quarter. Johanson Financial Advisors Inc. lifted its position in JPMorgan Chase & Co. by 13,859.0% during the fourth quarter. Johanson Financial Advisors Inc. now owns 3,216,433 shares of the financial services provider’s stock valued at $23,073,000 after purchasing an additional 3,193,391 shares during the last quarter. Finally, Amundi Pioneer Asset Management Inc. lifted its position in JPMorgan Chase & Co. by 43.3% during the second quarter. Amundi Pioneer Asset Management Inc. now owns 7,563,083 shares of the financial services provider’s stock valued at $845,552,000 after purchasing an additional 2,283,575 shares during the last quarter. 72.05% of the stock is owned by institutional investors.

JPM has been the subject of a number of research analyst reports. ValuEngine downgraded shares of JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a report on Tuesday, January 7th. Keefe, Bruyette & Woods downgraded shares of JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating and set a $135.00 target price for the company. in a research note on Monday, December 9th. Robert W. Baird lifted their target price on shares of JPMorgan Chase & Co. from $105.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 16th. Piper Sandler lifted their target price on shares of JPMorgan Chase & Co. from $141.00 to $149.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Credit Suisse Group lifted their target price on shares of JPMorgan Chase & Co. from $142.00 to $147.00 and gave the stock an “outperform” rating in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $134.56.

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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