Yesterday it was reported that the Chairman, President & Chief Executive Officer of JPMorgan Chase & Co. (JPM – Research Report), James Dimon, exercised options to sell 276,725 JPM shares for a total transaction value of $27.95M.
Following James Dimon’s last JPM Sell transaction on March 27, 2020, the stock climbed by 13.2%. This recent transaction decreases James Dimon’s holding in the company by 1% to a total of $829 million.
The company has a one-year high of $141.10 and a one-year low of $76.91. Currently, JPMorgan Chase & Co. has an average volume of 13.28M. JPM’s market cap is $308 billion and the company has a P/E ratio of 13.10.
Based on 13 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $110.82, reflecting a -8.5% downside.
James Dimon’s trades have generated a -6.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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JPMorgan Chase & Co. is a financial holding company. It provides financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research. It operates through the following segments: Consumer and Community Banking, Corporate and Investment Bank, Commercial Banking and Asset and Wealth Management. The Consumer and Community Banking segment serves consumers and businesses through personal service at bank branches and through automated teller machine, online, mobile, and telephone banking. The Corporate and Investment Bank segment offers a suite of investment banking, market-making, prime brokerage, and treasury and securities products and services to a global client base of corporations, investors, financial institutions, government and municipal entities. The Commercial Banking segment delivers services to U.S. and its multinational clients, including corporations, municipalities, financial institutions, and non profit entities. It also provides financing to real estate investors and owners as well as financial solutions, including lending, treasury services, investment banking, and asset management. The Asset and Wealth Management segment provides asset and wealth management services. The company was founded in 1968 and is headquartered in New York, NY.