Bulltick Wealth Management LLC Sells 2,982 Shares of JPMorgan Chase & Co. $JPM

Key Points

• Bulltick Wealth Management cut its JPMorgan stake by 42.6% in the second quarter, selling 2,982 shares and retaining 4,024 shares valued at approximately $1.32 million.
• Institutional ownership remains substantial at 71.55%, with several firms increasing their positions, including Tokio Marine Asset Management, which raised its stake by 21.4%.
• JPMorgan reported strong quarterly results, with EPS of $6.14 and revenue of $58.02 billion, both exceeding estimates. Analysts maintain a “Moderate Buy” consensus, although regulatory scrutiny and potential capital-rule changes remain risks.

Bulltick Wealth Management LLC cut its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 42.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,024 shares of the financial services provider's stock after selling 2,982 shares during the period. Bulltick Wealth Management LLC's holdings in JPMorgan Chase & Co. were worth $1,317,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tokio Marine Asset Management Co. Ltd. lifted its stake in JPMorgan Chase & Co. by 21.4% in the second quarter. Tokio Marine Asset Management Co. Ltd. now owns 116,871 shares of the financial services provider's stock worth $38,255,000 after purchasing an additional 20,594 shares during the last quarter. Pinkerton Wealth LLC lifted its stake in shares of JPMorgan Chase & Co. by 0.6% during the 2nd quarter. Pinkerton Wealth LLC now owns 21,524 shares of the financial services provider's stock worth $7,045,000 after acquiring an additional 138 shares during the last quarter. SkyOak Wealth LLC boosted its holdings in JPMorgan Chase & Co. by 1.0% during the 2nd quarter. SkyOak Wealth LLC now owns 26,977 shares of the financial services provider's stock valued at $8,830,000 after acquiring an additional 267 shares during the period. Providence Wealth Advisors LLC boosted its holdings in JPMorgan Chase & Co. by 1.7% during the 2nd quarter. Providence Wealth Advisors LLC now owns 21,242 shares of the financial services provider's stock valued at $7,110,000 after acquiring an additional 364 shares during the period. Finally, Keeler Thomas Management LLC bought a new position in JPMorgan Chase & Co. in the 2nd quarter valued at $3,819,000. 71.55% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting JPMorgan Chase & Co.

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan is expanding its retail footprint with a planned branch in the Lake Norman area and a new Frisco, Texas, lease. The moves support long-term deposit gathering, customer acquisition and local commercial-banking growth, although the near-term earnings impact is likely modest. Chase Bank plans to open new branch in Lake Norman JPMorgan Chase plans expansion, signs Frisco lease
• Positive Sentiment: A new collaboration with Experian will embed account and payee verification into payment workflows. By helping businesses detect incorrect accounts and potential fraud before funds are sent, the service could strengthen JPMorgan’s payments offering and create additional enterprise relationships. Experian and JPMorgan Push Account Checks Into Payment Workflows
• Positive Sentiment: JPMorgan’s potential stablecoin is viewed as a way to extend its blockchain-payment capabilities, accelerate settlement and deepen institutional digital-finance relationships. The initiative could improve the bank’s competitive position in payments, though commercialization and regulatory execution remain uncertain. Can JPMorgan's Stablecoin Push Strengthen Its Digital Payments Edge?
• Neutral Sentiment: Recent comparisons indicate JPMorgan has helped lead gains among diversified banks, with analysts remaining moderately optimistic. That supports sentiment but offers limited new information about earnings or valuation. How Is JPMorgan Chase's Stock Performance Compared to Other Diversified Bank Stocks
• Negative Sentiment: Regulatory scrutiny is a key risk. The SEC reportedly subpoenaed JPMorgan and other major banks over margin lending to a hedge fund that suffered a steep drawdown. Separately, a proposed GSIB capital-surcharge revision and a technical funding change could reduce expected capital relief, potentially pressuring returns and buyback capacity. SEC Probe Puts Wall Street Leverage Risk Back in Focus JPMorgan Prices One Fed Formula at 61% of Quarterly Profit

Insider Activity at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 2,500 shares of the business's stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total value of $903,525.00. Following the completion of the transaction, the insider owned 73,547 shares of the company's stock, valued at $26,580,621.27. The trade was a 3.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of the company's stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $330.73, for a total value of $1,808,100.91. Following the sale, the general counsel owned 40,961 shares of the company's stock, valued at approximately $13,547,031.53. This represents a 11.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.41% of the company's stock.

JPMorgan Chase & Co. Stock Down 0.0%

Shares of JPMorgan Chase & Co. stock opened at $357.54 on Monday. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market cap of $950.41 billion, a price-to-earnings ratio of 15.32, a PEG ratio of 1.47 and a beta of 0.99. The firm's 50-day moving average is $347.44 and its two-hundred day moving average is $318.80. JPMorgan Chase & Co. has a 1 year low of $279.10 and a 1 year high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, beating the consensus estimate of $5.59 by $0.55. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The business had revenue of $58.02 billion during the quarter, compared to analyst estimates of $50.72 billion. During the same quarter in the previous year, the business posted $4.96 EPS. The company's quarterly revenue was up 27.7% compared to the same quarter last year. As a group, research analysts expect that JPMorgan Chase & Co. will post 24.28 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on JPM. Wells Fargo & Company increased their target price on JPMorgan Chase & Co. from $375.00 to $390.00 and gave the stock an "overweight" rating in a research note on Friday, August 14th. Royal Bank Of Canada upped their price target on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an "outperform" rating in a report on Wednesday, July 15th. Bank of America raised their price target on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a "buy" rating in a research note on Thursday, July 16th. Jefferies Financial Group set a $350.00 price objective on shares of JPMorgan Chase & Co. in a report on Tuesday, July 14th. Finally, Morgan Stanley reissued a "positive" rating and issued a $370.00 price objective on shares of JPMorgan Chase & Co. in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $359.96.

JPMorgan Chase & Co. Company Profile

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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