JPMorgan Chase & Co. $JPM Shares Sold by GSA Capital Partners LLP

Key Points

• GSA Capital Partners cut its JPMorgan stake by 59.9% in the second quarter, selling 8,066 shares and retaining 5,395 shares worth approximately $1.77 million. Other institutional investors increased their holdings, and institutions collectively own 71.55% of the stock.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $359.96. JPMorgan recently exceeded earnings expectations, reporting $6.14 in quarterly EPS versus a $5.59 estimate and $58.02 billion in revenue.
• Company insiders sold 10,467 shares worth approximately $3.59 million over the past three months, including two sales executed under pre-arranged Rule 10b5-1 plans. JPM shares opened at $353.38, near their 12-month high of $366.50.

GSA Capital Partners LLP reduced its stake in JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 59.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,395 shares of the financial services provider's stock after selling 8,066 shares during the quarter. GSA Capital Partners LLP's holdings in JPMorgan Chase & Co. were worth $1,766,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Russell Investments Group Ltd. raised its stake in shares of JPMorgan Chase & Co. by 5.2% during the second quarter. Russell Investments Group Ltd. now owns 2,360,586 shares of the financial services provider's stock worth $773,831,000 after purchasing an additional 116,479 shares during the last quarter. Stoneridge Investment Partners LLC lifted its holdings in shares of JPMorgan Chase & Co. by 185.1% during the second quarter. Stoneridge Investment Partners LLC now owns 6,027 shares of the financial services provider's stock worth $2,120,000 after purchasing an additional 3,913 shares during the period. TFR Capital LLC. grew its position in JPMorgan Chase & Co. by 14.1% in the 2nd quarter. TFR Capital LLC. now owns 14,795 shares of the financial services provider's stock valued at $4,843,000 after buying an additional 1,830 shares during the last quarter. One Wealth Advisors LLC grew its position in JPMorgan Chase & Co. by 2.5% in the 2nd quarter. One Wealth Advisors LLC now owns 8,131 shares of the financial services provider's stock valued at $2,661,000 after buying an additional 196 shares during the last quarter. Finally, Maridea Wealth Management LLC increased its stake in JPMorgan Chase & Co. by 79.5% in the 2nd quarter. Maridea Wealth Management LLC now owns 4,579 shares of the financial services provider's stock valued at $1,499,000 after buying an additional 2,028 shares during the period. Institutional investors and hedge funds own 71.55% of the company's stock.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, General Counsel Stacey Friedman sold 5,467 shares of the firm'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 completion of the transaction, the general counsel owned 40,961 shares in the company, valued at $13,547,031.53. This trade represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robin Leopold sold 2,500 shares of JPMorgan Chase & Co. stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $352.81, for a total value of $882,025.00. Following the transaction, the insider directly owned 71,047 shares of the company's stock, valued at $25,066,092.07. This trade represents a 3.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 10,467 shares of company stock worth $3,593,651 in the last three months. 0.41% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on JPM. Royal Bank Of Canada upped their price objective on shares of JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 15th. Truist Financial lifted their target price on shares of JPMorgan Chase & Co. from $344.00 to $352.00 and gave the company a "hold" rating in a report on Wednesday, July 15th. Keefe, Bruyette & Woods boosted their price target on shares of JPMorgan Chase & Co. from $370.00 to $384.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 15th. Evercore reissued an "outperform" rating and set a $360.00 price target on shares of JPMorgan Chase & Co. in a report on Monday, July 6th. Finally, Jefferies Financial Group set a $350.00 price objective on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 14th. One investment 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 stock. According to data from MarketBeat.com, JPMorgan Chase & Co. presently has an average rating of "Moderate Buy" and a consensus price target of $359.96.

JPMorgan Chase & Co. Price Performance

Shares of NYSE:JPM opened at $353.38 on Friday. The firm has a market capitalization of $939.34 billion, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 1.46 and a beta of 0.98. 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 business's 50 day simple moving average is $351.80 and its 200-day simple moving average is $321.87. JPMorgan Chase & Co. has a 12 month low of $279.10 and a 12 month high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last released its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share for the quarter, beating the consensus estimate of $5.59 by $0.55. The firm had revenue of $58.02 billion during the quarter, compared to the consensus estimate of $50.72 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.JPMorgan Chase & Co.'s quarterly revenue was up 27.7% on a year-over-year basis. During the same period last year, the business posted $4.96 EPS. As a group, equities analysts forecast that JPMorgan Chase & Co. will post 24.29 earnings per share for the current fiscal year.

Key Stories Impacting JPMorgan Chase & Co.

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

• Positive Sentiment: JPMorgan’s strong earnings and capital-return profile remain key supports. Recent coverage highlighted approximately $16.9 billion in quarterly profit and noted that dividends consume only a portion of earnings, suggesting substantial capacity for reinvestment, buybacks and future distributions. JPMorgan Earnings and Dividend Coverage
• Positive Sentiment: The bank is expanding its European corporate-banking footprint, including a reported 25% staffing increase and a launch in Greece. The initiatives could broaden fee revenue and deepen relationships with multinational clients, although the financial impact is expected to build gradually. JPMorgan European Hiring Expansion
• Positive Sentiment: Analyst and market commentary continues to identify JPMorgan as a relatively attractive, well-capitalized bank with exposure to higher interest rates, investment banking and asset management. Its roughly $1 trillion market-cap milestone reinforces its scale and leadership, though valuation expectations are increasingly tied to CEO Jamie Dimon’s continued execution. JPMorgan $1 Trillion Bank Commentary
• Neutral Sentiment: Insider Robin Leopold sold 2,500 shares for approximately $882,000 under a pre-arranged Rule 10b5-1 plan. The sale reduced her direct holdings by 3.4%, but its planned nature makes it a limited signal about management’s outlook. JPMorgan Insider Transaction
• Negative Sentiment: JPMorgan is among the financial institutions facing heightened scrutiny in India over alleged market manipulation involving affiliated entities. Although trading restrictions were eased after funds deposited alleged gains, investigations and compliance concerns remain an overhang. India Lifts Ban on JPMorgan Unit
• Negative Sentiment: The bank’s decision to contest pressure from the Trump administration could preserve independence but also creates potential litigation, regulatory and political costs. Investors may apply a modest risk discount until the disputes are resolved. JPMorgan and Capital One Political Disputes

JPMorgan Chase & Co. Profile

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, lending, payments, investment banking, asset management and wealth management services to consumers, businesses, institutional clients and governments.

The company operates through four primary business areas: Consumer & Community Banking; Commercial & Investment Banking; Asset & Wealth Management; and Corporate. Its offerings include deposit accounts, credit cards, mortgages, auto loans, business banking, commercial lending, treasury services, investment banking, securities trading, investment management and private banking.

JPMorgan Chase serves customers in the United States and maintains operations and client relationships across numerous international markets.

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