Senator John Boozman (R-Arkansas) recently sold shares of JPMorgan Chase & Co. (NYSE:JPM). In a filing disclosed on May 14th, the Senator disclosed that they had sold between $1,001 and $15,000 in JPMorgan Chase & Co. stock on April 8th.
Senator John Boozman also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 4/22/2025.
- Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 4/22/2025.
- Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 4/16/2025.
- Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 4/16/2025.
- Purchased $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 4/16/2025.
- Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 4/16/2025.
- Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/16/2025.
- Sold $1,001 – $15,000 in shares of Gilead Sciences (NASDAQ:GILD) on 4/16/2025.
- Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/15/2025.
- Sold $1,001 – $15,000 in shares of Bank of America (NYSE:BAC) on 4/15/2025.
JPMorgan Chase & Co. Stock Up 0.1%
JPM stock opened at $267.65 on Friday. JPMorgan Chase & Co. has a 12 month low of $190.88 and a 12 month high of $280.25. The firm has a market cap of $743.83 billion, a PE ratio of 13.56, a P/E/G ratio of 2.83 and a beta of 1.07. The firm has a 50 day simple moving average of $240.72 and a 200 day simple moving average of $246.92. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.88 and a quick ratio of 0.89.
JPMorgan Chase & Co. Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Friday, April 4th were paid a dividend of $1.40 per share. The ex-dividend date of this dividend was Friday, April 4th. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.25. This represents a $5.60 annualized dividend and a yield of 2.09%. JPMorgan Chase & Co.’s dividend payout ratio is currently 27.49%.
Insider Transactions at JPMorgan Chase & Co.
In related news, COO Jennifer Piepszak sold 4,273 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $269.85, for a total transaction of $1,153,069.05. Following the completion of the sale, the chief operating officer now directly owns 54,469 shares of the company’s stock, valued at approximately $14,698,459.65. This represents a 7.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Troy L. Rohrbaugh sold 37,500 shares of the company’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $269.84, for a total transaction of $10,119,000.00. Following the sale, the chief executive officer now directly owns 158,381 shares of the company’s stock, valued at approximately $42,737,529.04. This represents a 19.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 129,188 shares of company stock worth $33,095,363 in the last 90 days. 0.47% of the stock is owned by insiders.
Analysts Set New Price Targets
Several research firms recently commented on JPM. UBS Group increased their target price on shares of JPMorgan Chase & Co. from $277.00 to $305.00 and gave the company a “buy” rating in a research note on Thursday, April 17th. TD Cowen began coverage on shares of JPMorgan Chase & Co. in a report on Thursday. They set a “buy” rating and a $305.00 price target on the stock. Bank of America cut their price target on shares of JPMorgan Chase & Co. from $285.00 to $284.00 and set a “buy” rating on the stock in a report on Wednesday, April 2nd. Evercore ISI cut their price target on shares of JPMorgan Chase & Co. from $273.00 to $265.00 and set an “outperform” rating on the stock in a report on Tuesday, April 1st. Finally, Baird R W upgraded shares of JPMorgan Chase & Co. from a “strong sell” rating to a “hold” rating in a report on Friday, March 7th. Eleven investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $258.26.
Get Our Latest Analysis on JPMorgan Chase & Co.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its stake in shares of JPMorgan Chase & Co. by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 59,220,603 shares of the financial services provider’s stock worth $14,161,171,000 after purchasing an additional 876,417 shares during the last quarter. Norges Bank acquired a new position in shares of JPMorgan Chase & Co. during the 4th quarter worth $8,310,884,000. Northern Trust Corp increased its stake in shares of JPMorgan Chase & Co. by 15.4% during the 4th quarter. Northern Trust Corp now owns 33,845,676 shares of the financial services provider’s stock worth $8,113,147,000 after purchasing an additional 4,515,147 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of JPMorgan Chase & Co. by 1.9% during the 1st quarter. Bank of New York Mellon Corp now owns 24,801,153 shares of the financial services provider’s stock worth $6,083,723,000 after purchasing an additional 454,226 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of JPMorgan Chase & Co. by 25,861.9% during the 1st quarter. GAMMA Investing LLC now owns 23,556,011 shares of the financial services provider’s stock worth $5,778,289,000 after purchasing an additional 23,465,278 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.
About Senator Boozman
John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas’ U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman’s academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry
About JPMorgan Chase & Co.
JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.
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