Senator Tommy Tuberville (R-Alabama) recently sold shares of JPMorgan Chase & Co. (NYSE:JPM). In a filing disclosed on May 15th, the Senator disclosed that they had sold between $15,001 and $50,000 in JPMorgan Chase & Co. stock on April 15th.
Senator Tommy Tuberville also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/15/2025.
- Sold $1,001 – $15,000 in shares of Bristol-Myers Squibb (NYSE:BMY) on 4/15/2025.
- Sold $15,001 – $50,000 in shares of PayPal (NASDAQ:PYPL) on 4/15/2025.
- Sold $15,001 – $50,000 in shares of Constellation Brands (NYSE:STZ) on 4/15/2025.
- Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 4/15/2025.
- Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/15/2025.
- Purchased $50,001 – $100,000 in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) on 4/15/2025.
- Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 4/15/2025.
- Sold $15,001 – $50,000 in shares of Mastercard (NYSE:MA) on 4/15/2025.
- Sold $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 4/15/2025.
JPMorgan Chase & Co. Stock Performance
JPMorgan Chase & Co. stock opened at $267.65 on Friday. The firm has a market capitalization of $743.83 billion, a P/E ratio of 13.56, a PEG ratio of 2.83 and a beta of 1.07. The stock has a fifty day moving average price of $240.72 and a 200 day moving average price of $247.08. JPMorgan Chase & Co. has a 52 week low of $190.88 and a 52 week high of $280.25. The company has a current ratio of 0.88, a quick ratio of 0.89 and a debt-to-equity ratio of 1.24.
JPMorgan Chase & Co. Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Friday, April 4th were issued a $1.40 dividend. This represents a $5.60 dividend on an annualized basis and a dividend yield of 2.09%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend was Friday, April 4th. JPMorgan Chase & Co.’s payout ratio is 27.49%.
Wall Street Analyst Weigh In
Several equities analysts recently commented on JPM shares. Bank of America dropped their target price on JPMorgan Chase & Co. from $285.00 to $284.00 and set a “buy” rating for the company in a research note on Wednesday, April 2nd. Baird R W upgraded JPMorgan Chase & Co. from a “strong sell” rating to a “hold” rating in a research note on Friday, March 7th. Truist Financial set a $261.00 target price on JPMorgan Chase & Co. in a research note on Monday, April 14th. StockNews.com upgraded JPMorgan Chase & Co. from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, UBS Group upped their price target on JPMorgan Chase & Co. from $277.00 to $305.00 and gave the stock a “buy” rating in a research note on Thursday, April 17th. Eleven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $258.26.
Institutional Investors Weigh In On JPMorgan Chase & Co.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Woodline Partners LP boosted its position in shares of JPMorgan Chase & Co. by 39.7% in the first quarter. Woodline Partners LP now owns 236,229 shares of the financial services provider’s stock worth $57,947,000 after buying an additional 67,156 shares during the period. Zurich Insurance Group Ltd FI boosted its position in shares of JPMorgan Chase & Co. by 41.6% in the first quarter. Zurich Insurance Group Ltd FI now owns 653,367 shares of the financial services provider’s stock worth $160,271,000 after buying an additional 191,833 shares during the period. McIlrath & Eck LLC boosted its position in shares of JPMorgan Chase & Co. by 3.6% in the first quarter. McIlrath & Eck LLC now owns 6,517 shares of the financial services provider’s stock worth $1,599,000 after buying an additional 225 shares during the period. Semmax Financial Advisors Inc. boosted its position in shares of JPMorgan Chase & Co. by 3.0% in the first quarter. Semmax Financial Advisors Inc. now owns 36,507 shares of the financial services provider’s stock worth $9,239,000 after buying an additional 1,057 shares during the period. Finally, Empowered Funds LLC boosted its holdings in JPMorgan Chase & Co. by 39.2% in the first quarter. Empowered Funds LLC now owns 175,355 shares of the financial services provider’s stock valued at $43,015,000 after purchasing an additional 49,417 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.
Insider Activity at JPMorgan Chase & Co.
In related news, insider Robin Leopold sold 1,250 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $270.09, for a total value of $337,612.50. Following the completion of the transaction, the insider now owns 50,377 shares of the company’s stock, valued at approximately $13,606,323.93. This represents a 2.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Jennifer Piepszak sold 4,273 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $269.85, for a total value of $1,153,069.05. Following the completion of the transaction, the chief operating officer now directly owns 54,469 shares of the company’s stock, valued at $14,698,459.65. This represents a 7.27% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 129,188 shares of company stock valued at $33,095,363. Insiders own 0.47% of the company’s stock.
About Senator Tuberville
Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.
JPMorgan Chase & Co. Company Profile
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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