Rep. Greg Landsman Sells JPMorgan Chase & Co. (NYSE:JPM) Shares

Representative Greg Landsman (D-Ohio) recently sold shares of JPMorgan Chase & Co. NYSE: JPM. In a filing disclosed on April 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in JPMorgan Chase & Co. stock on March 27th. The trade occurred in the Representative's "ROCKEFELLER CAPITAL MANAGEMENT (2)" account.

Representative Greg Landsman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of CrowdStrike NASDAQ: CRWD on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Cadence Design Systems NASDAQ: CDNS on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Simon Property Group NYSE: SPG on 3/27/2025.
• Sold $1,001 - $15,000 in shares of L3Harris Technologies NYSE: LHX on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Visa NYSE: V on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Cencora NYSE: COR on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Ameriprise Financial NYSE: AMP on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Salesforce NYSE: CRM on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Equinix NASDAQ: EQIX on 3/27/2025.

JPMorgan Chase & Co. Stock Up 4.0 %

JPMorgan Chase & Co. stock traded up $9.15 during midday trading on Friday, reaching $236.26. The company's stock had a trading volume of 20,275,665 shares, compared to its average volume of 9,644,585. The business has a 50-day simple moving average of $248.89 and a 200-day simple moving average of $242.26. The company has a market cap of $660.60 billion, a P/E ratio of 11.97, a P/E/G ratio of 2.83 and a beta of 1.01. JPMorgan Chase & Co. has a fifty-two week low of $179.20 and a fifty-two week high of $280.25. The company has a quick ratio of 0.89, a current ratio of 0.88 and a debt-to-equity ratio of 1.24.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its earnings results on Friday, April 11th. The financial services provider reported $5.07 earnings per share for the quarter, topping the consensus estimate of $4.63 by $0.44. The firm had revenue of $45.30 billion during the quarter, compared to analysts' expectations of $43.62 billion. JPMorgan Chase & Co. had a return on equity of 16.99% and a net margin of 20.96%. The firm's revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.44 earnings per share. On average, research analysts expect that JPMorgan Chase & Co. will post 18.1 earnings per share for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 4th will be paid a dividend of $1.40 per share. The ex-dividend date is Friday, April 4th. This represents a $5.60 dividend on an annualized basis and a dividend yield of 2.37%. This is an increase from JPMorgan Chase & Co.'s previous quarterly dividend of $1.25. JPMorgan Chase & Co.'s payout ratio is presently 28.37%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on JPM shares. Robert W. Baird upgraded shares of JPMorgan Chase & Co. from an "underperform" rating to a "neutral" rating and increased their target price for the stock from $215.00 to $220.00 in a research note on Friday, March 7th. Baird R W raised shares of JPMorgan Chase & Co. from a "strong sell" rating to a "hold" rating in a report on Friday, March 7th. Barclays increased their price target on shares of JPMorgan Chase & Co. from $304.00 to $330.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. Keefe, Bruyette & Woods lifted their target price on shares of JPMorgan Chase & Co. from $257.00 to $264.00 and gave the stock a "market perform" rating in a research note on Thursday, January 16th. Finally, UBS Group increased their target price on JPMorgan Chase & Co. from $276.00 to $287.00 and gave the stock a "buy" rating in a research report on Thursday, January 16th. Ten investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, JPMorgan Chase & Co. currently has an average rating of "Moderate Buy" and an average target price of $254.83.

Institutional Trading of JPMorgan Chase & Co.

Several hedge funds have recently bought and sold shares of the company. Norges Bank acquired a new stake in JPMorgan Chase & Co. in the 4th quarter valued at approximately $8,310,884,000. GAMMA Investing LLC raised its holdings in JPMorgan Chase & Co. by 25,861.9% during the first 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 in the last quarter. Northern Trust Corp raised its stake in shares of JPMorgan Chase & Co. by 15.4% in 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 buying an additional 4,515,147 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in JPMorgan Chase & Co. by 34,259.3% in the 4th quarter. Proficio Capital Partners LLC now owns 3,499,499 shares of the financial services provider's stock valued at $838,865,000 after acquiring an additional 3,489,314 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in shares of JPMorgan Chase & Co. by 31.4% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 10,684,810 shares of the financial services provider's stock worth $2,561,256,000 after purchasing an additional 2,551,899 shares during the last quarter. 71.55% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, COO Jennifer Piepszak sold 4,272 shares of JPMorgan Chase & Co. stock in a transaction on Monday, March 24th. The stock was sold at an average price of $247.03, for a total transaction of $1,055,312.16. Following the transaction, the chief operating officer now owns 50,197 shares in the company, valued at approximately $12,400,164.91. The trade was a 7.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robin Leopold sold 1,250 shares of the company's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $246.92, for a total value of $308,650.00. Following the completion of the transaction, the insider now owns 49,127 shares in the company, valued at $12,130,438.84. This represents a 2.48 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 76,848 shares of company stock worth $19,987,908 in the last ninety days. 0.79% of the stock is currently owned by corporate insiders.

About Representative Landsman

Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio's 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio's 1st Congressional District. He declared candidacy for the 2026 election. Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor's Office of Faith-Based and Community Initiatives.

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.