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JPMorgan Chase & Co. (NYSE:JPM) EVP Gordon Smith unloaded 71,953 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $55.26, for a total transaction of $3,976,122.78. Following the completion of the sale, the executive vice president now directly owns 215,857 shares in the company, valued at approximately $11,928,258. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of analysts have recently weighed in on JPM shares. Analysts at TheStreet reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a research note to investors on Tuesday. Separately, analysts at Mediobanca SpA downgraded shares of JPMorgan Chase & Co. from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday. Finally, analysts at Zacks reiterated a “neutral” rating on shares of JPMorgan Chase & Co. in a research note to investors on Wednesday, January 15th. They now have a $60.00 price target on the stock. Nine research analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and two have issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $60.71.

Shares of JPMorgan Chase & Co. (NYSE:JPM) traded down 0.38% during mid-day trading on Wednesday, hitting $55.53. 25,471,398 shares of the company’s stock traded hands. JPMorgan Chase & Co. has a one year low of $46.05 and a one year high of $59.82. The stock’s 50-day moving average is $57.58 and its 200-day moving average is $54.69. The company has a market cap of $208.9 billion and a price-to-earnings ratio of 12.81.

JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Monday, January 13th. The company reported $1.30 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.33 by $0.03. The company had revenue of $23.20 billion for the quarter, compared to the consensus estimate of $23.81 billion. During the same quarter last year, the company posted $1.39 earnings per share. JPMorgan Chase & Co.’s revenue was down 2.1% compared to the same quarter last year. On average, analysts predict that JPMorgan Chase & Co. will post $5.98 earnings per share for the current fiscal year.

JPMorgan Chase & Co (NYSE:JPM) is a financial holding company.

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