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JPMorgan Chase & Co. (NYSE:JPM) Insider Ashley Bacon unloaded 3,051 shares of the company’s stock on the open market in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $55.26, for a total value of $168,598.26. Following the completion of the sale, the insider now directly owns 21,351 shares of the company’s stock, valued at approximately $1,179,856. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

JPM has been the subject of a number of recent research reports. 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 investment analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $60.71.

Shares of JPMorgan Chase & Co. (NYSE:JPM) traded down 0.38% on Wednesday, hitting $55.53. The stock had a trading volume of 25,471,398 shares. 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 issued its quarterly earnings data on Monday, January 13th. The company reported $1.30 EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted $1.39 earnings per share. The company’s quarterly revenue was down 2.1% on a year-over-year basis. Analysts expect that JPMorgan Chase & Co. will post $5.98 EPS for the current fiscal year.

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

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