Rep. Bruce Westerman Sells JPMorgan Chase & Co. (NYSE:JPM) Shares

Representative Bruce Westerman (R-Arkansas) recently sold shares of JPMorgan Chase & Co. (NYSE:JPM). In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in JPMorgan Chase & Co. stock on April 21st. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of UniCredit (OTCMKTS:UNCRY) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of CSX (NASDAQ:CSX) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of GSK (NYSE:GSK) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 4/21/2025.
  • Sold $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 4/21/2025.

JPMorgan Chase & Co. Stock Up 1.1%

NYSE JPM opened at $265.81 on Thursday. The firm has a market capitalization of $738.71 billion, a price-to-earnings ratio of 13.47, a PEG ratio of 2.83 and a beta of 1.07. The company has a fifty day moving average of $239.24 and a two-hundred day moving average of $246.33. JPMorgan Chase & Co. has a 52 week low of $190.88 and a 52 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:JPMGet Free Report) last issued its earnings results on Friday, April 11th. The financial services provider reported $5.07 EPS for the quarter, topping analysts’ consensus estimates of $4.63 by $0.44. The business had revenue of $45.30 billion for the quarter, compared to analyst estimates of $43.62 billion. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period last year, the company posted $4.44 earnings per share. On average, analysts predict that JPMorgan Chase & Co. will post 18.1 earnings per share for the current year.

JPMorgan Chase & Co. Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Friday, April 4th were paid a $1.40 dividend. This represents a $5.60 annualized dividend and a dividend yield of 2.11%. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.25. The ex-dividend date was Friday, April 4th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 27.49%.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 1,250 shares of the firm’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $270.09, for a total transaction of $337,612.50. Following the sale, the insider now directly owns 50,377 shares in the company, valued at $13,606,323.93. This trade represents a 2.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Linda Bammann sold 9,500 shares of JPMorgan Chase & Co. stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $250.00, for a total value of $2,375,000.00. Following the completion of the transaction, the director now owns 91,539 shares of the company’s stock, valued at approximately $22,884,750. This represents a 9.40% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 129,188 shares of company stock valued at $33,095,363. Corporate insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on JPM. Keefe, Bruyette & Woods upped their target price on JPMorgan Chase & Co. from $257.00 to $264.00 and gave the stock a “market perform” rating in a report on Thursday, January 16th. Evercore ISI decreased their price objective on JPMorgan Chase & Co. from $273.00 to $265.00 and set an “outperform” rating for the company in a research note on Tuesday, April 1st. KGI Securities assumed coverage on JPMorgan Chase & Co. in a research note on Sunday, April 13th. They issued a “hold” rating on the stock. StockNews.com upgraded shares of JPMorgan Chase & Co. from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, Truist Financial set a $261.00 price target on shares of JPMorgan Chase & Co. in a research report on Monday, April 14th. Eleven 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, the company presently has a consensus rating of “Hold” and a consensus price target of $255.67.

View Our Latest Report on JPM

Institutional Investors Weigh In On JPMorgan Chase & Co.

A number of institutional investors and hedge funds have recently modified their holdings of JPM. Trexquant Investment LP purchased a new position in JPMorgan Chase & Co. during the 1st quarter worth approximately $25,558,000. Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of JPMorgan Chase & Co. by 23.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 16,319 shares of the financial services provider’s stock worth $4,003,000 after purchasing an additional 3,112 shares during the last quarter. Graney & King LLC boosted its holdings in JPMorgan Chase & Co. by 7.6% in the first quarter. Graney & King LLC now owns 832 shares of the financial services provider’s stock valued at $204,000 after purchasing an additional 59 shares during the last quarter. Hanover Advisors Inc. raised its stake in shares of JPMorgan Chase & Co. by 12.2% during the 1st quarter. Hanover Advisors Inc. now owns 1,355 shares of the financial services provider’s stock valued at $332,000 after buying an additional 147 shares during the last quarter. Finally, Itau Unibanco Holding S.A. grew its stake in shares of JPMorgan Chase & Co. by 1,279.8% during the 1st quarter. Itau Unibanco Holding S.A. now owns 20,394 shares of the financial services provider’s stock worth $5,003,000 after purchasing an additional 18,916 shares during the period. Institutional investors and hedge funds own 71.55% of the company’s stock.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About JPMorgan Chase & Co.

(Get Free Report)

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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