Peter Scher, Vice Chairman of JPMorgan Chase & Co (JPM, Financial), sold 1,812 shares of the company on January 16, 2024, according to a recent SEC Filing. Over the past year, the insider has sold a total of 11,174 shares and has not made any purchases of the stock.
JPMorgan Chase & Co is a global financial services firm and one of the largest banking institutions in the United States, offering a wide range of financial services including investment banking, financial transaction processing, asset management, and private equity.
The insider transaction history for JPMorgan Chase & Co shows a trend of more insider selling than buying over the past year, with 27 insider sells and only 1 insider buy recorded.
On the day of the sale, shares of JPMorgan Chase & Co were trading at $166.65, resulting in a market capitalization of $483.26 billion. The price-earnings ratio stood at 10.36, which is above the industry median of 8.96 but below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio was 0.93, with a GF Value of $178.65, indicating that JPMorgan Chase & Co was Fairly Valued based on the intrinsic value estimate from GuruFocus.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
