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James Dimon, Chairman and CEO of JPMorgan Chase & Co. (NYSE:JPM), recently sold a significant portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Dimon sold 133,639 shares of the bank’s common stock on April 14, 2025. The shares were sold at an average price of $235.68 each, totaling approximately $31.5 million.
Following this transaction, Dimon retains direct ownership of 1,321,357 shares. Additionally, he holds shares indirectly through various entities, including a 401(k), family trusts, GRATs, an LLC, and shares held by his spouse. Notably, Dimon disclaims beneficial ownership of shares held by the LLC, except to the extent of any pecuniary interest. The banking giant maintains a healthy 2.37% dividend yield and has raised its dividend for 14 consecutive years, according to InvestingPro analysis.
The sale comes as part of Dimon’s ongoing management of his investment portfolio and does not necessarily reflect his outlook on the company’s future performance. Trading at a P/E ratio of 11.6, JPM maintains a "GOOD" overall financial health score. For deeper insights into JPM’s valuation and financial metrics, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, JPMorgan Chase & Co. reported strong financial results for the first quarter of 2025, exceeding analyst expectations. The company achieved earnings per share (EPS) of $5.07, surpassing the forecast of $4.62, and recorded revenue of $46 billion, which was above the anticipated $43.9 billion. This performance reflects a robust 8% year-over-year revenue growth, driven by significant gains in equities and fixed income trading. Despite these positive earnings, analyst Kenneth Leon from CFRA revised his price target for JPMorgan from $310 to $260, maintaining a Buy rating due to global market uncertainties and trade tariffs. Meanwhile, Truist Securities also adjusted its outlook, lowering JPMorgan’s price target from $264 to $251 while keeping a Hold rating, citing a conservative approach to net charge-offs and loan loss reserves. Both firms acknowledged JPMorgan’s operational strength but noted challenges in investment banking and asset management sectors. These developments highlight the bank’s resilience in a volatile economic landscape, with continued investments in technology and AI.
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