Peterson Wealth Services significantly reduced its stake in JPMorgan Chase & Co. by 87% in Q3, selling 44,491 shares and retaining 6,646 shares worth approximately $2.10 million. Additionally, company insiders, including COO Jennifer Piepszak and CFO Jeremy Barnum, sold a total of 14,868 shares, representing about a 10% reduction in their individual holdings. Despite these sales, JPMorgan Chase reported strong Q4 results, beating EPS and revenue estimates, and analysts maintain a “Moderate Buy” rating with an average price target of $340.18.
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JPMorgan Chase & Co. $JPM Shares Sold by Peterson Wealth Services
Peterson Wealth Services significantly reduced its stake in JPMorgan Chase & Co. by 87% in Q3, selling 44,491 shares and retaining 6,646 shares worth approximately $2.10 million. Additionally, company insiders, including COO Jennifer Piepszak and CFO Jeremy Barnum, sold a total of 14,868 shares, representing about a 10% reduction in their individual holdings. Despite these sales, JPMorgan Chase reported strong Q4 results, beating EPS and revenue estimates, and analysts maintain a “Moderate Buy” rating with an average price target of $340.18.