CEOs are dumping stock in their companies. Here's what that means [CNN]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
Check Earnings Report
US:NYSE Investor Relations:
jpmorganchase.com/corporate/investor-relations/investor-relations.htm
Company Research
Source: CNN
CEOs are dumping stock in their companies. Here's what that means The captains of Corporate America are steering a record amount of cash into stock buybacks. Companies have announced them this year at a rate of more than $5 billion a day. The buyback boom has been viewed by investors as a sign of confidence among CEOs. Yet with their own money, executives are quietly taking a much different approach: They're cashing out. Insiders dumped $8.4 billion of their shares in May and $9.2 billion in June, according to an analysis of regulatory filings by TrimTabs Investment Research. That's the biggest two-month period of insider selling in a year. "They're buying back from the front door, and shoveling shares out the back door," said John Mousseau, president of CEO of Cumberland Advisors, an investment firm that manages more than $3 billion. "It would be like going on TV to tell everyone what stocks we like, and then selling them," he said. Related: Execs are cashing in on the explosion o
Show less
Read more
Impact Snapshot
Event Time:
JPM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JPM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JPM alerts
High impacting JP Morgan Chase & Co. news events
Weekly update
A roundup of the hottest topics
JPM
News
- JPMorgan appoints Rita Chan, Alan Ho as China co-senior country officers [Reuters]Reuters
- FTSE Russell defers India's inclusion from government bond index [Reuters]Reuters
- UPDATE 1-JPMorgan appoints Rita Chan, Alan Ho as China co-senior country officers [Yahoo! Finance]Yahoo! Finance
- JPMorgan appoints Rita Chan, Alan Ho as China co-senior country officers [Yahoo! Finance]Yahoo! Finance
- Japan's leading stocks could face near-term selling pressure, Wall Street banks say [Reuters]Reuters
JPM
Earnings
- 1/12/24 - Miss
JPM
Sec Filings
- 3/27/24 - Form 424B2
- 3/27/24 - Form 424B2
- 3/27/24 - Form 424B2
- JPM's page on the SEC website