J P Morgan Chase & Co (JPM) : On Friday, The money flowed into the J P Morgan Chase & Co (JPM) stock with an uptick to downtick ratio was recorded at 1.47. Transactions worth $165.64 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $112.85 million. The total money flow into the stock was $52.78 million. The block trades reveal a bullish bias with an up-down ratio of 4.34. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $66.38 million of block transactions on upticks. The value of block trades on downticks was $15.3 million, indicating lower selling interest. The total money flow in block trades was $51.09 million. In terms of price action, J P Morgan Chase & Co (JPM) traded down $0.29 during the session at $67.21. Compared to the previous days closing, the stock was down only by -0.43%. For the week, the stock is 1.5%, over previous weeks closing.
The company Insiders own 0.85% of J P Morgan Chase & Co shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.77% . Institutional Investors own 73.68% of J P Morgan Chase & Co shares. During last six month period, the net percent change held by insiders has seen a change of -14.91%.
In a related news, Zames Matthew E, officer (Chief Operating Officer) of Jpmorgan Chase & Co, unloaded 3,991 shares at an average price of $63.91 on July 15, 2016. The total amount of the transaction was worth $255,065, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
J P Morgan Chase & Co (NYSE:JPM): The stock opened at $67.4 and touched an intraday high of $67.575 on Friday. During the day, the stock corrected to an intraday low of $66.98, however, the bulls stepped in and pushed the price higher to close in the green at $67.49 with a gain of 0.42% for the day. The total traded volume for the day was 13,720,662. The stock had closed at $67.21 in the previous trading session.
J P Morgan Chase & Co (JPM) : Traders are bullish on J P Morgan Chase & Co (JPM) as it has outperformed the S&P 500 by a wide margin of 1.93% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.41%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.92% in the last 1 week, and is up 1.79% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. JPMorgan Chases activities are organized into four business segments. The Companys Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through ATMs, online, mobile and telephone banking. The Corporate & Investment Bank, comprising Banking and Markets & Investor Services, offers investment banking, market-making, prime brokerage, and treasury and securities products and services. The Commercial Banking (CB) segment delivers industry knowledge, local expertise and service to the United States and the United States multinational clients. The Asset Management segment comprises investment and wealth management. The Company also operates a Corporate segment.