The 25 Biggest Insider Purchases in October

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21. JPMorgan Chase & Co (NYSE:JPM)

Who Bought Shares: Director Mellody L. Hobson

How Many Shares Were Bought: 1,150 @ $108.94 per share

Date of the Transaction(s): October 19

This was the first case of insider buying at JPMorgan Chase & Co (NYSE:JPM) in five months, coming just ahead of the stock hitting 2018 lows on October 24. JPMorgan is preparing to expand nationally after years of being secretly held back from opening branches in new states, which it hasn’t done in a decade. According to Bloomberg, enforcement of Obama-era regulations that dated back to 2012 were the culprit, regulations which have since been rolled back by the Trump administration.

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