Top 10 Insider Sales Last Month

8. JPMorgan Chase & Co. (NYSE:JPM)

Total value of insider sales in February: $250,478,121.36

Market capitalization: $637.23 billion

A well-known name in the finance world, JPMorgan Chase & Co. has millions of customers across 100 global markets. Based in New York, the company is concentrated on investment banking and financial services for all types of customers in the commercial and business sectors. As of December 31, JP Morgan Chase & Co. had $4.0 trillion in assets and $345 billion in stockholders’ equity.

In a recent development, the company announced it would buy back all 300,000 of its outstanding shares of Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series HH. These shares are represented by 3,000,000 depositary shares, with each depositary share representing one-tenth of a share of Series HH Preferred Stock. The company will pay $10,000 for each Series HH Preferred Stock share, which is equivalent to $1,000 for each depositary share.

In February, nine insiders sold a total of $250.48 million worth of shares, at an average price of $272.13 per share. Currently, the stock trades at $225.67 per share, having declined 5.86% since the beginning of the year. Over the past 12 months, JPMorgan Chase & Co. returned 17.92% to its investors.

Nineteen analysts have given a “Moderate Buy” rating on JPMorgan Chase & Co. stock with a price target of $252.89, according to MarketBeat.