Mary Erdoes Buys Shares of JPMorgan Chase

Mary Erdoes, CEO of Asset & Wealth Management at JPMorgan Chase & Co. (NYSE:JPM), made a significant insider purchase on June 24, 2026. She acquired 60,214 shares, adding to her holdings in the financial giant. This purchase was not part of a pre-planned trading program and highlights insider interest in the company's stock.

Insider Buying and Selling at JPMorgan Chase & Co.

On June 24, 2026, several key executives at JPMorgan Chase & Co. made notable insider transactions. Mary Erdoes, along with Jennifer Piepszak, Chief Operating Officer, both bought 60,214 shares. Additionally, Co-Presidents Troy Rohrbaugh and Douglas Petno each purchased 90,321 shares. These transactions were not under Rule 10b5-1 plans. Meanwhile, General Counsel Stacey Friedman sold a total of 10,935 shares across two planned transactions on June 22 and May 20, 2026.

Other Institutional Activity in JPMorgan Chase

Several major institutional investors have also adjusted their holdings in JPMorgan Chase. BlackRock, Inc. reduced its stake by 3,376,439 shares, holding 208,220,293 shares valued at about $61.25 billion. Vanguard Capital Management LLC opened a new position with 165,278,733 shares worth approximately $48.62 billion. State Street Corp trimmed its holdings by 1,065,474 shares to 124,276,661 shares valued at $36.56 billion. Morgan Stanley increased its stake by 2,159,174 shares, bringing its total to 68,544,442 shares worth about $20.16 billion. Bank of America Corp added 8,941,351 shares, ending with 65,660,460 shares valued at $19.31 billion.

JPMorgan Chase & Co. Stock Down 8.0%

Shares of NYSE:JPM traded near $329.05 on Saturday. JPMorgan Chase & Co. has a market capitalization of approximately $881.7 billion. The stock's P/E ratio is 15.75, with a forward P/E of 13.96 and a beta of 1.0. Over the past 52 weeks, the stock has ranged from a low of $279.10 to a high of $343.45. Its 50-day moving average is $311.11, while the 200-day moving average stands at $307.97.

Recent Earnings

In its most recent earnings report, JPMorgan Chase & Co. posted revenue of $173.56 billion, reflecting a growth of 12.7%. The company achieved a net margin of 33.94% and a return on equity of 16.47%. Earnings per share came in at $20.89. Investors are looking ahead to the next earnings release scheduled for July 14, 2026.

Dividend

JPMorgan Chase offers an annual dividend rate of $6.00 per share, yielding 1.82%. The company's dividend payout ratio is 28.24%, reflecting a sustainable distribution to shareholders.

Analysts Set New Price Targets

On June 26, 2026, Truist Securities maintained its hold rating on JPMorgan Chase with a price target of $344.0. Evercore ISI Group also maintained a buy rating, setting a target of $340.0 on April 17, 2026. The stock has a consensus recommendation of "buy," with the average target price among analysts at approximately $342.90.

About JPMorgan Chase & Co.

JPMorgan Chase & Co., headquartered in New York, NY, is a leading global financial services firm. It operates through segments including Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company provides a wide range of financial services, including banking, investment, and lending products to individual consumers, small businesses, and large corporations. Led by CEO James Dimon, JPMorgan Chase employs over 320,000 people worldwide.

Bottom Line

Mary Erdoes' recent purchase of JPMorgan Chase shares underscores the confidence of insiders in the company's prospects. With a solid market position and recent institutional interest, JPMorgan Chase remains a focal point for investors. However, it's crucial to remember that insider transactions are just one piece of the investment puzzle and may not reflect the company's current situation.