Traders sold shares of JPMorgan Chase & Co. (NYSE:JPM) on strength during trading hours on Friday. $101.52 million flowed into the stock on the tick-up and $180.41 million flowed out of the stock on the tick-down, for a money net flow of $78.89 million out of the stock. Of all stocks tracked, JPMorgan Chase & Co. had the 0th highest net out-flow for the day. JPMorgan Chase & Co. traded up $0.28 for the day and closed at $67.49

Several research analysts recently commented on JPM shares. Wells Fargo & Co. reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research note on Saturday, July 9th. Argus reissued a “buy” rating and set a $72.00 target price on shares of JPMorgan Chase & Co. in a research note on Monday, July 18th. Vetr cut JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and set a $65.34 target price for the company. in a research note on Thursday, June 9th. Sanford C. Bernstein cut JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating and upped their price objective for the stock from $65.72 to $67.00 in a research report on Tuesday, August 16th. They noted that the move was a valuation call. Finally, Keefe, Bruyette & Woods reaffirmed a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Tuesday, May 17th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and twenty-two have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $71.50.

The firm has a market cap of $243.74 billion and a PE ratio of 11.44. The stock has a 50-day moving average price of $65.30 and a 200 day moving average price of $62.32.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings data on Thursday, July 14th. The financial services provider reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.12. The business earned $24.40 billion during the quarter, compared to analyst estimates of $23.84 billion. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.54 EPS. Equities analysts expect that JPMorgan Chase & Co. will post $5.65 EPS for the current fiscal year.

In other JPMorgan Chase & Co. news, EVP Gordon Smith sold 23,735 shares of the business’s stock in a transaction on Friday, July 15th. The shares were sold at an average price of $64.05, for a total transaction of $1,520,226.75. Following the completion of the transaction, the executive vice president now owns 152,462 shares of the company’s stock, valued at approximately $9,765,191.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ashley Bacon sold 15,521 shares of the business’s stock in a transaction on Friday, July 15th. The stock was sold at an average price of $63.97, for a total transaction of $992,878.37. Following the transaction, the insider now directly owns 14,938 shares of the company’s stock, valued at approximately $955,583.86. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently added to or reduced their stakes in JPM. Jacobus Wealth Management Inc. raised its position in JPMorgan Chase & Co. by 0.8% in the fourth quarter. Jacobus Wealth Management Inc. now owns 224,971 shares of the financial services provider’s stock worth $14,855,000 after buying an additional 1,746 shares in the last quarter. RidgeWorth Capital Management LLC raised its position in JPMorgan Chase & Co. by 10.2% in the fourth quarter. RidgeWorth Capital Management LLC now owns 1,590,316 shares of the financial services provider’s stock worth $105,009,000 after buying an additional 146,704 shares in the last quarter. Deere & Co. raised its position in JPMorgan Chase & Co. by 0.8% in the fourth quarter. Deere & Co. now owns 269,399 shares of the financial services provider’s stock worth $17,788,000 after buying an additional 2,068 shares in the last quarter. Finally, Veritable L.P. raised its position in JPMorgan Chase & Co. by 7.7% in the fourth quarter. Veritable L.P. now owns 152,393 shares of the financial services provider’s stock worth $10,063,000 after buying an additional 10,876 shares in the last quarter.

JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through automatic teller machines, online, mobile and telephone banking.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.