JMP Group Inc. (NYSE:JMP) CEO Joseph A. Jolson acquired 4,762 shares of the stock in a transaction on Wednesday, October 12th. The stock was bought at an average cost of $5.50 per share, for a total transaction of $26,191.00. Following the transaction, the chief executive officer now owns 113,317 shares of the company’s stock, valued at approximately $623,243.50. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.
JMP Group Inc. (NYSE:JMP) opened at 5.51 on Tuesday. JMP Group Inc. has a 1-year low of $4.95 and a 1-year high of $6.70. The stock’s market cap is $115.46 million. The stock has a 50 day moving average of $5.55 and a 200 day moving average of $5.44.
JMP Group (NYSE:JMP) last released its earnings results on Wednesday, July 27th. The company reported $0.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.03. The firm had revenue of $29.70 million for the quarter, compared to the consensus estimate of $40.50 million. JMP Group had a negative net margin of 1.96% and a positive return on equity of 2.69%. Equities analysts anticipate that JMP Group Inc. will post $0.40 EPS for the current fiscal year.
An institutional investor recently raised its position in JMP Group stock. GSA Capital Partners LLP boosted its stake in shares of JMP Group Inc. (NYSE:JMP) by 21.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 88,919 shares of the company’s stock after buying an additional 15,916 shares during the period. GSA Capital Partners LLP owned approximately 0.42% of JMP Group worth $483,000 as of its most recent filing with the SEC. 14.60% of the stock is currently owned by institutional investors and hedge funds.
Several analysts have commented on JMP shares. Zacks Investment Research lowered shares of JMP Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 19th. TheStreet lowered shares of JMP Group from a “hold” rating to a “sell” rating in a research report on Wednesday, August 17th.
JMP Group Company Profile