$JPM Stock Down 4%, Insiders and Institutions Make Moves

$JPM stock has dropped by 4% today, according to data from Quiver Quantitative's price tracker. The firm reports that there have been approximately $725,453,202 in trading volume for JPMorgan Chase & Co.

In the past six months, $JPM insiders have made a total of 19 trades on the open market, with all 19 being sales. Notable among these is Chairman and CEO James Dimon, who sold an estimated $40 million worth of shares in one transaction.

Meanwhile, institutional investors have been buying up $JPM stock. Sixth Street Partners Management Company, L.P. added nearly 19 million shares to their portfolio in the last quarter, while JPMorgan Chase & Co. also increased its stake by over 5 million shares.