Posted 2/23/2024, 11:57:00 PM
Jamie Dimon Sells $150 Million in JPMorgan Shares for First Time in 18 Years as CEO
- Jamie Dimon, JPMorgan Chase CEO, sold $150 million worth of bank shares for the first time in 18 years as CEO
- Sale follows October announcement that Dimon planned to sell 1 million shares held by him and his family
- Dimon continues to hold about 7.7 million shares after Thursday's sale
- JPMorgan stock has outperformed broader market and peers during Dimon's tenure, hitting record highs
- Analysts remain decisively bullish on JPMorgan stock, with highest consensus rating among major banks