Analysis
JPMorgan Chase, Bank of America CEOs Dump $268,628,928 of Shares in Their Own Companies in Just Four Months

Credit : dailyhodl.com
JPMorgan Chase CEO Jamie Dimon and Financial institution of America CEO Brian Moynihan unload huge quantities of private fairness of their corporations.
Based on the Monetary DataMiner Secform4.com, the newest transactions passed off this month, when Dimon and Moynihan bought shares value a mixed $ 32.18 million within the two banks that they carry out respectively.
Beginning with the JPMorgan Chase CEO, Dimon sold 133,639 shares of the biggest American financial institution on 14 April attributable to complete belongings, for a complete of round $ 31.50 million.
In February, Dimon bought 866,361 JPMorgan Shase shares with a worth of roughly $ 233.78 million when the share traded virtually excessive at excessive stage.
In the meantime, Moynihan sold $ 679,717 within the shares of Financial institution of America on April 17.
The Financial institution of America Boss additionally bought shares within the second largest American lender value $ 731,563 in March, shares with a worth of $ 971,274 in February and shares value $ 974,169 in January.
Mixed, Dimon and Moynihan bought shares within the two megabanks value round $ 268.63 million because the begin of the yr.
Whereas the Financial institution of America boss often leaves the shares within the Biljoen-Greenback cash shooter that he leads, Dimon initiated the very first sale of the share that he owns in JPMorgan Chase in February 2024. Within the final 14 months, Dimon Jpmorgan’s Chase shares has wasted $ 448.26 million. Dimon turned JPMorgan Chase CEO in December 2005.
Moynihan, alternatively, has been promoting Financial institution of America shares each month since July 2022. He took over as Financial institution of America CEO in January 2010.
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