Insider Cluster (2 insiders) ·Filed Apr 15, 2026

JPM

JPMORGAN CHASE & CO
BEARISH
Impact 8/10
Horizondays Processed5mo ago
Insider cluster: 2 insiders, $42.8M total
Actionable Insight ▼ Bearish

Despite strong earnings, the immediate and substantial insider selling — especially by the CEO — signals profit-taking at a peak, potentially undermining market confidence. Traders should watch for follow-through selling pressure and reassess bullish consensus, particularly given the size and timing relative to the earnings release.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
JPM ▲ +9.77% at T+60d
SHORT call ✗ call lost -9.77% · α vs SPY -2.38% · entry $305.61 → $335.47
Entry anchored
Apr 14, 03:59 PM ET
via exchange tick
T+1d
+1.33%
call -1.33% · α -1.07%
$309.66
settled 6mo ago
T+5d
+2.39%
call -2.39% · α -0.75%
$312.92
settled 5mo ago
T+20d
-0.24%
call +0.24% · α +6.28%
$304.88
settled 5mo ago
T+60d
+9.77%
call -9.77% · α -2.38%
$335.47
settled 3mo ago

Price Chart

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Executive Summary

JPMorgan CEO Jamie Dimon and COO Jennifer Piepszak sold $42.8 million in stock immediately following the company's strong Q1 2026 earnings report, which beat expectations with 27% YoY earnings growth and 10% revenue growth. The sales, executed at market prices, represent a significant insider divestment following positive news.

Key Financial Metrics

Direction
selling
Total Value
$42.8M
Insiders
2

Key Facts

  • CEO Jamie Dimon sold $40.0 million in shares (130,500 shares at ~$306.56) one day after earnings.
  • COO Jennifer Piepszak sold $2.8 million in shares (9,136 shares) on the same day.
  • Total cluster value: $42.8 million in open-market sales by two C-suite executives.
  • Sales occurred one day after JPM reported strong Q1 2026 earnings: $16.5B net income (EPS $5.94, +27% YoY), revenue $49.8B (+10% YoY).
  • Total sales represent approximately 0.005% of JPM's $834.5B market cap — modest in size but highly significant due to timing and insider status.

Financial Impact

$42.8 million in insider sales following earnings beat

insider sentimentmarket perceptiontrading volume

Risk Factors

  • Perception of insider skepticism despite strong financial results.
  • Potential for negative market reaction due to CEO-led selling post-beat.

Market Snapshot

Price
$305.93
Change
-1.7%
Volume
7.9M
Exchange
NYSE
Sector
National Commercial Banks
Analyst Consensus
59% bullish (32 analysts)

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-JPM-1776289835557
68 reports for JPM
Performance horizon
88% Hit rate 7 of 8 directional calls best @ T+60▲ +19.06%May 29, 2026
Filters
Rows
Reports for JPM — sortable, filterable
TypeNow
Sep 11, 2026
21d ago
Court Ruling
NEUTRAL ★ 1/10
$356.23 $349.67▼ −1.84%▼ −1.50%$333.32 (−6.43%)
Sep 10, 2026
22d ago
Court Ruling
NEUTRAL ★ 1/10
$353.56 $349.31▼ −1.20%▼ −1.83%$333.32 (−5.72%)
Sep 9, 2026
23d ago
Court Ruling
NEUTRAL ★ 1/10
$354.71 $348.92▼ −1.63%▼ −0.54%$333.32 (−6.03%)
Sep 3, 2026
29d ago
Court Ruling
NEUTRAL ★ 1/10
$362.06 $356.23▼ −1.61%▼ −0.46%$333.32 (−7.94%)
Sep 1, 2026
4w ago
Court Ruling
NEUTRAL ★ 1/10
$354.95 $354.71▼ −0.07%▼ −0.15%$333.32 (−6.09%)
Aug 31, 2026
4w ago
Court Ruling
NEUTRAL ★ 1/10
$356.02 $353.51▼ −0.70%▼ −0.56%$333.32 (−6.38%)
Aug 31, 2026
4w ago
Court Ruling
NEUTRAL ★ 1/10
$356.02 $353.51▼ −0.70%▼ −0.56%$333.32 (−6.38%)
Aug 27, 2026
5w ago
Court Ruling
NEUTRAL ★ 1/10
$354.22 $362.06▲ +2.21%▲ +1.94%$333.32 (−5.90%)
Aug 26, 2026
5w ago
Court Ruling
NEUTRAL ★ 1/10
$356.50 $356.22▼ −0.08%▲ +0.04%$333.32 (−6.50%)
Aug 19, 2026
6w ago
Court Ruling
NEUTRAL ★ 1/10
$357.26 $356.54▼ −0.20%▲ +0.18%$333.32 (−6.70%)
Showing 10 of 68

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Report published Apr 15, 2026