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Next Capital Management LLC Has $1.33 Million Position in JPMorgan Chase & Co. $JPM
Next Capital Management LLC recently reduced its stake in JPMorgan Chase & Co. by 56.4% in the third quarter, now holding 4,205 shares valued at $1.33 million. Despite this, JPMorgan Chase & Co. exceeded quarterly EPS estimates, with revenue up 7.1% year-over-year, and analyst consensus maintains a “Moderate Buy” rating for the stock. The bank is focusing on AI strategy and efficiency, though it faces a legal challenge and recent insider selling activity.