Staley Capital Advisers Inc. Trims Position in JPMorgan Chase & Co. $JPM

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Staley Capital Advisers Inc. reduced its stake in JPMorgan Chase & Co. by 1.7% in Q3, selling 7,598 shares and now holding 429,150 shares valued at approximately $135.37 million. This position constitutes 5.6% of the firm’s total holdings and is its fourth-largest. The article also notes recent insider selling by General Counsel Stacey Friedman and Robin Leopold, and provides a market consensus of “Moderate Buy” with an average price target of $339.55 for JPM (NYSE:JPM).

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