Jmp Group Llc (JMP): Joseph A Jolson , CEO of Jmp Group Llc purchased 12,100 shares on Apr 7, 2016. The Insider buying transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.05 per share for a total value of $61,068.54.
Currently the company Insiders own 32.63% of JMP Group shares according to the proxy statements.Institutional Investors own 23.18% of JMP Group shares.
JMP Group (JMP) witnessed a volatile trading activity on Monday Apr 11, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $5.06 and reached the intraday high at $5.0782. The bulls started the profit booking and pushed the shares to intraday low of $5.02. The trading session was marked by a volume range of 16,922 shares exchanging hands. The 52-week high of the shares is $8.1799 and the 52-week low is $4.95. The market cap of the company stands at $107 M and there are 2,12,40,820 shares in public circulation.
JMP Group Inc. is a full-service investment banking and asset management firm. The Company operates in five segments: Broker-Dealer Asset Management Corporate Credit Investment Income and Corporate Costs. The Broker-Dealer segment includes a range of services such as underwriting and acting as a placement agent for public and private capital markets raising transactions and financial advisory services in mergers and acquisitions restructuring and other strategic transactions. The Asset Management segment includes the management of a range of pooled investment vehicles. The Corporate Credit segment includes the management of collateralized loan obligations and small business loans. The Investment Income segment includes income from the Company’s principal investments in public and private securities. The Corporate Costs segment includes expenses related to JMP Group Inc. the holding company and JMP Group LLC and comprises corporate overhead expenses and interest expense.