Jmp Group Llc (JMP): Joseph A Jolson , CEO of Jmp Group Llc purchased 100,000 shares on May 6, 2016. The Insider buying transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.03 per share for a total value of $502,670.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 5, 2016, Joseph A Jolson (CEO) purchased 6,700 shares at $5.04 per share price.On Dec 14, 2015, Raymond Jackson (CFO) purchased 4,000 shares at $5.26 per share price.
JMP Group: On Friday, May 6, 2016 heightened volatility was witnessed in JMP Group which led to swings in the share price. The shares opened for trading at $5.05 and hit $5.1 on the upside , eventually ending the session at $5.09, with a gain of 0.99% or 0.05 points. The heightened volatility saw the trading volume jump to 1,33,370 shares. The 52-week high of the share price is $8.1799 and the company has a market cap of $108 M . The 52-week low of the share price is at $4.95.
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.