Jmp Group Llc (JMP): Joseph A Jolson , CEO of Jmp Group Llc purchased 6,700 shares on May 3, 2016. The Insider buying transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were purchased at $5.04 per share for a total value of $33,765.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 11, 2016, Joseph A Jolson (CEO) purchased 12,100 shares at $5.05 per share price.On Dec 14, 2015, Raymond Jackson (CFO) purchased 4,000 shares at $5.26 per share price.
Shares of JMP Group (JMP) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.02 points or -0.40% at $5.02 with 29,697 shares getting traded. Post opening the session at $5.03, the shares hit an intraday low of $5 and an intraday high of $5.0622 and the price vacillated in this range throughout the day. The company has a market cap of $106 M and the number of outstanding shares has been calculated to be 2,12,04,970 shares. The 52-week high of JMP Group is $8.1799 and the 52-week low is $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.