Big news in the finance world as JPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan have recently made significant sales of personal equity in their respective companies.
According to SecForm4.Com, the latest transactions took place this month, with Dimon and Moynihan selling off a total of $32.18 million worth of stocks in JPMorgan Chase and Bank of America.
Dimon, the CEO of JPMorgan Chase, sold 133,639 shares of the bank on April 14th, amounting to around $31.50 million. In February, he sold 866,361 shares worth approximately $233.78 million when the stock was trading at near all-time highs.
Meanwhile, Moynihan sold $679,717 in Bank of America shares on April 17th. He also sold shares in March, February, and January, totaling to millions of dollars.
Combined, Dimon and Moynihan have sold shares in their companies worth nearly $270 million since the beginning of the year.
Dimon’s sale of JPMorgan Chase stock in February marked the first time he has done so since taking over as CEO in 2005. Over the past 14 months, he has sold shares worth $448.26 million.
On the other hand, Moynihan has been regularly selling Bank of America stock since July 2022. He assumed the role of CEO in January 2010.
Follow us on X, Facebook and Telegram
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Generated Image: Midjourney
