JMP Group Inc. (NYSE:JMP) CEO Joseph A. Jolson bought 4,762 shares of the firm’s stock in a transaction dated Wednesday, October 12th. The stock was purchased at an average price of $5.50 per share, with a total value of $26,191.00. Following the transaction, the chief executive officer now owns 113,317 shares in the company, valued at approximately $623,243.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of JMP Group Inc. (NYSE:JMP) opened at 5.50 on Monday. JMP Group Inc. has a 1-year low of $4.95 and a 1-year high of $6.70. The stock has a 50 day moving average price of $5.55 and a 200-day moving average price of $5.43. The company’s market cap is $115.25 million.

JMP Group (NYSE:JMP) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.09 by $0.03. The firm earned $29.70 million during the quarter, compared to analysts’ expectations of $40.50 million. JMP Group had a positive return on equity of 2.69% and a negative net margin of 1.96%. Analysts predict that JMP Group Inc. will post $0.40 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for JMP Group (NYSE:JMP)

The company also recently declared a monthly dividend, which was paid on Friday, October 14th. Shareholders of record on Friday, September 30th were issued a $0.03 dividend. The ex-dividend date was Wednesday, September 28th. This represents a $0.36 annualized dividend and a yield of 6.55%. JMP Group’s dividend payout ratio (DPR) is -276.92%.

A number of research analysts recently issued reports on JMP shares. Zacks Investment Research lowered JMP Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 19th. TheStreet downgraded JMP Group from a “hold” rating to a “sell” rating in a research note on Wednesday, August 17th.

A hedge fund recently bought a new stake in JMP Group stock. Emerald Acquisition Ltd. purchased a new stake in shares of JMP Group Inc. (NYSE:JMP) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 96,429 shares of the company’s stock, valued at approximately $524,000. Emerald Acquisition Ltd. owned 0.46% of JMP Group as of its most recent SEC filing. 14.60% of the stock is owned by hedge funds and other institutional investors.

About JMP Group

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.

5 Day Chart for NYSE:JMP

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