JMP Group Inc. (NYSE:JMP) CEO Joseph A. Jolson bought 94,220 shares of the business’s stock in a transaction on Wednesday, November 9th. The stock was purchased at an average price of $5.50 per share, for a total transaction of $518,210.00. Following the completion of the acquisition, the chief executive officer now owns 113,317 shares of the company’s stock, valued at approximately $623,243.50. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

JMP Group Inc. (NYSE:JMP) opened at 5.94 on Tuesday. The company has a 50-day moving average of $5.61 and a 200-day moving average of $5.51. The company has a market cap of $124.45 million, a P/E ratio of 126.38 and a beta of 1.01. JMP Group Inc. has a 52-week low of $4.95 and a 52-week high of $6.32.

JMP Group (NYSE:JMP) last posted its quarterly earnings data on Tuesday, October 25th. The company reported $0.13 EPS for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.08. JMP Group had a net margin of 0.75% and a return on equity of 2.39%. The company had revenue of $30.68 million for the quarter, compared to analyst estimates of $30.30 million. On average, equities research analysts expect that JMP Group Inc. will post $0.45 earnings per share for the current fiscal year.

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

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, November 15th. Stockholders of record on Monday, October 31st will be paid a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date is Thursday, October 27th. JMP Group’s dividend payout ratio is currently 900.23%.

A hedge fund recently raised its stake in JMP Group stock. GSA Capital Partners LLP boosted its position in shares of JMP Group Inc. (NYSE:JMP) by 21.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,919 shares of the company’s stock after buying an additional 15,916 shares during the period. GSA Capital Partners LLP owned approximately 0.42% of JMP Group worth $483,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 14.50% of the company’s stock.

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

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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