Alta Capital Management Llc/ 13F: Cuts JPM Stake by $2.2M

On October 26, 2026, Alta Capital Management reduced its stake in JPMorgan Chase & Co. (JPM) by 6,711 shares, lowering its total to 18,635 shares valued at about $6.2 million. This information comes from the fund's latest Form 13F filing with the SEC.

The fund's reported value for this position now stands at $6,165,067, making up 0.58% of its total reported 13F value of approximately $1.07 billion. Alta Capital ranks 36th among its holdings, and this cut represents a 26.5% decrease in shares held.

JPM JPMorgan Chase & Co.

$334.80 ▲ +4.84% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where JPMorgan Chase Fits in Alta Capital Management's Portfolio

JPMorgan Chase is a relatively small position for Alta Capital, comprising 0.58% of its portfolio. The reduction in shares may signal a shift in investment strategy or a reevaluation of the stock's growth potential.

JPMorgan Chase & Co. Stock Up 0.8%

JPMorgan Chase shares recently traded around $334.12, which is about equal to the closing price of $334.04 on October 26, 2026. The stock is currently below its 50-day moving average by about 3.1% but above its 200-day moving average by 3.6%.

Recent Earnings

JPMorgan Chase reported trailing twelve-month revenue of about $190.7 billion and an EPS of $23.84. The next earnings report is scheduled for January 14, 2027.

Dividend

The company pays an annual dividend of $6.60 per share, yielding approximately 1.98% based on current prices.

Insider Buying and Selling at JPMorgan Chase & Co.

Stacey R. Friedman, General Counsel, sold 5,468 shares on May 20, 2026, at an average price of $300.27 for a total value of about $1.64 million. On June 22, 2026, she sold another 5,467 shares at $330.73, totaling approximately $1.81 million. Officer Robin Leopold sold 2,500 shares on August 11, 2026, at $361.41, valued at about $903,518, and another 2,500 shares on September 10, 2026, at $352.81, for about $882,026.

Analysts Set New Price Targets

On October 14, 2026, Truist Securities maintained a "Hold" rating with a target price of $361.00. Barclays also maintained an "Overweight" rating with a target of $425.00. RBC Capital reiterated an "Outperform" rating with a target of $370.00. Citigroup maintained a "Neutral" rating with a target of $350.00.

About JPMorgan Chase

JPMorgan Chase & Co. operates as a global financial services firm, providing banking and investment services across various sectors. It has a strong presence in consumer banking, commercial banking, and asset management, making it a key player in the financial services industry.

Bottom Line

Investors should watch for the next earnings report on January 14, 2027, and any further changes in institutional holdings for JPMorgan Chase. Alta Capital's recent reduction in shares reflects a strategic shift that could influence future investment decisions.