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Summary

  • Three insiders purchased JMP Group stock within one month.
  • The stock was sold by no insiders in the month of intensive purchasing.
  • 2 of these 3 insiders increased their holdings by more than 10%.

JMP Group (NYSE:JMP) provides investment banking and asset management services in the United States.

(click to enlarge)

Insider buying during the last 30 days

Here is a table of JMP Group's insider activity during the last 30 days.

NameTitleTrade DateShares PurchasedCurrent OwnershipIncrease In Shares
Joseph JolsonCEOApril 24-2834,2642,995,035 shares+1.2%
Jonathan OrszagDirectorApril 2411,31242,281 shares+36.5%
Glenn TongueDirectorApril 23-2521,02371,275 shares+41.8%

There have been 66,599 shares purchased by insiders during the last 30 days.

Insider buying by calendar month

Here is a table of JMP Group's insider activity by calendar month.

MonthInsider buying / sharesInsider selling / shares
April 201466,5990
March 201400
February 201400
January 201400
December 2013209,8080
November 201300
October 201300
September 201300
August 201300
July 201300
June 201300
May 201300
April 201300
March 201361,7980
February 201300
January 201300

There have been 338,205 shares purchased, and there have been zero shares sold by insiders since January 2013.

Financials

JMP Group reported the first-quarter financial results on April 23 with the following highlights:

Revenue$37.7 million
Net income$4.0 million
Tangible book value$5.97 per share

The three insiders purchased their shares after these results.

Competition

JMP Group's competitors include Cowen Group (NASDAQ:COWN), and Evercore Partners (NYSE:EVR). Here is a table comparing these companies.

CompanyJMPCOWNEVR
Market Cap:142.05M479.94M1.81B
Employees:2356331,000
Qtrly Rev Growth (yoy):1.510.430.02
Revenue:149.21M290.44M765.43M
Gross Margin:0.920.820.94
Operating Margin:0.12-0.120.19
Net Income:3.63M4.65M55.98M
EPS:0.160.041.44
P/E:40.69104.7536.17
PEG (5 yr expected):0.501.461.02
P/S:0.941.652.38

JMP Group has the lowest P/S ratio among these three companies.

Here is a table of these competitors' insider activities since January 2013.

CompanyInsider buying / sharesInsider selling / shares
COWN169,047100,000
EVR0484,872

Only JMP Group has seen intensive insider buying during the last 30 days.

Conclusion

There have been three different insiders buying JMP Group, and there have not been any insiders selling JMP Group during the last 30 days. Two of these three insiders increased their holdings by more than 10%. JMP Group has an insider ownership of 28.70%.

The three insiders purchased their shares at prices ranging from $6.45 to $6.55. I believe JMP Group could be a good pick below $6.55 based on the intensive insider buying.

Source: JMP Group: 3 Different Insiders Have Purchased Shares This Month