A small percent of shares are being held by JP Morgan' asset management arm (3.72%), meaning they are being held mostly for clients of JP Morgan, but most of the shares are being held by JP Morgan Securities (7.39%), meaning that the bank is likely building a position itself in the company.
Read moreNumis Securities Limited, a leading independent investment banking and institutional stockbroking firm has today initiated coverage on CFD broker Plus500 (LON:PLUS) in a research note issued on Wednesday, AnalystRatings.Net is reporting. The shares are trading up today around 3.8% on the news. Numis set a “Buy” rating for Plus500 (LON:PLUS) and placed a GBX 824…
Read moreBuy, buy, buy! JP Morgan crosses 10% ownership stake in Plus500 In continued bullish fervor, JP Morgan crossed over 10% in ownership stake of Plus500 (LON:PLUS). Just last Friday, JPMorgan had increased its interest in Plus500 to 6.8%. Also, reported several weeks ago JPMorgan had hit a 4% holding in Plus500. Does the steady pace…
Read moreOn a day equity markets were down big, CFD broker Plus500 sets another all-time high. FCA regulated CFD broker Plus500 (LON:PLUS) continues to be a darling of the London Stock Exchange. Plus500 shares traded up 3.6% on Thursday, briefly crossing the £7.00 mark for the first time before settling to close at £6.98. At its current share…
Read morePlus500 shares soar 5.4% on Wednesday following release of its Annual Report. Plus500's secret sauce? It has now been a couple of days since investors got their hands on Plus500's 2013 Annual Report, and it seems like they like what they see. With no 'new' news out, Plus500's shares (LON:PLUS) went on another tear on…
Read moreCorporate efficiency detailed in full as Plus500 releases its annual report for 2013 Plus500 has released its annual results for the full year 2013, which demonstrate what could be considered a predictably strong performance when bearing in mind the company's high valuation and successful initial public offering during the later stages of 2013. Last year, Plus500…
Read moreJP Morgan Asset Management and JP Morgan Securities acquire 4% of Plus500. CFD broker Plus500 (PLUS.L) can look back over recent events with some degree of satisfaction, with the entity continually demonstrating high stock prices since its equally high-ticket IPO. Today, the company has published a notification of major interest in shares, denoting that corporate…
Read moreInsiders to sell $170M of Plus500 shares. IPO benefits: higher volumes, but also lower client acquisition costs. When we wrote back in December that Plus500 (LON:PLUS) CEO Gal Haber was targeting a billion dollar valuation for his newly public company, we did so with a certain amount of skepticism. After all, industry leader FXCM's valuation…
Read moreNew campaign for increasing brand awareness could put pressure on costs in the short term The preliminary report for 2013 that the publicly listed CFD broker Plus500 (LON:PLUS) has released yesterday, have caused quite a dramatic share prices spike in London trading. The main points that we already outlined were the revenue doubling over 2012 (even…
Read moreQ4 revenues alone are totaling just over $50 million compared to $20 million in Q3 One of the leading publicly traded brokerages listed in the UK, Plus500 (LON:PLUS) has reported its preliminary results for 2013 and the numbers are staggering. Revenues at the company increased by 105% year-on-year to $115.1 million, while net profits almost…
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