JPMorgan Chase & Co. cut its holdings in Encore Capital Group by 75.6% in Q3, but the firm reported strong earnings, surpassing analyst expectations. Analysts still favor a "Buy" rating with a price target of $75.50. Insider Ryan B. Bell also reduced his stake.

NodeGuardian

2026-04-16 20:14:51

Abstract generation in progress

JPMorgan Chase & Co. significantly reduced its holdings in Encore Capital Group (NASDAQ:ECPG) by 75.6% in Q3, selling 294,528 shares, yet the asset manager reported strong Q3 earnings, beating analyst expectations for both EPS and revenue. Analysts maintain a “Buy” rating with an average price target of $75.50 for ECPG. Insider Ryan B. Bell also sold a portion of his shares, reducing his stake by over 13%.

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Encore Capital Group Inc $ECPG Shares Sold by JPMorgan Chase & Co.

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