$JXN

Jackson Financial Insider Sold Shares Worth $653,450, According to a Recent SEC Filing

Christopher Raub, Executive Vice President, JFI, and CEO, PPM America, on August 12, 2026, sold 5,000 shares in Jackson Financial (JXN) for $653,450. Following the Form 4 filing with the SEC, Raub has control over a total of 42,160 common shares of the company, with 42,160 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1822993/000182299326000128/xslF345X05/form4.xml

Sector Update: Financial Stocks Rise Late Afternoon

Financial stocks were higher in late Friday afternoon trading, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) increasing 0.3%.The Philadelphia Housing Index was climbing 1.9%, while the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.3%.Bitcoin (BTC-USD) was increasing 1% to $63,828, and the yield for 10-year US Treasuries rose 3 basis points to 4.569%.In corporate news, UBS (UBS) played a key role in fueling withdrawals from Blue Owl's (OWL) Technology Income fund after it advised clients to pare down their private credit holdings, the Financial Times reported. Investors began pulling large sums of money from the fund in Q4 2025 just after the Swiss banks told clients with large private credit holdings to reduce their positions, the report said. UBS shares rose 0.5%, and Blue Owl was up 1.1%.Apollo Global Management (APO) launched a $7.65 billion bid for London-based airline EasyJet on Friday, modestly outbidding rival financial house Castlelake, Reuters and Bloomberg reported. Separately, Apollo has agreed to invest 3 billion euros ($3.4 billion) for a minority stake in a newly established entity holding Bayer's long-acting reversible contraceptives business, the companies said Friday. Apollo's shares were up 0.7%.Circle Internet Group (CRCL) received approval from the Office of the Comptroller of the Currency to establish First National Digital Currency Bank, which will operate under the name Circle National Trust. Circle shares gained 4.5%.Jackson Financial (JXN) shares climbed 6% after Jefferies upgraded the stock to buy from hold and raised the price target to $140 from $120.

Jackson Financial Shares Rise After Jefferies Upgrade

Jackson Financial (JXN) shares rose more than 7% in Friday trading after Jefferies upgraded the stock to buy from hold and raised the price target to $140 from $120.Trading volume stood at over 992,500 shares, compared with a daily average of 607,973.Price: $118.84, Change: $+8.04, Percent Change: +7.26%

Jefferies Upgrades Jackson Financial to Buy From Hold, Adjusts Price Target to $140 From $120