Insider Selling: American Express (NYSE:AXP) Insider Sells $22,925,956.20 in Stock

American Express Company (NYSE:AXP) insider Laureen Seeger sold 69,860 shares of the stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $328.17, for a total value of $22,925,956.20. Following the completion of the sale, the insider directly owned 9,002 shares in the company, valued at $2,954,186.34. This represents a 88.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

American Express Stock Performance

Shares of AXP opened at $324.95 on Friday. The stock has a 50-day simple moving average of $316.48 and a 200-day simple moving average of $325.81. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.58 and a current ratio of 1.58. The stock has a market capitalization of $217.90 billion, a PE ratio of 18.30, a PEG ratio of 1.40 and a beta of 1.09. American Express Company has a 1 year low of $290.97 and a 1 year high of $387.49.

American Express (NYSE:AXP) last announced its quarterly earnings data on Friday, October 23rd. The payment services company reported $4.68 EPS for the quarter, topping analysts’ consensus estimates of $4.50 by $0.18. American Express had a return on equity of 34.19% and a net margin of 15.80%. The business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $20.12 billion. During the same period in the previous year, the company posted $4.14 earnings per share. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. On average, analysts predict that American Express Company will post 17.98 earnings per share for the current fiscal year.

American Express Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be paid a $0.95 dividend. The ex-dividend date is Friday, October 9th. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. American Express’s payout ratio is currently 21.40%.

American Express News Roundup

Here are the key news stories impacting American Express this week:

• Positive Sentiment: American Express expanded its NBA, WNBA and USA Basketball partnerships with international cardmember experiences and benefits, which could support customer engagement and brand loyalty. Article: American Express Brings Global Basketball Perks to Cardholders
• Positive Sentiment: An October partnership with Airbnb adds more than one million listings to Amex Travel for eligible U.S. cardmembers, potentially enhancing the appeal of its travel platform. Article: Airbnb Stock in Focus After Amex Deal
• Neutral Sentiment: A recent comparison asks whether AXP or Virtu Financial is the better value stock, but the available summary provides no specific valuation conclusion or new company catalyst. Article: VIRT or AXP: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Insiders Anna Marrs and Laureen Seeger disclosed sizable stock sales. Such transactions can weigh on sentiment, though they do not necessarily signal a change in business outlook. Article: American Express Insider Anna Marrs Sells Shares Article: American Express Insider Laureen Seeger Sells Shares
• Negative Sentiment: Macro concerns are cited as the broader issue behind selling, alongside a report highlighting job cuts. A separate warning from investor Bill Ackman about corporate-spending fintech Ramp adds to concerns about competition, although the article notes analysts still expect AXP to grow earnings and revenue. Article: Amex Stock Slides on Job Cuts, but the Real Story Is Macro Article: American Express Draws Bill Ackman’s Warning

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Barclays lowered their target price on shares of American Express from $342.00 to $340.00 and set an “equal weight” rating for the company in a research note on Monday, October 26th. HSBC raised their price target on American Express from $312.00 to $329.00 and gave the company a “hold” rating in a research note on Monday, July 13th. BMO Capital Markets initiated coverage on American Express in a report on Thursday, October 8th. They set an “outperform” rating and a $380.00 price target for the company. UBS Group upped their price objective on American Express from $345.00 to $346.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, Citigroup lowered their price objective on American Express from $340.00 to $335.00 and set a “neutral” rating for the company in a research report on Tuesday, October 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $365.22.

Institutional Trading of American Express

Institutional investors have recently modified their holdings of the stock. Three Bridge Wealth Advisors LLC acquired a new position in shares of American Express in the 3rd quarter valued at $66,000. King Luther Capital Management Corp grew its stake in shares of American Express by 1.1% during the 3rd quarter. King Luther Capital Management Corp now owns 667,629 shares of the payment services company’s stock valued at $203,026,000 after buying an additional 7,164 shares during the period. Banyan Capital Management Inc. acquired a new stake in shares of American Express during the 3rd quarter worth $3,156,000. Maryland State Retirement & Pension System increased its holdings in shares of American Express by 13.5% during the 3rd quarter. Maryland State Retirement & Pension System now owns 32,246 shares of the payment services company’s stock worth $9,806,000 after buying an additional 3,841 shares during the last quarter. Finally, Ritholtz Wealth Management increased its holdings in shares of American Express by 3.7% during the 3rd quarter. Ritholtz Wealth Management now owns 15,394 shares of the payment services company’s stock worth $4,681,000 after buying an additional 550 shares during the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.

About American Express

American Express Company is a global financial services company that provides payment, lending, travel and expense management products and services. Its offerings include consumer and small-business charge and credit cards, corporate payment programs, business financing solutions, deposit products and digital payment services.

The company operates an integrated payments network that connects card members, merchants and financial institutions. American Express also provides merchant acquisition and payment processing services, data and analytics, fraud prevention tools, and customer loyalty programs.