Anna Marrs Sells 27,425 Shares of American Express (NYSE:AXP) Stock

American Express Company (NYSE:AXP) insider Anna Marrs sold 27,425 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $350.01, for a total value of $9,599,024.25. Following the completion of the sale, the insider directly owned 20,394 shares of the company’s stock, valued at approximately $7,138,103.94. This trade represents a 57.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

American Express Price Performance

Shares of NYSE AXP traded up $4.64 during trading on Friday, hitting $359.26. 3,299,886 shares of the company were exchanged, compared to its average volume of 3,151,870. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.68 and a quick ratio of 1.66. American Express Company has a 1 year low of $220.43 and a 1 year high of $387.49. The company has a market cap of $247.48 billion, a price-to-earnings ratio of 23.34, a PEG ratio of 1.49 and a beta of 1.14. The firm’s fifty day moving average price is $368.66 and its 200 day moving average price is $344.74.

American Express (NYSE:AXPGet Free Report) last announced its quarterly earnings data on Friday, January 30th. The payment services company reported $3.53 EPS for the quarter, missing the consensus estimate of $3.54 by ($0.01). American Express had a net margin of 15.00% and a return on equity of 33.49%. The company had revenue of ($17,139.00) million during the quarter, compared to analyst estimates of $18.91 billion. During the same quarter last year, the business earned $3.04 EPS. The firm’s revenue for the quarter was up 10.5% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. On average, sell-side analysts expect that American Express Company will post 15.33 earnings per share for the current fiscal year.

American Express Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 10th. Investors of record on Friday, January 2nd will be paid a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, January 2nd. American Express’s dividend payout ratio (DPR) is presently 21.31%.

Trending Headlines about American Express

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

Institutional Investors Weigh In On American Express

A number of institutional investors have recently bought and sold shares of AXP. Brighton Jones LLC grew its position in American Express by 24.4% during the fourth quarter. Brighton Jones LLC now owns 6,481 shares of the payment services company’s stock valued at $1,924,000 after acquiring an additional 1,273 shares during the period. Sivia Capital Partners LLC increased its position in American Express by 13.0% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,738 shares of the payment services company’s stock worth $554,000 after purchasing an additional 200 shares in the last quarter. Sax Wealth Advisors LLC raised its holdings in American Express by 3.6% in the second quarter. Sax Wealth Advisors LLC now owns 2,048 shares of the payment services company’s stock valued at $653,000 after buying an additional 72 shares during the period. Valmark Advisers Inc. raised its stake in shares of American Express by 8.5% in the 2nd quarter. Valmark Advisers Inc. now owns 1,598 shares of the payment services company’s stock valued at $510,000 after acquiring an additional 125 shares during the period. Finally, Dempze Nancy E lifted its holdings in shares of American Express by 210.2% during the 2nd quarter. Dempze Nancy E now owns 3,459 shares of the payment services company’s stock valued at $1,103,000 after acquiring an additional 2,344 shares in the last quarter. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AXP has been the subject of a number of research analyst reports. DZ Bank upgraded American Express from a “sell” rating to a “hold” rating and set a $340.00 price target for the company in a research report on Tuesday, October 21st. Compass Point reiterated a “neutral” rating and issued a $324.00 price target on shares of American Express in a research report on Monday, October 20th. Barclays lifted their price objective on American Express from $355.00 to $367.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. Wolfe Research assumed coverage on American Express in a research note on Monday, December 8th. They issued a “peer perform” rating on the stock. Finally, Wells Fargo & Company raised their price target on American Express from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 17th. Nine analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, American Express has an average rating of “Hold” and a consensus target price of $353.05.

Read Our Latest Stock Analysis on American Express

About American Express

(Get Free Report)

American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.

American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co‑brand partnerships with airlines, hotels and retailers.

Further Reading

Insider Buying and Selling by Quarter for American Express (NYSE:AXP)

Receive News & Ratings for American Express Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Express and related companies with MarketBeat.com's FREE daily email newsletter.