KD Logo

American Express Co. [AXP] Insider Activity: An Update for Investors

American Express Co.’s recently made public that its Pres., GSG and TLS Pickett Denise unloaded Company’s shares for reported $0.67 million on May 22 ’24. In the deal valued at $240.68 per share,2,768 shares were sold. As a result of this transaction, Pickett Denise now holds 12,560 shares worth roughly $2.89 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Then, Joabar Raymond sold 2,230 shares, generating $541,622 in total proceeds. Upon selling the shares at $242.88, the Grp. Pres., GMNS now owns 12,707 shares.

Before that, Joabar Raymond sold 425 shares. American Express Co. shares valued at $103,148 were divested by the Grp. Pres., GMNS at a price of $242.70 per share. As a result of the transaction, Joabar Raymond now holds 2,393 shares, worth roughly $0.55 million.

Citigroup initiated its American Express Co. [AXP] rating to a Neutral in a research note published on June 10, 2024; the price target was $250. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in early June with a ‘”a Neutral”‘ rating. Barclays also remained covering AXP and has decreased its forecast on April 09, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Monness Crespi & Hardt revised its rating on April 05, 2024. It rated AXP as “a Buy” which previously was an “a Neutral”.

Price Performance Review of AXP

On Friday, American Express Co. [NYSE:AXP] saw its stock jump 0.07% to $230.38. Over the last five days, the stock has gained 3.69%. American Express Co. shares have risen nearly 22.97% since the year began. Nevertheless, the stocks have risen 37.20% over the past one year. While a 52-week high of $244.41 was reached on 05/20/24, a 52-week low of $140.91 was recorded on 01/18/24. SMA at 50 days reached $233.08, while 200 days put it at $195.19. A total of 5.06 million shares were traded, compared to the trading of 2.97 million shares in the previous session.

Levels Of Support And Resistance For AXP Stock

The 24-hour chart illustrates a support level at 228.22, which if violated will result in even more drops to 226.05. On the upside, there is a resistance level at 231.83. A further resistance level may holdings at 233.27. The Relative Strength Index (RSI) on the 14-day chart is 47.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.25%. Stochastics %K at 44.74% indicates the stock is a holding.

Most Popular