American Express Co’s filing revealed that its Grp. Pres., GMNS Joabar Raymond unloaded Company’s shares for reported $4.77 million on Jan 28 ’25. In the deal valued at $313.94 per share,15,179 shares were sold. As a result of this transaction, Joabar Raymond now holds 23,866 shares worth roughly $7.55 million.
Then, RAYMOND D JOABAR bought 15,179 shares, generating $4,765,262 in total proceeds.
Before that, Le Caillec Christophe sold 6,000 shares. American Express Co shares valued at $1,820,880 were divested by the Chief Financial Officer at a price of $303.48 per share. As a result of the transaction, Le Caillec Christophe now holds 6,433 shares, worth roughly $2.04 million.
Monness Crespi & Hardt reiterated its American Express Co [AXP] rating to a Buy in a research note published on January 27, 2025; the price target was $355. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who remained covering the stock and in mid December has reiterated a ‘”a Buy”‘ rating for it. Monness Crespi & Hardt also remained covering AXP and reiterated its “Buy” recommendation on October 14, 2024. HSBC Securities revised its rating on October 08, 2024. It rated AXP as “a Hold” which previously was an “a Buy”.
Price Performance Review of AXP
On Monday, American Express Co [NYSE:AXP] saw its stock fall -0.29% to $316.53. Over the last five days, the stock has gained 0.03%. American Express Co shares have risen nearly 6.65% since the year began. Nevertheless, the stocks have risen 57.68% over the past one year. While a 52-week high of $326.27 was reached on 01/23/25, a 52-week low of $199.88 was recorded on 01/13/25. SMA at 50 days reached $304.25, while 200 days put it at $263.91.
Levels Of Support And Resistance For AXP Stock
The 24-hour chart illustrates a support level at 311.48, which if violated will result in even more drops to 306.43. On the upside, there is a resistance level at 319.29. A further resistance level may holdings at 322.05. The Relative Strength Index (RSI) on the 14-day chart is 57.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.52, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.98%. Stochastics %K at 73.68% indicates the stock is a holding.
How much short interest is there in American Express Co?
A steep rise in short interest was recorded in American Express Co stocks on 2024-12-31, dropping by 52660.0 shares to a total of 8.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 8.62 million shares. There was a decline of -0.61%, which implies that there is a negative sentiment for the stock.
