In a filing, American Express Co revealed its Chairman and CEO Squeri Stephen J unloaded Company’s shares for reported $16.24 million on Feb 06 ’25. In the deal valued at $319.45 per share,50,841 shares were sold. As a result of this transaction, Squeri Stephen J now holds 92,810 shares worth roughly $28.8 million.
Then, Pickett Denise sold 22,752 shares, generating $7,250,835 in total proceeds. Upon selling the shares at $318.69, the Pres., GSG and TLS now owns 12,627 shares.
Before that, Radhakrishnan Ravikumar sold 9,485 shares. American Express Co shares valued at $3,027,327 were divested by the Chief Information Officer at a price of $319.17 per share. As a result of the transaction, Radhakrishnan Ravikumar now holds 13,500 shares, worth roughly $4.19 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 -2.06% to $310.26. Over the last five days, the stock has lost -1.98%. American Express Co shares have risen nearly 4.54% since the year began. Nevertheless, the stocks have risen 48.39% over the past one year. While a 52-week high of $326.27 was reached on 01/23/25, a 52-week low of $207.61 was recorded on 01/13/25. SMA at 50 days reached $306.47, while 200 days put it at $266.13.
Levels Of Support And Resistance For AXP Stock
The 24-hour chart illustrates a support level at 304.70, which if violated will result in even more drops to 299.13. On the upside, there is a resistance level at 317.14. A further resistance level may holdings at 324.01. The Relative Strength Index (RSI) on the 14-day chart is 47.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.03%. Stochastics %K at 43.16% 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.
