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American Express Co (AXP) Becoming More Attractive for Investors

American Express Co’s recently made public that its Director Angelakis Michael J acquired Company’s shares for reported $1.0 million on Mar 07 ’25. In the deal valued at $269.89 per share,3,700 shares were bought. As a result of this transaction, Angelakis Michael J now holds 3,700 shares worth roughly $0.86 million.

Then, Marrs Anna sold 21,955 shares, generating $6,320,504 in total proceeds. Upon selling the shares at $287.88, the Group Pres., GMNS now owns 25,761 shares.

Before that, ANNA MARRS bought 21,955 shares. American Express Co shares valued at $6,487,483 were divested by the Officer at a price of $295.49 per share.

Robert W. Baird upgraded its American Express Co [AXP] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who remained covering the stock and in late January has reiterated a ‘”a Buy”‘ rating for it. Monness Crespi & Hardt also remained covering AXP and reiterated its “Buy” recommendation on December 19, 2024. Monness Crespi & Hardt maintained its rating on October 14, 2024. It rated AXP as “a Buy”.

Price Performance Review of AXP

On Friday, American Express Co [NYSE:AXP] saw its stock fall -5.71% to $233.68. Over the last five days, the stock has lost -11.98%. American Express Co shares have fallen nearly -21.26% since the year began. Nevertheless, the stocks have risen 3.11% over the past one year. While a 52-week high of $326.27 was reached on 01/23/25, a 52-week low of $214.51 was recorded on 04/04/25. SMA at 50 days reached $289.21, while 200 days put it at $274.64.

Levels Of Support And Resistance For AXP Stock

The 24-hour chart illustrates a support level at 228.54, which if violated will result in even more drops to 223.41. On the upside, there is a resistance level at 238.89. A further resistance level may holdings at 244.11. The Relative Strength Index (RSI) on the 14-day chart is 26.72, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -15.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.54%. Stochastics %K at 27.19% 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 2025-03-14, growing by 0.12 million shares to a total of 8.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 8.19 million shares. There was a rise of 1.49%, which implies that there is a positive sentiment for the stock.

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