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 $0.93 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.
BofA Securities upgraded its American Express Co [AXP] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in mid March from “an Underperform” to “a Neutral”. Monness Crespi & Hardt also remained covering AXP and reiterated its “Buy” recommendation on January 27, 2025. Monness Crespi & Hardt maintained its rating on December 19, 2024. It rated AXP as “a Buy”.
Price Performance Review of AXP
On Friday, American Express Co [NYSE:AXP] saw its stock jump 1.72% to $251.13. Over the last five days, the stock has gained 7.47%. American Express Co shares have fallen nearly -15.38% since the year began. Nevertheless, the stocks have risen 15.38% 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 04/07/25. SMA at 50 days reached $281.96, while 200 days put it at $275.01.
Levels Of Support And Resistance For AXP Stock
The 24-hour chart illustrates a support level at 245.25, which if violated will result in even more drops to 239.38. On the upside, there is a resistance level at 254.89. A further resistance level may holdings at 258.65. The Relative Strength Index (RSI) on the 14-day chart is 43.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.24%. Stochastics %K at 53.54% 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 2025-03-31, dropping by -0.62 million shares to a total of 7.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 8.26 million shares. There was a decline of -8.14%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 14, 2024 when Monness Crespi & Hardt resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $300.
