In a filing, American Express Co revealed 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 Thursday, American Express Co [NYSE:AXP] saw its stock fall -0.64% to $251.31. Over the last five days, the stock has gained 1.79%. American Express Co shares have fallen nearly -15.32% since the year began. Nevertheless, the stocks have risen 15.10% over the past one year. While a 52-week high of $326.27 was reached on 01/23/25, a 52-week low of $216.52 was recorded on 04/07/25. SMA at 50 days reached $276.90, while 200 days put it at $275.48.
Levels Of Support And Resistance For AXP Stock
The 24-hour chart illustrates a support level at 247.07, which if violated will result in even more drops to 242.82. On the upside, there is a resistance level at 255.59. A further resistance level may holdings at 259.86. The Relative Strength Index (RSI) on the 14-day chart is 44.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 45.72%. Stochastics %K at 59.06% 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.
