American Express Company (NYSE:AXP) insider Ashwini Gupta sold 57,306 shares of American Express stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $95.04, for a total transaction of $5,446,362.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Ashwini Gupta also recently made the following trade(s):

  • On Tuesday, October 31st, Ashwini Gupta sold 90,658 shares of American Express stock. The shares were sold at an average price of $94.71, for a total transaction of $8,586,219.18.

American Express Company (NYSE AXP) traded up $0.15 during mid-day trading on Friday, hitting $97.86. 3,442,381 shares of the company were exchanged, compared to its average volume of 2,794,731. American Express Company has a 52-week low of $71.43 and a 52-week high of $98.49. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.90 and a current ratio of 1.90. The stock has a market cap of $84,811.91, a PE ratio of 18.72, a PEG ratio of 1.63 and a beta of 1.22.

American Express (NYSE:AXP) last released its quarterly earnings results on Wednesday, October 18th. The payment services company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.03. American Express had a net margin of 14.48% and a return on equity of 22.73%. The firm had revenue of $8.44 billion during the quarter, compared to analysts’ expectations of $8.31 billion. During the same period in the previous year, the company earned $1.24 EPS. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. equities research analysts predict that American Express Company will post 5.86 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 9th. Investors of record on Friday, January 5th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, January 4th. This represents a $1.40 dividend on an annualized basis and a yield of 1.43%. American Express’s payout ratio is 26.97%.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Matthew Goff Investment Advisor LLC bought a new stake in American Express during the 1st quarter valued at about $2,543,000. Bronfman E.L. Rothschild L.P. raised its holdings in shares of American Express by 10.8% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 5,669 shares of the payment services company’s stock valued at $478,000 after purchasing an additional 554 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of American Express by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 49,502,529 shares of the payment services company’s stock valued at $3,916,145,000 after purchasing an additional 722,235 shares in the last quarter. Rothschild Asset Management Inc. raised its holdings in shares of American Express by 19.5% in the 1st quarter. Rothschild Asset Management Inc. now owns 641,409 shares of the payment services company’s stock valued at $50,742,000 after purchasing an additional 104,647 shares in the last quarter. Finally, Shelton Capital Management bought a new stake in shares of American Express in the 2nd quarter valued at about $670,000. Institutional investors own 83.35% of the company’s stock.

A number of analysts have issued reports on AXP shares. Bank of America reiterated a “buy” rating and issued a $102.00 price target on shares of American Express in a report on Monday, October 9th. Zacks Investment Research upgraded shares of American Express from a “hold” rating to a “buy” rating and set a $96.00 price target on the stock in a report on Tuesday, August 29th. Keefe, Bruyette & Woods set a $95.00 price target on shares of American Express and gave the company a “buy” rating in a report on Saturday, August 19th. Oppenheimer set a $99.00 price target on shares of American Express and gave the company a “buy” rating in a report on Thursday, October 19th. Finally, Morgan Stanley reduced their price target on shares of American Express from $90.00 to $89.00 and set an “equal weight” rating on the stock in a report on Friday, September 8th. Three equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and thirteen have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $91.56.

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American Express Company Profile

American Express Company, together with its subsidiaries, is a global services company. The Company’s principal products and services are charge and credit card products, and travel-related services, which are offered to consumers and businesses around the world. Its segments include the U.S. Consumer Services (USCS), International Consumer and Network Services (ICNS), Global Commercial Services (GCS) and Global Merchant Services (GMS).

Insider Buying and Selling by Quarter for American Express (NYSE:AXP)

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