New insider activity at American Express ( (AXP) ) has taken place on February 14, 2025.
Chief Partner Officer Glenda Mcneal recently executed a significant transaction by selling 7,391 shares of American Express stock. The total value of this sale amounted to an impressive $2,290,914, highlighting a notable movement within the company’s executive transactions.
Recent Updates on AXP stock
In recent developments regarding American Express, the company’s CFO Christophe Le Caillec addressed the Q1 revenue growth expectations at a UBS conference, indicating they are overly optimistic due to fewer days in Q1 compared to Q4 and currency headwinds. This announcement led to a decline in the stock price by approximately 2% as analysts and investors adjusted their expectations. Despite the anticipated lower performance in Q1, the company remains confident in its 2025 revenue growth guidance of 8%-10%. Analysts such as Wells Fargo and Keefe Bruyette maintain optimistic long-term views, citing the company’s strong Q4 performance as a positive indicator, though Keefe Bruyette described Q1 as ‘lumpy’. BTIG, however, expressed surprise at the Q1 outlook given the prior strong performance, suggesting caution and focusing on the lower end of the 2025 guidance.
More about American Express
YTD Price Performance: 3.48%
Average Trading Volume: 2,450,485
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $215.3B