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Top Executive Sells Millions in American Express Stock!

New insider activity at American Express ( (AXP) ) has taken place on May 8, 2025.

Howard Grosfield, Group President of U.S. Consumer Services, recently sold 9,450 shares of American Express stock, amounting to a total transaction value of $2,603,475.

Recent Updates on AXP stock

In the last 24 hours, American Express (AXP) has seen several price target adjustments from analysts, largely influenced by its recent Q1 2025 earnings report. The company reported a 7% increase in total revenues net of interest expense and a 9% rise in earnings per share, reflecting strong financial performance. Despite this, Redburn Atlantic downgraded its outlook due to concerns about American Express’s ability to meet its 10% mid-term revenue growth target. Other analysts adjusted their price targets based on the company’s robust card member spending, high card fee growth, and resilient credit performance, although some noted challenges such as a slowdown in airline billings and macroeconomic uncertainties. The company’s reaffirmed guidance for 8-10% revenue growth and an EPS range of $15.00 to $15.50 suggests cautious optimism amid these challenges.

Spark’s Take on AXP Stock

According to Spark, TipRanks’ AI Analyst, AXP is a Outperform.

American Express has a strong financial foundation with robust revenue and profit growth backed by efficient cash flow management. The technical analysis indicates short-term caution, and the valuation suggests a fair price compared to peers. Positive earnings call and corporate events further support the company’s future growth prospects despite macroeconomic uncertainties.

To see Spark’s full report on AXP stock, click here.

More about American Express

YTD Price Performance: -6.69%

Average Trading Volume: 3,436,832

Technical Sentiment Signal: Buy

Current Market Cap: $192.9B

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