Rep. Julie Johnson Sells American Express Company (NYSE:AXP) Stock

Representative Julie Johnson (D-Texas) recently sold shares of American Express Company (NYSE:AXP). In a filing disclosed on September 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in American Express stock on August 14th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 8/14/2025.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 8/14/2025.
• Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/14/2025.
• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 8/14/2025.
• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 8/14/2025.
• Sold $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 8/14/2025.
• Sold $1,001 – $15,000 in shares of ConocoPhillips (NYSE:COP) on 8/14/2025.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 8/14/2025.
• Sold $1,001 – $15,000 in shares of Dover (NYSE:DOV) on 8/14/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 8/14/2025.

American Express Stock Performance

Shares of AXP opened at $341.90 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.60 and a debt-to-equity ratio of 1.80. The company has a 50-day moving average of $314.26 and a two-hundred day moving average of $292.94. American Express Company has a 12-month low of $220.43 and a 12-month high of $342.47. The stock has a market cap of $237.92 billion, a P/E ratio of 23.99, a PEG ratio of 1.78 and a beta of 1.28.

American Express (NYSE:AXP) last announced its earnings results on Friday, July 18th. The payment services company reported $4.08 earnings per share for the quarter, beating the consensus estimate of $3.86 by $0.22. The firm had revenue of $17.86 billion during the quarter, compared to the consensus estimate of $17.70 billion. American Express had a net margin of 14.78% and a return on equity of 32.87%. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.49 EPS. As a group, research analysts predict that American Express Company will post 15.33 EPS for the current fiscal year.

Hedge Funds Weigh In On American Express

Hedge funds have recently bought and sold shares of the business. Briaud Financial Planning Inc bought a new position in American Express in the 2nd quarter worth $26,000. Access Investment Management LLC acquired a new stake in American Express in the 2nd quarter valued at approximately $26,000. Investment Management Corp VA ADV bought a new position in American Express in the 4th quarter worth approximately $29,000. MorganRosel Wealth Management LLC bought a new stake in shares of American Express in the first quarter valued at approximately $29,000. Finally, Nexus Investment Management ULC acquired a new stake in shares of American Express in the first quarter worth $34,000. 84.33% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Stephen J. Squeri sold 112,272 shares of the business’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $329.86, for a total transaction of $37,034,041.92. Following the transaction, the chief executive officer directly owned 92,810 shares in the company, valued at $30,614,306.60. The trade was a 54.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Glenda G. Mcneal sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $309.50, for a total value of $15,475,000.00. Following the sale, the insider owned 10,957 shares in the company, valued at approximately $3,391,191.50. This represents a 82.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 269,996 shares of company stock worth $85,261,270. Corporate insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AXP. BTIG Research set a $277.00 price objective on American Express and gave the stock a “sell” rating in a report on Monday, July 14th. William Blair restated an “outperform” rating on shares of American Express in a research note on Wednesday, July 2nd. Monness Crespi & Hardt downgraded American Express from a “buy” rating to a “neutral” rating in a research report on Tuesday, July 15th. Citigroup reiterated a “neutral” rating and set a $327.00 target price (up from $300.00) on shares of American Express in a report on Wednesday, July 2nd. Finally, DZ Bank lowered American Express from a “hold” rating to a “sell” rating in a research report on Monday, July 21st. Eight equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, American Express has a consensus rating of “Hold” and a consensus price target of $315.20.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About American Express

American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.