Rep. Julie Johnson Sells Off Shares of American Express Company (NYSE:AXP)
by Danessa Lincoln · The Markets DailyRepresentative Julie Johnson (D-Texas) recently sold shares of American Express Company (NYSE:AXP). In a filing disclosed on December 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in American Express stock on November 13th. 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 Charles Schwab (NYSE:SCHW) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Cigna Group (NYSE:CI) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 11/13/2025.
- Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 11/13/2025.
American Express Stock Performance
NYSE:AXP traded up $0.21 during trading hours on Thursday, reaching $375.82. The stock had a trading volume of 2,861,642 shares, compared to its average volume of 2,321,811. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.59 and a current ratio of 1.61. The stock has a 50 day simple moving average of $358.93 and a 200 day simple moving average of $330.45. American Express Company has a 12-month low of $220.43 and a 12-month high of $387.49. The stock has a market cap of $258.88 billion, a P/E ratio of 25.22, a price-to-earnings-growth ratio of 1.68 and a beta of 1.14.
American Express (NYSE:AXP – Get Free Report) last released its quarterly earnings data on Friday, October 17th. The payment services company reported $4.14 earnings per share for the quarter, beating analysts’ consensus estimates of $3.98 by $0.16. American Express had a net margin of 14.97% and a return on equity of 33.41%. The business had revenue of $17.14 billion during the quarter, compared to analyst estimates of $18.03 billion. During the same period in the previous year, the business earned $3.49 EPS. American Express’s revenue was up 11.0% compared to the same quarter last year. American Express has set its FY 2025 guidance at 15.200-15.500 EPS. On average, research analysts forecast that American Express Company will post 15.33 EPS for the current fiscal year.
American Express Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 10th. Stockholders of record on Friday, January 2nd will be paid a dividend of $0.82 per share. The ex-dividend date is Friday, January 2nd. This represents a $3.28 annualized dividend and a dividend yield of 0.9%. American Express’s dividend payout ratio (DPR) is presently 22.01%.
Insider Activity at American Express
In other news, CMO Elizabeth Rutledge sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $360.21, for a total transaction of $18,010,500.00. Following the completion of the transaction, the chief marketing officer directly owned 85,577 shares of the company’s stock, valued at $30,825,691.17. The trade was a 36.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Douglas Tabish sold 2,515 shares of the stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $355.61, for a total transaction of $894,359.15. Following the transaction, the insider owned 2,515 shares in the company, valued at approximately $894,359.15. This trade represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 57,515 shares of company stock valued at $20,658,509 over the last ninety days. Insiders own 0.20% of the company’s stock.
Hedge Funds Weigh In On American Express
A number of hedge funds have recently modified their holdings of AXP. Norges Bank bought a new stake in shares of American Express during the second quarter valued at approximately $1,897,335,000. Wellington Management Group LLP boosted its stake in American Express by 13.7% during the 1st quarter. Wellington Management Group LLP now owns 18,025,562 shares of the payment services company’s stock valued at $4,849,777,000 after purchasing an additional 2,168,445 shares during the last quarter. Laurel Wealth Advisors LLC increased its holdings in shares of American Express by 31,595.9% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,742,009 shares of the payment services company’s stock worth $555,666,000 after purchasing an additional 1,736,513 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of American Express by 11.1% in the 2nd quarter. Geode Capital Management LLC now owns 13,487,316 shares of the payment services company’s stock worth $4,282,984,000 after purchasing an additional 1,349,746 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of American Express by 27.0% in the third quarter. Ameriprise Financial Inc. now owns 3,970,416 shares of the payment services company’s stock worth $1,310,515,000 after purchasing an additional 845,283 shares during the last quarter. Hedge funds and other institutional investors own 84.33% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. HSBC set a $295.00 price objective on American Express and gave the stock a “hold” rating in a report on Friday, October 10th. Wolfe Research initiated coverage on shares of American Express in a research report on Monday, December 8th. They set a “peer perform” rating for the company. Weiss Ratings lowered shares of American Express from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday. JPMorgan Chase & Co. lifted their price objective on shares of American Express from $343.00 to $355.00 and gave the stock a “neutral” rating in a report on Tuesday, October 7th. Finally, Wall Street Zen cut American Express from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Eight equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $334.30.
Check Out Our Latest Stock Analysis on AXP
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.
American Express Company Profile
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.
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