Representative Rick Larsen (Democratic-Washington) recently sold shares of American Express Company (NYSE:AXP). In a filing disclosed on April 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in American Express stock on April 7th. The trade occurred in the Representative’s “RICHARD R LARSEN IRA” account.
Representative Rick Larsen also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 4/7/2026.
- Sold $1,001 – $15,000 in shares of American Water Works (NYSE:AWK) on 4/7/2026.
- Sold $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 4/7/2026.
- Purchased $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 4/7/2026.
- Purchased $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 4/7/2026.
- Purchased $1,001 – $15,000 in shares of Carrier Global (NYSE:CARR) on 4/7/2026.
- Sold $1,001 – $15,000 in shares of Sonida Senior Living (NYSE:SNDA) on 4/7/2026.
- Purchased $1,001 – $15,000 in shares of Casey’s General Stores (NASDAQ:CASY) on 4/7/2026.
American Express Stock Performance
NYSE:AXP opened at $331.47 on Friday. The stock has a market cap of $227.32 billion, a P/E ratio of 21.54, a price-to-earnings-growth ratio of 1.37 and a beta of 1.13. The company has a current ratio of 1.59, a quick ratio of 1.58 and a debt-to-equity ratio of 1.68. The stock’s 50-day moving average is $316.28 and its 200-day moving average is $344.45. American Express Company has a 1-year low of $239.27 and a 1-year high of $387.49.
American Express Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 3rd will be issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. This is an increase from American Express’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, April 2nd. American Express’s dividend payout ratio (DPR) is presently 24.69%.
Hedge Funds Weigh In On American Express
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Sovereign Financial Group Inc. lifted its stake in shares of American Express by 16.6% in the first quarter. Sovereign Financial Group Inc. now owns 2,422 shares of the payment services company’s stock worth $733,000 after acquiring an additional 345 shares during the period. Hendley & Co. Inc. lifted its stake in shares of American Express by 408.7% in the first quarter. Hendley & Co. Inc. now owns 5,545 shares of the payment services company’s stock worth $1,677,000 after acquiring an additional 4,455 shares during the period. Summit Wealth Partners LLC acquired a new position in shares of American Express in the first quarter worth approximately $683,000. Clear Trail Advisors LLC lifted its stake in shares of American Express by 2.4% in the first quarter. Clear Trail Advisors LLC now owns 13,840 shares of the payment services company’s stock worth $4,186,000 after acquiring an additional 323 shares during the period. Finally, Rainier Family Wealth Inc. acquired a new position in shares of American Express in the first quarter worth approximately $212,000. 84.33% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, insider Ravikumar Radhakrishnan sold 15,000 shares of American Express stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $356.58, for a total value of $5,348,700.00. Following the transaction, the insider directly owned 8,945 shares of the company’s stock, valued at $3,189,608.10. The trade was a 62.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Denise Pickett sold 23,385 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $356.91, for a total value of $8,346,340.35. Following the completion of the transaction, the insider directly owned 7,754 shares in the company, valued at approximately $2,767,480.14. This trade represents a 75.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 73,944 shares of company stock valued at $26,114,366 in the last ninety days. Insiders own 0.14% of the company’s stock.
American Express News Summary
Here are the key news stories impacting American Express this week:
- Positive Sentiment: Acquisition of AI expense startup Hyper strengthens AmEx’s commercial services technology stack and signals accelerated investment in agentic automation for expense reporting and compliance; deal expected to close in Q2. AmEx to buy Altman-backed Hyper in push for AI-powered expense tools
- Positive Sentiment: Company is rolling out AI-driven agent and expense tools and touting “agentic commerce” capabilities — a strategic move that could expand commercial spend products, drive differentiation versus peers, and support revenue/fee growth over time. American Express Bets On AI Agents With Hyper Deal And New Tools
- Positive Sentiment: Analysts and screens (Zacks) point to the ingredients for a likely Q1 earnings beat — resilient consumer and commercial spending trends and positive EPS setup — supporting near-term upside expectations. American Express (AXP) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
- Positive Sentiment: Longer-term competitive moat argued to be resilient by investors/writers, supporting confidence in durable returns even through cyclical headwinds. American Express’ Moat Is More Resistant Than What You Think
- Neutral Sentiment: Quarterly 13F filing shows Baxter Bros trimmed AXP by a small amount — a minor ownership change, not a large-scale sell-off. American Express Company $AXP is Baxter Bros Inc.’s 8th Largest Position
- Neutral Sentiment: Company messaging and filings point to stable credit quality with only moderate write-offs — credit trends are healthy but remain a line-item to monitor for earnings sensitivity. American Express Reports Stable Credit Quality, Moderate Write-Offs
- Negative Sentiment: Some analysts urge caution ahead of Q1 — pointing to valuation, rising costs, and that AXP may not be an obvious “must-buy” before results; these views inject near-term volatility risk. American Express: Not A Pound-The-Table Buy Ahead Of Q1
- Negative Sentiment: Shares pulled back in the prior session amid mixed market action, underscoring short-term sensitivity to broader market moves and news flow. American Express (AXP) Stock Dips While Market Gains: Key Facts
Analysts Set New Price Targets
Several research firms have recently weighed in on AXP. BTIG Research reduced their price target on American Express from $328.00 to $285.00 and set a “sell” rating on the stock in a report on Monday, March 16th. Barclays reduced their price target on American Express from $367.00 to $323.00 and set an “equal weight” rating on the stock in a report on Monday, April 6th. Truist Financial reduced their price target on American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a report on Monday, March 23rd. The Goldman Sachs Group restated a “buy” rating and set a $420.00 price target on shares of American Express in a report on Tuesday, January 6th. Finally, JPMorgan Chase & Co. reduced their price target on American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Seven investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $350.70.
Check Out Our Latest Research Report on AXP
About Representative Larsen
Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027.
Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the 2026 election.
Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.
Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council.
Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.
About American Express
American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.
American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co‑brand partnerships with airlines, hotels and retailers.
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