Chief Colleague Experience Officer Monique Herena sold 1,300 shares of American Express Co (AXP, Financial) on November 7, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 12,694.867 shares of the company.
American Express Co, a global services company, provides customers with access to products, insights, and experiences that enrich lives and build business success. The company is primarily involved in the provision of charge and credit card products, and travel-related services worldwide.
Over the past year, Monique Herena has sold a total of 12,542 shares of the company and has not purchased any shares. This recent sale is part of a broader trend seen within the company, where there have been 19 insider sells and no insider buys over the past year.
Shares of American Express Co were trading at $287.7 on the day of the sale. The company has a market cap of approximately $202.60 billion. The price-earnings ratio of the stock is 21.16, which is above both the industry median of 16.07 and the company's historical median.
The GF Value of the stock is $234.14, indicating a price-to-GF-Value ratio of 1.23. This suggests that American Express Co is modestly overvalued based on its GF Value.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might be of interest to investors tracking insider behaviors and company valuation metrics to understand the broader context of their investment decisions.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
