American Express Stock Plummets 3.43% on CEO's 12,000 Share Sale, Ranks 81st in Trading Volume
On May 21, 2025, American Express (AXP) experienced a trading volume of 9.81 billion, ranking 81st in the day's market activity. The stock price declined by 3.43%, marking the third consecutive day of decline, with a total decrease of 4.58% over the past three days.
American Express saw significant insider trading activity on May 21, 2025. The company's Chief Executive Officer, Stephen J. Squeri, sold 12,000 shares. This transaction is notable as it represents a substantial reduction in the executive's holdings and could indicate a shift in the company's outlook or the executive's personal financial strategy.
Insider trading activities can often provide insights into a company's future performance. The sale of shares by a high-ranking executive may raise concerns among investors about the company's prospects. However, it is important to consider that insider sales can also be part of a pre-planned financial strategy and may not necessarily reflect negative sentiment towards the company.
