Insider trades were reported by American Express, RTX, and Strategy executives between July 28 and August 1. Notable transactions include Anna Marrs, group president of GMNS at American Express, buying 1,000 shares and Strategy executive David Goodwin selling 1,000 shares.
Insider trading activity among major companies continues to provide valuable insights into the sentiment and strategy of key executives. This week, notable transactions were reported by executives at American Express (NYSE:AXP), RTX (NYSE:RTX), and Strategy (NASDAQ:MSTR).
At American Express, Anna Marrs, group president of GMNS, bought 1,000 shares at an average price of $310.77 per share. The total value of the transaction was $310,770 [2]. This move indicates a positive sentiment towards the company's future prospects. Marrs's direct ownership now stands at 20,311 shares.
Meanwhile, at Strategy, David Goodwin sold 1,000 shares at an average price of $90 per share. The total value of the transaction was $90,000 [2]. This sale suggests a cautious stance on the company's future. Goodwin's remaining ownership is now at 100,000 shares.
These insider activities provide insights into the sentiment and strategy of key executives at these major companies. While American Express's insider activity indicates confidence in the company's future, the transaction at Strategy suggests varying levels of caution.
References:
[1] https://www.tradingview.com/news/tradingview:01d3986e417ba:0-ups-executives-increase-their-holdings-in-company-shares/
[2] https://seekingalpha.com/news/4476844-insider-trades-american-express-rtx-kinder-morgan-among-notable-names-this-week
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