American Express chief partner officer McNeal sells $15.5m in stock

American Express Co (NYSE:AXP), a prominent player in the Consumer Finance industry with a market capitalization of $208 billion, saw Chief Partner Officer Glenda G McNeal sell a total of 50,000 shares of common stock on July 29, 2025, for approximately $15.5 million. The sales occurred in multiple transactions with prices ranging from $309.27 to $309.62. According to InvestingPro analysis, the stock is currently trading near its Fair Value, with a P/E ratio of 21.8x.

According to a Form 4 filing with the Securities and Exchange Commission, McNeal sold 17,609 shares at a weighted average price of $309.27 and 32,391 shares at a weighted average price of $309.62.

On the same day, McNeal also exercised options to acquire 50,000 shares of American Express common stock at an exercise price of $65.43, for a total value of $3,271,500.

Following these transactions, McNeal directly owns 10,957.498 shares of American Express.

In other recent news, American Express reported strong second-quarter earnings for 2025, surpassing analyst expectations with earnings per share (EPS) of $4.08, compared to the consensus estimate of $3.90. The company’s revenue also exceeded forecasts, reaching $17.86 billion against a projected $17.7 billion. Following these results, Truist Securities raised its price target for American Express to $348, maintaining a Buy rating. UBS reiterated a Neutral rating with a $340 price target, noting the earnings beat but highlighting investor concerns. Monness, Crespi, Hardt also maintained a Neutral rating, citing worries about slowing travel spending despite solid quarterly performance. American Express continues to forecast its full-year 2025 EPS guidance at $15.00-$15.50. Additionally, the company announced the appointment of Randal K. Quarles and Noel Wallace to its Board of Directors, expanding the board to 14 members. These developments reflect the company’s ongoing strategic and financial adjustments.

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