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American Express (NYSE:AXP) Chief Risk Officer Douglas Tabish sold 2,515 shares of company stock on October 23, 2025, at a price of $355.61, totaling approximately $894,359. The sale comes as the $247 billion financial services giant trades near its 52-week high of $349.19, having gained over 30% in the past six months. According to InvestingPro analysis, the stock appears slightly overvalued at its current P/E ratio of 24x.
Following the transaction, Tabish directly owns 2,515 shares of American Express. Tabish also indirectly owns 103.15 shares through a 401(k) Trust. Want deeper insights into AXP’s valuation metrics and growth potential? InvestingPro offers comprehensive analysis with 12 additional key insights available.
In other recent news, American Express reported impressive third-quarter earnings, with earnings per share (EPS) reaching $4.14, surpassing the forecast of $3.99. The company’s revenue also exceeded expectations, coming in at $18.43 billion against a forecast of $18.05 billion. Additionally, American Express raised its full-year guidance, projecting revenue growth of 9-10% and EPS between $15.20 and $15.50. In another development, American Express announced the issuance of $2 billion in fixed-to-floating rate notes due in 2036. The notes will initially bear interest at a fixed annual rate of 4.804%. This issuance was made under a senior indenture with The Bank of New York Mellon acting as trustee. These recent developments indicate ongoing strategic financial maneuvers by American Express.
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