Large Outflow of Money Witnessed in American Express Company

American Express Company (AXP) : The value of composite uptick trades was $33.23 million, whereas, the value of composite downtick trades was $60.15 million. The uptick to downtick ratio stood at 0.55 with a negative money flow of ($26.91) Million during Tuesdays trading session. The block trades money flow was negative ($24.3 million). The transaction of the trades on downticks amounted to $24.3 million, which confirms investors selling on the strength of price. American Express Company (AXP) gained 84 cents at $63, an increase of 1.35% over the previous days close.


The company Insiders own 0.78% of American Express Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -33.31% . Institutional Investors own 83.87% of American Express Company shares. During last six month period, the net percent change held by insiders has seen a change of 31.79%. In an insider trading activity,The officer (Pres., Glbl Commercial Pymnts) of American Express Co, Sobbott Susan sold 14,682 shares at $65.5 on May 25, 2016. The Insider selling transaction had a total value worth of $961,671. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of American Express Company appreciated by 6.51% during the last five trading days but lost 2.54% on a 4-week basis. American Express Company is up 4.35% in the last 3-month period. Year-to-Date the stock performance stands at -8.12%.

American Express Company (NYSE:AXP): stock turned positive on Tuesday. Though the stock opened at $62.63, the bulls momentum made the stock top out at $63.33 level for the day. The stock recorded a low of $62.63 and closed the trading day at $63, in the green by 1.35%. The total traded volume for the day was 4,531,851. The stock had closed at $62.16 in the previous days trading.

American Express Company is a global services company. The Companys principal products and services are charge and credit payment card products, and travel-related services offered to consumers and businesses around the world. The Companys segments include U.S. Card Services, International Card Services, Global Commercial Services and Global Network & Merchant Services. The Companys United States banking subsidiaries, Centurion Bank and AEBFSB, issue a range of Card products and services. It also issues its charge and credit Cards around the world either on its own or as cobrands with partnering institutions. The Company provides expense management and travel services to companies and organizations through its Global Corporate Payments and Global Business Travel businesses. The Global Network & Merchant Services (GNMS) segment operates a global payments network that processes and settles card transactions.

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