Published on 7 Apr 2024 on Simply Wall St. via Yahoo Finance
American Express Insiders Sell US$46m Of Stock, Possibly Signalling Caution
The fact that multiple American Express Company (NYSE:AXP) insiders offloaded a considerable amount of shares over the past year could have raised some eyebrows amongst investors. When evaluating insider transactions, knowing whether insiders are buying versus if they selling is usually more beneficial, as the latter can be open to many interpretations. However, shareholders should take a deeper look if several insiders are selling stock over a specific time period.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for American Express