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Raiffeisen Bank International AG Sells 11,553 Shares of American Express Company $AXP
Raiffeisen Bank International AG reduced its stake in American Express Company (AXP) by 7.2% in the third quarter, selling 11,553 shares and retaining 148,466 shares valued at approximately $50.82 million. This comes amidst significant insider selling, with two executives alone disposing of 23,134 shares, part of a larger trend where insiders sold 73,944 shares in the past 90 days. American Express recently reported a slight EPS miss and lower-than-anticipated revenue but provided a positive FY2026 EPS guidance, while analyst ratings remain mixed with a “Hold” consensus.