AXP Group Pres. Raymond sold 40 shares across 2 transactions in Mar 2026, after 7 purchases totaling 23 shares since Sep 2023.
Joabar Raymond, Group President of Global Communication Services at American Express, executed a multi-phase transaction filing that encompasses 7 separate purchases of 23 total shares between September 2023 and April 2025 (totaling $4,054.07), followed by 2 separate sales of 40 total shares in March 2026 (totaling $12,256.72). The net effect reduced his holdings by 17 shares to 1,486 shares. His sales in early March 2026 occurred at $309.85 and $301.27 per share; the current price is $299.96, placing the stock -22.1% from its 52-week high and down -15.3% over the trailing 30 days. His prior sell at AXP on 2025-02-05 was well-timed (the stock fell -13.1% in the 90 days following), and across his cross-ticker history, his 7 prior sells generated a 66.67% well-timed rate with an average 90-day return of -5.0%. The filing reveals sustained but modest accumulation followed by liquidation at historically elevated valuations relative to current pricing.