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Vanguard Group Inc. Sells 408,995 Shares of American Express Company $AXP
Vanguard Group Inc. reduced its stake in American Express Company by 0.9%, selling 408,995 shares and now owning 46,016,267 shares valued at approximately $15.28 billion. Despite this sale and recent insider sales totalING over $26 million, American Express provided strong FY 2026 guidance, and institutional ownership remains high at 84.33%. Analysts currently hold a consensus “Hold” rating on the stock with an average price target of $354.78.