HomeMost PopularRecent Disclosure Reveals $50,000 in Lobbying Efforts by American Express Company

Recent Disclosure Reveals $50,000 in Lobbying Efforts by American Express Company

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American Express Reports $50,000 Lobbying Efforts and Insider Trading Trends

In the fourth quarter of 2024, AMERICAN EXPRESS COMPANY disclosed $50,000 in lobbying expenditures as part of its new Lobbying Disclosure Act filing.

The company lobbied on key issues, including:

Legislation and regulation surrounding bank regulatory issues and payment systems.
Cybersecurity, privacy, and incident reporting laws.
Corporate tax legislation.

For more insights into corporate lobbying activities, you can refer to Quiver Quantitative.

In the past six months, insiders at AXP have executed 9 stock trades, all being sales and none being purchases.

The recent insider trading activity includes:

CAILLEC CHRISTOPHE LE (Chief Financial Officer) sold 6,000 shares.
MONIQUE HERENA (Chief Colleague Experience Officer) sold 1,300 shares.
STEPHEN J SQUERI (Chairman and CEO) has made 5 trades, selling a total of 170,632 shares.
DOUGLAS E. BUCKMINSTER (Vice Chairman) sold 13,111 shares.
ANRE D WILLIAMS (Group President, Enterprise Services) sold 77,887 shares.

To follow insider transactions, visit Quiver Quantitative’s insider trading dashboard.

In the latest quarter, 1,045 institutional investors increased their holdings in AXP stock, while 980 reduced their positions.

Some significant recent portfolio adjustments include:

BANK OF AMERICA CORP /DE/ decreased its holdings by 5,904,126 shares (-62.0%) in Q3 2024.
WELLINGTON MANAGEMENT GROUP LLP reduced its position by 3,033,341 shares (-15.9%) in Q3 2024.
CAPITAL WEALTH PLANNING, LLC increased its stake with 1,242,743 shares added (+111,757.5%) in Q3 2024.
LAZARD ASSET MANAGEMENT LLC lowered its holdings by 1,214,761 shares (-42.0%) in Q3 2024.
GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC cut its position by 1,163,929 shares (-92.2%) in Q3 2024.
NUVEEN ASSET MANAGEMENT, LLC sold 1,065,138 shares (-15.7%) in Q3 2024.
GOLDMAN SACHS GROUP INC reduced its holdings by 976,221 shares (-20.4%) in Q3 2024.

For more details on hedge fund activities, check out Quiver Quantitative’s institutional holdings dashboard.

This article does not constitute financial advice. Review Quiver Quantitative’s disclaimers for additional information.

This article was originally published on Quiver News, read the full story.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.