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Greystone Financial Group LLC Cuts Stock Position in American Express Company $AXP
Greystone Financial Group LLC reduced its stake in American Express Company (NYSE:AXP) by 11.1% in the fourth quarter, selling 5,093 shares and holding 40,984 shares valued at $15.16 million, making AXP its 12th largest position. This reduction comes amid significant insider selling, with Anna Marrs and Ravikumar Radhakrishnan selling shares totaling over $14.9 million in recent transactions. Wall Street analysts maintain a “Hold” consensus rating for American Express, with an average target price of $354.16, despite the company increasing its quarterly dividend to $0.95 and providing strong FY2026 EPS guidance.