Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
AMERICAN EXPRESS CO (AXP)
Sector: Financial Services; Industry: Credit Services

American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. Its products and services include payment and financing products; network services; expense management products and services; and lifestyle services. It sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, third-party vendors and business partners, direct mail, telephone, in-house sales teams, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2013-12-05 JORDAN VERNON E JR Advisor to the Board Sell 46,943 $84.41 $3,962,411 No
2013-12-03 Gupta Ashwini Pres-Risk/Info Mgmt & AXP CRO Sell 102,500 $84.37 $8,648,089 Yes
2013-11-22 JORDAN VERNON E JR Advisor to the Board Sell 2,100 $83.75 $175,875 No
2013-11-04 PARENT LOUISE M EVP, General Counsel Sell 130,000 $81.84 $10,638,636 Yes
2013-11-01 Glenn William H Pres, Global Corp Payments Sell 119,845 $81.89 $9,813,712 Yes
2013-10-21 Squeri Stephen J Group Pres., Global Services Sell 103,046 $80.45 $8,289,597 Yes
2013-10-18 Bush James Peter EVP, World Service Sell 45,418 $80.52 $3,657,185 Yes
2013-10-18 Glenn William H Pres, Global Corp Payments Sell 172,452 $79.75 $13,753,771 Yes
2013-10-18 PARENT LOUISE M EVP, General Counsel Sell 130,000 $79.64 $10,352,864 Yes
2013-10-18 Cox L Kevin Chief Human Resources Officer Sell 66,737 $79.99 $5,338,146 Yes
2013-07-31 Squeri Stephen J Group Pres., Global Services Sell 297,451 $75.13 $22,347,940 Yes
2013-06-05 Buckminster Douglas E. Pres, Int'l Consumer & SBS Sell 91,160 $74.96 $6,833,089 Yes
2013-06-03 GILLIGAN EDWARD P President, American Express Co Sell 415,646 $76.04 $31,604,464 Yes
2013-05-30 CHENAULT KENNETH I Chief Executive Officer Sell 471,808 $76.36 $36,029,210 Yes
2013-05-23 Henry Daniel T EVP, Chief Financial Officer Sell 155,869 $74.56 $11,622,201 Yes
2013-05-22 HAYES JOHN D EVP, Advertising Sell 182,350 $75.71 $13,805,957 Yes
2013-05-09 Bush James Peter EVP, World Service Sell 67,387 $69.93 $4,712,211 Yes
2013-05-06 Squeri Stephen J Group Pres., Global Services Sell 38,277 $70.19 $2,686,846 Yes
2013-05-06 Williams Anre D Pres. Global Merchant Services Sell 26,618 $70.25 $1,869,925 No
2013-04-23 Zukauckas Linda EVP & Corporate Comptroller Sell 320 $67.49 $21,598 No
2013-04-19 Cox L Kevin Chief Human Resources Officer Sell 17,108 $66.21 $1,132,710 No
2013-04-19 SCHICK THOMAS A EVP-Corp. Affairs Sell 115,000 $65.40 $7,521,000 Yes
2013-04-19 PARENT LOUISE M EVP, General Counsel Sell 259,511 $66.20 $17,179,018 Yes
2013-03-04 Williams Anre D Pres. Global Merchant Services Sell 51,013 $62.28 $3,176,870 Yes
2013-02-22 HAYES JOHN D EVP, Advertising Sell 32,000 $62.29 $1,993,158 No
2013-02-21 Henry Daniel T EVP, Chief Financial Officer Sell 206,280 $61.31 $12,646,738 Yes
2013-02-08 CHENAULT KENNETH I Chief Executive Officer Sell 643,865 $61.82 $39,803,817 Yes
2013-02-04 Cox L Kevin Chief Human Resources Officer Sell 16,325 $59.37 $969,145 No
2013-02-04 SCHICK THOMAS A EVP-Corp. Affairs Sell 69,958 $59.26 $4,145,566 Yes
2013-02-04 Squeri Stephen J Group Pres., Global Services Sell 59,031 $59.50 $3,512,156 Yes

Insider Smart

PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.