Hillsdale Investment Management Inc. significantly increased its stake in American Express Company (AXP) by 218.7% in the third quarter, now holding 8,540 shares valued at approximately $2.84 million. This comes despite recent insider selling totaling $26.1 million over the last 90 days and American Express slightly missing quarterly EPS estimates, though it provided strong FY2026 guidance. Institutional ownership of AXP currently stands at 84.33%, with various analysts offering a “Hold” consensus rating and a target price of $352.73.
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American Express Company $AXP Shares Purchased by Hillsdale Investment Management Inc.
Hillsdale Investment Management Inc. significantly increased its stake in American Express Company (AXP) by 218.7% in the third quarter, now holding 8,540 shares valued at approximately $2.84 million. This comes despite recent insider selling totaling $26.1 million over the last 90 days and American Express slightly missing quarterly EPS estimates, though it provided strong FY2026 guidance. Institutional ownership of AXP currently stands at 84.33%, with various analysts offering a “Hold” consensus rating and a target price of $352.73.