Peak Asset Management Buys New Stake in American Express
American Express Company (NYSE: AXP) recently caught the attention of Peak Asset Management LLC, which purchased 5,346 shares of the company's stock during the second quarter.
The transaction was valued at approximately $1,808,000 and marks a new stake in American Express for Peak Asset Management LLC.
This is not an isolated instance, as several other hedge funds have also been actively buying and selling American Express shares.