Stocks
Titiun Yejiel Snaps Up American Express Shares Worth $5.8 Million
Titiun Yejiel has acquired a new position in American Express Company (NYSE:AXP), purchasing 17,231 shares of the payment services company's stock. The transaction was made during the second quarter and is valued at approximately $5,828,000.
According to MarketBeat data, Titiun Yejiel now owns a significant stake in American Express, making up 5.1% of its portfolio. This marks one of several institutional investments in the company this quarter.
American Express has been performing well, with a recent earnings beat and continued revenue growth. Analysts have set new price targets for the stock, with Piper Sandler forecasting meaningful appreciation potential.