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American Express Company $AXP Shares Sold by Rhumbline Advisers
Rhumbline Advisers recently reduced its stake in American Express Company (NYSE:AXP) by 1.1% in the third quarter, selling 11,296 shares. Despite this, many other institutional investors increased their holdings, and 84.33% of the stock is owned by institutional investors and hedge funds. The article also provides a summary of recent AXP news, including positive sentiment from an NBA partnership extension and analyst reports, alongside negative sentiment from insider stock sales.