In Monday’s Wall Street session, Citigroup Inc (NYSE:C) shares traded at $67.41, down -4.33% from the previous session.
C stock price is now -12.85% away from the 50-day moving average and 0.26% away from the 200-day moving average. The market capitalization of the company currently stands at $127.03B.
With the price target enhanced from $70 to $95, Barclays Upgraded its rating from Equal Weight to Overweight for Citigroup Inc (NYSE: C). On December 03, 2024, Keefe Bruyette Upgraded its previous ‘Mkt Perform’ rating to ‘Outperform’ on the stock increasing its target price from $70 to quote $82, while ‘Evercore ISI’ rates the stock as ‘In-line’
In other news, Wechter Sara, Chief Human Resources Officer sold 15,125 shares of the company’s stock on Feb 13 ’25. The stock was sold for $1,225,284 at an average price of $81.01. Upon completion of the transaction, the Chief Human Resources Officer now directly owns 109,780 shares in the company, valued at $7.4 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 14 ’25, Hd of Ent Svc & Public Affairs Skyler Edward sold 35,545 shares of the business’s stock. A total of $2,929,263 was realized by selling the stock at an average price of $82.41. This leaves the insider owning 204,727 shares of the company worth $13.8 million. A total of 0.31% of the company’s stock is owned by insiders.
During the past 12 months, Citigroup Inc has had a low of $53.51 and a high of $84.74.
The net profit margin was 6.71% and return on equity was 6.04% for C. The company reported revenue of $35.05 billion for the quarter, compared to $36.38 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.66 percent.
