Citigroup Inc’s filing revealed that its Head of U.S. Personal Banking LUCHETTI GONZALO unloaded Company’s shares for reported $0.82 million on Aug 20 ’24. In the deal valued at $61.59 per share,13,254 shares were sold. As a result of this transaction, LUCHETTI GONZALO now holds 88,966 shares worth roughly $6.21 million.
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Then, LUCHETTI GONZALO bought 13,254 shares, generating $816,314 in total proceeds.
Before that, Okpara Johnbull sold 25,299 shares. Citigroup Inc shares valued at $1,532,261 were divested by the Controller & Chief Acc Officer at a price of $60.57 per share. As a result of the transaction, Okpara Johnbull now holds 91,539 shares, worth roughly $6.39 million.
Evercore ISI reiterated its Citigroup Inc [C] rating to an In-line in a research note published on April 04, 2024; the price target was $60. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who remained covering the stock and in late March has reiterated a ‘”an Overweight”‘ rating for it. Goldman also remained covering C and has increased its forecast on March 14, 2024 with a “Buy” recommendation from previously “Neutral” rating. Piper Sandler revised its rating on February 14, 2024. It rated C as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of C
On Monday, Citigroup Inc [NYSE:C] saw its stock jump 1.70% to $69.80. Over the last five days, the stock has gained 11.95%. Citigroup Inc shares have risen nearly 35.69% since the year began. Nevertheless, the stocks have risen 68.19% over the past one year. While a 52-week high of $70.09 was reached on 11/11/24, a 52-week low of $41.28 was recorded on 01/18/24. SMA at 50 days reached $62.56, while 200 days put it at $61.03.
Levels Of Support And Resistance For C Stock
The 24-hour chart illustrates a support level at 69.27, which if violated will result in even more drops to 68.73. On the upside, there is a resistance level at 70.27. A further resistance level may holdings at 70.73. The Relative Strength Index (RSI) on the 14-day chart is 66.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.80, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.70%. Stochastics %K at 85.39% indicates the stock is a selling.
How much short interest is there in Citigroup Inc?
A steep rise in short interest was recorded in Citigroup Inc stocks on 2024-10-15, dropping by -7.91 million shares to a total of 31.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 39.16 million shares. There was a decline of -25.3%, which implies that there is a negative sentiment for the stock.
