Citigroup Inc’s recent filing unveils that its Director Henry Peter B. unloaded Company’s shares for reported $0.91 million on Nov 11 ’24. In the deal valued at $69.97 per share,13,000 shares were sold. As a result of this transaction, Henry Peter B. now holds 3,023 shares worth roughly $0.25 million.
Then, Peter B. Henry bought 13,000 shares, generating $908,355 in total proceeds.
Before that, LUCHETTI GONZALO sold 13,254 shares. Citigroup Inc shares valued at $816,314 were divested by the Head of U.S. Personal Banking at a price of $61.59 per share. As a result of the transaction, LUCHETTI GONZALO now holds 88,966 shares, worth roughly $7.24 million.
Barclays upgraded its Citigroup Inc [C] rating to an Overweight from a an Equal weight in a research note published on January 06, 2025; the price target was increased to $95 from $70. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in early December from “a Mkt perform” to “an Outperform”. Evercore ISI also remained covering C and reiterated its “an In-line” recommendation on April 04, 2024. Wells Fargo maintained its rating on March 25, 2024. It rated C as “an Overweight”.
Price Performance Review of C
On Friday, Citigroup Inc [NYSE:C] saw its stock fall -0.53% to $81.43. Over the last five days, the stock has lost -0.06%. Citigroup Inc shares have risen nearly 15.68% since the year began. Nevertheless, the stocks have risen 42.63% over the past one year. While a 52-week high of $82.77 was reached on 01/23/25, a 52-week low of $52.24 was recorded on 01/02/25. SMA at 50 days reached $73.25, while 200 days put it at $65.15.
Levels Of Support And Resistance For C Stock
The 24-hour chart illustrates a support level at 80.89, which if violated will result in even more drops to 80.34. On the upside, there is a resistance level at 82.16. A further resistance level may holdings at 82.88. The Relative Strength Index (RSI) on the 14-day chart is 69.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.68, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.37%. Stochastics %K at 87.59% 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 2024-12-31, growing by 3.53 million shares to a total of 36.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 32.9 million shares. There was a rise of 9.7%, which implies that there is a positive sentiment for the stock.
