The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Citigroup Inc shares valued at $1,225,284 were sold by Wechter Sara on Feb 13 ’25. At $81.01 per share, Wechter Sara sold 15,125 shares. The insider’s holdings dropped to 109,780 shares worth approximately $8.66 million following the completion of this transaction.
Also, Skyler Edward sold 35,545 shares, netting a total of over 2,929,263 in proceeds. Following the sale of shares at $82.41 each, the insider now holds 204,727 shares.
Before that, Selvakesari Anand had sold 30,000 shares from its account. In a trade valued at $2,433,147, the Chief Operating Officer traded Citigroup Inc shares for $81.10 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $18.08 million.
As published in a research note from Barclays on January 06, 2025, Citigroup Inc [C] has been rated up from an Equal weight to an Overweight and the price target has been revised to $95 from $70. Analysts at Keefe Bruyette upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in early December. As of April 04, 2024, Evercore ISI has reiterated its “an In-line” rating for C. Earlier on March 25, 2024, Wells Fargo resumed its rating. Their recommendation was “an Overweight” for C stock.
Analyzing C Stock Performance
During the last five days, there has been a drop of approximately -3.04%. Over the course of the year, Citigroup Inc shares have jumped approximately 12.05%. Shares of the company reached a 52-week high of $84.74 on 02/18/25 and a 52-week low of $69.65 on 01/02/25. A 50-day SMA is recorded $76.91, while a 200-day SMA reached $66.91.
Support And Resistance Levels for Citigroup Inc (C)
According to the 24-hour chart, there is a support level at 78.23, which, if violated, would cause prices to drop to 77.59. In the upper region, resistance lies at 79.94. The next price resistance is at 81.01. RSI (Relative Strength Index) is 46.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.43, which suggests the price will decrease in the coming days. Percent R is at 70.89%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
