Citigroup Inc (C): Joseph Michael Murray , Head of Human Resources of Citigroup Inc sold 8,122 shares on Jul 20, 2016. The Insider selling transaction was reported by the company on Jul 22, 2016 to the Securities and Exchange Commission. The shares were sold at $44.35 per share for a total value of $360,210.69 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Judith Rodin (director) sold 36 shares at $45.80 per share price.On Apr 21, 2016, W. Bradford Hu (CHIEF RISK OFFICER) sold 9,528 shares at $45.83 per share price.Also, On Feb 12, 2016, William Mills (CEO) purchased 1,000 shares at $912.50 per share price.On Feb 12, 2016, Don Callahan (Head of Operations&Technology) purchased 9,870 shares at $29.56 per share price.
Citigroup Inc: On Wednesday, Jul 20, 2016 heightened volatility was witnessed in Citigroup Inc which led to swings in the share price. The shares opened for trading at $44.53 and hit $44.7 on the upside , eventually ending the session at $44.47, with a gain of 0.27% or 0.12 points. The heightened volatility saw the trading volume jump to 1,65,47,139 shares. The 52-week high of the share price is $60.95 and the company has a market cap of $130,516 M . The 52-week low of the share price is at $34.52.
Company has been under the radar of several Street Analysts.Citigroup Inc is Initiated by Berenberg to Buy and the brokerage firm has set the Price Target at $50. The Rating was issued on Jul 13, 2016.Citigroup Inc is Downgraded by Wells Fargo to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jul 8, 2016.
Citigroup Inc. (Citi) is a financial services holding company whose businesses provide consumers corporations governments and institutions with financial products and services including consumer banking and credit corporate and investment banking securities brokerage trade and securities services and wealth management. The Company operates through two primary business segments: Citicorp and Citi Holdings. Citicorp consists of the operating businesses: Global Consumer Banking which consists of consumer banking in North America EMEA Latin America and Asia and Institutional Clients Group which includes Banking and Markets and securities services. Citi Holdings contains businesses and portfolios of assets that Citi has determined are not central to its core Citicorp businesses. Citi’s consumer operations as well as the consumer finance business in Korea and certain businesses in ICG form part of Citi Holdings.