Large Outflow of Money Witnessed in Citigroup

Citigroup (C) : The total money flow in Citigroup (C) was negative ($56.7 million), which signals selling by the traders on Tuesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $179.43 million. In comparison, the inflow of money into the stock on upticks was $122.73 million. The uptick to downtick ratio was 0.68. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $67.22 million. The value of transactions on uptick was $14.49 million. The negative money flow of ($52.73 million) confirms the selling in Citigroup (C) on strength. The uptick to downtick ratio of block trades was 0.22. Citigroup (C) gained $1.15 at $43.44, a gain of 2.72% over the previous days close. However, the stock registered 3.48% in the week.


The company Insiders own 0.13% of Citigroup shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -15.17% . Institutional Investors own 72.35% of Citigroup shares. During last six month period, the net percent change held by insiders has seen a change of 2.82%. In an insider trading activity, Rodin Judith, director of Citigroup Inc, unloaded 036 shares at an average price of $45.8 on May 24, 2016. The total amount of the transaction was worth $1,649, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Citigroup Inc. appreciated by 6.52% during the last five trading days but lost 1.05% on a 4-week basis. Citigroup Inc. is up 3.79% in the last 3-month period. Year-to-Date the stock performance stands at -15.87%.

Citigroup (NYSE:C): stock turned positive on Tuesday. Though the stock opened at $42.82, the bulls momentum made the stock top out at $43.48 level for the day. The stock recorded a low of $42.76 and closed the trading day at $43.44, in the green by 2.72%. The total traded volume for the day was 23,803,634. The stock had closed at $42.29 in the previous days trading.

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. Citis consumer operations, as well as the consumer finance business in Korea and certain businesses in ICG form part of Citi Holdings.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.