New insider activity at Citigroup ( (C) ) has taken place on February 19, 2025.
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Several high-ranking executives at Citigroup have recently sold significant amounts of their stock holdings, totaling over $16.8 million. Mark Mason, the CFO, led the sales with 58,465 shares sold for $4,864,288. Syed Shahmir Khaliq, Head of Services, sold 30,000 shares for $2,451,032, while Skyler Edward, Head of Enterprise Services & Public Affairs, sold 35,545 shares for $2,929,263. Brent McIntosh, Chief Legal Officer & Corporate Secretary, sold 20,000 shares for $1,624,421. Gonzalo Luchetti, Head of U.S. Personal Banking, and Sara Wechter, CHRO, sold 16,354 shares and 15,125 shares for $1,330,561 and $1,225,284 respectively. Lastly, COO Anand Selvakesari sold 30,000 shares for $2,433,037.
Recent Updates on C stock
Recent developments in Citigroup’s stock include a price target increase by BofA due to optimism about the pro-business environment under the Trump administration, which is expected to enhance customer activity. This positive outlook is bolstered by confidence in regulatory relief and potential earnings per share (EPS) growth. Additionally, Citigroup made significant staff promotions, which could be seen as preparing for future growth and success. The company’s decision to continue allowing remote work reflects its flexible approach to workforce management. Meanwhile, trading activities showed notable profits from call option trades, indicating investor confidence in the stock’s upward movement.
More about Citigroup
YTD Price Performance: 21.04%
Average Trading Volume: 14,180,865
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $158.8B