A Peek At What Citigroup Inc. (C) Insiders Are Doing

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SNOW Stock

Citigroup Inc. (NYSE:C) saw an upside of 1.74% to close Monday at $51.98 after adding $0.89 on the day. The 5-day average trading volume is 20,100,439 shares of the company’s common stock. It has gained $52.29 in the past week and touched a new high 3 times within the past 5 days. An average of 17,723,730 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 18,005,709.

C’s 1-month performance is 18.65% or $7.72 on its low of $43.97 reached on 12/27/22. The company’s shares have touched a 52-week low of $40.01 and high of $69.11, with the stock’s rally to the 52-week high happening on 01/23/23. YTD, C has achieved 14.92% or $6.75 and has reached a new high 10 times. However, the current price is down -24.79% from the 52-week high price.

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Insider Transactions

C stock investors last saw insider trading activity on Sep 12.CITIGROUP INC (See General Remark.) most recently sold 4,614,358 shares at $36.25 per share on Sep 12. This transaction cost the insider $167,270,478. Head of Human Resources, Wechter Sara, sold 14,800 shares at a price of $68.56 on Feb 11. Then, on Feb 11, Chief Compliance Officer McNiff Mary sold 5,000 shares at a price of $68.66 per share. This transaction amounted to $343,300.

Valuation Metrics

C stock has a beta of 1.57. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.31 while the price-to-book (PB) in the most recent quarter is 0.56, with the price to cash flow ratio at 3.81.

The firm’s gross profit as reported stood at $48.67 billion against revenue of $74.41 billion.

Earnings Surprise

For the quarterly period ending December 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected C to announce $1.14 per share in earnings in its latest quarter, but it posted $1.16, representing a 1.80% surprise.

Let’s look briefly at Citigroup Inc. (C) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 81.44% to suggest the stock is trending Overbought, with historical volatility in this time period at 19.55%.

The stock’s 5-day moving average is $50.44, reflecting a +4.13% or $2.06 change from its current price. C is currently trading +16.00% above its 20-day SMA, +5.29% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +12.71% and SMA200 by+0.78%.

Stochastic %K and %D was 90.87% and 86.78% and the average true range (ATR) pointed at 1.27. The RSI (14) points at 75.15%, while the 14-day stochastic is at 95.41% with the period’s ATR at 1.24. The stock’s 9-day MACD Oscillator is pointing at 1.03 and 2.07 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Citigroup Inc. (NYSE: C), Piper Sandler launched coverage with a Neutral rating. Analysts offering their rating for C stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate C as a “sell,”, while 16 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 10 have offered a “buy” rating.

What is C’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $41.00 and a high of $95.00, with their median price target at $54.00. Looking at these predictions, the average price target given by analysts is for Citigroup Inc. (C) stock is $57.26.

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