Citigroup (C) : The money flow analysis of Citigroup (C) indicates a $43.31 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $53.13 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.23 and so was the total money flow at $9.82 million. A solid up-down ratio of 3.3 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $9.26 million worth of block trades on upticks. Only $2.8 million worth of the stock exchanged hands on downticks. The money flow was $6.46 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Citigroup (C), pushing it down by -0.11% for the day. The stock slid $0.05 and traded at $47.31 during the day. Nonetheless, the stock is 0.42% over the previous weeks close.
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 -18.82% . Institutional Investors own 71.86% of Citigroup shares. During last six month period, the net percent change held by insiders has seen a change of -16.66%.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Head of Human Resources) of Citigroup Inc, Murray Joseph Michael had sold 8,122 shares worth of $360,211 in a transaction dated July 20, 2016. In this transaction, 8,122 shares were sold at $44.35 per share.
Citigroup (NYSE:C): The stock opened at $47.5 and touched an intraday high of $47.71 on Friday. During the day, the stock corrected to an intraday low of $47.01, however, the bulls stepped in and pushed the price higher to close in the green at $47.51 with a gain of 0.32% for the day. The total traded volume for the day was 16,293,784. The stock had closed at $47.36 in the previous trading session.
Citigroup (C) : Traders are bullish on Citigroup (C) as it has outperformed the S&P 500 by a wide margin of 4.05% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.34%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.85% in the last 1 week, and is up 3.92% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
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.