Insider Trends: Citigroup Sees 90 Days of Insider Buying Trend Reducing with Share Disposition
04:08 PM EDT, 05/07/2021 (MT Newswires) -- Michael Whitaker, Head of Enterprise O&T, on May 07, 2021, sold 20,313 shares in Citigroup (C) for $1,514,493. Whitaker, subsequent to the transactions disclosed in the SEC Form 4 filing, owns 122,235 shares of the company, which have a market value of $9.14 million as of the prior-day closing price.
Over the last 90 days, prior to the date of this filing, there have been 46 insider transactions reported to the SEC for Citigroup. These transactions came from the activities of 31 individual insiders that resulted in a net acquisition of 671,961 company shares. Relative to the preceding 90-day window of time, there were 29 transactions from 27 insiders that resulted in the net disposition of 131,006 shares.
This is a lower level of transactions than the peer group average in the 394-company Banks peer group over the last 90-day period. Within the peer group activity averaged 105.4 transactions per company, with company insiders acquiring on average 7,433 shares.
SEC Story Link http://www.sec.gov/Archives/edgar/data/831001/000120919121030876/xslF345X03/doc4.xml
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