SPY420.86+5.94 1.43%
DIA338.78+5.82 1.75%
IXIC14,141.48+111.10 0.79%

Insider Sales at Citigroup (C) Deemed Significant

05/10/2021 18:32

10:20 PM EDT, 05/10/2021 (MT Newswires) -- Three insiders -- Gary M Reiner, Director, Mark Mason, Officer, and Michael Whitaker, Officer -- disposed of 53,679 shares of Citigroup having a market value of approximately $3,983,242, today, as revealed in form 4 documents filed with the SEC. These are the first insider buy/sell trades in the past 90 days. Adding the most recent activity to this 90-day history indicates insider trades have averaged 17,893 shares per transaction.

Today's Insider Activity

In relation to the peer group over the last 90 days, insider buy/sell trading at Citigroup is higher than the 394-company peer group average. Banks peer group saw 570 buy/sell trades during this period for an average of 1.4 transactions per company. The number of shares per buy/sell trade for Citigroup insiders was also higher. Within the peer group there were 451,696 shares purchased and 4,788,104 shares sold with company insiders disposing of 7,608 shares on average.

The data obtained in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

[Disclaimer]
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.