A Director at Citigroup (NYSE: C) is Selling Shares

Yesterday, a Director at Citigroup (CResearch Report), Gary Reiner, sold shares of C for $49.83K.

This is Reiner’s first transaction since reporting a Sell transaction on G back in October 2012

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The company has a one-year high of $83.11 and a one-year low of $32.00. C’s market cap is $93.54 billion and the company has a P/E ratio of 8.40. Currently, Citigroup has an average volume of 26.01M.

Based on 20 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $63.44, reflecting a -31.1% downside.

In the last 30 days, insiders have sold $49.83K worth of C shares and purchased $440.8K worth of C shares. The insider sentiment on Citigroup has been neutral according to 67 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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Citigroup, Inc. is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Global Consumer Banking; Institutional Clients Group; and Corporate and Other. The Global Consumer Banking segment provides traditional banking services to retail customers through retail banking, including commercial banking, and Citi-branded cards and Citi retail services. The Institutional Clients Group segment provides corporate, institutional, public sector and high-net-worth clients around the world with a full range of wholesale banking products and services. This segment includes fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance and securities services. The Corporate and Other segment includes certain unallocated costs of global staff functions, other corporate expenses and unallocated global operations and technology expenses, Corporate Treasury, certain North America and international legacy consumer loan portfolios, other legacy assets and discontinued operations. The company was founded in 1812 and is headquartered in New York, NY.