Michael Corbat (Insider Trades), CEO of Citigroup Inc. (C), bought 25,000 shares of the company on Jan. 22. The average price per share was $41.05, for a total transaction of $1,026,250.
Citigroup is a global bank that does business in more than 160 countries and jurisdictions. The company’s market cap is $119.43 billion, and the P/S ratio is 1.75.
Citigroup Director Michael O’Neill (Insider Trades) also acquired 25,000 shares of Citigroup on Jan. 22 at an average per share price of $41.01. Corbat made one insider buy of 25,000 shares and one insider sell of 21,017 shares of the company since January 2011. Though the number and volume of insider buys varies each year from 2012 to 2015, the number and volume of Citigroup insider sells peaked at 19 transactions totaling 34,402,767 million shares in 2014 and then fell to eight transactions totaling 38,280 shares in the following year. 
For more information about insider trades with Citigroup, click here.
Citigroup reported total revenue of $18.456 billion in the fourth quarter of 2015, up from total revenue of $17.899 billion reported by the company in the corresponding quarter of 2014. Annual revenue growth decreased by 0.26% in the five years since 2011 but follows an increasing trend line overall. The opposite is true for annual Citigroup net income. Annual net income increased by 25.56% since 2011 then followed a decreasing trend line.Ă‚ 
The company’s net income also increased to $3.4 billion in the fourth quarter of 2015; up by more than 900% when compared to the previous year’s fourth quarter. On Jan. 14 Citigoup’s board of directors declared a quarterly divided of 5 cents per share of common stock payable Feb. 26 to shareholders of record on Feb. 1. Corbat commented that the company, “having generated $50 billion in regulatory capital over the last three years,” which in part allowed the company to “return meaningful capital” to shareholders, has also “undoubtedly become a simpler, smaller, safer and stronger institution.”
Citigroup has a business predictability rank of 1 out of 5 stars. For more information about business predictability rank, click here.
Ken Fisher acquired 139,215 shares of Citigroup in the fourth quarter of 2015. The average price per share was $53.07, and the total estimated loss of the holding since the fourth quarter of 2012 is 17%. For more information about guru transactions with Citigroup, click here.
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