Insider Transactions: J&J, Costco, Strategy, Snap, Citigroup

Five stocks saw significant transactions from insiders: Johnson & Johnson's EVP sold $3.1 million of stock, Costco's EVP sold $3.9 million, Strategy's EVP and VP sold a total of $23.8 million, Snap's CBO sold $264,807, and Citigroup's director sold $271,200. These transactions could indicate strategic shifts or personal financial decisions by the executives involved.

Significant insider trading activity has been observed among several major companies in the financial sector. This week's transactions include notable sales by executives and board members at Johnson & Johnson, Morgan Stanley, and Citigroup, among others.

John Reed, executive vice president at Morgan Stanley, sold a substantial amount of stock valued at $3.1 million [1]. Similarly, at Johnson & Johnson, an executive vice president sold shares worth $3.9 million. In the technology sector, Snap's CBO sold $264,807 worth of stock, indicating potential strategic shifts or personal financial decisions.

Institutional investors have also been actively modifying their holdings. Bailard Inc. trimmed its position in Citigroup Inc. (NYSE:C) by 6.8% during the first quarter, selling 4,672 shares and reducing its holdings to 64,187 shares [2]. Other institutional investors, such as Orion Capital Management LLC, MorganRosel Wealth Management LLC, American National Bank & Trust, and Mascagni Wealth Management Inc., have also made significant changes to their Citigroup holdings.

Citigroup Inc. reported its quarterly earnings on July 15, with earnings per share (EPS) of $1.96, beating the consensus estimate of $1.61. The company's revenue was $21.67 billion, up 8.2% year-over-year. Citigroup also announced a quarterly dividend of $0.60 per share, an increase from the previous quarterly dividend of $0.56. The firm's dividend payout ratio is currently 33.09%.

Wall Street analysts have provided mixed ratings for Citigroup. JPMorgan Chase & Co. cut their target price to $75.50 and set a "neutral" rating, while Bank of America boosted their target price to $100.00 and gave the company a "buy" rating. The consensus rating is "Moderate Buy" with a target price of $96.46 [2].

The insider trading activity observed this week provides insights into the strategic decisions and financial health of these companies. However, investors should consider these transactions in the context of broader market trends and company-specific news.

References:
[1] https://seekingalpha.com/news/4469008-insider-trades-jj-morgan-stanley-among-notable-names-this-week
[2] https://www.marketbeat.com/instant-alerts/filing-citigroup-inc-nysec-shares-sold-by-bailard-inc-2025-07-18/