Citigroup Inc. Grows Stake in CF Corp (CFCOU)
Citigroup Inc. lifted its holdings in CF Corp (NASDAQ:CFCOU) by 406.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,218,100 shares of the company’s stock after acquiring an additional 1,779,800 shares during the quarter. Citigroup Inc.’s holdings in CF Corp were worth $27,283,000 as of its most recent SEC filing.
In other CF Corp news, major shareholder Bluemountain Capital Managemen sold 105,600 shares of the business’s stock in a transaction on Monday, July 17th. The shares were sold at an average price of $11.81, for a total value of $1,247,136.00. Following the transaction, the insider now directly owns 2,412,029 shares of the company’s stock, valued at approximately $28,486,062.49. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 477,060 shares of company stock worth $5,329,647 over the last three months.
WARNING: This piece was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The correct version of this piece can be read at https://www.thecerbatgem.com/2017/09/19/citigroup-inc-grows-stake-in-cf-corp-cfcou.html.
CF Corp (NASDAQ CFCOU) remained flat at $12.02 during mid-day trading on Tuesday. 100 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $12.04 and a 200 day moving average of $11.87. CF Corp has a 12 month low of $1.02 and a 12 month high of $12.05.
CF Corp Profile
CF Corporation is a blank check company. The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus on the financial, technology and services industries in the United States or globally.
Want to see what other hedge funds are holding CFCOU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Corp (NASDAQ:CFCOU).
Receive News & Stock Ratings for CF Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Corp and related stocks with our FREE daily email newsletter.