Citi Trends director Jenkins sells $36,210 in stock

Published 05/09/2025, 23:52
Citi Trends director Jenkins sells $36,210 in stock

Director Margaret L. Jenkins of Citi Trends Inc (NASDAQ:CTRN) sold 1,000 shares of common stock on August 29, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The stock has shown remarkable strength, delivering a 165% return over the past year and currently trading near its 52-week high of $39.37.

The shares were sold at a price of $36.21, for a total transaction value of $36,210. Following the transaction, Jenkins directly owns 16,163 shares of Citi Trends. According to InvestingPro analysis, the stock appears overvalued at current levels, with technical indicators suggesting overbought conditions. For deeper insights into insider trading patterns and comprehensive analysis, InvestingPro offers exclusive access to detailed research reports covering 1,400+ US stocks.

In other recent news, Citi Trends Inc. has reported its second-quarter 2025 earnings, showcasing a significant turnaround. The company revealed earnings per share (EPS) of $0.46, which surpassed the forecast of -$0.92. This unexpected result highlights a strong performance for the quarter. Citi Trends also reported revenue of $190.8 million, exceeding expectations by 3.9% and marking an 8% increase compared to the previous year. These results indicate a positive shift in the company’s financial health. The earnings and revenue figures have been noted as key developments for investors. Analysts had projected different figures, making the actual results noteworthy. These recent developments reflect the company’s current position in the market.

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