CitroTech (NYSEAMERICAN:CITR) CTO Stephen Conboy Sells 275,001 Shares of Stock

CitroTech Inc. (NYSEAMERICAN:CITR) CTO Stephen Conboy sold 275,001 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $3.00, for a total value of $825,003.00. Following the transaction, the chief technology officer owned 2,060,557 shares of the company’s stock, valued at approximately $6,181,671. This trade represents a 11.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

CitroTech Stock Performance

Shares of CitroTech stock opened at $5.96 on Friday. The firm has a market cap of $133.27 million, a price-to-earnings ratio of -1.75 and a beta of 7.50. The stock’s 50-day moving average is $5.80 and its 200-day moving average is $7.04. CitroTech Inc. has a one year low of $4.35 and a one year high of $12.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.97 and a quick ratio of 1.73.

CitroTech (NYSEAMERICAN:CITR) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.33) earnings per share for the quarter. CitroTech had a negative return on equity of 315.55% and a negative net margin of 1,829.60%.The firm had revenue of $0.34 million for the quarter. Equities analysts predict that CitroTech Inc. will post -0.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CITR shares. Northland Securities started coverage on shares of CitroTech in a report on Thursday, June 11th. They issued an “outperform” rating and a $16.00 price objective on the stock. Zacks Research upgraded shares of CitroTech to a “hold” rating in a report on Friday, June 12th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $16.00.

Institutional Investors Weigh In On CitroTech

Large investors have recently added to or reduced their stakes in the business. Coastal Bridge Advisors LLC bought a new position in shares of CitroTech in the fourth quarter valued at about $108,000. FNY Investment Advisers LLC lifted its holdings in shares of CitroTech by 200.1% in the second quarter. FNY Investment Advisers LLC now owns 27,715 shares of the company’s stock worth $152,000 after acquiring an additional 18,481 shares during the last quarter. T3 Companies LLC acquired a new stake in shares of CitroTech in the 4th quarter valued at approximately $274,000. Finally, Fifth Third Bancorp acquired a new stake in shares of CitroTech in the 1st quarter valued at approximately $1,046,000.

About CitroTech

CitroTech Inc manufactures and sells fire inhibitor products in the United States and Canada. The company also offers lumber treatment and spraying solutions, as well as develops wildfire defense systems on residential and commercial properties under the CitroSafe Systems brand name. It serves wildland fire, residential home protection, wood products, ground application, lumber and building materials, and construction industries; homeowners; governments; and agencies. The company was formerly known as General Enterprise Ventures, Inc and changed its name to CitroTech Inc in January 2026.