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

CitroTech Inc. (NYSEAMERICAN:CITR) CTO Stephen Conboy sold 275,001 shares of the business’s 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 sale, the chief technology officer directly owned 2,060,557 shares of the company’s stock, valued at $6,181,671. This represents a 11.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

CitroTech Price Performance

Shares of CITR stock opened at $5.90 on Friday. The firm’s 50 day moving average price is $5.79 and its two-hundred day moving average price is $7.03. The stock has a market cap of $131.92 million, a PE ratio of -1.73 and a beta of 7.50. CitroTech Inc. has a 52-week low of $4.35 and a 52-week high of $12.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.73 and a current ratio of 1.97.

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CITR. Zacks Research upgraded CitroTech to a “hold” rating in a research report on Friday, June 12th. Northland Securities started coverage on CitroTech in a research report on Thursday, June 11th. They set an “outperform” rating and a $16.00 price target for the company. 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.com, the company has an average rating of “Moderate Buy” and a consensus price target of $16.00.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CITR. Fifth Third Bancorp bought a new stake in CitroTech in the 1st quarter valued at about $1,046,000. T3 Companies LLC acquired a new position in shares of CitroTech during the 4th quarter worth $274,000. 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. Finally, Coastal Bridge Advisors LLC acquired a new stake in CitroTech in the fourth quarter valued at approximately $108,000.

CitroTech Company Profile

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.