Citrix Systems, Inc. (NASDAQ:CTXS) CEO David J. Henshall sold 12,500 shares of Citrix Systems stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $84.25, for a total transaction of $1,053,125.00. Following the sale, the chief executive officer now directly owns 306,777 shares of the company’s stock, valued at approximately $25,845,962.25. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of Citrix Systems, Inc. (NASDAQ:CTXS) traded up $0.19 during trading hours on Friday, hitting $84.22. 1,250,208 shares of the stock traded hands, compared to its average volume of 1,741,777. The firm has a market cap of $12,620.00, a PE ratio of 20.90, a PEG ratio of 4.10 and a beta of 1.40. The company has a quick ratio of 1.43, a current ratio of 1.44 and a debt-to-equity ratio of 0.69. Citrix Systems, Inc. has a one year low of $66.28 and a one year high of $87.99.

Citrix Systems (NASDAQ:CTXS) last issued its earnings results on Wednesday, October 25th. The cloud computing company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.04 by $0.18. The company had revenue of $691.00 million during the quarter, compared to analysts’ expectations of $691.61 million. Citrix Systems had a net margin of 15.67% and a return on equity of 31.32%. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.32 EPS. sell-side analysts forecast that Citrix Systems, Inc. will post 3.94 EPS for the current fiscal year.

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Several analysts recently commented on CTXS shares. BidaskClub downgraded shares of Citrix Systems from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $85.00 target price on shares of Citrix Systems in a report on Monday, July 31st. Stifel Nicolaus reaffirmed a “hold” rating and set a $77.00 target price on shares of Citrix Systems in a report on Thursday, August 3rd. Barclays PLC reaffirmed an “overweight” rating and set a $90.00 target price (up previously from $87.00) on shares of Citrix Systems in a report on Thursday, August 3rd. Finally, MKM Partners reissued a “buy” rating and issued a $90.00 price objective (down previously from $95.00) on shares of Citrix Systems in a report on Wednesday, August 9th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $89.50.

Hedge funds have recently added to or reduced their stakes in the stock. Greenwood Capital Associates LLC increased its position in Citrix Systems by 12.0% during the 2nd quarter. Greenwood Capital Associates LLC now owns 2,689 shares of the cloud computing company’s stock worth $214,000 after purchasing an additional 289 shares in the last quarter. Intact Investment Management Inc. acquired a new position in Citrix Systems during the 3rd quarter worth approximately $215,000. Colony Group LLC acquired a new position in Citrix Systems during the 2nd quarter worth approximately $228,000. New Amsterdam Partners LLC NY acquired a new position in Citrix Systems during the 2nd quarter worth approximately $231,000. Finally, Atria Investments LLC acquired a new position in Citrix Systems during the 2nd quarter worth approximately $235,000. Institutional investors and hedge funds own 93.52% of the company’s stock.

Citrix Systems Company Profile

Citrix Systems, Inc offers Enterprise and Service Provider products, which include Workspace Services solutions and Delivery Networking products. The Company’s Enterprise and Service Provider products include Cloud Services solutions, and related license updates and maintenance, support and professional services.

Insider Buying and Selling by Quarter for Citrix Systems (NASDAQ:CTXS)

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