Citrix Systems, Inc. (NASDAQ:CTXS) insider Robert Calderoni sold 2,128 shares of the company’s stock in a transaction that occurred on Tuesday, September 4th. The shares were sold at an average price of $113.28, for a total transaction of $241,059.84. Following the completion of the transaction, the insider now owns 145,790 shares of the company’s stock, valued at $16,515,091.20. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Robert Calderoni also recently made the following trade(s):

  • On Wednesday, August 1st, Robert Calderoni sold 2,128 shares of Citrix Systems stock. The stock was sold at an average price of $110.20, for a total transaction of $234,505.60.
  • On Tuesday, July 3rd, Robert Calderoni sold 2,128 shares of Citrix Systems stock. The stock was sold at an average price of $106.27, for a total transaction of $226,142.56.

CTXS opened at $110.96 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 1.17. The firm has a market cap of $15.23 billion, a PE ratio of 26.80, a PEG ratio of 2.93 and a beta of 1.16. Citrix Systems, Inc. has a twelve month low of $75.01 and a twelve month high of $116.82.

Citrix Systems (NASDAQ:CTXS) last posted its quarterly earnings results on Wednesday, July 25th. The cloud computing company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.08. The business had revenue of $742.36 million during the quarter, compared to analysts’ expectations of $716.33 million. Citrix Systems had a net margin of 3.23% and a return on equity of 64.77%. The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period last year, the company posted $103.00 earnings per share. research analysts anticipate that Citrix Systems, Inc. will post 4.2 earnings per share for the current fiscal year.

Several equities research analysts have recently weighed in on the stock. Barclays increased their price objective on shares of Citrix Systems from $112.00 to $114.00 and gave the stock an “equal weight” rating in a research report on Friday. BidaskClub upgraded shares of Citrix Systems from a “hold” rating to a “buy” rating in a research report on Saturday, September 1st. Wells Fargo & Co increased their price objective on shares of Citrix Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 24th. Zacks Investment Research cut shares of Citrix Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 26th. Finally, Bank of America increased their price objective on shares of Citrix Systems from $108.00 to $115.00 and gave the stock a “neutral” rating in a research report on Monday, June 11th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $114.21.

A number of large investors have recently bought and sold shares of CTXS. Daiwa Securities Group Inc. grew its holdings in Citrix Systems by 15.3% in the first quarter. Daiwa Securities Group Inc. now owns 5,223 shares of the cloud computing company’s stock worth $485,000 after purchasing an additional 692 shares during the period. Wedge Capital Management L L P NC acquired a new stake in Citrix Systems in the first quarter worth $875,000. Commerzbank Aktiengesellschaft FI grew its holdings in Citrix Systems by 27.7% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 6,335 shares of the cloud computing company’s stock worth $588,000 after purchasing an additional 1,373 shares during the period. SG Americas Securities LLC grew its holdings in Citrix Systems by 82.8% in the first quarter. SG Americas Securities LLC now owns 25,823 shares of the cloud computing company’s stock worth $2,396,000 after purchasing an additional 11,700 shares during the period. Finally, Trexquant Investment LP acquired a new stake in Citrix Systems in the first quarter worth $2,179,000. Institutional investors and hedge funds own 95.37% of the company’s stock.

About Citrix Systems

Citrix Systems, Inc delivers solutions to secure and access applications worldwide. The company offers workspace services, including XenDesktop, a cloud-enabled desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients.

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

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