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

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

  • On Wednesday, August 1st, Robert Calderoni sold 2,128 shares of Citrix Systems stock. The shares were 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 shares were sold at an average price of $106.27, for a total transaction of $226,142.56.

NASDAQ:CTXS opened at $112.29 on Friday. Citrix Systems, Inc. has a 12-month low of $75.01 and a 12-month high of $116.82. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.75 and a quick ratio of 0.75. The stock has a market capitalization of $15.25 billion, a P/E ratio of 27.12, a price-to-earnings-growth ratio of 2.93 and a beta of 1.16.

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

A number of large investors have recently bought and sold shares of CTXS. Fort L.P. acquired a new position in Citrix Systems in the second quarter worth about $120,000. Optimum Investment Advisors acquired a new position in Citrix Systems in the first quarter worth about $136,000. Piedmont Investment Advisors LLC acquired a new position in Citrix Systems in the second quarter worth about $153,000. Itau Unibanco Holding S.A. acquired a new position in Citrix Systems in the second quarter worth about $163,000. Finally, Advisors Preferred LLC acquired a new position in Citrix Systems in the second quarter worth about $172,000. 95.37% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have recently commented on the stock. Stifel Nicolaus upped their price objective on shares of Citrix Systems from $105.00 to $120.00 and gave the company a “hold” rating in a research report on Thursday, July 26th. BidaskClub lowered shares of Citrix Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, July 25th. Morgan Stanley upped their price objective on shares of Citrix Systems from $92.00 to $101.00 and gave the company an “underweight” rating in a research report on Thursday, July 26th. Robert W. Baird reaffirmed a “hold” rating and set a $120.00 price objective on shares of Citrix Systems in a research report on Thursday, July 26th. Finally, Cowen reaffirmed a “hold” rating and set a $120.00 price objective on shares of Citrix Systems in a research report on Thursday, July 26th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $113.21.

Citrix Systems Company Profile

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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