Citrix Systems (NASDAQ:CTXS) Chairman Robert Calderoni sold 2,655 shares of the company’s stock in a transaction dated Tuesday, April 3rd. The stock was sold at an average price of $91.64, for a total transaction of $243,304.20. Following the completion of the sale, the chairman now directly owns 163,435 shares in the company, valued at approximately $14,977,183.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Robert Calderoni also recently made the following trade(s):
- On Monday, March 12th, Robert Calderoni sold 62,237 shares of Citrix Systems stock. The stock was sold at an average price of $95.78, for a total transaction of $5,961,059.86.
Shares of NASDAQ:CTXS opened at $91.78 on Friday. Citrix Systems has a 12 month low of $73.33 and a 12 month high of $96.96. The company has a debt-to-equity ratio of 2.14, a quick ratio of 1.55 and a current ratio of 1.55. The stock has a market cap of $12,622.54, a price-to-earnings ratio of 22.34, a P/E/G ratio of 2.92 and a beta of 1.27.
Citrix Systems (NASDAQ:CTXS) last issued its quarterly earnings data on Wednesday, January 31st. The cloud computing company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.06. Citrix Systems had a negative net margin of 0.73% and a positive return on equity of 38.56%. The firm had revenue of $777.90 million for the quarter, compared to analyst estimates of $778.49 million. During the same quarter in the prior year, the firm earned $1.61 EPS. The company’s revenue was up 5.9% on a year-over-year basis. analysts expect that Citrix Systems will post 3.91 earnings per share for the current fiscal year.
CTXS has been the topic of several analyst reports. Mizuho reaffirmed a “buy” rating and issued a $101.00 target price on shares of Citrix Systems in a report on Wednesday, January 31st. Robert W. Baird reaffirmed a “buy” rating on shares of Citrix Systems in a report on Thursday, January 18th. BidaskClub raised shares of Citrix Systems from a “hold” rating to a “buy” rating in a report on Friday, February 23rd. ValuEngine raised shares of Citrix Systems from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, Zacks Investment Research raised shares of Citrix Systems from a “hold” rating to a “buy” rating and set a $102.00 target price on the stock in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Citrix Systems currently has an average rating of “Hold” and an average price target of $91.56.
Several hedge funds and other institutional investors have recently modified their holdings of CTXS. Legal & General Group Plc boosted its stake in shares of Citrix Systems by 1.0% in the 3rd quarter. Legal & General Group Plc now owns 763,366 shares of the cloud computing company’s stock valued at $58,642,000 after purchasing an additional 7,896 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its stake in shares of Citrix Systems by 7.5% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 345,961 shares of the cloud computing company’s stock valued at $26,577,000 after purchasing an additional 24,201 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Citrix Systems by 1.3% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 520,373 shares of the cloud computing company’s stock valued at $39,976,000 after purchasing an additional 6,668 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Citrix Systems by 2.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 555,862 shares of the cloud computing company’s stock valued at $42,701,000 after purchasing an additional 11,005 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI boosted its stake in shares of Citrix Systems by 24.0% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 5,582 shares of the cloud computing company’s stock valued at $429,000 after purchasing an additional 1,081 shares during the last quarter. 91.46% of the stock is currently owned by institutional investors.
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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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