Robert Calderoni Sells 2,655 Shares of Citrix Systems (CTXS) Stock

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):

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  • 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.

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

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