November 30, 2016 - By Darrin Black
As stated in the SEC, a document for the transaction of 1,000 shares of Citrix Systems Inc by Murray Demo was filled. Murray Demo serves as a director of the public firm. The public form was filled on November 30, 2016. These shares were sold at average $87.3 for share, and are with market value of $87,330 USD. Murray is trying to silently decrease his company’s share, same as he did in the last 30 days. He unloaded another 1,000 shares worth $84,910 USD. He owns 0.01% of the -company’s market cap or 12,276 shares.
Out of 19 analysts covering Citrix Systems Inc. (NASDAQ:CTXS), 10 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 53% are positive. $104 is the highest target while $56 is the lowest. The $89 average target is 2.32% above today’s ($86.98) stock price. Citrix Systems Inc. has been the topic of 42 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The company was upgraded on Thursday, January 28 by JMP Securities. As per Tuesday, January 19, the company rating was downgraded by Morgan Stanley. On Wednesday, November 18 the stock rating was maintained by Credit Suisse with “Outperform”. The firm has “Neutral” rating given on Thursday, April 21 by UBS. Bank of America maintained the shares of CTXS in a report on Thursday, April 21 with “Buy” rating. The firm has “Sector Perform” rating given on Thursday, October 22 by RBC Capital Markets. Citigroup maintained the shares of CTXS in a report on Wednesday, July 27 with “Buy” rating. The firm earned “Neutral” rating on Wednesday, July 27 by BTIG Research. The firm earned “Sell” rating on Monday, October 3 by UBS. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) earned “Outperform” rating by FBR Capital on Thursday, October 22.
Insitutional Activity: The institutional sentiment decreased to 0.77 in 2016 Q2. Its down 0.44, from 1.21 in 2016Q1. The ratio dropped, as 25 funds sold all Citrix Systems, Inc. shares owned while 174 reduced positions. 59 funds bought stakes while 181 increased positions. They now own 140.71 million shares or 1.64% less from 143.05 million shares in 2016Q1.
Teachers Retirement Sys Of The State Of Kentucky holds 192,060 shares or 0.2% of its portfolio. The Massachusetts-based Babson Capital Mgmt Ltd Liability Com has invested 0.08% in Citrix Systems, Inc. (NASDAQ:CTXS). Martingale Asset L P holds 0.05% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS) for 41,170 shares. Yhb Investment holds 19,405 shares or 0.34% of its portfolio. Enterprise Svcs, a Missouri-based fund reported 42 shares. Moreover, Affinity Investment Advisors Ltd Liability has 1.21% invested in Citrix Systems, Inc. (NASDAQ:CTXS) for 204,444 shares. Daiwa Secs Grp Inc Inc holds 3,700 shares or 0% of its portfolio. Mufg Americas accumulated 0.02% or 5,377 shares. Savings Bank Of Hawaii reported 14,438 shares or 0.12% of all its holdings. Great Lakes Advisors Ltd Llc holds 0.05% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS) for 22,382 shares. Advantus Mngmt last reported 15,329 shares in the company. Stevens Capital Mgmt Ltd Partnership last reported 0.43% of its portfolio in the stock. Pitcairn Communications has 0.06% invested in the company for 6,111 shares. Moreover, Washington Trust National Bank has 0% invested in Citrix Systems, Inc. (NASDAQ:CTXS) for 43 shares. The Virginia-based Alexandria Capital Limited Liability Corporation has invested 0% in Citrix Systems, Inc. (NASDAQ:CTXS).
Insider Transactions: Since May 31, 2016, the stock had 0 insider buys, and 16 selling transactions for $8.81 million net activity. 1,000 shares were sold by DEMO MURRAY J, worth $88,220. HENSHALL DAVID J sold $2.13 million worth of stock or 25,000 shares. The insider SOISSON JESSICA sold 2,388 shares worth $202,271. Hylen Christopher had sold 2,250 shares worth $190,854. 7,242 shares were sold by Oestermann Klaus, worth $622,052. 365 shares were sold by Burley William, worth $30,956. Another trade for 13,290 shares valued at $1.12M was sold by Sartorius Carlos.
About 267,120 shares traded hands. Citrix Systems, Inc. (NASDAQ:CTXS) has risen 4.82% since April 27, 2016 and is uptrending. It has underperformed by 0.41% the S&P500.
Citrix Systems, Inc. develops and sells services and products that enable delivery of applications and data over public, private or hybrid clouds or networks, to virtually any type of device. The company has a market cap of $13.64 billion. The Firm operates through two divisions: Enterprise and Service Provider, and Mobility Apps. It has a 29.21 P/E ratio. The Company’s Enterprise and Service Provider segment consists of Workspace Services and Delivery Networking products.
According to Zacks Investment Research, “Citrix Systems, Inc. is one of the leading suppliers of application delivery and management software and services that enable the effective and efficient enterprise-wide deployment and management of applications. The company’s products permit organizations to deploy and manage applications without regard to location, network connection, or type of client hardware platform.”
Analysts await Citrix Systems, Inc. (NASDAQ:CTXS) to report earnings on January, 25. They expect $1.26 EPS, down 13.70% or $0.20 from last year’s $1.46 per share. CTXS’s profit will be $197.59 million for 17.26 P/E if the $1.26 EPS becomes a reality. After $1.11 actual EPS reported by Citrix Systems, Inc. for the previous quarter, Wall Street now forecasts 13.51% EPS growth.
Another recent and important Citrix Systems, Inc. (NASDAQ:CTXS) news was published by Investorplace.com which published an article titled: “Citrix Systems, Inc. Maintains Its Mojo (CTXS)” on October 20, 2016.
Citrix Systems, Inc., incorporated on April 17, 1989, develops and sells services and products that enable delivery of applications and data over public, private or hybrid clouds or networks, to virtually any type of device. The Firm operates through two divisions: Enterprise and Service Provider, and Mobility Apps. The Company’s Enterprise and Service Provider segment consists of Workspace Services and Delivery Networking products. The Company’s Mobility Apps segment consists of Communications Cloud and Workflow Cloud products. The Company’s solutions offer mobile workspaces that provide people with access to applications, desktops, data and communications, over any network or cloud. It markets and licenses its products directly to customers, over the Web, and through systems integrators (SIs), in addition to indirectly through value-added resellers (VARs), value-added distributors (VADs), original equipment manufacturers (OEMs) and service providers. The Company’s services and products are offered to customers, including individuals, professional clients and global enterprises.
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By Darrin Black