10,186 Shares in Citrix Systems, Inc. (CTXS) Purchased by Banco de Sabadell S.A

Banco de Sabadell S.A bought a new stake in Citrix Systems, Inc. (NASDAQ:CTXS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 10,186 shares of the cloud computing company’s stock, valued at approximately $1,065,000.

Several other hedge funds have also modified their holdings of the company. First Trust Advisors LP raised its stake in shares of Citrix Systems by 3.3% in the 2nd quarter. First Trust Advisors LP now owns 2,811,923 shares of the cloud computing company’s stock valued at $294,802,000 after acquiring an additional 90,456 shares during the period. Farallon Capital Management LLC raised its stake in shares of Citrix Systems by 4.2% in the 1st quarter. Farallon Capital Management LLC now owns 2,314,254 shares of the cloud computing company’s stock valued at $214,763,000 after acquiring an additional 93,871 shares during the period. Renaissance Technologies LLC raised its stake in shares of Citrix Systems by 414.0% in the 2nd quarter. Renaissance Technologies LLC now owns 1,751,190 shares of the cloud computing company’s stock valued at $183,595,000 after acquiring an additional 1,410,500 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of Citrix Systems by 81.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 927,034 shares of the cloud computing company’s stock valued at $97,191,000 after acquiring an additional 416,446 shares during the period. Finally, Toronto Dominion Bank raised its stake in shares of Citrix Systems by 5.9% in the 1st quarter. Toronto Dominion Bank now owns 754,182 shares of the cloud computing company’s stock valued at $69,972,000 after acquiring an additional 42,029 shares during the period. 95.37% of the stock is currently owned by institutional investors and hedge funds.

CTXS has been the topic of a number of research reports. Cowen reissued a “hold” rating and issued a $120.00 target price on shares of Citrix Systems in a research note on Thursday, July 26th. Robert W. Baird downgraded shares of Citrix Systems from an “outperform” rating to a “neutral” rating and set a $110.00 target price on the stock. in a research note on Friday, July 20th. Morgan Stanley raised their target price on shares of Citrix Systems from $92.00 to $101.00 and gave the company an “underweight” rating in a research note on Thursday, July 26th. Stifel Nicolaus raised their target price on shares of Citrix Systems from $105.00 to $120.00 and gave the company a “hold” rating in a research note on Thursday, July 26th. Finally, BidaskClub raised shares of Citrix Systems from a “hold” rating to a “buy” rating in a research note on Saturday, September 1st. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Citrix Systems presently has a consensus rating of “Hold” and an average target price of $114.21.

Citrix Systems stock opened at $112.09 on Friday. Citrix Systems, Inc. has a 12-month low of $75.01 and a 12-month high of $116.82. The firm has a market cap of $15.09 billion, a P/E ratio of 27.07, a PEG ratio of 2.90 and a beta of 1.16. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 1.17.

Citrix Systems (NASDAQ:CTXS) last released 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 for the quarter, compared to the consensus estimate of $716.33 million. During the same quarter in the previous year, the firm posted $103.00 EPS. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. equities analysts expect that Citrix Systems, Inc. will post 4.2 EPS for the current fiscal year.

In other Citrix Systems news, CEO David J. Henshall sold 10,000 shares of the firm’s stock in a transaction on Thursday, July 12th. The shares were sold at an average price of $107.23, for a total transaction of $1,072,300.00. Following the completion of the transaction, the chief executive officer now directly owns 333,733 shares of the company’s stock, valued at approximately $35,786,189.59. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert Calderoni sold 2,128 shares of the firm’s stock in a transaction on Tuesday, July 3rd. The stock was sold at an average price of $106.27, for a total transaction of $226,142.56. Following the transaction, the insider now directly owns 152,908 shares of the company’s stock, valued at $16,249,533.16. The disclosure for this sale can be found here. Insiders have sold a total of 17,520 shares of company stock worth $1,903,262 in the last ninety days. 0.56% of the stock is currently owned by insiders.

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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Institutional Ownership by Quarter for Citrix Systems (NASDAQ:CTXS)

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