This is what analysts have to say about Citrix Systems, Inc. (NASDAQ:CTXS) after last week.

May 18, 2018 - By Ellis Scott

Citrix Systems, Inc. (NASDAQ:CTXS) LogoInvestors sentiment decreased to 0.68 in 2017 Q4. Its down 0.21, from 0.89 in 2017Q3. It worsened, as 41 investors sold Citrix Systems, Inc. shares while 201 reduced holdings. 52 funds opened positions while 112 raised stakes. 125.57 million shares or 4.04% less from 130.86 million shares in 2017Q3 were reported.
Pinebridge Invests L P reported 3,689 shares. Jane Street Gru Incorporated Ltd Liability Corp reported 0.01% in Citrix Systems, Inc. (NASDAQ:CTXS). Prelude Management Limited Liability Corporation accumulated 0% or 192 shares. Gotham Asset Mngmt Limited Co reported 98,010 shares or 0.13% of all its holdings. Weiss Multi invested in 25,000 shares. Tci Wealth Advsr has invested 0% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). State Treasurer State Of Michigan accumulated 41,974 shares. Natixis Asset invested 0.11% in Citrix Systems, Inc. (NASDAQ:CTXS). Yhb Inv Advisors Inc stated it has 0.34% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). Qs Limited Co has invested 0.08% in Citrix Systems, Inc. (NASDAQ:CTXS). Ellington Mgmt Grp Ltd Liability Corporation reported 0.04% stake. 8 were reported by Valley National Advisers Inc. Goldman Sachs Group Inc holds 0.1% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS) for 4.54 million shares. Goodman Financial stated it has 35 shares or 0% of all its holdings. 12,838 are held by Bb&T Securities Ltd Liability Corp.

Since January 3, 2018, it had 0 insider buys, and 8 selling transactions for $9.88 million activity. The insider COYLE MARK M sold 2,500 shares worth $222,250. Another trade for 12,500 shares valued at $1.16M was sold by HENSHALL DAVID J. 3,281 shares valued at $352,498 were sold by SOISSON JESSICA on Monday, May 14. VAN ROTTERDAM JEROEN sold 4,618 shares worth $424,348.

Citrix Systems, Inc. (NASDAQ:CTXS) Ratings Coverage

Among 12 analysts covering Citrix Systems (NASDAQ:CTXS), 4 have Buy rating, 1 Sell and 7 Hold. Therefore 33% are positive. Citrix Systems had 18 analyst reports since December 14, 2017 according to SRatingsIntel. Bernstein maintained Citrix Systems, Inc. (NASDAQ:CTXS) on Thursday, February 1 with “Buy” rating. The firm has “Hold” rating given on Thursday, January 11 by Cowen & Co. The rating was downgraded by Barclays Capital to “Equal-Weight” on Monday, January 8. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) has “Neutral” rating given on Thursday, February 1 by Bank of America. The firm earned “Outperform” rating on Wednesday, April 18 by Robert W. Baird. The firm has “Buy” rating given on Thursday, January 18 by Robert W. Baird. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) has “Buy” rating given on Tuesday, May 1 by Goldman Sachs. The company was maintained on Thursday, April 26 by Wells Fargo. Morgan Stanley maintained Citrix Systems, Inc. (NASDAQ:CTXS) on Thursday, February 1 with “Underweight” rating. The firm earned “Hold” rating on Thursday, February 1 by RBC Capital Markets. Below is a list of Citrix Systems, Inc. (NASDAQ:CTXS) latest ratings and price target changes.

01/05/2018 Broker: Goldman Sachs Rating: Buy New Target: $122.0000 Upgrade
26/04/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $90 New Target: $100 Maintain
26/04/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $84 New Target: $92 Maintain
26/04/2018 Broker: Wells Fargo Rating: Buy New Target: $120.0000 Maintain
26/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $88 New Target: $105 Maintain
26/04/2018 Broker: Berenberg Old Rating: Buy New Rating: Hold Downgrade
18/04/2018 Broker: Robert W. Baird Old Rating: Outperform New Rating: Outperform Old Target: $100 New Target: $110 Maintain
01/02/2018 Broker: Evercore Rating: Hold New Target: $92.0
01/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $93.0 Maintain
01/02/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $82 New Target: $84 Maintain

The stock decreased 0.34% or $0.36 during the last trading session, reaching $105.29. About 187,701 shares traded. Citrix Systems, Inc. (NASDAQ:CTXS) has risen 10.64% since May 18, 2017 and is uptrending. It has underperformed by 0.91% the S&P500.

Citrix Systems, Inc. provides an integrated platform for secure app and data delivery, and network functionality as a cloud service worldwide. The company has market cap of $14.27 billion. The firm offers workspace services, including XenDesktop, a cloud-enabled desktop virtualization solution that gives clients 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. It currently has negative earnings. The Company’s workspace services also comprise XenMobile enterprise mobility management solutions; and Citrix Workspace Suite, which provides apps, desktops, branch networking and WAN, enterprise mobility management, and data solutions.

More notable recent Citrix Systems, Inc. (NASDAQ:CTXS) news were published by: Benzinga.com which released: “Ulta, Valero, And 3 Other Stocks Showing Signs Of More Upside This Week” on May 08, 2018, also Seekingalpha.com with their article: “Bright Lights On Capitalist Woodstock, Tech Developers And Sports Betting” published on May 05, 2018, Benzinga.com published: “Citrix Added to Goldman Sachs’ Conviction List Ahead Of Analyst Day” on May 01, 2018. More interesting news about Citrix Systems, Inc. (NASDAQ:CTXS) were released by: Nasdaq.com and their article: “Why Citrix Systems, Inc. Shares Gained 11% in April” published on May 14, 2018 as well as Seekingalpha.com‘s news article titled: “Podcast: Microsoft Build, Citrix Synergy, Google I/O” with publication date: May 13, 2018.

Citrix Systems, Inc. (NASDAQ:CTXS) Institutional Positions Chart

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