How Many Citrix Systems, Inc. (NASDAQ:CTXS)’s Analysts Are Bearish?

Citrix Systems, Inc. (NASDAQ:CTXS) Logo
Investors sentiment increased to 1.26 in 2018 Q3. Its up 0.14, from 1.12 in 2018Q2. It improved, as 25 investors sold Citrix Systems, Inc. shares while 163 reduced holdings. 76 funds opened positions while 160 raised stakes. 118.38 million shares or 2.96% less from 121.98 million shares in 2018Q2 were reported.
First Allied Advisory Svcs reported 0.05% in Citrix Systems, Inc. (NASDAQ:CTXS). Calamos Advsr Ltd Co stated it has 3,840 shares or 0% of all its holdings. Geode Capital Mgmt Ltd Limited Liability Company stated it has 0.06% in Citrix Systems, Inc. (NASDAQ:CTXS). Natl Pension Service accumulated 0.07% or 161,311 shares. State Of New Jersey Common Pension Fund D reported 49,300 shares or 0.02% of all its holdings. Dekabank Deutsche Girozentrale accumulated 204,723 shares. Sandler Capital Management holds 1.37% or 244,711 shares. 3,241 are held by Raymond James Na. Dnb Asset Mgmt As holds 16,708 shares. Liberty Mutual Gp Asset Mgmt holds 5,146 shares. Pub Employees Retirement Association Of Colorado stated it has 27,028 shares or 0.02% of all its holdings. Hanson Mcclain invested in 0% or 100 shares. Wg Shaheen & Assocs Dba Whitney & owns 56 shares. Trexquant Investment Limited Partnership accumulated 15,667 shares. Pictet Asset Mngmt Limited owns 73,065 shares.

Since July 3, 2018, it had 0 insider purchases, and 12 insider sales for $4.11 million activity. Another trade for 5,890 shares valued at $644,389 was made by Minahan Timothy A. on Monday, December 3. FERRER MARK J sold $138,994 worth of stock. On Thursday, December 13 the insider SOISSON JESSICA sold $162,393. The insider VAN ROTTERDAM JEROEN sold $852,551. HOUGH PAUL J. had sold 8,483 shares worth $875,106.

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

Among 6 analysts covering Citrix Systems (NASDAQ:CTXS), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Citrix Systems had 7 analyst reports since July 20, 2018 according to SRatingsIntel. On Friday, July 20 the stock rating was downgraded by Robert W. Baird to “Neutral”. Barclays Capital maintained Citrix Systems, Inc. (NASDAQ:CTXS) rating on Friday, September 7. Barclays Capital has “Equal-Weight” rating and $114 target. The rating was maintained by Citigroup with “Buy” on Thursday, October 25. On Thursday, July 26 the stock rating was maintained by Morgan Stanley with “Underweight”. The firm has “Hold” rating given on Thursday, July 26 by Stifel Nicolaus. The firm earned “Neutral” rating on Thursday, October 25 by Robert W. Baird. Below is a list of Citrix Systems, Inc. (NASDAQ:CTXS) latest ratings and price target changes.

25/10/2018 Broker: Robert W. Baird Old Rating: Neutral New Rating: Neutral Old Target: $120 New Target: $105 Maintain
25/10/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $120 New Target: $124 Maintain
19/10/2018 Broker: Wedbush Rating: Neutral New Target: $115 Initiates Coverage On
07/09/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $112 New Target: $114 Maintain
26/07/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $92 New Target: $101 Maintain
26/07/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $105 New Target: $120 Maintain
20/07/2018 Broker: Robert W. Baird Old Rating: Outperform New Rating: Neutral Old Target: $110 Downgrade

The stock decreased 0.34% or $0.35 during the last trading session, reaching $101.8. About 1.32 million shares traded. Citrix Systems, Inc. (NASDAQ:CTXS) has risen 24.53% since December 29, 2017 and is uptrending. It has outperformed by 24.53% 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 $13.72 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 has a 120.05 P/E ratio. 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: Seekingalpha.com which released: “Citrix: The Fault Is In Our Clouds! – Seeking Alpha” on July 17, 2018, also Nasdaq.com with their article: “Citrix (CTXS) Tops Q2 Earnings & Revenues, Raises 18′ View – Nasdaq” published on July 26, 2018, Nasdaq.com published: “Is a Beat in Store for Citrix Systems (CTXS) in Q3 Earnings? – Nasdaq” on October 19, 2018. More interesting news about Citrix Systems, Inc. (NASDAQ:CTXS) were released by: Seekingalpha.com and their article: “Citrix Systems, Inc. 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” published on July 25, 2018 as well as Nasdaq.com‘s news article titled: “Citrix (CTXS) Beats on Q3 Earnings & Revenues, Hikes 18’ View – Nasdaq” with publication date: October 25, 2018.

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

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