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

Citrix Systems, Inc. (NASDAQ:CTXS) LogoInvestors sentiment increased to 1.12 in 2018 Q2. Its up 0.42, from 0.7 in 2018Q1. It improved, as 30 investors sold Citrix Systems, Inc. shares while 160 reduced holdings. 74 funds opened positions while 139 raised stakes. 121.98 million shares or 0.85% more from 120.96 million shares in 2018Q1 were reported.
Legg Mason Asset (Japan) Ltd accumulated 9,400 shares or 0.77% of the stock. Guggenheim Limited Liability Company holds 95,841 shares. Mutual Of America Capital Management Llc holds 16,592 shares or 0.03% of its portfolio. 13,478 were reported by Commonwealth Of Pennsylvania School Empls Retrmt. First Republic Inv Management has invested 0.01% in Citrix Systems, Inc. (NASDAQ:CTXS). Buckhead Cap Mngmt Ltd Llc holds 0.64% or 18,543 shares in its portfolio. Neuberger Berman Grp Inc Lc, New York-based fund reported 5,973 shares. Chicago Equity Prtn Ltd accumulated 3,640 shares. Guinness Asset, United Kingdom-based fund reported 120 shares. Tower Research Capital Ltd Liability Company (Trc) owns 5,660 shares. 173,546 were reported by Nuveen Asset Ltd. Confluence Wealth Management Lc holds 0.48% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS) for 8,682 shares. Colony Lc reported 0.02% in Citrix Systems, Inc. (NASDAQ:CTXS). Sumitomo Mitsui Asset Mgmt Ltd reported 0.01% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). Kbc Group Nv holds 690,169 shares or 0.63% of its portfolio.

Since June 12, 2018, it had 0 buys, and 9 sales for $3.98 million activity. On Tuesday, July 31 CALDERONI ROBERT sold $234,497 worth of Citrix Systems, Inc. (NASDAQ:CTXS) or 2,128 shares. $875,106 worth of Citrix Systems, Inc. (NASDAQ:CTXS) was sold by HOUGH PAUL J. on Friday, November 2. The insider VAN ROTTERDAM JEROEN sold $852,551. FERRER MARK J sold 1,388 shares worth $149,085. $129,256 worth of Citrix Systems, Inc. (NASDAQ:CTXS) shares were sold by SOISSON JESSICA.

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

Among 7 analysts covering Citrix Systems (NASDAQ:CTXS), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Citrix Systems had 8 analyst reports since June 11, 2018 according to SRatingsIntel. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) has “Equal-Weight” rating given on Friday, September 7 by Barclays Capital. The company was downgraded on Friday, July 20 by Robert W. Baird. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) has “Neutral” rating given on Monday, June 11 by Bank of America. The rating was maintained by Citigroup on Thursday, October 25 with “Buy”. On Thursday, October 25 the stock rating was maintained by Robert W. Baird with “Neutral”. The rating was maintained by Morgan Stanley with “Underweight” on Thursday, July 26. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) earned “Hold” rating by Stifel Nicolaus on Thursday, July 26. 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
11/06/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $108 New Target: $115 Maintain

The stock increased 0.68% or $0.75 during the last trading session, reaching $111.04. About 56,582 shares traded. Citrix Systems, Inc. (NASDAQ:CTXS) has risen 46.58% since December 4, 2017 and is uptrending. It has outperformed by 30.96% 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 $14.96 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 130.94 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: Streetinsider.com which released: “Exclusive: A10 Networks explores potential sale – sources – StreetInsider.com” on November 23, 2018, also Seekingalpha.com with their article: “Citrix: The Fault Is In Our Clouds! – Seeking Alpha” published on July 17, 2018, Seekingalpha.com published: “Citrix Systems Acquires Sapho For Micro Application Tech – Seeking Alpha” on November 21, 2018. More interesting news about Citrix Systems, Inc. (NASDAQ:CTXS) were released by: Seekingalpha.com and their article: “Citrix: Banking On A Cloud Transition – Seeking Alpha” published on July 23, 2018 as well as Businesswire.com‘s news article titled: “Citrix Redefines Employee Experience – Business Wire” with publication date: November 15, 2018.

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

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