Citrix Systems, Inc. (CTXS) Short Interest Down 33.6% in December

Lloyd Doyle
January 13, 2018

However, the company's recent decision to clear a share buyback program, worth more than $2 billion, is encouraging. The institutional investor held 51,844 shares of the technology company at the end of 2017Q3, valued at $4.02 million, down from 73,901 at the end of the previous reported quarter. The volume of the company in the last trading session was 2.52 Million. About 438,978 shares traded. Citrix Systems, Inc. (CTXS)'s value Change from Open was at -0.11% with a Gap of -0.30%. It has outperformed by 9.72% the S&P500. Nordea Investment Management AB now owns 3,259,636 shares of the cloud computing company's stock worth $277,786,000 after buying an additional 1,344,047 shares during the last quarter. Koch Industries Inc. now owns 724,333 shares of the cloud computing company's stock worth $715,000 after buying an additional 718,580 shares during the period. Citrix Systems Inc now has $13.53 billion valuation. Unusual volume can be a major signal that investment gurus and momentum traders are piling into a stock ahead of a catalyst. About 6,595 shares traded. (NASDAQ:IPDN) has risen 110.38% since January 12, 2017 and is uptrending. It has outperformed by 56.28% the S&P500.

Investors sentiment is 0.89 in 2017 Q3. Its the same as in 2017Q2.

Several institutional investors have recently modified their holdings of CTXS. 130.86 million shares or 0.86% less from 132.01 million shares in 2017Q2 were reported. (NASDAQ:GARS). Ares Mngmt Ltd Liability Corp holds 309,244 shares or 0.09% of its portfolio. 27,000 were reported by Glg Prns Ltd Partnership. Wolverine Asset Management Ltd has invested 0.17% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS) or 20,856 shares. Morgan Stanley reported 462,079 shares.

According to Zacks, "Shares of Citrix Systems have underperformed its industry over the past year due to multiple headwinds". (NASDAQ:CTXS) can give useful insight into how the stock is performing. Loomis Sayles & Ltd Partnership holds 364 shares or 0% of its portfolio. Over the past week, shares are 0.70%. Franklin has invested 0% in Citrix Systems, Inc. Fuller & Thaler Asset Mgmt Incorporated stated it has 2,200 shares or 0% of all its holdings. Corporate insiders own 0.44% of the company's stock. 587,411 were accumulated by Canada Pension Plan Invest Board. State Of Tennessee Treasury Department holds 0.02% of its portfolio in Citrix Systems, Inc. Citrix Systems Inc. had 77 analyst reports since July 29, 2015 according to SRatingsIntel. (NASDAQ:CTXS)'s stock has been 11.75% and 23.17% for the last 12 months. Eaton Vance Mgmt reported 0.01% of its portfolio in Citrix Systems, Inc.

Analysts await Autohome Inc. This is the average number based on the total brokerage firms taken into consideration by Beta Systems Research. The business's revenue for the quarter was up 3.3% compared to the same quarter last year. equities research analysts anticipate that Citrix Systems, Inc. will post 3.93 earnings per share for the current year. CTXS's profit will be $206.42 million for 16.39 P/E if the $1.37 EPS becomes a reality. The cloud computing company reported $1.22 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.04 by $0.18. It is negative, as 4 investors sold Garrison Capital Inc. shares while 7 reduced holdings. There were 53 sold out positions, amounting to 2.87 million shares.

Among 23 analysts covering Citrix Systems Inc. Therefore 48% are positive.

Digging deeping into the Citrix Systems Inc (CTXS) 's technical indicators, we note that the Williams Percent Range or 14 day Williams %R now sits at -42.86. The rating was upgraded by Goldman Sachs on Friday, November 3 to "Buy". The stock of Citrix Systems, Inc. Analysts mean recommendation for the stock is 2.40. As per Thursday, August 3, the company rating was maintained by Barclays Capital. Maxim Group maintained Garrison Capital Inc. The rating was maintained by National Securities with "Buy" on Wednesday, August 5. Maxim Group has "Buy" rating and $15 target. The rating was maintained by Robert W. Baird on Friday, October 6 with "Buy". The firm has "Hold" rating by Cowen & Co given on Thursday, January 11. RBC Capital Markets maintained the stock with "Hold" rating in Sunday, October 8 report. As per Wednesday, March 15, the company rating was downgraded by Bank of America. Wells Fargo initiated the stock with "Market Perform" rating in Wednesday, January 11 report. (LITE). A frequently used tool among technical stock analysts is the moving average. (NYSE:ATHM) earned "Underperform" rating by Credit Suisse on Tuesday, June 28.

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