A Director at Citrix Systems (CTXS) is Selling Shares

Today, a Director at Citrix Systems (CTXS), Robert Calderoni, sold shares of CTXS for $4.35M.

Following Robert Calderoni’s last CTXS Sell transaction on November 21, 2017, the stock climbed by 61.8%.

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Based on Citrix Systems’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $861 million and quarterly net profit of $181 million. In comparison, last year the company earned revenue of $719 million and had a net profit of $110 million. The company has a one-year high of $152.50 and a one-year low of $90.28. Currently, Citrix Systems has an average volume of 651.11K.

One of the top 25 analysts, according to TipRanks.com, recently recommended Hold CTXS with a $147.00 price target. Based on 17 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $149.69, reflecting a -1.3% downside.

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Citrix Systems, Inc. engages in the design, development, and marketing of information technology solutions. It provides digital workspace that unifies apps, data, and services. It markets and licenses its products directly to customers through web, systems integrators, value-added resellers, and service providers. The company was founded by Edward E. Iacobucci on April 17, 1989 and is headquartered in Fort Lauderdale, FL.

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