Citrix Systems Inc (CTXS) Files Form 4 Insider Selling : Christopher Hylen Sells 3,845 Shares

Citrix Systems Inc (CTXS): Christopher Hylen , SVP & GM, Mobility Apps of Citrix Systems Inc sold 3,845 shares on Apr 25, 2016. The Insider selling transaction was reported by the company on Apr 26, 2016 to the Securities and Exchange Commission. The shares were sold at $82.44 per share for a total value of $316,981.81 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 30, 2016, Christopher Hylen (SVP & GM, Mobility Apps) sold 2,455 shares at $76.21 per share price.On Mar 2, 2016, Murray J Demo (director) sold 2,000 shares at $71.31 per share price.Also, On Mar 1, 2016, Timothy A. Minahan (CMO) purchased 4 shares at $71.60 per share price.On Dec 17, 2015, Klaus Oestermann (SVP & GM, Delivery Networks) sold 6,250 shares at $78.00 per share price.

Shares of Citrix Systems (CTXS) ended Friday, Apr 22, 2016 session in red amid volatile trading. The shares closed down -1.13 points or -1.34% at $82.9 with 40,42,754 shares getting traded. Post opening the session at $83.71, the shares hit an intraday low of $82.03 and an intraday high of $83.95 and the price vacillated in this range throughout the day. The company has a market cap of $12,765 M and the number of outstanding shares has been calculated to be 15,39,79,770 shares. The 52-week high of Citrix Systems is $90 and the 52-week low is $60.91.

Citrix Systems Money Flow Index Chart

Company has been under the radar of several Street Analysts.Citrix Systems is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 81 from a previous price target of $73 .The Rating was issued on Apr 21, 2016.Citrix Systems is Reiterated by MKM Partners to Buy and the brokerage firm has raised the Price Target to $ 98 from a previous price target of $93 .The Rating was issued on Apr 21, 2016.Citrix Systems is Reiterated by Mizuho to Neutral and the brokerage firm has raised the Price Target to $ 80 from a previous price target of $70 .The Rating was issued on Apr 21, 2016.Citrix Systems is Upgraded by JMP Securities to Mkt Perform. Earlier the firm had a rating of Mkt Underperform on the company shares. The Rating was issued on Jan 28, 2016.

Citrix Systems Inc. provides virtualization mobility management networking and SaaS solutions to businesses. The Company’s solutions offer secure mobile workspaces that provide people with access to apps desktops data and communications on any device over any network or cloud. It markets and licenses its products directly to customers. The Company operates through two segments: Enterprise and Service Provider division and the Mobility Apps division. Enterprise and Service Provider division’s Workspace services include mobile platforms desktop and application virtualization citrix workspace suite and delivery networking. Its Mobility Apps applications include communications cloud documents cloud and workflow cloud. It also offers Professional Services and Technology products which include Citrix HDX FlexCast Citrix personalization technologies NetScaler Software Packet Engine ByteMobile Adaptive Traffic Management System XenMobile and Citrix Internet among others.

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