Shares of Citrix Systems (NASDAQ:CTXS) Sees Large Outflow of Money

Citrix Systems (NASDAQ:CTXS) : The total money flow in Citrix Systems (NASDAQ:CTXS) was negative ($10.18 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $28.77 million. In comparison, the inflow of money into the stock on upticks was $18.59 million. The uptick to downtick ratio was 0.65. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $10.8 million. The value of transactions on uptick was $1.37 million. The negative money flow of ($9.43 million) confirms the selling in Citrix Systems (NASDAQ:CTXS) on strength. The uptick to downtick ratio of block trades was 0.13. Citrix Systems (NASDAQ:CTXS) gained $1.38 at $80.63, a gain of 1.74% over the previous days close. However, the stock registered 0.1% in the week.


In an insider trading activity,The director of Citrix Systems Inc, Demo Murray J sold 1,000 shares at $85.72 on May 31, 2016. The Insider selling transaction had a total value worth of $85,720. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.93% of Citrix Systems shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.03% . Institutional Investors own 97.72% of Citrix Systems shares. During last six month period, the net percent change held by insiders has seen a change of -9.71%.

The company shares have rallied 14.23% from its 1 Year high price. On Apr 21, 2016, the shares registered one year high at $90.00 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $84.22 and the 200 Day Moving Average price is recorded at $76.86. Citrix Systems (NASDAQ:CTXS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $79.49 and $79.37 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $80.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $80.63, notching a gain of 1.74% for the day. The total traded volume was 1,564,933 . The stock had closed at $79.25 on the previous day.

Citrix Systems, Inc. provides virtualization, mobility management, networking and SaaS solutions to businesses. The Companys 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 divisions 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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