As U.S. Auto Parts Network (PRTS) Share Price Declined, Lafitte Capital Management LP Has Lowered Holding by $700,000; Citrix Sys (CTXS) Shareholder Pictet Asset Management LTD Boosted Its Holding by $456,368

May 22, 2018 - By Dolores Ford

Citrix Systems, Inc. (NASDAQ:CTXS) Logo

Pictet Asset Management Ltd increased its stake in Citrix Sys Inc (CTXS) by 6.53% based on its latest 2017Q4 regulatory filing with the SEC. Pictet Asset Management Ltd bought 5,186 shares as the company’s stock rose 5.21% while stock markets declined. The institutional investor held 84,636 shares of the technology company at the end of 2017Q4, valued at $7.45 million, up from 79,450 at the end of the previous reported quarter. Pictet Asset Management Ltd who had been investing in Citrix Sys Inc for a number of months, seems to be bullish on the $14.38B market cap company. The stock increased 0.50% or $0.53 during the last trading session, reaching $106.09. About 254,217 shares traded. Citrix Systems, Inc. (NASDAQ:CTXS) has risen 10.64% since May 22, 2017 and is uptrending. It has underperformed by 0.91% the S&P500.

Bryant Regan decreased its stake in U.S. Auto Parts Network Inc (PRTS) by 16% based on its latest 2017Q4 regulatory filing with the SEC. Lafitte Capital Management Lp sold 350,000 shares as the company’s stock declined 16.73% with the market. The hedge fund run by Bryant Regan held 1.84 million shares of the consumer services company at the end of 2017Q4, valued at $4.63M, down from 2.19 million at the end of the previous reported quarter. Lafitte Capital Management Lp who had been investing in U.S. Auto Parts Network Inc for a number of months, seems to be less bullish one the $58.41 million market cap company. The stock increased 3.09% or $0.05 during the last trading session, reaching $1.67. About 81,464 shares traded. U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) has declined 36.09% since May 22, 2017 and is downtrending. It has underperformed by 47.64% the S&P500.

Investors sentiment decreased to 0.6 in Q4 2017. Its down 0.82, from 1.42 in 2017Q3. It worsened, as 8 investors sold PRTS shares while 17 reduced holdings. 6 funds opened positions while 9 raised stakes. 16.66 million shares or 7.23% less from 17.95 million shares in 2017Q3 were reported. Alpinvest Bv reported 335,000 shares. Oppenheimer Asset Management reported 11,019 shares stake. Spark Inv Management Lc holds 17,200 shares or 0% of its portfolio. California Employees Retirement invested 0% in U.S. Auto Parts Network, Inc. (NASDAQ:PRTS). Brown Advisory stated it has 0% in U.S. Auto Parts Network, Inc. (NASDAQ:PRTS). Dimensional Fund Advisors LP owns 882,137 shares. 318,624 were reported by Wynnefield Capital. Panagora Asset Management Inc owns 49,977 shares. Morgan Stanley reported 77,756 shares. Moreover, Macquarie Gru Ltd has 0% invested in U.S. Auto Parts Network, Inc. (NASDAQ:PRTS). Sigma Planning Corp has 30,000 shares. Comml Bank Of America De accumulated 18,566 shares. Geode Cap Mngmt Lc has invested 0% in U.S. Auto Parts Network, Inc. (NASDAQ:PRTS). Moreover, North Star Inv Management has 0.34% invested in U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) for 1.12M shares. Millennium Mgmt Ltd Liability Company reported 0% in U.S. Auto Parts Network, Inc. (NASDAQ:PRTS).

Analysts await U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) to report earnings on August, 9. They expect $0.01 earnings per share, down 50.00% or $0.01 from last year’s $0.02 per share. PRTS’s profit will be $349,731 for 41.75 P/E if the $0.01 EPS becomes a reality. After $0.02 actual earnings per share reported by U.S. Auto Parts Network, Inc. for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

Another recent and important U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) news was published by Seekingalpha.com which published an article titled: “US Auto Parts Network’s (PRTS) CEO Aaron Coleman on Q1 2018 Results – Earnings Call Transcript” on May 11, 2018.

More recent Citrix Systems, Inc. (NASDAQ:CTXS) news were published by: Benzinga.com which released: “Ulta, Valero, And 3 Other Stocks Showing Signs Of More Upside This Week” on May 08, 2018. Also Seekingalpha.com published the news titled: “Podcast: Microsoft Build, Citrix Synergy, Google I/O” on May 13, 2018. Benzinga.com‘s news article titled: “Citrix Added to Goldman Sachs’ Conviction List Ahead Of Analyst Day” with publication date: May 01, 2018 was also an interesting one.

Among 25 analysts covering Citrix Systems Inc. (NASDAQ:CTXS), 11 have Buy rating, 3 Sell and 11 Hold. Therefore 44% are positive. Citrix Systems Inc. had 91 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, October 4 by Stifel Nicolaus. RBC Capital Markets maintained it with “Sector Perform” rating and $75 target in Wednesday, July 29 report. As per Monday, October 16, the company rating was maintained by Mizuho. The company was downgraded on Wednesday, July 27 by Stifel Nicolaus. Morgan Stanley maintained Citrix Systems, Inc. (NASDAQ:CTXS) rating on Thursday, February 1. Morgan Stanley has “Underweight” rating and $84 target. William Blair maintained the shares of CTXS in report on Thursday, August 20 with “Market Perform” rating. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, January 25. The stock has “Neutral” rating by Mizuho on Wednesday, November 18. The company was maintained on Thursday, June 1 by Jefferies. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) earned “Sell” rating by Jefferies on Thursday, October 19.

Investors sentiment decreased to 0.68 in Q4 2017. Its down 0.21, from 0.89 in 2017Q3. It worsened, as 41 investors sold CTXS shares while 201 reduced holdings. 52 funds opened positions while 112 raised stakes. 125.57 million shares or 4.04% less from 130.86 million shares in 2017Q3 were reported. Renaissance Grp Lc owns 1.23% invested in Citrix Systems, Inc. (NASDAQ:CTXS) for 412,556 shares. Putnam Investments Lc accumulated 221,763 shares. Moreover, Invesco has 0.05% invested in Citrix Systems, Inc. (NASDAQ:CTXS) for 1.57M shares. 29,541 were accumulated by Pub Employees Retirement Association Of Colorado. Aperio Gp Limited Com has 0.07% invested in Citrix Systems, Inc. (NASDAQ:CTXS). Sumitomo Mitsui Asset Mgmt Ltd stated it has 10,995 shares or 0.01% of all its holdings. Canada Pension Plan Investment Board owns 441,671 shares or 0.07% of their US portfolio. Amundi Pioneer Asset Mngmt holds 180,918 shares. Verition Fund Mngmt Limited Com stated it has 0.48% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). Banque Pictet Cie Sa has invested 0.14% in Citrix Systems, Inc. (NASDAQ:CTXS). Patten Gp has 0.03% invested in Citrix Systems, Inc. (NASDAQ:CTXS). 1,883 were accumulated by Bessemer Group Inc Inc. Hanson Mcclain accumulated 100 shares or 0% of the stock. Ibm Retirement Fund owns 0.04% invested in Citrix Systems, Inc. (NASDAQ:CTXS) for 2,380 shares. First Manhattan invested in 0% or 232 shares.

Since January 3, 2018, it had 0 insider buys, and 8 selling transactions for $9.88 million activity. Shares for $222,250 were sold by COYLE MARK M. $352,498 worth of stock was sold by SOISSON JESSICA on Monday, May 14. Another trade for 12,500 shares valued at $1.16 million was made by HENSHALL DAVID J on Thursday, February 1. The insider VAN ROTTERDAM JEROEN sold $424,348.

Pictet Asset Management Ltd, which manages about $38.87B US Long portfolio, decreased its stake in Paccar Inc (NASDAQ:PCAR) by 46,579 shares to 206,176 shares, valued at $14.66 million in 2017Q4, according to the filing. It also reduced its holding in Conagra Brands Inc (NYSE:CAG) by 74,932 shares in the quarter, leaving it with 356,605 shares, and cut its stake in Masco Corp (NYSE:MAS).

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

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