The Thesis Is Still Intact: Xcel Energy Inc. (XEL), Citrix Systems, Inc. (CTXS)

Figoli Darla, SVP, Chief Human Resources Off, sold 9,000 shares of the Xcel Energy Inc. (NASDAQ:XEL) in an exchange that happened on March 12th. The stock was sold at an average price of $56.40 per share, amounting to a transaction worth $507,627. The sale was made public in a document filed with the SEC. Additionally, SVP, Corp Secretary, Exec Svcs Poferl Judy M. sold 8,953 shares of this stock in a transaction that took place on March 11th. The stock was sold at an average price of $55.86 per share, for a total exchange amounting to $500,106. After the transaction, the SVP, Corp Secretary, Exec Svcs Poferl Judy M. currently holds 8,855 shares of the company’s stock, which is worth approximately $497297.

With this stock price’s latest movement, it is now -1.06% away from its 1-year high and 33.75% higher than its 1-year low price. In the past seven days, the stock price volatility for Xcel Energy Inc. was 0.98%, whereas its volatility in the past 30 days has been 1.13%. This public company’s stock also has a beta score of 0.21. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

Xcel Energy Inc. (NASDAQ:XEL) most recently published its quarterly earnings results. The firm posted $0.42 earnings per share (EPS) for the three-month period, missing analysts’ consensus estimate of $0.42. The publicly-traded organization reported revenue of $2,880.00 million for the quarter, compared to the average analyst forecast calling for $2,845.32 million, which was surpassing the analyst consensus estimate.

Shares of Xcel Energy Inc. (XEL) plunged -0.86%, amounting to a loss of -$0.49 per share, to finish the regular trading session at $56.16 on Thursday 03/14/2019. After beginning the session at $56.29, shares of Xcel Energy Inc. reached as high as $56.5 during the day, while hitting a 1-day low of $55.94. Trade volume reached 3,243,662 shares against this stock’s average daily volume of 3.98M shares, with a total float of 512.42M. As a consequence of the price decrease, Xcel Energy Inc. now has a current market value of 28.78B.

Citrix Systems, Inc. (NASDAQ:CTXS) added 1.09% to its trading price by the close of the most recent session, jumping from its previous closing price of $100.56 to $101.66. This stock decreased in value by -1.18% during the last 7-day period, and experienced a loss of -3.58% over the past 30-day period. In the past three months, this stock’s price lost by -6.96% , and subtracted -8.62% to its price during the last six months of trading. CTXS demonstrated a yearly price gain of 6.34% , while its year-to-date (YTD) price performance has been down -0.78% . This stock’s price changed by +3.58% compared to its 90-day low, and moved down -7.37% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the CTXS stock as “Sell”. In the short-term, Citrix Systems, Inc. (CTXS) has a 20-day average volume of 2,332,265 shares and short-term indicators sets the CTXS stock as “ 60% Sell ” on average basis. In the medium-term, CTXS stock has a 50-Day average volume of 2,146,550 shares and medium-term indicators gave the average rating of “ 100% Sell ”, while in the long-term period the FB stock has a 100-Day average volume of 2,017,667 shares. On average, long-term indicators rated the stock as “67% Sell ”. The overall picture from all short, medium and long-term indicators sets the CTXS stock as “80% Sell ” on average basis.

Recently, multiple brokerages have sent out reports on CTXS. BofA/Merrill, for example, Reiterated its rating on shares of Citrix Systems, Inc. to a “Neutral”, while setting a $116 price target on shares of the company’s stock, according to a research note from Thursday October 25th, 2018. Wedbush Initiated their target price for this stock to $115, while giving the stock a “Neutral” rating, as stated in a research report from Friday, October 19th, 2018. Stifel, on the other hand, Reiterated a “Hold” rating on this stock, while posting a $120 price target on shares of this company’s stock in a research note dated Thursday, July 26th, 2018.

In other news related to Citrix Systems, Inc. stock, 0.00% shares of CTXS held by institutions. The total number of institutions who held the CTXS shares was 920, according to most recent SEC filling. During the past quarter, total 136,376,746 shares held by institutions with the net change of -4,208,893 shares. In the meantime, 89 new institutions bought the shares of Citrix Systems, Inc. for the first time and 72 institutions sold all their holdings in the company’s common stock. 375 institutions increased their investment in the CTXS stock and 380 institutions decreased their investment in the Citrix Systems, Inc. (CTXS)’s stock during the last quarter.