SEC Form SC 13G filed

2/16/21 12:23:42 PM ET

Computer Software: Prepackaged Software

Technology

Get the next $CTXS alert in real time by email

SC 13G 1 ctxs13gdec20.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ) CITRIX SYSTEMS INC (Name of Issuer) COMMON STOCK (Title of Class of Securities) 177376100 (CUSIP NUMBER) December 31, 2020 (Date of Event which Requires Filing of Statement) Check the appropriate box to designate the Rule pursuant to which this Schedule is filed: [x] Rule 13d - 1(b) Rule 13d - 1(c) Rule 13d - 1(d) 1. Name of Reporting Person T. ROWE PRICE ASSOCIATES, INC. 52-0556948 2. Check the Appropriate Box if a Member of a Group NOT APPLICABLE 3. SEC Use Only 4. Citizenship or Place of Organization Maryland Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power* 3,925,186 6. Shared Voting Power* 0 7. Sole Dispositive Power* 10,198,394 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 10,198,394 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares NOT APPLICABLE 11. Percent of Class Represented by Amount in Row 9 8.2% 12. Type of Reporting Person IA *Any shares reported in Items 5 and 6 are also reported in Item 7. Item 1(a) Name of Issuer: CITRIX SYSTEMS INC Item 1(b) Address of Issuer's Principal Executive Offices: 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE, FLORIDA 33309 Item 2(a) Name of Person(s) Filing: (1) T. ROWE PRICE ASSOCIATES, INC. ("Price Associates") Item 2(b) Address of Principal Business Office: 100 E. Pratt Street, Baltimore, MD 21202 Item 2(c) Citizenship or Place of Organization: (1) Maryland Item 2(d) Title of Class of Securities: COMMON STOCK Item 2(e) Cusip Number: 177376100 Item 3: The person filing this Schedule 13G is an: X Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Item 4: Reference is made to Items 5-11 on the preceding pages of this Schedule 13G. Item 5: Ownership of Five Percent or Less of a Class Not Applicable Item 6: Ownership of More than Five Percent on Behalf of Another Person (1) Price Associates does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client's custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the individual and institutional clients which Price Associates serves as investment adviser. Any and all discretionary authority which has been delegated to Price Associates may be revoked in whole or in part at any time. Except as may be indicated if this is a joint filing with one of the registered investment companies sponsored by Price Associates which it also serves as investment adviser ("T. Rowe Price Funds"), not more than 5% of the class of such securities is owned by any one client subject to the investment advice of Price Associates. (2) With respect to securities owned by any one of the T. Rowe Price Funds, only the custodian for each of such Funds, has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. No other person is known to have such right, except that the shareholders of each such Fund participate proportionately in any dividends and distributions so paid. Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8: Identification and Classification of Members of the Group Not Applicable Item 9: Notice of Dissolution of Group Not Applicable Item 10: Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. T. ROWE PRICE ASSOCIATES, INC. Date: February 16, 2021 Signature: /s/ David Oestreicher Name & Title: David Oestreicher, Executive Vice President 12/31/2020

Get the next $CTXS alert in real time by email

Recent Analyst Ratings for

$CTXS

Date	Price Target	Rating	Analyst
2/23/2022		Outperform → Market Perform	Bernstein
2/1/2022	$85.00 → $104.00	Underweight	Morgan Stanley
1/25/2022	$103.00 → $85.00	Neutral → Sell	Citigroup
1/12/2022	$88.00 → $80.00	Underweight	Barclays
12/16/2021	$75.00	Sell	Goldman Sachs
11/5/2021	$95.00 → $88.00	Underweight	Barclays
11/5/2021	$110.00 → $105.00	Sector Perform	RBC Capital
11/5/2021	$90.00 → $85.00	Equal-Weight → Underweight	Morgan Stanley

More analyst ratings

SEC Form SC 13G filed

Chat with this insight

Recent Analyst Ratings for $CTXS

$CTXS Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SEC Form 4: Sherman J Donald returned 4,570 shares to the company, closing all direct ownership in the company to cover taxes

SEC Form 4: Sacripanti Peter John returned 16,196 shares to the company, closing all direct ownership in the company (for tax liability)

SEC Form 4: Knowling Robert E Jr returned 3,502 shares to the company, closing all direct ownership in the company (for tax liability)

$CTXS Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Citrix Systems Inc. (Amendment)

SEC Form SC 13G/A filed by Citrix Systems Inc. (Amendment)

SEC Form SC 13G/A filed by Citrix Systems Inc. (Amendment)

$CTXS SEC Filings

SEC Form 15-12G filed by Citrix Systems Inc.

SEC Form S-8 POS filed by Citrix Systems Inc.

$CTXS Financials

Live finance-specific insights

Citrix Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Citrix to Be Acquired by Affiliates of Vista Equity Partners and Evergreen Coast Capital for $16.5 Billion

Citrix Reports Third Quarter 2021 Financial Results

$CTXS Leadership Updates

Live Leadership Updates

Vista Equity Partners and Evergreen Coast Capital Announce Appointment of Tom Krause as CEO of Combined Company of Citrix Systems and TIBCO Software Upon Closing

Relay Robotics Secures $10 Million Financing

Phunware Appoints Matt Lull as Executive Vice President & Chief Cryptocurrency Officer

$CTXS Press Releases

Fastest customizable press release news feed in the world

$CTXS Market Insights

Live Market Insights

$CTXS Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Citrix Systems, Inc.: Please contact the Portnoy Law Firm to recover your losses; February 13, 2023 deadline

Vista Equity Partners and Evergreen Coast Capital Announce the Completion of the Transaction to Acquire Citrix Systems and Combine It with TIBCO Software

Kyndryl and Citrix Announce Global Alliance to Help Customers Accelerate Adoption of Digital Workplace Virtualization Services and Solutions

Pacific Gas & Electric To Join S&P 500 As Vista Equity Scoops Citrix Systems

Citrix Debt Deal Prices With Large Losses For Banks; Banks Funding Buyout On Track To Collectively Lose Over $500M; $4.1B Leveraged Loan Prices At 9% Discount; Buyout Debt Prices With 16% Discount On $4B 6.5% Secured Notes, Sources Say - WSJ

Inflation Fueled Interest Rates Trigger Strong Demand For Citrix Debt

Citrix Systems downgraded by Bernstein

Morgan Stanley reiterated coverage on Citrix Systems with a new price target

Citrix Systems downgraded by Citigroup with a new price target

Recent Analyst Ratings for
$CTXS

$CTXS
Insider Trading

$CTXS
Large Ownership Changes

$CTXS
SEC Filings

$CTXS
Financials

$CTXS
Leadership Updates

$CTXS
Press Releases

$CTXS
Market Insights

$CTXS
Analyst Ratings