Looking at Citrix Systems, Inc.’s (NASDAQ:CTXS ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

Although we don’t think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Citrix Systems

The Last 12 Months Of Insider Transactions At Citrix Systems

In the last twelve months, the biggest single sale by an insider was when the Executive VP & CFO, Arlen Shenkman, sold US$90k worth of shares at a price of US$133 per share. While we don’t usually like to see insider selling, it’s more concerning if the sales take place at a lower price. It’s of some comfort that this sale was conducted at a price well above the current share price, which is US$98.13. So it may not shed much light on insider confidence at current levels. …

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