Macquarie Group Ltd. Sells 30317 Shares of Adobe Systems Incorporated (NASDAQ:ADBE)

05 December, 2017, 16:38 | Author: Sammy Rose

Adobe Sys Inc now has $83.03 billion valuation. The stock increased 4.52% or $3.81 during the last trading session, reaching $88.04. About 1.41 million shares traded. It has underperformed by 11.76% the S&P500. Adobe Systems had 125 analyst reports since August 11, 2015 according to SRatingsIntel. Millennium Management Lc holds 0.07% in Adobe Systems Incorporated (NASDAQ:ADBE) or 283,909 shares. The Sarissa Capital Management Lp holds 383,858 shares with $104.16 million value, up from 310,000 last quarter. 1ST Source Bank now owns 1,847 shares of the software company's stock valued at $261,000 after buying an additional 6 shares in the last quarter. The shares were sold at an average price of $181.19, for a total value of $353,864.07. Schaper Benz & Wise Invest Counsel Wi has invested 2.55% in Adobe Systems Incorporated (NASDAQ:ADBE). It has outperformed by 25.59% the S&P500.

An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings.

When looking at the investment recommendation on say a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell), ADBE is given a 1.90 while 2.30 placed for IRWD. Therefore 39% are positive. Scripps Networks had 51 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Monday, September 21 by S&P Research. The stock of Lowe's Companies, Inc. On Monday, April 4 the stock rating was maintained by Dougherty & Company with "Buy". RBC Capital Markets maintained the stock with "Outperform" rating in Friday, March 18 report. The company was initiated on Tuesday, May 24 by Topeka Capital Markets. Raymond James has "Outperform" rating and $26 target. As per Friday, March 18, the company rating was maintained by Bernstein. (NASDAQ:AUPH) rating on Monday, October 23. As per Wednesday, June 22, the company rating was maintained by Rosenblatt.

A statistical measure of the dispersion of returns (volatility) for ADBE producing salvation in Investors mouth, it has week volatility of 2.60% and for the month booked as 1.69%. 108 funds opened positions while 386 raised stakes. Pathstone Family Office Limited Liability Corp has invested 0.48% in Lowe's Companies, Inc. Howe And Rusling holds 1.15% or 40,143 shares in its portfolio. At a certain point in the past four quarters, the shares traded as low as $98.00 but made a 71.88% recovery since then. Stearns Fin Ser Group Inc holds 34,328 shares or 0.64% of its portfolio. Exane Derivatives now owns 958 shares of the software company's stock worth $143,000 after acquiring an additional 340 shares in the last quarter. Credit Suisse Ag reported 969,083 shares. Sei Investments owns 870,295 shares. Hendley And Company stated it has 27,925 shares or 2.2% of all its holdings. Bremer National Association invested in 7,246 shares or 0.29% of the stock. 13,459 were accumulated by Holderness. Busey Trust Company holds 0.05% or 2,332 shares in its portfolio. Lipe Dalton owns 16,562 shares or 2.91% of their United States portfolio. The firm owned 142,624 shares of the software company's stock after selling 30,317 shares during the quarter. Chevy Chase Trust Holdg owns 745,696 shares or 0.28% of their U.S. portfolio. Regentatlantic Capital Ltd Liability Co owns 12,263 shares. It also reduced Facebook Inc (NASDAQ:FB) stake by 4,817 shares and now owns 73,275 shares.

Since June 14, 2017, it had 0 insider purchases, and 1 sale for $311,035 activity. Shares for $311,035 were sold by Lewnes Ann.

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Renaissance Ltd owns 299,555 shares or 0.37% of their United States portfolio. (NASDAQ: AMZN ) for 98,501 shares. Finally, TIAA CREF Investment Management LLC increased its position in Amazon.com by 1.7% in the 2nd quarter.


Investors sentiment decreased to 1.21 in Q2 2017. Its down 0.16, from 1.04 in 2017Q1. It improved, as 49 investors sold ADBE shares while 326 reduced holdings.

Other hedge funds also recently added to or reduced their stakes in the company. Zacks Investment Research raised shares of Adobe Systems from a "hold" rating to a "buy" rating and set a $203.00 target price on the stock in a research report on Monday.

Incyte Corporation (NASDAQ:INCY) shares were trading lower by -1.06 percent ($-1.05) at $97.94 a piece in Sunday's session. Gofen & Glossberg Limited Liability Il holds 25,645 shares. Envestnet Asset Inc reported 53,529 shares. Shares of INCY have downtrended -29.04% in the past three months, while the S&P 500 has moved -33.49% in that time. Moreover, Sumitomo Mitsui Asset Mngmt Ltd has 0.11% invested in Adobe Systems Incorporated (NASDAQ:ADBE). During the same period last year, the business posted $0.75 EPS. research analysts anticipate that Adobe Systems Incorporated will post 3.46 EPS for the current year. Jacobs & Ca invested in 1.42% or 51,129 shares.

GW Pharmaceuticals plc (GWPH) has so far tried but failed to beat the consensus-estimated -$1.5, with their earning staying at -$2.08 per share. Laurion Capital L P holds 0.02% in Adobe Systems Incorporated (NASDAQ:ADBE) or 23,808 shares. Therefore 92% are positive. Hanson Mcclain Inc has 0% invested in Adobe Systems Incorporated (NASDAQ:ADBE). The firm has "Buy" rating given on Tuesday, August 22 by BMO Capital Markets. Five investment analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and two have issued a strong buy rating to the company's stock. Rapid7, Inc. (NASDAQ:RPD) has risen 56.77% since December 5, 2016 and is uptrending. Cowen & Co maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Thursday, October 19. The company was maintained on Wednesday, September 20 by Jefferies. The stock has "Overweight" rating by Pacific Crest on Wednesday, September 21. The firm earned "Buy" rating on Friday, December 30 by H.C. Wainwright. As per Wednesday, September 2, the company rating was upgraded by Vetr. As per Tuesday, August 9, the company rating was maintained by Barclays Capital.

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