Adobe Systems (NASDAQ:ADBE) EVP Sells $680502.90 in Stock

The stock has been active on the tape, now trading at $221.91, up from yesterday's close by 2.11%. Funds hold 410.42 million shares thus 1.09% less from 2017Q3's 414.95 million shares. It has underperformed by 10.43% the S&P500.

Technical Analysis of Adobe Systems Incorporated: Looking into the profitability ratios of ADBE stock, the shareholder will find its ROE, ROA and ROI standing at 22.7%, 13.2% and 16.7%, respectively. Mark Asset Management Corp who had been investing in Adobe Systems Inc for a number of months, seems to be bullish on the $109.28B market cap company. About 555,544 shares traded.

Adobe Systems (NASDAQ:ADBE) has received an average recommendation of "Buy" from the thirty-five analysts that are presently covering the stock, MarketBeat.com reports. It has outperformed by 55.16% the S&P500.

Investors sentiment decreased to 0.89 in 2017 Q4. That's change of 0.22, from 2017Q3's 1.11. 280 grew holdings while 107 funds acquired holdings.

In terms of performance, shares of Union Pacific Corporation (NYSE:UNP) are 1.46% since the start of 2016. Pictet North America Advisors Sa sold 39,327 shares as the company's stock declined 3.38% with the market.

The SMA20 for the stock is at -0.38 percent, SMA50 stands at -4.6 percent, while SMA200 is 10.76 Percent, according to Finviz reported data.

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Trading at the moment with a market cap of $112.13B, ADBE has a significant cash 2.67 billion on their books, which will have to be weighed and compared to their $3.54 billion in total current liabilities. Barton Invest reported 0.12% stake. BidaskClub lowered Adobe Systems from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, June 13th. Kentucky Retirement System holds 0.38% or 30,398 shares in its portfolio. Asset Mgmt One Communication Ltd has invested 0.31% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). On Monday, December 18 Banse Amy bought $199,520 worth of Adobe Systems Incorporated (NASDAQ:ADBE) or 1,125 shares. Tiemann Investment Advsrs Ltd Liability Company owns 2,430 shares for 0.34% of their portfolio. Gulf Intl Bancshares (Uk) Limited holds 155,734 shares. Over the past week, shares are -2.09%. Northern Trust owns 6.12M shares or 0.27% of their U.S. portfolio. Of Toledo Na Oh stated it has 0.08% in Adobe Systems Incorporated (NASDAQ:ADBE). The shares were sold at an average price of $197.13, for a total value of $1,256,900.88.

Since December 13, 2017, it had 1 insider buy, and 16 insider sales for $87.08 million activity. Lewnes Ann sold $680,503 worth of stock. On Monday, March 19 the insider WARNOCK JOHN E sold $1.12 million. (1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). Confluence Wealth Limited Com owns 0.12% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 1,448 shares.

The Adobe Systems Incorporated exchanged hands with 2791890 shares compared to its average daily volume of 3.11M shares.

Natixis, which manages about $13.01 billion US Long portfolio, decreased its stake in Littelfuse Inc (NASDAQ:LFUS) by 2,511 shares to 1,840 shares, valued at $364,000 in 2017Q4, according to the filing. Pebblebrook Hotel Tr (NYSE:PEB) was raised too. Schaper Benz And Wise Investment Counsel Wi has invested 2.74% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). During the same period previous year, the company posted $0.71 earnings per share. ADBE's profit will be $615.59M for 43.46 P/E if the $1.25 EPS becomes a reality. After $1.28 actual earnings per share reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts -2.34% negative EPS growth. Therefore 93% are positive. Adobe Systems has a consensus rating of "Buy" and an average price target of $217.88. $187.71's average target is -15.41% below currents $221.9 stock price. Adobe Systems had 35 analyst reports since November 9, 2017 according to SRatingsIntel. The rating was maintained by Credit Suisse on Thursday, October 19 with "Buy". The firm earned "Buy" rating on Tuesday, October 31 by Argus Research. As per Friday, December 11, the company rating was maintained by JP Morgan. If our $240.78 price target is touched ADBE's valuation can change by $8.78 billion. 35 are the (NASDAQ:ADBE)'s ratings reports on April 26, 2018 according to StockzIntelligence Inc. The company was upgraded on Tuesday, September 8 by Vetr. (NASDAQ:AMZN) earned "Buy" rating by Needham on Tuesday, January 30. Cornerstone Advisors Inc has 0.54% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 27,000 shares. The stock has "Buy" rating by RBC Capital Markets on Monday, September 11. Also, EVP Donna Morris sold 29,404 shares of Adobe Systems stock in a transaction that occurred on Thursday, January 25th.

Investors sentiment decreased to 0.89 in 2017 Q4. Its up 0.04, from 0.83 in 2017Q3. Parametric Associate Ltd Liability Corp, a Washington-based fund reported 1.57 million shares. 282,400 were accumulated by Price T Rowe Assoc Incorporated Md. Alpine Glob Management Ltd Company has invested 0.76% in 3M Company (NYSE:MMM). Hancock holds 3,287 shares. Meeder Asset Mngmt has 0% invested in Avon Products, Inc. Geode Limited holds 0.31% or 5.20 million shares in its portfolio. Ngam LP has invested 0.57% of its portfolio in Johnson & Johnson (NYSE:JNJ). Gradient Investments Lc reported 636 shares or 0% of all its holdings. Fifth Third Bancorp invested in 5,000 shares. (NASDAQ:AMZN). Pineno Levin & Ford Asset Management owns 652 shares. The firm markets its products through network marketing channel in the Americas, Europe/the Middle East/Africa, and the Asia/Pacific.

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