Adobe Systems (ADBE) Rating Reiterated by Pivotal Research

Insider News of Adobe Systems Incorporated (ADBE)

Adobe Systems (ADBE) Price Target Increased to $210.00 by Analysts at JMP Securities

Following the sale, the director now directly owns 16,088 shares of the company's stock, valued at $2,802,529.60. Meag Munich Ergo Kapitalanlagegesellschaft Mbh who had been investing in Adobe Sys Inc for a number of months, seems to be less bullish one the $86.44B market cap company. The stock decreased 0.14% or $0.2438 during the last trading session, reaching $176.5862. About 3.44 million shares traded or 7.59% up from the average.

The sell-side on Wall Steet is predicting Adobe Systems Incorporated (NASDAQ:ADBE) to grow at an accelerated rate over the next five years. It has outperformed by 25.59% the S&P500.

Ameritas Investment Partners Inc increased its stake in Whirlpool Corp (WHR) by 19.49% based on its latest 2017Q2 regulatory filing with the SEC. Gabelli Funds Llc sold 49,000 shares as Adobe Systems Inc Com (ADBE)'s stock rose 14.01%. The hedge fund run by Robert Boucai held 268,935 shares of the prepackaged software company at the end of 2017Q2, valued at $38.04M, up from 252,934 at the end of the previous reported quarter. Ameritas Investment Partners Inc who had been investing in Whirlpool Corp for a number of months, seems to be bullish on the $11.88B market cap company.

The stock increased 1.23% or $0.64 during the last trading session, reaching $53.15. About 469,632 shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since December 18, 2016 and is downtrending. It has underperformed by 9.89% the S&P500. Aspen Investment Mgmt Inc accumulated 3,221 shares. Global Eagle Entertainment had 12 analyst reports since October 8, 2015 according to SRatingsIntel. The rating was maintained by Wunderlich with "Buy" on Wednesday, June 21. The rating was upgraded by JP Morgan on Tuesday, March 15 to "Overweight". BMO Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Tuesday, August 22. The rating was initiated by Goldman Sachs on Monday, September 26 with "Neutral". The company was upgraded on Wednesday, December 6 by Bank of America.

Investors sentiment decreased to 1.4 in 2017 Q2. Now we look at the Moving Averages, the 200-day is 18.68%, the 50-day is 1.95% and the 20-day is -0.66%. 54 funds opened positions while 95 raised stakes. Polar Capital Llp reported 299,723 shares stake. Mark Sheptoff Fin Planning invested in 1,037 shares or 0.05% of the stock. (NYSE:LOW). Davis R M accumulated 0.06% or 17,916 shares. In this case, shares are down -6.26%, the 52-week high touched on Jun. 05, 2017, and are keeping their losses at 13.2% for the past 12 months. Lau Ltd invested 0.82% in Lowe's Companies, Inc. Ipswich Investment Co Inc, Massachusetts-based fund reported 1,650 shares. Columbia Prns L L C Management holds 0.75% or 41,338 shares. Washington Financial Bank invested in 3,045 shares or 0.03% of the stock. Strs Ohio has 992,784 shares for 0.63% of their portfolio. 4,252 were reported by Zevin Asset Mgmt Ltd Liability Com. Pittenger & Anderson has 0.39% invested in Lowe's Companies, Inc. Given that its average daily volume over the 30 days has been 3.19M shares a day, this signifies a pretty significant change over the norm. It also increased its holding in Check Point Software Tech by 416,250 shares in the quarter, for a total of 4.42 million shares, and has risen its stake in Baxter International Inc (NYSE:BAX). Therefore 46% are positive. Adobe Systems Incorporated has been given an analysts' mean target of 186.53. Pivotal Research has "Buy" rating and $125 target. The company was maintained on Friday, October 2 by RBC Capital Markets. The stock has "Buy" rating by DA Davidson on Wednesday, September 28. Robert W. Baird reiterated a buy rating and issued a $160.00 price objective on shares of Adobe Systems in a research note on Friday, September 1st.

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Since August 9, 2017, it had 0 insider buys, and 6 selling transactions for $2.79 million activity. Lewnes Ann also sold $286,466 worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares. THOMPSON MATTHEW sold $379,784 worth of stock.

Investors sentiment increased to 1.11 in 2017 Q2. Its up 0.03, from 1 in 2017Q1. The investor is now holding $37.87 million shares due in part to a decrease of 1.39 million new shares in their portfolio. Zacks Investment Research downgraded shares of Adobe Systems from a hold rating to a sell rating in a report on Thursday, September 14th. Finally, Bienville Capital Management LLC lifted its holdings in Adobe Systems by 1.6% in the 2nd quarter. Old Mutual Customised Solutions (Proprietary) Ltd holds 0.13% or 6,133 shares in its portfolio.

Adobe Systems Incorporated on 11/29/2017 reported its EPS as $0.94 with the analysts projecting the EPS of the stock as $0.87. A higher P/E allows an investor to expect higher earnings growth compared to the companies with a lower P/E. Adobe Systems Incorporated, (reader can compare this with other companies that he is interested in). More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Investorplace.com and their article: "Adobe Systems Incorporated (ADBE) Shares Rise on Earnings Beat" published on December 14, 2017 as well as Investorplace.com's news article titled: "You'll Have to Pay Up for Adobe Systems Incorporated" with publication date: November 29, 2017.

BLACKROCK INC. lowered its stake in Marathon Petroleum Corporation (NYSE:MPC) by 2.44% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. United Kingdom-based Aviva Public Ltd Liability Company has invested 0.25% in Adobe Systems Incorporated (NASDAQ:ADBE). (NYSE:LOW). Tompkins Fincl holds 11,901 shares. Advisory Serv Ltd has invested 0.23% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). The firm earned "Hold" rating on Thursday, October 19 by Pivotal Research.

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