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Adobe Systems Incorporated (ADBE) Director Acquires 1125 Shares of Stock

14 January 2018

It has outperformed by 45.78% the S&P500. Cornerstone Capital Management Holding Llc has 0.17% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 141,218 shares. The Company offers products and services used by professionals, marketers, knowledge workers, application developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences.

The stock increased 3.24% or $6.13 during the last trading session, reaching $195.05. The company's stock had a trading volume of 4,245,427 shares, compared to its average volume of 3,000,000. It has outperformed by 25.59% the S&P500.

Ao Asset Management Llc, which manages about $35.00 million and $473.77M US Long portfolio, upped its stake in Logmein Inc (NASDAQ:LOGM) by 23,000 shares to 317,800 shares, valued at $34.97M in 2017Q3, according to the filing. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 14, 2017 and is uptrending.

Investors sentiment increased to 1.11 in 2017 Q3. The software company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.10. Appleton Partners Inc. MA boosted its position in shares of Adobe Systems by 9.6% during the 4th quarter. 25 funds opened positions while 67 raised stakes. 414.95 million shares or 0.84% less from 418.45 million shares in 2017Q2 were reported. Folger Nolan Fleming Douglas Cap Management has 0.3% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 14,022 shares. Meiji Yasuda Life Insurance Com holds 0.23% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 10,520 shares. Sei Communication has invested 0.46% in Adobe Systems Incorporated (NASDAQ:ADBE). 25,286 are owned by Boston Private Wealth Ltd Llc. 7,500 were accumulated by Birinyi Associate. (NYSE:WCC). Oppenheimer Asset reported 7,660 shares.

Adobe Systems Incorporated is a software company. Lansdowne (Uk) Limited Liability Partnership invested in 0.02% or 15,661 shares. The Switzerland-based Gam Holding Ag has invested 0.29% in Apple Inc. Cap Advsrs Ltd Limited Liability invested 0.04% in Adobe Systems Incorporated (NASDAQ:ADBE). Out of 38 Wall Street analysts rating Adobe Systems, 29 give it "Buy", 0 "Sell" rating, while 9 recommend "Hold". Therefore 40% are positive. Apple Inc. had 344 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Friday, October 27 by Robert W. Baird. Citigroup maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, March 18. Eight investment analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the company's stock. The firm has "Buy" rating given on Monday, December 14 by Argus Research. On Friday, December 11 the stock rating was maintained by KeyBanc Capital Markets with "Overweight". Cowen & Co maintained the shares of ADBE in report on Wednesday, September 20 with "Buy" rating. The firm has "Overweight" rating by KeyBanc Capital Markets given on Wednesday, November 22. On Sunday, August 6 the stock rating was maintained by Piper Jaffray with "Buy". The firm has "Strong-Buy" rating given on Wednesday, September 2 by Vetr. Wolverine Asset Mgmt Ltd Liability Com owns 1,450 shares for 0% of their portfolio. WARNOCK JOHN E also sold $1.18 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares.

COPYRIGHT VIOLATION NOTICE: "Insider Buying: Adobe Systems Incorporated (ADBE) Director Acquires 1,125 Shares of Stock" was originally reported by The Lincolnian Online and is owned by of The Lincolnian Online.

Since August 9, 2017, it had 1 insider buy, and 7 sales for $6.56 million activity.

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In other news, Director Amy Banse purchased 1,125 shares of the company's stock in a transaction that occurred on Monday, December 18th. Junto Mngmt Ltd Partnership reported 2.04% in Adobe Systems Incorporated (NASDAQ:ADBE). THOMPSON MATTHEW had sold 2,190 shares worth $379,784 on Monday, October 23. The Capital Investment Services Of America Inc holds 125,141 shares with $18.67M value, down from 137,085 last quarter.

Among 20 analysts covering Wesco International Inc. On Friday, June 16 the stock rating was maintained by Morgan Stanley with "Hold". The company was maintained on Thursday, June 8 by BMO Capital Markets. (NYSE:WCC) earned "Outperform" rating by Credit Suisse on Tuesday, October 31. The company was maintained on Thursday, October 19 by Stifel Nicolaus. The firm has "Neutral" rating by UBS given on Thursday, September 17. 4,829 are held by M&T Bank.

Analysts await Time Warner Inc. (NYSE:WCC) on Tuesday, March 22 with "Outperform" rating. The shares were sold at an average price of $174.20, for a total transaction of $1,184,560.00. PF's profit will be $111.88 million for 15.73 P/E if the $0.94 EPS becomes a reality. After $1.82 actual EPS reported by Time Warner Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

Investors sentiment is 1.33 in Q3 2017. Its up 0.01, from 1.1 in 2017Q2. It fall, as 66 investors sold TWX shares while 374 reduced holdings. 116 funds opened positions while 640 raised stakes. (NASDAQ:AAPL). State Of Wisconsin Invest Board accumulated 6.65 million shares.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Boston Prns has 0.64% invested in Time Warner Inc. Qcm Cayman Limited reported 0.55% stake. Parkside Financial Bank & Trust grew its holdings in shares of Adobe Systems by 170.3% during the third quarter. Js Cap Lc owns 1.62% invested in Apple Inc. The Delaware-based Reliance Trust Co Of Delaware has invested 0.03% in Dollar Tree, Inc. Connors Investor stated it has 57,520 shares or 1.29% of all its holdings. Jennison Assocs Llc owns 10.88M shares. Eqis Mgmt holds 2,642 shares. (NYSE:WCC) for 275,912 shares. California Public Employees Retirement invested 0.03% of its portfolio in Pinnacle Foods Inc. (NYSE:TWX). Kbc Grp Nv invested in 0.31% or 334,574 shares.

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