Adobe Systems Inc (NASDAQ:ADBE) Sentiment Falls in 2017 Q4 to 0.89

Doris Richards
April 26, 2018

The institutional investor held 4,483 shares of the prepackaged software company at the end of 2017Q4, valued at $786,000, down from 9,237 at the end of the previous reported quarter. Referred to as "market cap", it is determined by doubling a company's shares outstanding by the current market price of one share. The stock increased 0.01% or $0.08 during the last trading session, reaching $1460.17. About 995,269 shares traded. It is down 0.00% since April 26, 2017 and is. It has outperformed by 65.23% the S&P500.

"Big money sentiment for Adobe Systems Inc (NASDAQ:ADBE) in 2017 Q4 decreased to 0.89, according to SEC filings". The fund Polen Capital Management Llc has 8.29% invested. Moreover, Polen Capital Management Llc reported 6.36 million shares in Adobe Systems Inc equivalent to 8.29% of its stocks portfolio. Dodge & Cox who had been investing in Adobe Systems Inc for a number of months, seems to be less bullish one the $107.02 billion market cap company. About 2.95 million shares traded. 6,376 Adobe Systems Incorporated (NASDAQ:ADBE) shares with value of $1.26M were sold by DILLON MICHAEL A. Another trade for 2,940 shares valued at $658,148 was made by Lewnes Ann on Thursday, March 22. The stock outperformed the S&P 500 by 55.16%. In 2017Q3 1.11, so its down -0.22, from. It is negative, as 20 investors sold FLO shares while 90 reduced holdings. 168 funds opened positions while 667 raised stakes. Bessemer Group Incorporated accumulated 0.01% or 7,765 shares. Also, the number of funds holding Digirad Corp in top ten equity positions was flat from 0 to 0 for the same number. Krensavage Asset Management Llc owns 354,179 shares or 0.28% of their U.S. portfolio. The institutional investor held 11,700 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q4, valued at $992,000, down from 15,700 at the end of the previous reported quarter.

The Dow Jones Industrial Average inched higher Wednesday to end its longest losing streak in more than a year, lifted by a surge in Boeing shares following the aerospace giant's most recent earnings report. C M Bidwell Ltd holds 185 shares. Global X Management Limited Liability holds 0.09% or 3,225 shares in its portfolio. 2,798 are owned by Meeder Asset Mgmt Incorporated. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. (NYSE:FLO). Ww Asset Incorporated owns 11,012 shares. New York State Common Retirement Fund reported 0.31% stake. Deprince Race Zollo Inc reported 0.9% stake.

Investor anxiety stayed elevated after Tuesday when the yield on the 10-year US Treasury hit 3.0 per cent for the first time in more than four years, raising concerns that lending rates will rise faster. Florida-based Edmp Inc has invested 0.18% in Flowers Foods, Inc.

Since January 1, 0001, it had 2 insider purchases, and 0 selling transactions for $227,358 activity. The shares were sold at an average price of $125.00, for a total value of $279,125.00. The insider Morris Donna sold 29,404 shares worth $5.81 million. (NASDAQ:AMZN) on Thursday, February 15. Stifel Nicolaus has "Buy" rating and $230 target. Therefore 93% are positive. Huntington Ingalls Industries had 36 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has "Buy" rating by Citigroup given on Wednesday, September 21. The stock rating was maintained by Robert W. Baird with "Buy" on Friday, December 15. Roth Capital maintained it with "Buy" rating and $10500 target in Wednesday, July 19 report. Credit Suisse has "Buy" rating and $190.0 target. Morgan Stanley restated an "equal weight" rating and issued a $137.00 target price on shares of Adobe Systems in a research note on Friday. The company was maintained on Tuesday, August 25 by Mizuho. The stock of Huntington Ingalls Industries, Inc. The stock has "Buy" rating by RBC Capital Markets on Monday, September 11. The company was maintained on Monday, October 17 by Credit Suisse. It also increased its holding in Priceline Grp Inc (NASDAQ:PCLN) by 393 shares in the quarter, for a total of 4,499 shares, and has risen its stake in Fedex Corp (NYSE:FDX). It also reduced Mastercard Incorporated (NYSE:MA) stake by 1.49M shares and now owns 2.13M shares. Insiders have sold 28,932 shares of company stock valued at $3,789,736 over the last ninety days. NARAYEN SHANTANU had sold 165,023 shares worth $32.66 million. Therefore 72% are positive. (NASDAQ:ADBE) has 35 ratings reports on 25 April 2018 according to StockzIntelligence. Canaccord Genuity maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Tuesday, August 22.


As of now, Adobe Systems Incorporated has a P/S, P/E and P/B values of 14.26, 54.18 and 12.38 respectively. The company was downgraded on Monday, June 12 by Pivotal Research. The firm has "Neutral" rating by PiperJaffray given on Thursday, March 16. The stock has "Buy" rating by DZ Bank on Tuesday, March 20. Barrett Asset Mngmt Limited Liability has invested 0.07% in Adobe Systems Incorporated (NASDAQ:ADBE). On Thursday, March 15 Barclays Capital maintained the shares of ADBE in report with "Overweight" rating. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Hold" rating given on Monday, March 26 by JMP Securities.

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.22, from 1.11 in 2017Q3. 107 funds opened positions while 280 raised stakes. These funds own 410.42 million shares, that's down from 414.95 million shares in 2017Q3. $3.59M worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by GESCHKE CHARLES M. WARNOCK JOHN E sold 3,000 shares worth $671,316. Kemnay Advisory Services holds 52,613 shares. Hancock holds 3,287 shares. Gotham Asset Ltd Liability Com reported 544,437 shares. Foundry Ptnrs Llc invested in 1,574 shares. 121,898 were reported by Piedmont Investment Advsr Limited Liability. Moreover, Victory Capital Management has 0.03% invested in Adobe Systems Incorporated (NASDAQ:ADBE).

On Wednesday, Shares of Adobe Systems Incorporated flaunted -0.26% to reach at $217.32 during previous trading session. The stock of Masimo Corporation (NASDAQ:MASI) earned "Hold" rating by Piper Jaffray on Tuesday, October 31.

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. 10,030 are held by Bancorporation Of Hawaii. Northern Trust owns 6.12M shares or 0.27% of their United States portfolio.

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