Published: Sat, January 13, 2018
Industry | By Terrell Bush

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


The stock increased 0.53% or $0.99 during the last trading session, reaching $188.1. The stock was bought at an average price of $177.35 per share, with a total value of $199,518.75. Danaher Corporation (NYSE:DHR) has risen 10.62% since January 12, 2017 and is uptrending. It has underperformed by 6.87% the S&P500. Blb&B Advisors Limited Liability Company holds 0.09% in Adobe Systems Incorporated (NASDAQ:ADBE) or 4,130 shares. The software company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.10. The stock increased 1.66% or $3.13 during the last trading session, reaching $192.05. Of Toledo Na Oh reported 1,800 shares. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since January 11, 2017 and is uptrending. It has outperformed by 25.59% the S&P500. Eight research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has assigned a strong buy rating to the stock. Therefore 83% are positive. Adobe Systems had 134 analyst reports since August 11, 2015 according to SRatingsIntel. They issued a market perform rating for the company. The rating was maintained by SunTrust with "Buy" on Wednesday, December 20. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Buy" rating given on Thursday, October 19 by Bank of America. The rating was maintained by Barclays Capital with "Overweight" on Wednesday, February 1. Canaccord Genuity restated a buy rating and issued a $170.00 price target (up from $165.00) on shares of Adobe Systems in a report on Wednesday, September 20th. The rating was maintained by Jefferies on Wednesday, September 20 with "Buy". The firm has "Equal-Weight" rating by Morgan Stanley given on Friday, October 21. The stock has "Hold" rating by Deutsche Bank on Tuesday, September 26.

Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on March, 15. They expect $1.06 earnings per share, up 35.90% or $0.28 from last year's $0.78 per share. ADBE's profit will be $522.52 million for 44.36 P/E if the $1.06 EPS becomes a reality.

Since August 14, 2017, it had 0 buys, and 5 selling transactions for $8.22 million activity. 6,800 shares were sold by WARNOCK JOHN E, worth $1.18M. $379,784 worth of stock was sold by THOMPSON MATTHEW on Monday, October 23.

Bienville Capital Management LLC increased its stake in Adobe Systems by 1.6% in the 2nd quarter. Its down 0.40, from 1.41 in 2017Q2. It increased, as 42 investors sold ADBE shares while 327 reduced holdings.

Several hedge funds have recently made changes to their positions in ADBE. Moreover, Palladium Prtn Lc has 0.61% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 53,445 shares. Adobe Systems now has $92.24 billion valuation. Fdx Advsrs reported 40,571 shares stake. Sei Invs reported 0.02% stake. Cetera Advisors Limited Liability Corp owns 23,526 shares or 0.21% of their USA portfolio. Ameritas Inv Inc holds 9,283 shares or 0.01% of its portfolio. Mitchell Mcleod Pugh Williams holds 1.38% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 12,554 shares. 3,316 are held by Natl Planning Corp. Investec Asset Mgmt Limited owns 1,764 shares. Dana Investment Advisors stated it has 0.31% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Shamrock Asset Mgmt Limited Liability has 0.28% invested in The PNC Financial Services Group, Inc. Eulav Asset Management holds 0.39% or 56,000 shares.

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Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on March, 15. About 3.73M shares traded or 30.10% up from the average. Clean Yield Group raised its stake in shares of Adobe Systems by 32.9% in the third quarter.

Investors sentiment decreased to 1.17 in 2017 Q3. Its the same as in 2017Q2. It dropped, as 67 investors sold EOG shares while 337 reduced holdings. Employees Retirement Systems Of Texas owns 208,400 shares. Destination Wealth accumulated 112,567 shares. Gabelli Funds Limited Com holds 0.04% or 200,000 shares in its portfolio. 290,881 shares of the company's stock were exchanged. Smithfield Tru Co stated it has 1,962 shares. Cleararc Capital Inc accumulated 17,732 shares or 0.39% of the stock. First Heartland Consultants has 7,814 shares. Gateway Invest Advisers Ltd Liability Corporation owns 396,745 shares. Aqr Cap Ltd holds 0.08% of its portfolio in Invesco Ltd. (NYSE:IVZ) for 1.80M shares. Boys Arnold & reported 0.53% stake. Schaper Benz & Wise Invest Counsel Wi reported 109,682 shares.

Since August 31, 2017, it had 0 buys, and 4 sales for $13.63 million activity. EOG's profit will be $248.63 million for 67.24 P/E if the $0.43 EPS becomes a reality. After $0.17 actual EPS reported by American River Bankshares for the previous quarter, Wall Street now forecasts 17.65% EPS growth. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Investorplace.com and their article: "Technicals Tell: Not the Time to Buy Adobe Systems Incorporated Stock" published on December 21, 2017 as well as Fool.com's news article titled: "Why Adobe Systems Incorporated Stock Jumped 70.2% in 2017" with publication date: January 06, 2018. Therefore 77% are positive. Celgene Corporation had 124 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Mkt Perform" rating given on Friday, December 2 by Bernstein. Cowen & Co maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Thursday, October 19 with "Buy" rating. The firm has "Hold" rating by Bernstein given on Friday, May 5. The firm has "Hold" rating by Pivotal Research given on Thursday, January 12. The company was upgraded on Monday, May 23 by Goldman Sachs. On Monday, September 4 the stock rating was maintained by Peel Hunt with "Add". The rating was maintained by Cowen & Co with "Buy" on Friday, October 6. The stock of Danaher Corporation (NYSE:DHR) earned "Buy" rating by Evercore on Wednesday, January 3. The company was maintained on Thursday, November 3 by Wunderlich. The firm has "Hold" rating given on Wednesday, January 18 by SunTrust.

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