Published: Mon, April 23, 2018
Industry | By Terrell Bush

Geschke Sells 16000 Shares of Adobe Systems (ADBE) Stock


About 10.40 million shares traded or 28.33% up from the average. With 5,600 avg volume, 375 days are for SUNTEC REAL ESTATE INVESTMENT TRUST UNIT (OTCMKTS:SURVF)'s short sellers to cover SURVF's short positions. The SI to Redwood Trust Inc's float is 4.38%. The stock increased 0.86% or $0.5 during the last trading session, reaching $58.97. About 324,266 shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since April 22, 2017 and is uptrending. It has underperformed by 11.55% the S&P500.

Sun Life Financial Inc decreased Adobe Systems Inc (ADBE) stake by 70.25% reported in 2017Q4 SEC filing. THOMPSON MATTHEW sold 2,190 shares worth $379,784. The Maverick Capital Ltd holds 2.19M shares with $384.29 million value, up from 1.47 million last quarter. Adobe Systems Inc now has $110.92B valuation. After $1.28 EPS report last quarter, Wall Street now sees -2.34 % negative EPS growth of Adobe Systems Incorporated. American Century Companies has 2.61 million shs for 0.46% of their capital. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Outperform" rating by Credit Suisse on Friday, March 16. It has outperformed by 55.16% the S&P500.

Dynegy Inc (DYN) investors sentiment decreased to 1.13 in Q4 2017. Its down 0.22, from 1.11 in 2017Q3. Tower Bridge Advsr reported 4,000 shares. 118 funds opened positions while 594 raised stakes. Following the completion of the transaction, the executive vice president now directly owns 68,643 shares of the company's stock, valued at approximately $8,580,375. (NASDAQ:SFLY). Moreover, Kbc Group Nv has 0.05% invested in Shutterfly, Inc.

A number of institutional investors have recently bought and sold shares of the business. Old Natl Bank In holds 0.44% or 49,155 shares. (NYSE:NKE) for 6,462 shares. Citigroup reported 663,818 shares stake. The California-based World Investors has invested 0.7% in The Procter & Gamble Company (NYSE:PG). Torray Limited holds 1.74% or 100,377 shares in its portfolio. It also increased its holding in Illumina Inc (NASDAQ:ILMN) by 2,189 shares in the quarter, for a total of 17,585 shares, and has risen its stake in Blackrock Inc (NYSE:BLK). Hightower Advsrs Ltd Liability Company holds 0.55% or 1.85M shares. Millennium Management Limited Liability Co accumulated 857,374 shares. Aristotle Capital Management LLC now owns 3,292,393 shares of the software company's stock valued at $576,959,000 after purchasing an additional 112,628 shares in the last quarter. Great West Life Assurance Comm Can, Manitoba - Canada-based fund reported 8,932 shares. Hbk Lp invested in 27,567 shares. Therefore 67% are positive. Since October 25, 2017 according to StockzIntelligence Inc Adobe Systems has 36 analyst reports. The stock of Redwood Trust, Inc. The stock has "Buy" rating by Bank of America on Thursday, October 19. The firm has "Buy" rating given on Friday, December 11 by Pivotal Research. Jefferies has "Hold" rating and $39.0 target. Goldman Sachs maintained it with "Neutral" rating and $45 target in Thursday, April 28 report. The rating was maintained by Deutsche Bank with "Buy" on Monday, March 14. (NYSE:PFE) earned "Overweight" rating by Barclays Capital on Tuesday, November 29. Iguana Ltd Liability stated it has 1.18% in Pfizer Inc. 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 firm operates through three divisions: Residential Investments, Residential Mortgage Banking, and Commercial. It has a 60.08 P/E ratio. The Residential Investments segment offers a portfolio of investments in residential mortgage-backed securities retained from Sequoia securitizations and issued by third parties and other credit risk-related investments; residential loans held for investment; mortgage servicing rights associated with residential loans; and derivative financial instruments to manage risks associated with residential loans.

Scientific Games (SGMS) Receives Media Impact Rating of 0.27
Moreover, Eulav Asset Mgmt has 0.02% invested in Scientific Games Corporation (NASDAQ:SGMS) for 10,000 shares. (NASDAQ:XLNX). Following the completion of the sale, the director now owns 42,779 shares of the company's stock, valued at $1,975,106.43.

Axa holds 0.35% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 510,969 shares. Therefore 57% are positive. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Outperform" rating by Cowen & Co on Friday, June 24. The company was maintained on Thursday, March 15 by RBC Capital Markets. Finally, BidaskClub upgraded shares of Adobe Systems from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, January 9th. The firm has "Buy" rating by Citigroup given on Wednesday, September 21. The stock has "Buy" rating by Argus Research on Friday, September 23. The firm has "Buy" rating by Canaccord Genuity given on Tuesday, August 22. Robert W. Baird maintained the shares of NKE in report on Friday, September 8 with "Buy" rating. Cohen Klingenstein Llc stated it has 1% in Adobe Systems Incorporated (NASDAQ:ADBE). Vetr upgraded the stock to "Strong-Buy" rating in Tuesday, September 8 report.

Investors sentiment decreased to 0.89 in Q4 2017.

Adobe Systems (NASDAQ:ADBE) Director John E. Warnock sold 3,000 shares of the stock in a transaction dated Wednesday, April 11th. 280 rose stakes while 107 funds took stakes. The software company reported $0.94 earnings per share for the quarter, topping analysts' consensus estimates of $0.87 by $0.07. Citadel Ltd reported 0% of its portfolio in Shutterfly, Inc. Ally Fincl has invested 0.1% in Adobe Systems Incorporated (NASDAQ:ADBE). The South Carolina-based South State has invested 0.57% in Adobe Systems Incorporated (NASDAQ:ADBE). Highland Capital Limited Liability Corp invested in 6,768 shares or 0.09% of the stock. Papp L Roy And has 14,300 shares for 0.5% of their portfolio. Institute For Wealth Mngmt Limited owns 24,343 shares. Kelly Lawrence W Assoc Ca holds 0.01% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 424 shares. Macguire Cheswick & Tuttle Inv Counsel Lc has 0.26% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Jaffetilchin Invest Ptnrs Ltd Llc invested in 0.15% or 2,542 shares. Whittier Trust owns 3,194 shares.

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