Monday, 10 December, 2018

Adobe Systems Incorporated (NASDAQ:ADBE) Shares Sold by Intrust Bank NA

Sherri Watson | 12 March, 2018, 07:17

Outstanding shares refer to a company's stock now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. The institutional investor held 6.29M shares of the prepackaged software company at the end of 2017Q3, valued at $938.17M, up from 6.06 million at the end of the previous reported quarter. The latest exchange of 2.71 Million shares is above its average trading activity of 2.54 Million shares. About 580,538 shares traded.

Adobe Systems (NASDAQ:ADBE) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Tuesday, February 13th. It has outperformed by 25.59% the S&P500.

Quantbot Technologies Lp increased its stake in Ford Motor Co (F) by 64.65% based on its latest 2017Q3 regulatory filing with the SEC. BB&T Investment Services Inc. now owns 923 shares of the software company's stock worth $138,000 after acquiring an additional 275 shares in the last quarter. Berkshire Asset Management Llc who had been investing in Honeywell for a number of months, seems to be less bullish one the $115.81B market cap company. The stock decreased 0.21% or $0.46 during the last trading session, reaching $216.4. About 1.82M shares traded or 4.83% up from the average. (NYSE:AIG) has risen 8.59% since March 10, 2017 and is uptrending. It has underperformed by 33.33% the S&P500. Robert W. Baird restated a "buy" rating and set a $200.00 target price on shares of Adobe Systems in a research report on Friday, December 15th. On Wednesday, January 10 the insider GESCHKE CHARLES M sold $3.97 million. (NASDAQ:CSCO) on Monday, September 11. 50,775 shares valued at $10.16M were sold by THOMPSON MATTHEW on Friday, January 26. $1.96 million worth of Advanced Energy Industries, Inc. (NASDAQ:CSCO) was sold by CHANDLER MARK D on Monday, September 18.

Investors sentiment increased to 0.94 in 2017 Q3. Meanwhile the stock weekly performance was positive at 0.57%, which was down for the month at -1.16%. 65 funds opened positions while 204 raised stakes. BB&T Investment Services Inc. increased its stake in shares of Adobe Systems by 42.4% during the third quarter.

Crestwood Capital Management Lp, which manages about $1.75B and $186.98 million US Long portfolio, decreased its stake in Middleby Corp (NASDAQ:MIDD) by 4,660 shares to 54,210 shares, valued at $6.95M in 2017Q3, according to the filing. Old Second National Bank Of Aurora has invested 0.02% in Honeywell International Inc. EPS is an indicator of company profit because the more earnings a company can generate per share, the more valuable each share is to investors. Com Of Virginia Va reported 177,931 shares. Dana Inv has invested 0.01% in Cisco Systems, Inc. Whalerock Point Prtnrs Limited Liability Company stated it has 0.64% of its portfolio in Union Pacific Corporation (NYSE:UNP). 86,436 were accumulated by Bancorpsouth. Covington Cap Management accumulated 0.09% or 9,474 shares. Schroder Invest Grp reported 108,387 shares stake. First Citizens Bank & has invested 1.22% in Cisco Systems, Inc. Advisory Services Network LLC raised its holdings in shares of Adobe Systems by 12.6% during the 4th quarter.

Among 29 analysts covering Union Pacific Corporation (NYSE:UNP), 13 have Buy rating, 2 Sell and 14 Hold. Therefore 76% are positive. (NYSE:AIG) to report earnings on May, 2. As per Monday, September 25, the company rating was maintained by BMO Capital Markets. The rating was maintained by Credit Suisse on Friday, March 18 with "Neutral". (NYSE:XPO) earned "Buy" rating by Citigroup on Tuesday, December 26. RBC Capital Markets maintained it with "Buy" rating and $193.0 target in Friday, December 15 report. The stock of Advanced Energy Industries, Inc. The company was maintained on Thursday, October 19 by Cowen & Co. Finally, Stephens reissued a buy rating and issued a $215.00 price target on shares of Adobe Systems in a research report on Tuesday, January 23rd. The firm has "Hold" rating by Wunderlich given on Thursday, November 3. Referred to as "market cap", it is determined by doubling a company's shares outstanding by the current market price of one share. It also increased its holding in Eaton Corp Plc (NYSE:ETN) by 37,622 shares in the quarter, for a total of 123,239 shares, and has risen its stake in Silicon Laboratories Inc (NASDAQ:SLAB). It also increased its holding in Hollyfrontier Corp (NYSE:HFC) by 25,700 shares in the quarter, for a total of 100,500 shares, and has risen its stake in Macy S Inc (NYSE:M).

Investors sentiment increased to 1.14 in 2017 Q3. Its down 0.02, from 0.92 in 2017Q2. It improved, as 42 investors sold HON shares while 453 reduced holdings. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. 562.75 million shares or 0.04% less from 562.97 million shares in 2017Q2 were reported. Old Mutual Customised Solutions (Proprietary) owns 0.27% invested in CSX Corporation (NASDAQ:CSX) for 36,427 shares. During the same quarter previous year, the business posted $0.90 EPS. Cowen & Co maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Thursday, July 27.

On The Other side Adobe Systems Incorporated a US based Company, belongs to Technology sector and Application Software industry. Moreover, Colony Group Ltd has 0.02% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Advsr Limited Limited Liability, a Ohio-based fund reported 475 shares. Rencher Bradley sold $3.63 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, January 24. Glenmede Na reported 0.04% in Adobe Systems Incorporated (NASDAQ:ADBE). Parallax Volatility Advisers LP owns 875 shares. After $1.85 actual EPS reported by Honeywell International Inc. for the previous quarter, Wall Street now forecasts 1.62% EPS growth. Decatur Mngmt stated it has 34,398 shares or 0.98% of all its holdings. Rating Scale; where 1.0 rating mean Strong Buy, 2.0 rating signifies Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. Gradient Invs Ltd stated it has 2,532 shares.

Among 31 analysts covering CSX Corporation (NYSE:CSX), 19 have Buy rating, 3 Sell and 9 Hold. Therefore 90% are positive. Adobe Systems had 140 analyst reports since August 11, 2015 according to SRatingsIntel. Piper Jaffray maintained the shares of ADBE in report on Friday, December 15 with "Buy" rating. Deutsche Bank maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Wednesday, March 23. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Buy" rating given on Wednesday, October 18 by KeyBanc Capital Markets.