Stock Performance Activity to Track: Adobe Systems Incorporated (ADBE)

The stock decreased 0.56% or $1.24 during the last trading session, reaching $220.67. About 2.95 million shares traded.

Adobe Systems (NASDAQ:ADBE) was upgraded by stock analysts at ValuEngine from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Monday, April 2nd. It has outperformed by 55.16% the S&P500.

Natixis decreased its stake in Amazon Com Inc (AMZN) by 45.5% based on its latest 2017Q4 regulatory filing with the SEC. The shares were sold at an average price of $125.00, for a total value of $279,125.00. University Of Texas Invest Managment Company owns 254 shares.

Technical Analysis: The Company has the market capitalization of $10.20B.

Shares of NASDAQ:ADBE traded down $0.01 during midday trading on Monday, hitting $221.90. About 402,851 shares traded. Baidu, Inc. (NASDAQ:BIDU) has risen 36.72% since April 27, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

Northeast Investment Management, which manages about $1.26B and $1.19B US Long portfolio, decreased its stake in Procter & Gamble Co (NYSE:PG) by 9,661 shares to 177,996 shares, valued at $16.35 million in 2017Q4, according to the filing. It also reduced its holding in Curencyshares Euro Tr Euro Shs (Prn) (FXE) by 3,150 shares in the quarter, leaving it with 32,875 shares, and cut its stake in Apple Inc.

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U.S. says Chinese lasers injure military pilots in Djibouti
The US and China both have bases in Djibouti, an East African nation on the Gulf of Aden with fewer than one million people. Pentagon spokeswoman Dana White says the U.S.is confident that Chinese nationals are responsible for the use of the lasers.

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Mannatech Inc (MTEX) investors sentiment increased to 1.57 in Q4 2017. Its down 0.22, from 1.11 in 2017Q3. EBITDA margin of 36.08% for Adobe Systems Incorporated (ADBE). 280 grew holdings while 107 funds acquired holdings. Ontario Teachers Pension Plan Board accumulated 1.47M shares or 0.04% of the stock. The Massachusetts-based Panagora Asset Mngmt has invested 0.74% in Johnson & Johnson (NYSE:JNJ). Over the past week, shares are -2.09%. Hikari Limited has 3.18% invested in 3M Company (NYSE:MMM) for 114,580 shares. Prescott Capital Management Ltd Llc has invested 0.4% of its portfolio in Avon Products, Inc. Old Mutual Customised Solutions (Proprietary) reported 4,705 shares stake. Perhaps, that suggests something about why 0.35% of the outstanding share supply is held by institutional investors. Rosenblum Silverman Sutton S F Ca holds 1,415 shares.

The SMA20 for the stock is at -0.38 percent, SMA50 stands at -4.6 percent, while SMA200 is 10.76 Percent, according to Finviz reported data. Pacific Investment Mngmt holds 1.24% or 24,345 shares. The stock had a trading volume of 2,235,724 shares, compared to its average volume of 3,004,511. The insider Shin Hak Cheol sold 7,473 shares worth $1.86M. 2,000 shares valued at $2.99M were sold by WILKE JEFFREY A on Friday, February 23.

Several hedge funds have recently bought and sold shares of the stock. It is negative, as 30 investors sold Avon Products, Inc. shares while 64 reduced holdings. Bauman James L had sold 2,826 shares worth $700,790. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-six have issued a buy rating to the company's stock. Therefore 47% are positive. Its quick ratio for most recent quarter is 2.10 along with current ratio for most recent quarter of 2.10. On Friday, March 16 the company was maintained by BMO Capital Markets. Canaccord Genuity maintained it with "Buy" rating and $245 target in Friday, March 16 report. Finally, Pivotal Research boosted their target price on Adobe Systems from $193.00 to $195.00 and gave the company a "hold" rating in a research note on Tuesday, January 23rd. The firm earned "Buy" rating on Friday, December 15 by RBC Capital Markets. The stock has "Hold" rating by JMP Securities on Monday, March 26. The company was maintained on Monday, October 2 by Morgan Stanley.

Since December 13, 2017, it had 1 insider purchase, and 16 sales for $87.08 million activity. 21,276 shares were sold by GESCHKE CHARLES M, worth $3.97 million. Now it has a market worth of $112126.69M. The stock "ADBE" was trading at a distance of -0.14% from 20 days simple moving average, and its distance from 50 days simple moving average is 2.35% while it has a distance of 23.44% from the 200 days simple moving average. They expect $1.25 EPS, up 54.32 % or $0.44 from last year's $0.81 per share. The company had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.73 billion.

Institutional Ownership/ Insider Ownership: Adobe Systems Incorporated institutional ownership is held at 88.9% while insider ownership was 0.1%. Therefore 72% are positive. Baidu had 66 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has "Buy" rating by RBC Capital Markets given on Sunday, September 3. Barclays Capital maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Thursday, October 19. Credit Suisse has "Neutral" rating and $70 target. 35 are the (NASDAQ:ADBE)'s ratings reports on April 26, 2018 according to StockzIntelligence Inc. Btim Corp has invested 0.02% in Adobe Systems Incorporated (NASDAQ:ADBE). Guggenheim has "Buy" rating and $230.0 target. BB&T Securities LLC now owns 18,252 shares of the software company's stock worth $2,722,000 after purchasing an additional 1,427 shares in the last quarter. $5.97M worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by LAMKIN BRYAN on Wednesday, January 31. Central Fincl Bank Trust Com holds 13,597 shares.

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