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Adobe Systems (ADBE) Getting Somewhat Positive Press Coverage, Accern Reports

Adobe Systems (ADBE) Getting Somewhat Positive Press Coverage, Accern Reports

The stock decreased 4.83% or $0.128 during the last trading session, reaching $2.522. Banc Funds Com Limited Liability Com holds 1.41M shares.

Adobe Systems (NASDAQ:ADBE) last posted its earnings results on Thursday, December 14th. It has outperformed by 17.40% the S&P500. Nelson Van Denburg & Campbell Wealth Management Grp Ltd Liability Com reported 125 shares stake. Grove Bank & Trust grew its stake in shares of Adobe Systems by 14.9% during the third quarter. The company has market cap of $13.79 billion.

Whereas its latest closing price kept its distance from the SMA20 at -0.36% and 2.72% from SMA 50 while it was knocked up 19.43% from the simple moving average price of 200 days.

Technical traders may be staring at recent indicator levels on shares of Adobe Systems Incorporated (ADBE). BNPP E NMX 30 Infrastructure Glbl ETF (NASDAQ:ENG) has risen 21.21% since December 18, 2016 and is uptrending. It has outperformed by 74.38% the S&P500.

Since August 28, 2017, it had 0 insider purchases, and 5 insider sales for $6.74 million activity. $499,073 worth of The Williams Companies, Inc.

Eagle Asset Management Inc decreased Sabre Corp (NASDAQ:SABR) stake by 107,138 shares to 831,479 valued at $18.10 million in 2017Q2. The Egerton Capital Uk Llp holds 997,743 shares with $141.12 million value, down from 1.61 million last quarter. The average analysts gave this company a mean recommendation of 3.20. Robert W. Baird has "Neutral" rating and $85.0 target. Therefore 72% are positive. KEYW Holding had 25 analyst reports since August 11, 2015 according to SRatingsIntel. (NASDAQ:CALD) rating on Friday, August 4. The firm has "Overweight" rating given on Monday, December 5 by Barclays Capital. The rating was downgraded by Goldman Sachs on Wednesday, August 5 to "Buy". On Thursday, June 1 the stock rating was maintained by Keefe Bruyette & Woods with "Buy". Hedge funds and other institutional investors own 87.45% of the company's stock. Suvretta Capital Management Llc sold 167,549 shares as the company's stock rose 14.01% with the market. The firm has "Buy" rating given on Friday, November 3 by Maxim Group. As per Friday, September 9, the company rating was initiated by Wedbush. (NYSE:WMB) rating on Monday, August 22. The company presently has an average rating of "Buy" and an average price target of $186.27. RBC Capital Markets maintained it with "Buy" rating and $11.0 target in Friday, October 20 report.

Analysts await Callidus Software Inc. They expect $0.96 earnings per share, up 15.66% or $0.13 from last year's $0.83 per share. Schwab Charles Mgmt Inc invested in 0.03% or 248,460 shares.

Investors sentiment increased to 1.11 in 2017 Q2. Its up 0.01, from 1.1 in 2017Q1. It is negative, as 23 investors sold Fair Isaac Corporation shares while 67 reduced holdings. 13 funds opened positions while 38 raised stakes. 695.32 million shares or 1.45% more from 685.37 million shares in 2017Q1 were reported. 63,655 were reported by Glg Partners Lp. Tortoise Investment Ltd Llc holds 0.01% or 150 shares in its portfolio. Arrow Financial holds 0.07% or 1,974 shares in its portfolio. (NYSE:WMB) for 18,276 shares. 4,355 were reported by Blb&B Advisors Ltd Co. Moreover, Grt Partners Ltd has 0.02% invested in BNPP E NMX 30 Infrastructure Glbl ETF (NASDAQ:ENG) for 23,088 shares. (NYSE:WMB). Eaton Vance Management accumulated 111,496 shares. Eqis Mngmt accumulated 9,887 shares. First Tru Limited Partnership stated it has 7,809 shares. Laurion Mngmt Lp holds 23,808 shares. TRIAN FUND MANAGEMENT, L.P. owned 0.00% of Mondelez International, Inc. Atria Investments Ltd Liability Company holds 6,126 shares. (NYSE:WMB). Americafirst Capital Mngmt Lc has 47,046 shares. It also increased its holding in Hi (NYSE:HCLP) by 460,000 shares in the quarter, for a total of 560,000 shares, and has risen its stake in Silver Spring Networks Inc (NYSE:SSNI). Bank of America reiterated a buy rating and issued a $220.00 target price (up previously from $213.00) on shares of Adobe Systems in a report on Wednesday, December 13th. They expect $0.96 earnings per share, up 15.66% or $0.13 from last year's $0.83 per share. MBWM's profit will be $8.25 million for 18.31 P/E if the $0.50 EPS becomes a reality. After $0.90 actual EPS reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts 6.67% EPS growth.

Investors sentiment increased to 1.11 in Q2 2017. It is positive, as 49 investors sold ADBE shares while 326 reduced holdings. 8 funds opened positions while 32 raised stakes. 418.45 million shares or 0.88% less from 422.18 million shares in 2017Q1 were reported. 261,519 are owned by Pictet Asset Limited.

Shares of Adobe Systems (NASDAQ:ADBE) traded down $0.76 during trading hours on Wednesday, reaching $176.75. Credit Suisse Ag owns 969,083 shares. BANK OF NEW YORK MELLON CORP also announced decreased position in Adobe Systems Incorporated (ADBE) during the quarter. Cwh Management holds 0.07% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 1,000 shares. Sit Inv holds 82,850 shares. Ithaka Gp Ltd Liability Co reported 174,323 shares. Dupont Capital stated it has 12,348 shares or 0.04% of all its holdings. Following the completion of the sale, the director now owns 16,088 shares in the company, valued at $2,802,529.60. $379,784 worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by THOMPSON MATTHEW on Monday, October 23. Westfield Mgmt LP has 0.82% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Main Street Rech Limited holds 3,385 shares or 0.08% of its portfolio. Therefore 0 are positive. Vetr raised Adobe Systems from a buy rating to a strong-buy rating and set a $198.52 price objective for the company in a research report on Wednesday, November 29th. RBC Capital Markets maintained the stock with "Outperform" rating in Wednesday, February 8 report. Ledyard Comml Bank holds 0.82% in Adobe Systems Incorporated (NASDAQ:ADBE) or 40,564 shares. The company was maintained on Monday, September 21 by S&P Research. As per Thursday, February 25, the company rating was maintained by Maxim Group. RBC Capital Markets maintained it with "Buy" rating and $193.0 target in Friday, December 15 report. On Wednesday, September 21 the stock rating was maintained by Cowen & Co with "Outperform".

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