Adobe Systems Incorporated (ADBE) CMO Sells $286466.04 in Stock

Inc. acquired a new stake in Adobe Systems during the first quarter valued at $241,000. The Lone Pine Capital Llc holds 5.03 million shares with $517.59M value, up from 4.62 million last quarter. Adobe Sys Inc now has $71.32 billion valuation. The company had a trading volume of 423,206 shares. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since August 10, 2016 and is uptrending. It has outperformed by 25.59% the S&P500. The stock was sold at an average price of $144.07, for a total value of $4,696,682.00. Signature Estate & Investment Advisors LLC acquired a new position in Adobe Systems during the first quarter worth $113,000. Intel Corp now has $169.73 billion valuation. The stock has "Buy" rating by Piper Jaffray on Sunday, August 6. About 220,956 shares traded. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since August 11, 2016 and is uptrending. It has outperformed by 1.65% the S&P500. Inc.'s portfolio, making the stock its 6th largest position. It also upped Akamai Technologies I (NASDAQ:AKAM) stake by 12,719 shares and now owns 115,144 shares. Skf Ab Sponsored Adr (SKFRY) was raised too. Highwoods Properties had 15 analyst reports since August 6, 2015 according to SRatingsIntel. On average, analysts anticipate that Adobe Systems Incorporated will post $4.06 EPS for the current year. This translates into $404.61 million profit for ADBE giving the stock a 45.23 P/E. During the same period a year ago, the firm posted $0.71 EPS.

Investors sentiment decreased to 1.02 in 2016 Q4. The stock rose 0.98% or $1.42 reaching $146.34. It is negative, as 79 investors sold INTC shares while 690 reduced holdings. 28 funds opened positions while 56 raised stakes. Ipswich Investment Management Co. Rhumbline Advisers reported 202,697 shares. Jacobs Levy Equity has 3,190 shares. The Texas-based Bridgeway Capital Management Inc has invested 0% in the stock. Hutchin Hill LP holds 13,300 shares or 0.05% of its portfolio. Atria Invs Limited Liability reported 2,054 shares. Norges Bank now owns 3,748,100 shares with a value of $359,031,000.

TRADEMARK VIOLATION NOTICE: "Central Bank & Trust Co". Dynamic Advsrs Solutions Limited Liability Corporation has 19,431 shares. Metropolitan Life Ins reported 25,885 shares or 0.03% of all its holdings. 492,105 are owned by Champlain Inv Partners Limited Liability. Laurion Ltd Partnership holds 0.06% or 63,483 shares in its portfolio. Shares for $400,000 were sold by RUBENSTEIN ALLAN E. Also, EVP Abhay Parasnis sold 12,500 shares of the firm's stock in a transaction that occurred on Friday, July 21st. 59,550 shares were sold by GESCHKE CHARLES M, worth $7.50M. Therefore 33% are positive. Intel Corporation had 169 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Numis Securities with "Add" on Tuesday, November 22. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and twenty-seven have given a buy rating to the company. Guggenheim reiterated a "buy" recommendation and given a $155.00 target price on the stock of Adobe Systems in a note on Tue, Apr 18th. The company was maintained on Tuesday, June 20 by Canaccord Genuity. The firm earned "Strong-Buy" rating on Wednesday, September 2 by Vetr. Hence, the existing market cap indicates a preferable measure in comprehending the size of the company rather than its worth. The consensus rating is 2.3, suggesting the market has given up on the stock. Its down 0.06, from 0.99 in 2016Q3. It is positive, as 63 investors sold JNJ shares while 834 reduced holdings. 85 funds opened positions while 267 raised stakes. 417.05 million shares or 0.67% less from 419.85 million shares in 2016Q3 were reported. Insiders have sold 102,239 shares of company stock valued at $14,877,475 over the last 90 days. The last close places the company's stock about $2.05 off its 52 week high of $150.4 and $50.48 above the 52 week low of $97.87. Paradigm Asset Mngmt accumulated 3,650 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 91,894 shares.

Laredo Petroleum, Inc. (NYSE:LPI) closed up +0.06 points or 0.49% at $12.24 with 3.22 mln shares exchanging hands. Capital Guardian Tru Com holds 0% or 67 shares in its portfolio. Piedmont Ltd holds 0% or 102,659 shares. Airain Limited holds 142,411 shares. Metropolitan Life Insur Co has invested 0.2% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Td Asset Mgmt accumulated 205,647 shares. The value of the investment in Adobe Systems Incorporated increased from $6,897,000 to $13,521,000 increasing 96.0% quarter over quarter. Citigroup owns 511,988 shares. Therefore 46% are positive.

Adobe Systems Incorporated, launched on May 9, 1997, is a software company. As per Friday, December 11, the company rating was maintained by KeyBanc Capital Markets. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Buy" rating by UBS on Wednesday, September 21. The rating was maintained by Jefferies with "Hold" on Wednesday, May 24. Royal Bank Of Canada reaffirmed a "buy" rating and set a $157.00 price objective on shares of Adobe Systems in a research report on Monday, July 31st. Finally, Barclays PLC lifted their price objective on Adobe Systems from $155.00 to $161.00 and gave the stock an "overweight" rating in a report on Wednesday, June 21st. The rating was initiated by Atlantic Securities with "Neutral" on Friday, December 18. The firm earned "Hold" rating on Friday, December 11 by Wunderlich. That puts the market capitalization at $73.24 bln.

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On Wednesday, June 14th, Ann Lewnes sold 2,233 shares of Adobe Systems stock.

Since March 20, 2017, it had 0 insider purchases, and 5 sales for $11.00 million activity. Following the transaction, the director now owns 16,088 shares in the company, valued at approximately $2,317,798.16. LAMKIN BRYAN sold $2.61 million worth of stock.

Aperio Group Llc increased Coca Cola European Pa stake by 17,162 shares to 254,527 valued at $7.99 million in 2016Q4.

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