Over the last three months, insiders sold 28,359 shares of company stock valued at $4,255,181. It has outperformed by 25.59% the S&P500.The move comes after 7 months positive chart setup for the $76.06B company. Adage Group Ltd Liability Com reported 0.07% in Estee Lauder Companies Inc (NYSE:EL). We have $162.00 PT which if reached, will make NASDAQ:ADBE worth $3.80 billion more.
WOOD GROUP JOHN PLC (OTCMKTS:WDGJF) had an increase of 3.61% in short interest. Hartwell J M Partnership owns 11,950 shares for 0.35% of their portfolio. Marshall Wace Llp reported 3,856 shares. About 1.78 million shares traded. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Buy" rating by Pivotal Research on Wednesday, September 21. It has underperformed by 15.78% the S&P500.
Investors sentiment increased to 1.21 in Q2 2017. The software company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.87 by $0.07.
American National Bankshares Inc.is a one-bank holding company. 3 funds opened positions while 21 raised stakes. Natixis reported 2,540 shares. Livforsakringsbolaget Skandia Omsesidigt invested in 900 shares. Creative Planning invested 0% of its portfolio in American National BankShares Inc (NASDAQ:AMNB). Franklin Res reported 2.44M shares.
More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: "Seekingalpha.com which released: "Adobe: "Digitally Transformed In The Cloud" on September 22, 2017, also Investorplace.com with their article: "Adobe Systems Incorporated (ADBE) Stock Dips Are Opportunities â€" Go Long!" published on September 21, 2017, Seekingalpha.com published: "Adobe First Look: "Another Beat, What's New?" on September 19, 2017. Wilbanks Smith & Thomas Asset Mgmt Lc has invested 0.05% in American National BankShares Inc (NASDAQ:AMNB). Ashfield Cap Partners Limited Liability Corp stated it has 0.55% in Estee Lauder Companies Inc (NYSE:EL). Folger Nolan Fleming Douglas Capital Management, a -based fund reported 13,907 shares.
V.F. Corporation (NYSE:VFC) gained 0.14% with the closing price of $64.44. Highland Mgmt Ltd Liability Co accumulated 0.41% or 52,878 shares. Corporate insiders own 0.43% of the company's stock. 215,249 are held by Strs Ohio. 98,328 are owned by Cornerstone Capital Mgmt Limited Company. Alliancebernstein Ltd Partnership holds 35,162 shares or 0% of its portfolio. Chicago Equity Prtn has 0.02% invested in Mid-America Apartment Communities Inc (NYSE:MAA) for 6,404 shares. American National Bank and Trust Company is the only banking subsidiary of the Company. On Friday, September 18 the stock rating was maintained by Jefferies with "Buy". Therefore 25% are positive. Cisco Systems Inc. had 113 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has "Overweight" rating by KeyBanc Capital Markets on Friday, December 11. Zacks downgraded American National BankShares Inc (NASDAQ:AMNB) on Tuesday, September 1 to "Buy" rating. The rating was maintained by Rosenblatt with "Buy" on Wednesday, June 22. A rating of 3 would indicate a Hold recommendation. The rating was upgraded by Raymond James to "Outperform" on Tuesday, October 20. (NASDAQ:CSCO) rating on Tuesday, August 4.
Since May 9, 2017, it had 1 buy, and 0 selling transactions for $49,450 activity. Vetr cut Adobe Systems from a "hold" rating to a "sell" rating and set a $150.30 price objective for the company.in a research note on Thursday, August 31st. Therefore 79% are positive. The company was initiated on Thursday, March 31 by Canaccord Genuity. Robert W. Baird reiterated an "outperform" rating and set a $160.00 price target (up previously from $140.00) on shares of Adobe Systems in a research note on Wednesday, June 21st. The firm has "Buy" rating given on Wednesday, September 20 by Cowen & Co. The firm earned "Buy" rating on Thursday, January 14 by Dougherty & Company. The rating was maintained by Wunderlich on Thursday, November 3 with "Hold".
Technical Analysis Perspective: Lam Research Corporation (LRCX), VMware, Inc. (VMW)
In the most updated research from a number of analysts on Wall Street, the company gets 16 Buys and 0 Sell among 19 analysts. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.
Investors sentiment increased to 1.1 in 2017 Q2. Its down 0.12, from 1.45 in 2017Q1.
Several institutional investors and hedge funds have recently made changes to their positions in the business. During the same period in the previous year, the firm posted $0.75 earnings per share. Advsrs Preferred reported 0.03% in Adobe Systems Incorporated (NASDAQ:ADBE). Pettyjohn Wood & White Inc reported 6,022 shares.
Adobe Systems Incorporated (NASDAQ:ADBE) opened at 141.89 on Tuesday. Soros Fund Mngmt Limited Co holds 0% or 1,600 shares in its portfolio. The overall volume in the last trading session was 1.91 million shares. Wetherby Asset Management holds 10,577 shares or 0.25% of its portfolio. Capstone Asset Mngmt accumulated 5,501 shares or 0.02% of the stock. Bnp Paribas Arbitrage Sa holds 0.01% or 37,049 shares. The Australia-based Amp Limited has invested 0.31% in Adobe Systems Incorporated (NASDAQ:ADBE). Moreover, Rnc Capital Ltd Co has 0.07% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Capital Inv Counsel invested 2.08% in Adobe Systems Incorporated (NASDAQ:ADBE). BlackRock Inc. increased its position in shares of Adobe Systems by 8.2% during the second quarter. Pub Employees Retirement Of Ohio has 195,496 shares for 0.1% of their portfolio.
ATR remains at 0.4 while Beta component of the stock stands at 1.3. Bremer Natl Association holds 7,246 shares or 0.29% of its portfolio. Morgan Stanley maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, September 21 with "Equal-Weight" rating. The company has market cap of $76.06 billion. 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. It has a 48.54 P/E ratio.
Since May 10, 2017, it had 0 buys, and 2 sales for $614,410 activity. Also, EVP Ann Lewnes sold 2,233 shares of the stock in a transaction that occurred on Wednesday, March 22nd.
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