Adobe Systems Incorporated (NASDAQ: ADBE) - Investor's Alert (RSI Analysis)

Triangle Securities Wealth Management increased its stake in Adobe Sys Inc (ADBE) by 79.29% based on its latest 2017Q3 regulatory filing with the SEC. Jane Street Group Incorporated Limited Liability holds 0.05% in Adobe Systems Incorporated (NASDAQ:ADBE) or 99,211 shares. Bluestein R H & Company, Michigan-based fund reported 18,850 shares. Blue Edge Capital Llc who had been investing in Procter & Gamble Co for a number of months, seems to be bullish on the $230.99 billion market cap company. The stock increased 3.81% or $0.395 during the last trading session, reaching $10.775. FTB Advisors Inc. now owns 2,728 shares of the software company's stock valued at $395,000 after acquiring an additional 33 shares during the period. It has outperformed by 171.72% the S&P500.

Torray Llc, which manages about $624.45M and $1.01 billion US Long portfolio, upped its stake in Bank Of America (NYSE:BAC) by 20,431 shares to 856,418 shares, valued at $21.70 million in 2017Q3, according to the filing. Tiger Eye Capital Llc sold 22,739 shares as the company's stock rose 14.01% with the market. The software company reported $0.90 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.86 by $0.04. Coastline Trust Co who had been investing in Adobe Sys Inc for a number of months, seems to be less bullish one the $91.66 billion market cap company. The stock closed maximum at $186.97 over the 52 weeks but is now -0.14% away from that point. About 1.80 million shares traded.

Adobe Systems Incorporated (NASDAQ:ADBE) EVP Ann Lewnes sold 1,953 shares of the business's stock in a transaction that occurred on Wednesday, December 13th. It has outperformed by 25.59% the S&P500. (NYSE:MRK). Wealthcare Cap Llc stated it has 0% of its portfolio in Merck & Co., Inc. It also increased its holding in Nvr Inc. Cambridge Inv Research Advisors invested 0.01% of its portfolio in Newell Brands Inc. $128,910 worth of Facebook, Inc. Shares for $321,221 were sold by FergusonMchugh MaryLynn on Tuesday, August 15. $2.59M worth of Facebook, Inc. The institutional investor held 54,431 shares of the plastic products company at the end of 2017Q3, valued at $2.32M, up from 38,738 at the end of the previous reported quarter. 4,589 shares valued at $422,374 were sold by Giovanni Ciserani on Tuesday, August 15. Kdi Lc invested 2.01% in Adobe Systems Incorporated (NASDAQ:ADBE). 32,381 were reported by Hallmark Cap Mngmt. The shares were sold at an average price of $181.19, for a total transaction of $353,864.07.

Several other institutional investors have also sold shares of the company. Moreover, Ivory Investment Limited Liability Corp has 1.26% invested in Newell Brands Inc. Pinnacle Prtn Incorporated stated it has 0.03% in Newell Brands Inc. Omers Administration holds 0.04% in Adobe Systems Incorporated (NASDAQ:ADBE) or 24,800 shares. Moreover, Nippon Life Insurance has 0.02% invested in Newell Brands Inc. Comerica Secs invested in 0.11% or 5,166 shares. Albion Financial Ut owns 7,297 shares for 0.17% of their portfolio. Meyer Handelman owns 3% invested in The Procter & Gamble Company (NYSE:PG) for 721,696 shares. (NYSE:NWL). Geode Mgmt Llc holds 4.99M shares. Nuveen Asset Mgmt Lc owns 0.12% invested in Newell Brands Inc.

At the session level, shares of Stryker Corporation (NYSE:SYK) moved -1.69% from the open. Gulf Int Commercial Bank (Uk) owns 155,734 shares. Connors Investor Inc reported 57,520 shares stake. Novare Mngmt Limited Liability Com accumulated 1.3% or 43,131 shares. Symphony Asset Management Llc reported 12,767 shares stake. Robert W. Baird maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, October 6 with "Buy" rating. had 31 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, September 15, the company rating was downgraded by Credit Suisse. On Monday, September 21 the stock rating was maintained by S&P Research with "Hold". The company was maintained on Monday, February 6 by Cowen & Co. The company was maintained on Thursday, July 30 by Monness Crespi & Hardt. The stock of AT&T Inc. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Buy" rating given on Wednesday, March 23 by Deutsche Bank. The firm has "Buy" rating given on Thursday, January 4 by Jefferies. The firm earned "Hold" rating on Tuesday, October 31 by Jefferies. BMO Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Thursday, October 19.

Among 19 analysts covering Newell Rubbermaid Inc. They expect $1.94 earnings per share, up 56.45% or $0.70 from last year's $1.24 per share. About 1.73 million shares traded.

Analysts have given a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). $1.18 million worth of stock was sold by WARNOCK JOHN E on Friday, October 20. The stock exchanged hands with 1,804,363 numbers of shares compared to its average daily volume of 2.90M shares. Shares for $199,520 were bought by Banse Amy on Monday, December 18. Tokio Marine Asset Management Ltd has invested 0.09% in Adobe Systems Incorporated (NASDAQ:ADBE). Therefore 58% are positive. Adobe Systems had 134 analyst reports since August 11, 2015 according to SRatingsIntel. Wells Fargo maintained the shares of ADBE in report on Wednesday, September 20 with "Hold" rating. Robert W. Baird maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, October 6. Eastern Bank now owns 80,561 shares of the software company's stock worth $11,394,000 after buying an additional 940 shares in the last quarter. The firm earned "Overweight" rating on Friday, December 11 by KeyBanc Capital Markets. As per Wednesday, September 21, the company rating was maintained by Canaccord Genuity.

Analysts' mean recommendation for Adobe Systems Incorporated (ADBE) stands at 1.90. The firm has "Outperform" rating by Cowen & Co given on Wednesday, April 27. Aviva Public Limited Co reported 0.25% in Adobe Systems Incorporated (NASDAQ:ADBE). Barclays Capital has "Overweight" rating and $26 target.

Related News:

  • Akubra girl

    Akubra girl "Dolly" killed herself due to bullying, company says

    On Wednesday, the family released a statement to media outlets saying Dolly had been "the kindest, caring, attractive soul". Her family did not specify the extent of the teens bullying, but wrote that it is the reason she completed suicide.

    UBS Issues an Upgrade on FedEx (NYSE:FDX) Shares. What's Next?

    Moreover, Folger Nolan Fleming Douglas Capital Management has 0.92% invested in FedEx Corporation (NYSE: FDX ) for 27,925 shares. BMO Capital Markets reaffirmed a "buy" rating and issued a $300.00 price target on shares of FedEx in a research note on Monday.
    Game Boy is Coming Back as Ultra Game Boy

    Game Boy is Coming Back as Ultra Game Boy

    Despite the success of the Switch , Nintendo's older consoles have seen a resurgence in interest recently. We'll update once the details are confirmed, such as if it will play Game Boy Color cartridges as well.
  • Buckingham Research Increases Comcast (CMCSA) Price Target to $50.00

    Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest accumulated 0.26% or 725,500 shares. It increased, as 46 investors sold UPS shares while 390 reduced holdings. 116 funds opened positions while 640 raised stakes.
    SteelSeries Launches New TrueMove3+ dual sensor setup For Competitive Gamers

    SteelSeries Launches New TrueMove3+ dual sensor setup For Competitive Gamers

    If you're one of the people afflicted by that problem, SteelSeries has you covered with their latest Rival 600 gaming mouse . The mouse uses SteelSeries' tried and tested 12,000 CPI TrueMove 3, which we've seen in other mice such as the Rival 310.
    Hands on with Lenovo's Snapdragon 835-powered Miix 630 Windows 10 PC

    Hands on with Lenovo's Snapdragon 835-powered Miix 630 Windows 10 PC

    Memory is 4 GB or 8 GB depending on confirmation, while storage ranges from 64 GB, through 128 GB, and finally tops out at 256 GB. The imaging department uses a 13-megapixel IR front-facing camera with Windows Hello support and a 5-megapixel rear shooter.
  • Virgin Trains accused of 'censorship' for no longer selling Daily Mail newspapers

    Virgin Trains accused of 'censorship' for no longer selling Daily Mail newspapers

    They informed us last November that to save space, they were restricting sales to just three newspapers: the Mirror, FT and Times. Previously, Virgin Trains only sold around one copy of the tabloid for very four trains, or about 70 copies per day.
    Vikings' Latavius Murray projected for just under 70 yards against Saints

    Vikings' Latavius Murray projected for just under 70 yards against Saints

    NOTES: QB Sam Bradford continued practicing on Monday as the Vikings consider whether to activate him off injured reserve. In winning his last three starts, Keenum has four touchdowns and no picks while averaging 188 yards per game.

    What's in Accenture Plc (NYSE:ACN) After Decline in Shorted Shares?

    The information technology services provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.67 by $0.12. It is negative, as 40 investors sold ACN shares while 370 reduced holdings. 76 funds opened positions while 255 raised stakes.
  • Utah, Detroit teams most interested in Chicago's Nikola Mirotic

    New York Times NBA reporter Marc Stein reported on Tuesday that the Pistons and Jazz are expressing interest in Mirotic . The 6-11 Leuer has been out since October 31 with a sprained left ankle, limiting the Pistons' size.
    Florida lawmakers Braynon, Flores 'deeply regret' affair

    Florida lawmakers Braynon, Flores 'deeply regret' affair

    In October, incoming Senate Democratic Leader Jeff Clemens abruptly resigned after acknowledging an affair with a lobbyist. That said, they admitted that 'our longtime friendship evolved to a level that we deeply regret'.
    Harvey Weinstein Attacked at Restaurant in Arizona

    Harvey Weinstein Attacked at Restaurant in Arizona

    The restaurant manager, however, claims Weinstein was "sweet", politely declining when asked to take the photo. Harvey Weinstein was reportedly attacked by a drunken diner at a restaurant after he refused a photograph.

Most liked

Ford will Connect Cars with Bikes and Everything Else
This year it was Chief Executive Jim Hackett on stage, but he continues what has become a Ford tradition at the event. Hackett talked about Ford's City of Tomorrow, which he said will re-imagine how our streets and cities function.

Bama LB goes after coach in furious sideline spat
When ESPN's cameras cut over to Brown again, he was being brought to the ground while gesturing angrily on the Tide's sideline. Brown was heated when he got to the sideline and received an earful from coach Nick Saban .

Collins Praises Rural Broadband Executive Order
Closing the broadband gap could mean a more connected country, with more people on the internet and able to rely on internet-dependent devices.

JFK airport terminal evacuated after water main breaks and floods baggage claim
As a result, some passengers report sitting on the tarmac for hours before they could deplane or have their plane take off. More than 5,000 flights were canceled because of the storm, according to FlightAware, a flight-tracking site.

Over 350000 people detained while illegally crossing border into United States in 2017
If this work goes ahead, more than half of the border with Mexico will have a wall - or similar structure - by 2027. As talks on comprehensive immigration reform progress, so have the discussions on the logistics of a border wall.

Dallas woman ordered no contact with date from hell
Lindy Lou Layman , 29, from Dallas, Texas, has denied Anthony Buzbee's claims that she damaged his art collection. When pressed about what took place on December 23, Keiter told the Chronicle: "I'll save that for the courtroom".

Erdogan says Turkey will continue its military operation in northern Syria
The military operation was launched in August 2016 to eliminate the presence of Daesh in northern Syria, near the border of Turkey.

Suarez Officially Welcomes Coutinho To Barcelona
Liverpool need to replace Coutinho with a proven quality star and Uruguayan worldwide Luis Suarez has been in the lime light. Coutinho's debut is weeks away, however, after the Blaugrana confirmed a thigh injury will keep him out for 20 days.

OJ Simpson emphatically denies fathering Khloe Kardashian
For years, rumours circulated that OJ Simpson had an affair with Kris Jenner and Khloe Kardashian is their secret love child. Well, TMZ caught up with Simpson and in a roundabout way forced Juice to address the ancient gossip.

Apple to Introduce new Feature for Helping Parents Protect Children
Newer reports nevertheless point out that Apple has finally responded to the investors' demand for iPhone Addiction in Kids. Gizmos and social media are having a very potentially deadly effect on children.

Bond Market's Bulls Are Shaken, If Not Shattered: Scott Dorf
Yields elsewhere have been moving higher and the potential for a bigger shift at the Bank of Japan has put a bid in the yen today. But this week, the yield on the 10-year Treasury - the global benchmark - broke above the key 2.50 percent barrier.

UK Fines Mobile Phone Retailer Carphone Warehouse over 2015 Data Breach
The ICO found Carphone Warehouse to have failed in its steps to ensure the protection of personal information. The attackers are said to have accessed the data by using valid log-ins for out-of-date WordPress software.

Rep. Darrell Issa surprises with plans to not seek re-election
In a press release, Issa said, with the help and support of his family, he decided not seek re-election in California's 49th District .

Capital Management Associates NY Invests $660000 in XPO Logistics Inc. (XPO)
Since September 21, 2017, it had 0 insider purchases, and 5 sales for $7.02 million activity. (NYSE:XPO) or 1.19M shares. It dived, as 58 investors sold AMGN shares while 511 reduced holdings. 38 funds opened positions while 90 raised stakes.

Fire breaks out at Trump Tower: Photos, videos
In total the president has an interest in more than 30 properties across the U.S. and a large portfolio of stocks and shares. A fire was reported Monday morning (Jan. 8) on the roof of Trump Tower in NY , according to multiple media reports.