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:

  • 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.
    Dallas woman ordered no contact with date from hell

    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".
    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.
  • Apple to Introduce new Feature for Helping Parents Protect Children

    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.

    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.
    SpaceX May Have Lost A Super-Expensive And Classified US Spy Satellite

    SpaceX May Have Lost A Super-Expensive And Classified US Spy Satellite

    Likewise, SpaceX initially had no comment. "If we or others find otherwise based on further review, we will report it immediately. That's a strong indication the presumed problem, whatever it might be, did not involve the rocket or any of its systems.
  • Ford will Connect Cars with Bikes and Everything Else

    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.
    Syrian Army Reports Israeli Missile Attack on Greater Damascus

    Syrian Army Reports Israeli Missile Attack on Greater Damascus

    Qutayfeh is in the north-eastern suburbs of Damascus where Syrian Republican Guard units are known to have major outposts. In a statement the air force said it also shot down one of the Israeli missiles.

    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.
  • Analysts See $0.55 EPS for Nucor Corporation (NUE)

    EOG Resources had 110 analyst reports since July 22, 2015 according to SRatingsIntel. (NYSE:EOG) earned "Buy" rating by Robert W. Rothschild Asset Mgmt invested in 0.05% or 791,997 shares. 1,588 were reported by North Star Inv Management Corporation.

    UBS Raises Union Pacific (NYSE:UNP) Stock To a Buy Rating

    The fund owned 1,055,504 shares of the railroad operator's stock after selling 254,557 shares during the quarter. Voya Investment Management LLC boosted its holdings in shares of Union Pacific by 88.7% during the 2nd quarter.
    Rep. Darrell Issa surprises with plans to not seek re-election

    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 .

Most liked

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.

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.

Astros trade for Pirates starting pitcher Gerrit Cole, reports says
As for the Pirates, a full rebuild could soon follow with stars Andrew McCutchen and Josh Harrison up next on the trade block. Cole did top 200 innings for the second time in 2017 and also saw his strikeout numbers tick back up close to one per inning.

Here's who's going to be lead in Akshay Kumar's Kesari
The movie, which is directed by Anurag Singh, is all set to hit the theatres on Holi , 2019. Recently Akshay Kumar shared his first look from Kesari and it looked quite impressing.

Investors Sell Shares of Pepsico (PEP) on Strength (PEP)
After $1.48 actual EPS reported by Pepsico, Inc. for the previous quarter, Wall Street now forecasts -12.16% negative EPS growth. It improved, as 51 investors sold PEP shares while 689 reduced holdings. 106 funds opened positions while 593 raised stakes.

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.

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.

Amazon CEO Jeff Bezos now the richest man EVER
Most of Bezos' fortune is in Amazon shares , which rose about 56 percent last year and around 7 percent this year to date. At his current net worth of $91.9 billion, this would easily put Gates well above Bezos, reports CNNMoney .

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.

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.

Ikea Creates an Advert for Women to Wee on
If you are expecting, a new, discounted price for the crib will appear in red below the original amount. The urine has to be applied to a strip near the bottom of the ad.

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'.

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.

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.

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.