Ensemble Capital Management Llc acquired 800 shares as Blackrock Inc (BLK)'s stock rose 1.17%. Company insiders own 0.43% of the company's stock. About 2.04M shares traded. It has underperformed by 66.49% the S&P500.
First National Bank Of Omaha decreased Adobe Sys Inc (ADBE) stake by 17.34% reported in 2017Q2 SEC filing. Aureus Asset Management Llc sold 2,800 shares as the company's stock rose 14.01% with the market.
As of quarter end Mitsubishi Ufj Trust & Banking Corp had bought 3,113 shares growing its position 0.3%. GHP Investment Advisors Inc. purchased a new position in Adobe Systems during the third quarter worth $247,000.
Adobe Systems (NASDAQ:ADBE) traded down $0.06 during mid-day trading on Friday, reaching $182.24.
COPYRIGHT VIOLATION NOTICE: "State Board of Administration of Florida Retirement System Grows Holdings in Adobe Systems Incorporated (NASDAQ:ADBE)" was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. It has outperformed by 25.59% the S&P500. Bartlett And Ltd Liability Corp reported 500 shares or 0% of all its holdings. It also upped Rockwell Automation Inc (NYSE:ROK) stake by 56,800 shares and now owns 56,925 shares. Mastercard Inc (NYSE:MA) was reduced too. ZILVITIS PATRICK J also sold $248,000 worth of ANSYS, Inc. (NASDAQ:AMGN) or 2,922 shares.
Analysts await ANSYS, Inc. The rating was maintained by Stifel Nicolaus on Thursday, November 2 with "Buy". Therefore 13% are positive.
Among 15 analysts covering Ansys Inc. Citigroup maintained Amgen, Inc.
A number of equities research analysts have recently issued reports on ADBE shares. The rating was maintained by Cowen & Co with "Buy" on Wednesday, August 30. The firm earned "Hold" rating on Friday, June 16 by Morgan Stanley. Argus Research maintained the shares of ADBE in report on Wednesday, October 25 with "Buy" rating. (NYSE:LDOS) earned "Neutral" rating by Goldman Sachs on Wednesday, December 14. Credit Suisse upgraded the stock to "Outperform" rating in Monday, November 21 report. On Wednesday, July 26 the stock rating was downgraded by BMO Capital Markets to "Market Perform". On Wednesday, August 19 the stock rating was maintained by Cantor Fitzgerald with "Hold". Bank Of Montreal Can invested in 438 shares.
Investors sentiment decreased to 1.15 in 2017 Q2. The software company reported $1.10 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.09. Insiders have sold a total of 154,215 shares of company stock worth $18,663,508 in the last 90 days. Jpmorgan Chase & Company stated it has 1.87 million shares or 0.03% of all its holdings. Biondo Limited Liability Corp accumulated 12,160 shares or 0.61% of the stock. Polen Capital Mgmt Ltd Limited Liability Company holds 7.5% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 6.06 million shares. (NASDAQ:AMGN) or 96 shares. Hillsdale Inv Management holds 4,890 shares or 0.07% of its portfolio. Virginia-based Dixon Hubard Feinour And Brown Inc Va has invested 1.74% in Amgen, Inc. Colony Gru Limited Company, a Massachusetts-based fund reported 102,409 shares. Zacks Investment Research lowered shares of Adobe Systems from a "hold" rating to a "sell" rating in a report on Thursday, September 14th. 38,069 were accumulated by Pinnacle Financial Prns. The stock has a market cap of $89,860.00, a P/E ratio of 54.61, a PEG ratio of 3.08 and a beta of 1.05. Moreover, Franklin Res has 0% invested in Leidos Holdings, Inc. National Bank & Trust Of America De has invested 0.2% of its portfolio in Lowe's Companies, Inc. (NASDAQ:AMGN) for 8,747 shares. Robert W. Baird set a $160.00 price target on shares of Adobe Systems and gave the company a "buy" rating in a report on Friday, October 6th. Therefore 79% are positive. Atlantic Securities upgraded the shares of LOW in report on Tuesday, November 24 to "Overweight" rating. The firm has "Buy" rating by Wolfe Research given on Thursday, August 3. The company was initiated on Thursday, March 31 by Canaccord Genuity. As per Thursday, October 19, the company rating was maintained by Credit Suisse. Stralem And Communication Incorporated reported 3.22% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). The firm has "Hold" rating by Citigroup given on Friday, September 22. The rating was maintained by BMO Capital Markets on Tuesday, August 22 with "Buy".
"Schedules Investor Conference Call And Webcast" on March 14, 2017. Its up 0.03, from 1 in 2017Q1. John Warnock, a director at (ADBE), sold 6800 shares at a price of 174.2 to bring his total ownership in the stock to 480,101 shares.
Other hedge funds have also added to or reduced their stakes in the company. Lmr Partners Ltd Liability Partnership stated it has 0.02% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Peapack Gladstone Financial Corp holds 20,170 shares. The short-interest ratio increased to 2.0 and the percentage of shorted shares was 0.01% on October 13. Cullinan Assoc Incorporated has 32,090 shares. Forte Capital Limited Liability Adv has invested 1.71% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). California Pub Employees Retirement Sys holds 0.03% or 356,208 shares. Finally, UMB Bank N A MO boosted its stake in Adobe Systems by 106.3% in the first quarter. Ballentine Ptnrs Lc reported 4,482 shares. Los Angeles Cap Mngmt And Equity Inc invested in 0.61% or 687,592 shares. 52,747 are held by Mufg Americas Holdings. The stock had a trading volume of 1,433,667 shares, compared to its average volume of 2,524,848. Windsor Capital Management Llc owns 262,190 shares or 2.13% of their U.S. portfolio. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Mkt Perform" rating given on Friday, December 11 by FBR Capital. They expect $0.96 earnings per share, up 15.66% or $0.13 from last year's $0.83 per share. ADBE's profit would be $473.20 million giving it 47.46 P/E if the $0.96 EPS is correct. It now has negative earnings.
Since June 14, 2017, it had 0 insider buys, and 1 insider sale for $311,035 activity.
In related news, EVP Ann Lewnes sold 1,953 shares of the company's stock in a transaction on Wednesday, October 11th.