BLB&B Advisors LLC Has $567000 Stake in Adobe Systems Incorporated (ADBE)

Bruno Cirelli
Agosto 5, 2017

GARRETT MARK sold $5.16M worth of stock. The SI to Juniper Networks Incorporated's float is 4.62%.

The company is trading up by 0.19 percent from yesterday's close. Trimble Inc (NASDAQ:TRMB) has risen 51.45% since August 4, 2016 and is uptrending. It has outperformed by 15.31% the S&P500.

Several other hedge funds have also bought and sold shares of the company. Alpha Windward LLC now owns 1,655 shares of the software company's stock valued at $215,000 after buying an additional 15 shares in the last quarter. Adobe Sys Inc now has $72.78 billion valuation. Tracking company EPS may help to evaulate company stock value. The target implies a 19.11% spike from where the shares are now trading. Adobe Systems Incorporated has a 1-year low of $95.65 and a 1-year high of $150.40. It has outperformed by 25.59% the S&P500.

Since February 27, 2017, it had 0 insider buys, and 6 selling transactions for $5.51 million activity. Lewnes Ann had sold 2,233 shares worth $311,035 on Wednesday, June 14. PAINTER ROBERT G sold $380,215 worth of stock. Davidson Jonathan sold $736,624 worth of stock. $213,180 worth of Trimble Inc (NASDAQ:TRMB) shares were sold by Gabriel Kaigham. The Newbrook Capital Advisors Lp holds 346,754 shares with $35.70M value, up from 190,118 last quarter. The Firm sells its high-performance network products and service offerings across routing, switching and security.

Investors sentiment decreased to 0.98 in Q4 2016. Its down 0.13, from 1.15 in 2016Q3. Tiaa Cref Investment Management Lc owns 4.87 million shares. Newbrook Capital Advisors Lp acquired 156,636 shares as Adobe Sys Inc (ADBE)'s stock rose 14.01%. Blair William & Il, a Illinois-based fund reported 379,606 shares. Neville Rodie & Shaw reported 0.97% of its portfolio in Celgene Corporation (NASDAQ:CELG). Prelude Capital Limited holds 5,705 shares. Stephens Invest Management Grp Inc Limited Liability Co accumulated 395 shares or 0% of the stock. Amer Gru Inc invested in 22,350 shares or 0% of the stock. (NYSE:JNPR). Dynamic Capital Mgmt has invested 0.6% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR) for 90,734 shares. Moreover, Bath Savings has 0.36% invested in Trimble Inc (NASDAQ:TRMB) for 39,120 shares. Lee Danner & Bass Incorporated has 0.07% invested in Celgene Corporation (NASDAQ:CELG) for 5,459 shares.

September 23 investment analysts at Argus Research made no change to the stock rating of "Buy" and raised the price expectation to $127.00 from $85.00. Therefore 41% are positive. Dynavax Technologies had 12 analyst reports since August 12, 2015 according to SRatingsIntel. As per Wednesday, January 6, the company rating was maintained by Credit Suisse. Drexel Hamilton maintained Juniper Networks, Inc. The stock has "Outperform" rating by FBR Capital on Wednesday, May 11. Current price places the company's stock 19.68% away from its 200-day simple moving average, 3%, away from the 50-day average and also 0.86% away from 20-day average. The stock recovered 2.74% since its low point and has performed -35.9% year-to-date. The stock of Juniper Networks, Inc. The stock of Celgene Corporation (NASDAQ:CELG) earned "Outperform" rating by Leerink Swann on Friday, July 28. The rating was downgraded by SunTrust on Monday, March 21 to "Reduce". The firm has "Buy" rating given on Tuesday, June 13 by Oppenheimer. The company was maintained on Tuesday, December 8 by Deutsche Bank. UBS maintained Juniper Networks, Inc. That puts the market capitalization at $187.87 bln.

Since February 6, 2017, it had 0 insider purchases, and 6 insider sales for $16.16 million activity.

Adobe Systems Incorporated (NASDAQ ADBE) traded up 0.19% on Friday, hitting $148.07. Another trade for 59,550 shares valued at $7.50M was sold by GESCHKE CHARLES M. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since August 4, 2016 and is uptrending.

Investors sentiment decreased to 1.02 in Q4 2016. Its down 0.13, from 1.11 in 2016Q3.

Want to see what other hedge funds are holding ADBE? 44 funds opened positions while 115 raised stakes. 417.05 million shares or 0.67% less from 419.85 million shares in 2016Q3 were reported. National Bank & Trust Of Hawaii reported 2,885 shares. 65,700 are held by Jacobs Levy Equity Mngmt. New York State Teachers Retirement System stated it has 427,813 shares or 0.03% of all its holdings. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Overweight" rating given on Wednesday, September 21 by Pacific Crest. Ardsley Advisory Prtnrs has invested 1.4% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Polar Capital Llp holds 326,496 shares or 0.54% of its portfolio. The Illinois-based Castleark Mngmt Ltd Liability Co has invested 1.45% in Adobe Systems Incorporated (NASDAQ:ADBE).

Adobe Systems Incorporated (NASDAQ:ADBE) last session's volume of 1.46 million shares was lower than its average volume of 2.5 million shares. Sun Life owns 48 shares. Argent reported 7,782 shares.

Among 37 analysts covering Adobe Systems (NASDAQ:ADBE), 30 have Buy rating, 1 Sell and 6 Hold. They expect $0.82 EPS, up 36.67% or $0.22 from last year's $0.6 per share. ADBE's profit would be $404.57M giving it 45.11 P/E if the $0.82 EPS is correct. The software company reported $1.02 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.95 by $0.07. Zacks Investment Research upgraded shares of Adobe Systems from a "hold" rating to a "buy" rating and set a $161.00 target price for the company in a report on Friday, June 23rd. Therefore 81% are positive. Barclays PLC assumed coverage on shares of Adobe Systems in a report on Tuesday, May 2nd.

A number of equities research analysts have recently commented on ADBE shares. Guggenheim assumed coverage on shares of Adobe Systems in a report on Wednesday, April 12th. BMO Capital Markets restated an "outperform" rating and issued a $160.00 target price (up previously from $140.00) on shares of Adobe Systems in a report on Friday, June 9th. The firm has "Buy" rating given on Wednesday, September 21 by Citigroup. The count of Hold ratings in that period was 7. The rating was maintained by Jefferies on Friday, September 18 with "Buy".

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