Adobe Systems (ADBE) EVP Ann Lewnes Sells 2940 Shares

Atlanta Capital Group bought 2,936 shares as the company's stock rose 22.17% while stock markets declined. During the same quarter in the prior year, the firm posted ($0.43) earnings per share. First Long Island Investors Llc who had been investing in Adobe Sys Inc Com for a number of months, seems to be less bullish one the $110.34 billion market cap company. About 1.98M shares traded. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Mkt Perform" rating given on Wednesday, October 7 by FBR Capital. It has outperformed by 55.16% the S&P500. Grove Bank & Trust now owns 4,546 shares of the software company's stock worth $678,000 after buying an additional 591 shares in the last quarter. The institutional investor held 3.64 million shares of the major banks company at the end of 2017Q4, valued at $271.00M, down from 3.79M at the end of the previous reported quarter. The stock increased 0.76% or $0.43 during the last trading session, reaching $57.17. About 31.36M shares traded or 90.17% up from the average. (NYSE:MRK) has declined 14.94% since April 15, 2017 and is downtrending. It has outperformed by 2.41% the S&P500.

In other news, Chairman John E. Warnock sold 6,000 shares of the firm's stock in a transaction on Monday, December 19th. $263,126 worth of Citigroup Inc. With 28,200 avg volume, 10 days are for Newmarket Corp (NYSE:NEU)'s short sellers to cover NEU's short positions.

First Washington Corp, which manages about $237.40M and $212.60M US Long portfolio, decreased its stake in Cogent Communications Hldgs (NASDAQ:CCOI) by 19,890 shares to 85,320 shares, valued at $3.87M in 2017Q4, according to the filing. It also increased its holding in Lifepoint Health Inc (NASDAQ:LPNT) by 43,615 shares in the quarter, for a total of 1.43M shares, and has risen its stake in Precision Drilling Corp.

Analysts await Berry Global Group, Inc. (NYSE:C), 22 have Buy rating, 2 Sell and 16 Hold. Therefore 38% are positive. Jefferies Group increased their target price on shares of Adobe Systems to $205.00 and gave the stock a "buy" rating in a research report on Friday, December 15th. The firm has "Hold" rating given on Friday, September 15 by Credit Suisse. The company was upgraded on Thursday, August 13 by BMO Capital Markets. Goldman Sachs has "Neutral" rating and $112 target. The company was maintained on Thursday, June 1 by Credit Suisse. The stock of Merck & Co., Inc. As per Wednesday, September 20, the company rating was maintained by Jefferies. The firm has "Hold" rating by J.P. Morgan given on Tuesday, December 12. UBS maintained the stock with "Buy" rating in Wednesday, September 21 report. (NYSE:C) earned "Buy" rating by Oppenheimer on Thursday, July 20. Barclays Capital upgraded the stock to "Overweight" rating in Tuesday, December 1 report.

Investors sentiment decreased to 0.89 in 2017 Q4. The software company reported $1.55 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.44 by $0.11. It worsened, as 40 investors sold MIC shares while 103 reduced holdings. The ratio has improved, as 156 funds increased and started new stock positions, while 127 cut down and sold their equity positions in Berry Plastics Group Inc. Maryland-based Clearbridge Limited Co has invested 0% in Merck & Co., Inc. Td Capital Management Ltd accumulated 101 shares. Segment Wealth Mgmt Limited holds 3,446 shares. Rockefeller Fincl Svcs holds 0.07% or 26,188 shares in its portfolio. Institutional investors own 87.25% of the company's stock. Peapack Gladstone Fin invested in 0.18% or 18,910 shares. (NYSE:C). 492,524 are owned by Utah Retirement Sys. Colony Gp Ltd Liability Company reported 19,235 shares. Dearborn Prtn Ltd has 3,969 shares for 0.04% of their portfolio. Bell Bank reported 4,596 shares or 0.1% of all its holdings. (NYSE:C). Lazard Asset Mngmt Ltd Liability Corp, New York-based fund reported 9.06 million shares. The New York-based Luminus Management Llc has invested 4.75% in the stock.

Investors sentiment decreased to 0.94 in 2017 Q4. Its up 0.05, from 0.89 in 2017Q3. BlackRock Fund Advisors increased its position in shares of Adobe Systems by 1.7% in the third quarter.

Shares of Adobe Systems (NASDAQ:ADBE) have received a consensus rating of "Buy" from the thirty-four brokerages that are now covering the company, MarketBeat Ratings reports. Canyon Capital Advisors Llc owns 5.79 million shares or 4.93% of their U.S. portfolio. Centre Asset Mngmt Limited Com holds 63,200 shares. City Com holds 0.02% or 275 shares in its portfolio. Westwood Mngmt Corp Il owns 0.33% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 13,600 shares. The company has market cap of $7.28 billion. Sterling Cap Management Limited Liability, North Carolina-based fund reported 18,855 shares. Btim Corporation stated it has 7,690 shares or 0.02% of all its holdings. Sun Life Financial invested in 0.02% or 1,079 shares.

Adobe Systems Incorporated (NASDAQ:ADBE) traded down 0.400% during trading on Friday, reaching $118.355. Moreover, Spirit Of America Management Corporation has 0.08% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Brown Advisory reported 1.61% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Counselors has invested 0.08% in Adobe Systems Incorporated (NASDAQ:ADBE). Equities research analysts expect that Adobe Systems Incorporated will post $3.82 earnings per share for the current year.

Since October 11, 2017, it had 1 buy, and 15 selling transactions for $83.70 million activity. Westpac Corporation holds 0.12% in Adobe Systems Incorporated (NASDAQ:ADBE) or 31,091 shares. Morris Donna also sold $5.81M worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, January 24. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since April 15, 2017 and is uptrending. Lewnes Ann had sold 2,940 shares worth $658,148 on Thursday, March 22.

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