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Adobe Systems Incorporated (ADBE) is WestEnd Advisors LLC's 5th Largest Position

Adobe Systems Incorporated (ADBE) is WestEnd Advisors LLC's 5th Largest Position”

Narrowing in a bit closer, the 5 month price index is 0.58963, the 3 month is 0.62750, and the 1 month is now 1.01308. Also, EVP Donna Morris sold 5,000 shares of the company's stock in a transaction that occurred on Friday, June 23rd. 85 funds opened positions while 267 raised stakes. The Congress Asset Management Company holds 581,836 shares with $59.90 million value, down from 645,434 last quarter. Morgan Stanley now owns 1,624,287 shares of the software company's stock valued at $211,367,000 after buying an additional 557,169 shares during the period. Lmr Prtnrs Ltd Liability Partnership invested in 13,716 shares or 0.22% of the stock. Pettyjohn Wood & White, Virginia-based fund reported 6,422 shares. Geode Management Limited Liability stated it has 0.21% in Adobe Systems Incorporated (NASDAQ:ADBE). RBC Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Sunday, July 30. Bancshares Of America De has invested 0.14% in Adobe Systems Incorporated (NASDAQ:ADBE). Ny State Common Retirement Fund holds 1.35M shares or 0.2% of its portfolio. Dimensional Fund Advsr Lp owns 680,361 shares or 0.03% of their U.S. portfolio.

Adobe Systems Incorporated (NasdaqGS:ADBE) has a Price to Book ratio of 9.796672. Birinyi Assoc stated it has 0.43% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Canada Pension Plan Board owns 341,948 shares. Capstone Asset Mgmt holds 0.13% or 44,423 shares in its portfolio.

Adobe Systems Incorporated is a software company.

Since March 20, 2017, it had 0 insider buys, and 3 sales for $3.22 million activity. The stock was sold at an average price of $144.00, for a total transaction of $281,232.00. 100,000 Apogee Enterprises Inc (NASDAQ:APOG) shares with value of $5.60M were sold by Puishys Joseph F.

Adobe Systems Inc. shares slipped in the extended session Tuesday even after the software company topped Wall Street estimates for the quarter.

Adobe noted that Digital Media segment revenue was $1.27 billion in the latest period, while Creative revenue was $1.06 billion. The stock has performed -0.70% over the last seven days, 5.09% over the last thirty, and 10.99% over the last three months. About 3 shares traded. Adobe Systems Incorporated has a 12-month low of $98.00 and a 12-month high of $157.89. It has outperformed by 25.59% the S&P500.

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Seekingalpha.com which released: "Stocks to watch next week" on September 16, 2017, also Seekingalpha.com with their article: "Microsoft, Adobe advance cloud-focused partnership" published on September 07, 2017, Seekingalpha.com published: "Adobe Deep Dive: In Breakout Territory" on September 05, 2017.

Adobe Systems (NASDAQ:ADBE) shares are down 2.49% aftermarket despite Q3 revenue and EPS beats. Vetr cut shares of Adobe Systems from a "hold" rating to a "sell" rating and set a $150.30 target price on the stock.in a research note on Thursday, August 31st. Therefore 79% are positive. The stock presently has a consensus rating of "Buy" and a consensus target price of $154.41. The firm earned "Hold" rating on Friday, December 11 by Wunderlich. The firm has "Buy" rating given on Wednesday, September 21 by Pivotal Research. The firm has "Buy" rating by UBS given on Wednesday, June 22. Credit Suisse maintained the shares of ADBE in report on Wednesday, September 21 with "Neutral" rating. As per Wednesday, September 2, the company rating was initiated by Oppenheimer. As per Tuesday, August 15, the company rating was maintained by Cowen & Co. Traders bought 14,327 call options on the stock. As per Thursday, August 31, the company rating was maintained by Robert W. Baird.

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