Centre Asset Management LLC Maintains Stake in Adobe Systems INC (ADBE)

Patten & Patten Inc who had been investing in Adobe Sys Inc Com for a number of months, seems to be bullish on the $110.26B market cap company.

Target Price/Analysts Mean Suggestion: Mostly, a price target is an individual analyst's expectation on the future price of a security, usually a stock.

In the transaction dated March 22, 2018, the great number of shares disposed came courtesy the EVP, Chief Marketing Officer; Lewnes Ann disposed a total of 2,940 shares at an average price of $223.86, amounting to approximately $658,148. KLA-Tencor Corporation (NASDAQ:KLAC) has risen 12.54% since April 20, 2017 and is uptrending. It has outperformed by 55.16% the S&P500. For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in. Norris Perne & French Llp Mi invested in 0.85% or 86,156 shares. Pinnacle Partners Inc reported 2,948 shs. In last trading session, the stock received positive focus on shares from Traders. About 73,550 shares traded. It has outperformed by 9.50% the S&P500. Banse Amy also bought $199,520 worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares. On Monday, March 12 the stock rating was maintained by Credit Suisse with "Buy". The company was maintained on Wednesday, October 7 by Susquehanna. It was reported on April, 20 by Finviz.com. The company was maintained on Thursday, August 24 by KeyBanc Capital Markets. The company was maintained on Friday, August 26 by Buckingham Research. After $1.28 actual EPS reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts -2.34 % negative EPS growth.

The chart of Adobe Systems Incorporated (ADBE) shows a double top with $232.29 target or 3.00 % above today's $225.53 share price. Bernstein maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, March 18 with "Outperform" rating. Ten investment analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has issued a strong buy rating to the company's stock. The firm has "Buy" rating by Guggenheim given on Friday, March 16.

Since October 20, 2017, it had 1 buying transaction, and 15 selling transactions for $83.18 million activity. LAMKIN BRYAN had sold 30,000 shares worth $5.97 million. These shares are worth $680,503 and were traded at $231.7 each. P/E and P/B ratios both are used on a regular basis by the investor to measure the value of the company and to get the right amount of the share. WARNOCK JOHN E had sold 14,000 shares worth $3.03M. On Wednesday, January 10 GESCHKE CHARLES M sold $3.97M worth of Adobe Systems Incorporated (NASDAQ:ADBE) or 21,276 shares. According to the Analysts, the Low Earnings estimate for the current quarter is $1.5, while the High earnings estimate is $1.6.Comparatively, EPS for the same quarter past year was $1.18. CWH's profit would be $36.42M giving it 16.44 P/E if the $0.41 EPS is correct.

Investors sentiment decreased to 0.89 in 2017 Q4. It has change of 0.22, from 2017Q3's 1.11. It is positive, as 88 investors sold ULTA shares while 156 reduced holdings. 107 funds opened positions while 280 raised stakes. $10.16 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by THOMPSON MATTHEW. Advisory Svcs Network Ltd has invested 0.22% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). The institutional investor held 50,400 shares of the electronic components company at the end of 2017Q4, valued at $5.30M, up from 40,700 at the end of the previous reported quarter. Aperio Grp Llc holds 68,603 shares or 0.04% of its portfolio. 13,701 were reported by Marble Harbor Investment Counsel Ltd. Tributary Cap Mgmt Ltd Liability Corp holds 4,250 shares or 0.06% of its portfolio. Dana Investment Advsr stated it has 0.28% in Adobe Systems Incorporated (NASDAQ:ADBE). Riverhead Cap Ltd Liability reported 0.73% stake.


Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on June, 19. Exxonmobil Invest Management Incorporated Tx owns 78,380 shares or 0.38% of their U.S. portfolio.

Adobe Systems Incorporated (ADBE) stock is Overbought or Oversold? Mu Investments sold 65,000 shares as the company's stock declined 0.29% with the market. Smithfield Tru accumulated 1,412 shares.

According to 2017Q4 Securities and Exchange filling the decrease is 23.4%.

Investors sentiment increased to 1.06 in 2017 Q4. Its down 0.22, from 1.11 in 2017Q3. Canandaigua Bankshares Trust invested in 2,543 shares. 141 funds opened positions while 592 raised stakes. 4,252 are held by Zevin Asset Limited. Kdi Capital Prns Lc accumulated 42,214 shares or 2.94% of the stock. Hanson And Doremus Inv Management holds 977 shares or 0.04% of its portfolio. Signaturefd Ltd owns 1,473 shs. (NYSE:VZ). 7,835 are held by Smithbridge Asset Mngmt De. (NYSE:VZ) for 253,844 shares. Cornerstone Mgmt has 143,579 shs for 0.18% of their capital. (NYSE:V) for 125,000 shares. Bailard owns 33,312 shares. Park Avenue Secs Limited reported 4,207 shares. First Long Island Investors Ltd Co owns 166,024 shares or 2.57% of their U.S. portfolio. In the capital asset pricing model, beta risk is the only kind of risk for which investors should receive an predictable return higher than the risk-free rate of interest. Callahan Advisors Limited reported 1,850 shares.

Among 29 analysts covering Verizon Communications Inc. The rating was maintained by B. Riley & Co on Thursday, October 22 with "Neutral". Therefore 38% are positive. Visa Inc. had 127 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Camping World Holdings, Inc. On Wednesday, September 2 the stock rating was upgraded by Vetr to "Strong-Buy". The stock has "Buy" rating by Piper Jaffray on Friday, December 15. Canaccord Genuity has "Buy" rating and $170 target. The stock has "Buy" rating by Cowen & Co on Wednesday, August 30. As per Friday, September 25, the company rating was upgraded by CLSA. The rating was maintained by Mizuho with "Hold" on Sunday, October 15. RBC Capital Markets maintained the shares of ADBE in report on Friday, December 11 with "Outperform" rating. Cowen & Co maintained Visa Inc. (NYSE:CWH) earned "Neutral" rating by Goldman Sachs on Tuesday, November 1. The stock has "Buy" rating by Cantor Fitzgerald on Thursday, September 28. Loop Capital initiated Ulta Beauty, Inc. (NYSE:V) on Wednesday, October 18 with "Buy" rating. (NYSE:PHM) by 63,298 shares to 513,956 shares, valued at $17.09M in 2017Q4, according to the filing.

Since April 5, 2018, it had 0 insider purchases, and 2 sales for $8.14 million activity. Shares for $338,846 were sold by Lewnes Ann on Wednesday, December 13.

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