Shelton Capital Management Sells 37022 Shares of Adobe Systems Incorporated (ADBE)

Foundry Partners Llc who had been investing in Adobe Systems Inc for a number of months, seems to be less bullish one the $75.00B market cap company. The stock rose 0.49% or $0.4 reaching $81.34 per share. About 657,111 shares traded.

Adobe Systems Incorporated is a software company.

Jpmorgan Chase & Company decreased Adobe Sys Inc (ADBE) stake by 9.61% reported in 2017Q2 SEC filing. Wells Fargo Mn accumulated 256,531 shares. The institutional investor held 64,670 shares of the prepackaged software company at the end of 2017Q2, valued at $9.15 million, down from 66,825 at the end of the previous reported quarter. The stock increased 0.99% or $1.5 during the last trading session, reaching $153.65. Fiserv Inc (NASDAQ:FISV) has risen 18.57% since October 11, 2016 and is uptrending. It has outperformed by 15.68% the S&P500.

Since May 10, 2017, it had 0 buys, and 2 selling transactions for $614,410 activity.

On September 6, 2017 Moffett Nathanson added ADBE to its research portfolio giving it an initial rating of "Buy".

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Seekingalpha.com which released: "Adobe: Beat-And-Raise Met With Little Enthusiasm" on September 20, 2017, also Seekingalpha.com with their article: "Adobe Moves Closer To Microsoft" published on September 21, 2017, Seekingalpha.com published: "Adobe: Digitally Transformed In The Cloud" on September 22, 2017.

Cabot Wealth Management Inc decreased its stake in Cintas Corp (CTAS) by 5.59% based on its latest 2017Q2 regulatory filing with the SEC. Clinton Group Inc stated it has 0.04% in Adobe Systems Incorporated (NASDAQ:ADBE). Therefore 79% are positive. Fiserv had 41 analyst reports since July 30, 2015 according to SRatingsIntel. BMO Capital Markets has "Buy" rating and $16000 target. The stock has "Sell" rating by Pivotal Research on Monday, June 12. (NYSE:COL) rating on Wednesday, April 19. Five investment analysts have rated the stock with a hold rating and twenty-five have given a buy rating to the company. The rating was maintained by Goldman Sachs on Friday, March 18 with "Neutral". The stock has "Buy" rating by KeyBanc Capital Markets on Wednesday, June 21. As per Thursday, January 14, the company rating was initiated by Dougherty & Company.

Adobe Systems (NASDAQ:ADBE) last released its quarterly earnings results on Tuesday, September 19th. Jefferies has "Hold" rating and $93 target.

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A statistical measure of the dispersion of returns (volatility) for ADBE producing salvation in Investors mouth, it has week volatility of 1.16% and for the month booked as 1.41%. Its up 0.10, from 1 in 2017Q1. During the same quarter past year, the business earned $0.75 earnings per share. 30,246 are owned by Virtus Inv Advisers. BMO Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Thursday, June 8. About 1.64 million shares traded. Bbva Compass Comml Bank Inc has 5,085 shares for 0.05% of their portfolio. 51,129 were reported by Jacobs Ca. Ingalls & Snyder Limited Com has 0.02% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 2,050 shares. Columbia Asset Mgmt reported 13,520 shares stake. The shares were sold at an average price of $150.00, for a total transaction of $1,500,000.00.

Shares of Adobe Systems Incorporated (ADBE) opened at 152.15 on Wednesday.

Baird set a $160.00 target price on Adobe Systems Incorporated (NASDAQ:ADBE) in a research report sent to investors on Friday.

Investors sentiment decreased to 1.04 in Q2 2017. Arrow Financial invested in 0% or 122 shares. It also upped Pegasystems Inc (NASDAQ:PEGA) stake by 60,003 shares and now owns 63,697 shares.

Since May 1, 2017, it had 0 buys, and 4 insider sales for $1.89 million activity. Its down 0.14, from 1.12 in 2017Q1. 110 funds opened positions while 182 raised stakes. Aspiriant Ltd owns 2,554 shares. Holland Cap Management Limited Liability Com invested 1.2% in Dollar General Corp. Tru Department Mb Savings Bank N A stated it has 37,575 shares. Tocqueville Asset Mgmt LP has invested 0% in Lam Research Corporation (NASDAQ:LRCX). Ardevora Asset Llp accumulated 191,000 shares. Connors Investor Serv Inc, Pennsylvania-based fund reported 58,610 shares.

In related news, EVP Ann Lewnes sold 2,233 shares of the business's stock in a transaction dated Wednesday, March 22nd. 586,956 were accumulated by Mar Vista Ltd Liability. Johnson Grp Inc has invested 1.61% of its portfolio in Fiserv Inc (NASDAQ:FISV). Ami Asset, California-based fund reported 166,824 shares. Van Eck holds 145,728 shares or 0.11% of its portfolio. 18,865 are held by Redwood Investments Ltd Liability Com. Natixis Asset reported 7,125 shares.

09/20/2017 - Adobe Systems Incorporated had its "buy" rating reiterated by analysts at Canaccord Genuity. Therefore 27% are positive. Avigilon Corp had 16 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Wednesday, September 21 by UBS. The stock has "Buy" rating by Piper Jaffray on Sunday, August 6. On Friday, September 25 the stock rating was upgraded by CLSA to "Buy". The firm has "Underperform" rating given on Wednesday, September 7 by Wolfe Research. The firm earned "Sector Perform" rating on Friday, August 19 by IBC. Adobe Systems has a consensus rating of "Buy" and a consensus target price of $137.27.

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