Page 169 - Adbe News Today

HBK Investments L P bought a new position in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,494 shares of the software company’s stock, valued at approximately $681,000. Several other large investors have also bought and […]

Evercore Wealth Management LLC boosted its position in Adobe Inc. (NASDAQ:ADBE – Get Rating) by 7.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 213,617 shares of the software company’s stock after buying an additional 15,336 shares during the quarter. Adobe makes up […]

Sequoia Financial Advisors LLC lifted its position in Adobe Inc. (NASDAQ:ADBE – Get Rating) by 13.7% in the first quarter, HoldingsChannel.com reports. The firm owned 2,899 shares of the software company’s stock after acquiring an additional 349 shares during the period. Sequoia Financial Advisors LLC’s holdings in Adobe were worth $1,321,000 as of its most […]

Adobe Inc. (NASDAQ:ADBE – Get Rating) was the recipient of a large increase in short interest in August. As of August 15th, there was short interest totalling 5,610,000 shares, an increase of 5.3% from the July 31st total of 5,330,000 shares. Currently, 1.2% of the shares of the company are short sold. Based on an […]

Adobe (NASDAQ:ADBE – Get Rating) and SailPoint Technologies (NYSE:SAIL – Get Rating) are both computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, risk, profitability, dividends, valuation, analyst recommendations and institutional ownership. Institutional and Insider Ownership 82.5% of Adobe shares are […]

RDA Financial Network lifted its stake in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) by 11.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 5,552 shares of the software company’s stock after acquiring an additional 578 shares during the period. Adobe makes up 1.1% of RDA […]

Adobe (NASDAQ:ADBE – Get Rating) was downgraded by equities researchers at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a report released on Tuesday, The Fly reports. Several other equities analysts also recently issued reports on ADBE. Wells Fargo & Company cut their price target on shares of Adobe from $525.00 […]

Adobe (NASDAQ:ADBE – Get Rating) had its price objective lowered by Mizuho from $530.00 to $480.00 in a research note issued on Friday, Stock Target Advisor reports. The brokerage presently has a “buy” rating on the software company’s stock. Mizuho’s price objective indicates a potential upside of 31.48% from the company’s current price. Other research […]

Adobe (NASDAQ:ADBE – Get Rating) issued its quarterly earnings results on Thursday. The software company reported $3.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $0.04, RTT News reports. Adobe had a return on equity of 36.47% and a net margin of 29.90%. During the same period in the […]

Adobe (NASDAQ:ADBE – Get Rating) had its target price cut by analysts at Cowen from $550.00 to $520.00 in a report issued on Friday, Stock Target Advisor reports. The brokerage currently has an “outperform” rating on the software company’s stock. Cowen’s target price would indicate a potential upside of 42.43% from the stock’s previous close. […]