Adobe Systems CFO indicator Garrett Sells 2,395 Shares (ADBE)

Adobe Systems (NASDAQ:ADBE) CFO indicator Garrett unloaded 2,395 shares of Adobe Systems pigs in the field of a transaction dated Tuesday, could 6th. The pigs was sold by the side of an run of the mill fee of $61.15, on behalf of a full-blown denomination of $146,454.25. Following the trade, the chief economic police officer straight away openly owns 107 shares of the company’s pigs, valued by the side of approximately $6,543. The transaction was disclosed in the field of a write down filed with the Securities & chat Commission, which can survive accessed through this link.
Adobe Systems (NASDAQ:ADBE) traded down 3.26% for the duration of mid-day trading on Tuesday, hitting $59.44. 3,913,160 shares of the company’s pigs traded hands. Adobe Systems has a 52-week low of $41.91 and a 52-week prohibitive of $71.11. The stock’s 50-day heartbreaking run of the mill is $63.46 and its 200-day heartbreaking run of the mill is $60.93. The company has a sell cap of $29.585 billion and a price-to-earnings ratio of 118.15.
Adobe Systems (NASDAQ:ADBE) keep up issued its monthly balance data on Tuesday, protest 18th. The company reported $0.30 EPS on behalf of the quarter, beating the Thomson Reuters consensus estimate of $0.25 by $0.05. The company had revenue of $1,000.00 million on behalf of the quarter, compared to the consensus estimate of $973.09 million. For the duration of the same quarter in the field of the preceding time, the company posted $0.35 balance for each share. The company’s monthly revenue was down .8% on a year-over-year basis. On run of the mill, analysts predict so as to Adobe Systems determination position $1.16 balance for each share on behalf of the current fiscal time.

A figure of analysts give recently weighed in the field of on ADBE shares. Analysts by the side of Argus raised their fee target on shares of Adobe Systems from $71.00 to $81.00 in the field of a study suggestion on Friday, protest 21st. They straight away give a “buy” rating on the pigs. Singly, analysts by the side of relaxing device reiterated an “outperform” rating on shares of Adobe Systems in the field of a study suggestion on Wednesday, protest 19th. To conclude, analysts by the side of Zacks reiterated a “neutral” rating on shares of Adobe Systems in the field of a study suggestion on Wednesday, protest 19th. They straight away give a $72.00 fee target on the pigs. Single study analyst has rated the pigs with a market rating, five give issued a hold close rating and fifteen give issued a purchase rating to the pigs. The company presently has an run of the mill rating of “Buy” and an run of the mill target fee of $68.80.
Adobe Systems Incorporated (NASDAQ:ADBE) is a diversified software company.

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