Shares of Adobe Systems Incorporated (NASDAQ:ADBE) Sees Large Inflow of Net Money Flow

Adobe Systems Incorporated (NASDAQ:ADBE) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $97.08 with a loss of -0.01 points or -0.01%. The net money flow was $1.85 million and the up/down ratio was 1.14. Approximately $15.34 million was the inflow in upticks and $13.49 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of -1.64%.The shares witnessed a block transaction with a net money flow of $0.8 million. The total money in uptick was $3.41 million and in downtick was $2.61 million with the up/down ratio reaching 1.31.


Currently the company Insiders own 0.43% of Adobe Systems Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -28.28% . Institutional Investors own 90.05% of Adobe Systems Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -30.56%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, Chief Marketing Officer) of Adobe Systems Inc, Lewnes Ann had sold 4,000 shares worth of $397,600 in a transaction dated May 27, 2016. In this transaction, 4,000 shares were sold at $99.4 per share.

Adobe Systems Incorporated (NASDAQ:ADBE) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.13 points or 0.13% at $96.96 with 2,291,495 shares getting traded. Post opening the session at $96.87, the shares hit an intraday low of $96.7 and an intraday high of $98.085 and the price was in this range throughout the day. The company has a market cap of $48,500 million and the number of outstanding shares have been calculated to be 500,209,550 shares. The 52-week high of Adobe Systems Incorporated (NASDAQ:ADBE) is $100.56 and the 52-week low is $71.27.

Many analysts have stated their opinion on the company shares. Major Brokerage house, Dougherty & Company maintains its ratings on Adobe Systems Incorporated (NASDAQ:ADBE). In the latest research report, Dougherty & Company raises the target price from $116 per share to $122 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on April 4, 2016.

Adobe Systems Incorporated (Adobe) is a software company. The Company offers products and services for professionals, marketers, application developers, enterprises and consumers for creating, managing, delivering, optimizing and engaging with content. Adobe markets and licenses its products and services through app stores and its Website The Companys operates in three segments: Digital Marketing, Digital Media, and Print and Publishing. In Digital Media, the Company is engaged in providing tools, services and solutions that enable to create, publish and promote their content. In Digital Marketing, the Company is engaged in providing solutions and services for creating, managing, executing, measuring and optimizing digital advertising and marketing campaigns. Adobes Print and Publishing segment addresses various market opportunities, including eLearning solutions, technical document publishing, Web application development and high-end printing.

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