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

Adobe Systems Incorporated (ADBE) : Adobe Systems Incorporated (ADBE) had a healthy money flow of $3.84 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $14.53 million, whereas, investors only sold shares worth $10.69 million on downticks. The stock closed the day with an up-down ratio of 1.36.The money flow in the block trades to the tune of $3.4 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $5.04 million worth of transactions were on upticks. A paltry $1.65 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 3.06. Adobe Systems Incorporated (ADBE) stock slid $0.19 intraday and traded at 96.96, a change of -0.19% over previous days close. However, for the week, the company shares are 0.17% compared to previous weeks close.


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 -30.71% . Institutional Investors own 90.25% of Adobe Systems Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -36.2%. In an insider trading activity,The Officer (Evp & Gm, Digital Marketing) of ADOBE SYSTEMS INC, Rencher Bradley sold 37,562 shares at $95.46 on July 1, 2016. The Insider selling transaction had a total value worth of $3,585,669. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of Adobe Systems Incorporated rose by 2.97% in the last five trading days and 0.46% for the last 4 weeks. Adobe Systems Incorporated is up 4.41% in the last 3-month period. Year-to-Date the stock performance stands at 3.83%.

Adobe Systems Incorporated (NASDAQ:ADBE): stock turned positive on Tuesday. Though the stock opened at $97.25, the bulls momentum made the stock top out at $97.79 level for the day. The stock recorded a low of $96.7 and closed the trading day at $97.54, in the green by 0.41%. The total traded volume for the day was 2,054,394. The stock had closed at $97.14 in the previous days trading.

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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