Adobe Systems Incorporated (ADBE) : The total money flow in Adobe Systems Incorporated (ADBE) was negative ($6.74 million), showing the domination of sellers in the Monday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $23.79 million. Transactions on upticks were comparatively lower at $17.05 million. The uptick to downtick ratio was 0.72. The total block trades done on upticks were valued at $3.01 million. The total block trades on downticks were valued at $6.85 million. The uptick to the downtick ratio of block trades was 0.44. The money flow during block trades was negative ($3.84 million) when the stock traded with a gain of $2 cent. Adobe Systems Incorporated (ADBE) was $101.06, an increase of 0.02% over the previous days close.
Shares of Adobe Systems Incorporated rose by 2.48% in the last five trading days and 3.17% for the last 4 weeks. Adobe Systems Incorporated is up 3.81% in the last 3-month period. Year-to-Date the stock performance stands at 7.44%.
Adobe Systems Incorporated (NASDAQ:ADBE): The stock opened at $101.38 on Monday but the bulls could not build on the opening and the stock topped out at $101.63 for the day. The stock traded down to $100.88 during the day, due to lack of any buying support eventually closed down at $100.93 with a loss of -0.11% for the day. The stock had closed at $101.04 on the previous day. The total traded volume was 1,697,642 shares.
In a related news, The Securities and Exchange Commission has divulged that Morris Donna, officer (EVP, Cust. & Emp. Experience) of Adobe Systems Inc, had unloaded 10,000 shares at an average price of $100 in a transaction dated on August 10, 2016. The total value of the transaction was worth $1,000,000.
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 www.adobe.com. 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.