Addenda Capital Has Raised Adobe Sys (ADBE) Position; Rand Capital (RAND) Has 5 Sentiment

February 23, 2018 - By wolcottdaily

Addenda Capital Inc increased Adobe Sys Inc (ADBE) stake by 6.59% reported in 2017Q3 SEC filing. Addenda Capital Inc acquired 2,726 shares as Adobe Sys Inc (ADBE)’s stock rose 14.01%. The Addenda Capital Inc holds 44,112 shares with $6.58M value, up from 41,386 last quarter. Adobe Sys Inc now has $99.60B valuation. The stock increased 0.26% or $0.52 during the last trading session, reaching $202.61. About 1.54 million shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since February 23, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Rand Capital Corporation is a business development firm specializing in venture capital and private equity investments. The company has market cap of $16.31 million. The firm prefers to make investments through equity or debt instruments in early venture, expansion stage, and in small to medium-sized privately held companies. It currently has negative earnings. It generally lends to more mature companies.




Since September 13, 2017, it had 1 buying transaction, and 14 insider sales for $79.49 million activity. $199,520 worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were bought by Banse Amy. The insider DILLON MICHAEL A sold $1.26M. $5.81M worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by Morris Donna. LAMKIN BRYAN sold $5.97 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, January 31. Lewnes Ann had sold 1,953 shares worth $338,846 on Wednesday, December 13. $3.63M worth of stock was sold by Rencher Bradley on Wednesday, January 24. Shares for $379,784 were sold by THOMPSON MATTHEW.

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. Adobe Systems had 140 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was maintained by UBS on Wednesday, September 21 with “Buy”. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Buy” rating by BMO Capital Markets on Thursday, June 8. As per Thursday, October 19, the company rating was maintained by Canaccord Genuity. The stock has “Buy” rating by Stifel Nicolaus on Thursday, October 19. The stock has “Buy” rating by RBC Capital Markets on Sunday, September 3. As per Thursday, October 19, the company rating was maintained by Jefferies. As per Friday, September 18, the company rating was maintained by Jefferies. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Overweight” rating by JP Morgan on Friday, December 11. On Tuesday, August 11 the stock rating was upgraded by RBC Capital Markets to “Sector Perform”. As per Wednesday, February 8, the company rating was maintained by RBC Capital Markets.

Addenda Capital Inc decreased Teck Resources Ltd (NYSE:TCK) stake by 836,775 shares to 331,394 valued at $6.96 million in 2017Q3. It also reduced Stericycle Inc (NASDAQ:SRCL) stake by 5,272 shares and now owns 31,002 shares. Broadcom Ltd was reduced too.

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.01, from 1.1 in 2017Q2. It improved, as 42 investors sold ADBE shares while 327 reduced holdings. 97 funds opened positions while 312 raised stakes. 414.95 million shares or 0.84% less from 418.45 million shares in 2017Q2 were reported. Tru Department Mb State Bank N A reported 57,831 shares. Polar Capital Ltd Liability Partnership reported 275,264 shares or 0.46% of all its holdings. Stevens Capital Mngmt LP owns 8,806 shares. Acadian Asset Management Lc has 0.02% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Private Trust Communications Na has invested 0.16% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Kbc Grp Inc Nv has invested 0.43% in Adobe Systems Incorporated (NASDAQ:ADBE). Twin Tree Lp holds 47,175 shares. Eaton Vance holds 0.32% in Adobe Systems Incorporated (NASDAQ:ADBE) or 834,592 shares. Bw Gestao De Investimentos Ltda holds 25,878 shares or 0.78% of its portfolio. First Personal Financial Serv, a North Carolina-based fund reported 2,455 shares. Jpmorgan Chase & invested in 11.73M shares or 0.38% of the stock. Symphony Asset Management Limited Liability Corporation holds 12,767 shares or 0.21% of its portfolio. Chase Invest Counsel Corp invested 3.39% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Tiger Mgmt Ltd Limited Liability Company has invested 6.09% in Adobe Systems Incorporated (NASDAQ:ADBE). Thompson Davis & Inc reported 157 shares.

The stock decreased 0.38% or $0.0099 during the last trading session, reaching $2.5801. About 5,600 shares traded. Rand Capital Corporation (RAND) has declined 26.23% since February 23, 2017 and is downtrending. It has underperformed by 42.93% the S&P500.

Since January 1, 0001, it had 2 insider purchases, and 0 insider sales for $76,258 activity.

Raffles Associates Lp holds 0.23% of its portfolio in Rand Capital Corporation for 85,000 shares. Associated Banc owns 300,000 shares or 0.05% of their US portfolio. Moreover, Shufro Rose & Co Llc has 0.05% invested in the company for 179,639 shares. The Georgia-based Atlantic Trust Group Llc has invested 0% in the stock. Brown Advisory Inc, a Maryland-based fund reported 30,000 shares.

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