Caldwell & Orkin Has Boosted Its Adobe Systems (ADBE) Position by $968,500 as Stock Value Rose; As Stryker (SYK) Shares Rose, Founders Capital Management Has Decreased Holding by $647,378

February 15, 2018 - By Dolores Ford

Founders Capital Management Llc decreased its stake in Stryker Corp (SYK) by 15.2% based on its latest 2017Q3 regulatory filing with the SEC. Founders Capital Management Llc sold 4,559 shares as the company’s stock rose 8.29% with the market. The institutional investor held 25,440 shares of the medical and dental instruments company at the end of 2017Q3, valued at $3.61 million, down from 29,999 at the end of the previous reported quarter. Founders Capital Management Llc who had been investing in Stryker Corp for a number of months, seems to be less bullish one the $58.91 billion market cap company. The stock increased 0.65% or $1.01 during the last trading session, reaching $157.25. About 263,025 shares traded. Stryker Corporation (NYSE:SYK) has risen 24.95% since February 15, 2017 and is uptrending. It has outperformed by 8.25% the S&P500.

Caldwell & Orkin Inc increased its stake in Adobe Systems Inc (ADBE) by 224.14% based on its latest 2017Q3 regulatory filing with the SEC. Caldwell & Orkin Inc bought 6,500 shares as the company’s stock rose 14.01% with the market. The institutional investor held 9,400 shares of the prepackaged software company at the end of 2017Q3, valued at $1.40M, up from 2,900 at the end of the previous reported quarter. Caldwell & Orkin Inc who had been investing in Adobe Systems Inc for a number of months, seems to be bullish on the $98.10 billion market cap company. The stock increased 1.24% or $2.44 during the last trading session, reaching $199.57. About 786,236 shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since February 15, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.




Since September 13, 2017, it had 1 buy, and 14 insider sales for $79.49 million activity. $3.51M worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by DILLON MICHAEL A on Monday, February 5. 1,953 shares valued at $304,434 were sold by Lewnes Ann on Wednesday, September 13. WARNOCK JOHN E sold $1.18M worth of stock or 6,800 shares. Shares for $10.21M were sold by GARRETT MARK. NARAYEN SHANTANU had sold 165,023 shares worth $32.66 million on Wednesday, January 24. Shares for $3.63 million were sold by Rencher Bradley.

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 stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Buy” rating by Robert W. Baird on Thursday, August 31. Stifel Nicolaus maintained the shares of ADBE in report on Thursday, October 19 with “Buy” rating. The stock has “Buy” rating by KeyBanc Capital Markets on Wednesday, October 18. The firm has “Buy” rating given on Wednesday, September 20 by Piper Jaffray. As per Wednesday, October 7, the company rating was maintained by JP Morgan. The firm has “Buy” rating by RBC Capital Markets given on Sunday, July 30. As per Wednesday, February 8, the company rating was maintained by RBC Capital Markets. Stephens maintained the stock with “Buy” rating in Tuesday, January 2 report. Jefferies maintained it with “Buy” rating and $190.0 target in Thursday, October 19 report. The rating was maintained by Canaccord Genuity with “Buy” on Tuesday, August 22.

Caldwell & Orkin Inc, which manages about $128.52 million and $98.28M US Long portfolio, decreased its stake in Aqua America Inc. (NYSE:WTR) by 12,100 shares to 12,300 shares, valued at $408,000 in 2017Q3, according to the filing. It also reduced its holding in Costco Wholesale Corp (NASDAQ:COST) by 3,600 shares in the quarter, leaving it with 2,400 shares, and cut its stake in Coca Cola Co Com (NYSE:KO).

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. Winslow Evans & Crocker holds 6,360 shares or 0.31% of its portfolio. Mirae Asset Global accumulated 292,396 shares or 0.79% of the stock. Louisiana State Employees Retirement System holds 30,800 shares. Wilbanks Smith Thomas Asset Mngmt Lc has invested 0.33% in Adobe Systems Incorporated (NASDAQ:ADBE). Ardsley Advisory Partners has 0.99% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Pettyjohn Wood And White, a Virginia-based fund reported 5,748 shares. Northwest Invest Counselors Ltd Liability reported 350 shares or 0.02% of all its holdings. 330 were accumulated by Adirondack. Dsc Advisors Limited Partnership invested 0.15% in Adobe Systems Incorporated (NASDAQ:ADBE). Quantbot LP reported 0.26% in Adobe Systems Incorporated (NASDAQ:ADBE). Usca Ria Limited Liability Company, Texas-based fund reported 2,571 shares. Shine Invest Advisory Services stated it has 2,583 shares. Pinnacle Assoc Ltd stated it has 47,314 shares or 0.13% of all its holdings. Amp Cap Limited stated it has 0.34% in Adobe Systems Incorporated (NASDAQ:ADBE). Tcw Gp Inc stated it has 1.44 million shares.

Investors sentiment increased to 0.87 in Q3 2017. Its up 0.02, from 0.85 in 2017Q2. It increased, as 52 investors sold SYK shares while 330 reduced holdings. 56 funds opened positions while 275 raised stakes. 275.60 million shares or 0.51% more from 274.21 million shares in 2017Q2 were reported. Calamos Limited reported 0.25% of its portfolio in Stryker Corporation (NYSE:SYK). Jensen Investment Mgmt Inc accumulated 2.47M shares. Foster Dykema Cabot & Ma owns 3,000 shares. Ifrah Financial Ser reported 4,133 shares. United Service Automobile Association has invested 0.15% in Stryker Corporation (NYSE:SYK). Moreover, Blue Financial Inc has 0.55% invested in Stryker Corporation (NYSE:SYK). Farr Miller Washington Limited Liability Dc invested in 3.03% or 223,468 shares. Mutual Of America Mngmt Ltd Liability Corp owns 39,658 shares or 0.09% of their US portfolio. Citizens Northern invested in 1,769 shares or 0.19% of the stock. Family Mngmt Corporation owns 3,600 shares or 0.35% of their US portfolio. Associated Banc has 2,669 shares for 0.02% of their portfolio. 51,729 were accumulated by Sigma Inv Counselors Incorporated. Financial Bank Of America De holds 0.03% of its portfolio in Stryker Corporation (NYSE:SYK) for 1.13M shares. Moreover, Banque Pictet And Cie Sa has 0.02% invested in Stryker Corporation (NYSE:SYK) for 5,350 shares. Aldebaran Finance holds 3,351 shares.

Among 27 analysts covering Stryker Corporation (NYSE:SYK), 18 have Buy rating, 2 Sell and 7 Hold. Therefore 67% are positive. Stryker Corporation had 90 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Tuesday, September 5. The stock of Stryker Corporation (NYSE:SYK) has “Buy” rating given on Friday, October 14 by SunTrust. The firm has “Buy” rating given on Wednesday, January 31 by Stifel Nicolaus. The stock has “Hold” rating by BMO Capital Markets on Monday, July 10. The stock of Stryker Corporation (NYSE:SYK) has “Hold” rating given on Friday, July 28 by Jefferies. The firm earned “Buy” rating on Friday, October 27 by RBC Capital Markets. The rating was maintained by Needham with “Hold” on Friday, November 3. The firm earned “Neutral” rating on Friday, November 13 by Goldman Sachs. The stock has “Buy” rating by RBC Capital Markets on Tuesday, May 30. Canaccord Genuity maintained it with “Buy” rating and $162.0 target in Friday, October 27 report.

Since February 1, 2018, it had 0 buys, and 5 insider sales for $3.44 million activity. Shares for $479,034 were sold by McLean Graham A on Monday, February 5. The insider COX HOWARD E JR sold $1.21M. On Thursday, February 1 FRANCESCONI LOUISE sold $713,655 worth of Stryker Corporation (NYSE:SYK) or 4,347 shares. $214,730 worth of Stryker Corporation (NYSE:SYK) shares were sold by Berry William E Jr.

Founders Capital Management Llc, which manages about $193.00M and $210.28M US Long portfolio, upped its stake in United Parcel Service B (NYSE:UPS) by 3,269 shares to 15,509 shares, valued at $1.86 million in 2017Q3, according to the filing. It also increased its holding in Mckesson Corporation (NYSE:MCK) by 2,240 shares in the quarter, for a total of 39,592 shares, and has risen its stake in A T & T Corp New (NYSE:T).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.