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Vendor Name : ADOBE
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ADOBE Adobe Question Bank

MONECO Advisors LLC Has $213,000 stock Holdings in Adobe Inc. (NASDAQ:ADBE) | 9A0-029 Real test Questions and test Questions

MONECO Advisors LLC multiplied its stake in shares of Adobe Inc. (NASDAQ:ADBE) by means of 5.9% in the fourth quarter, Holdings Channel.com experiences. The company owned 451 shares of the application company’s stock after buying an additional 25 shares during the quarter. MONECO Advisors LLC’s holdings in Adobe were worth $213,000 at the conclusion of probably the most fresh reporting period.

a few different hedge funds additionally currently brought to or reduced their stakes within the stock. Blue Zone Wealth Advisors LLC expanded its place in Adobe with the aid of 22.four% all through the 4th quarter. Blue Zone Wealth Advisors LLC now owns 1,a hundred ninety shares of the software company’s inventory value $595,000 after purchasing an further 218 shares within the remaining quarter. Evanson Asset management LLC elevated its position in Adobe through fifty eight.6% right through the 4th quarter. Evanson Asset management LLC now owns 2,079 shares of the application enterprise’s stock worth $1,040,000 after purchasing an further 768 shares in the ultimate quarter. Hotaling funding administration LLC elevated its position in Adobe via forty six.5% right through the 4th quarter. Hotaling funding administration LLC now owns four,862 shares of the utility enterprise’s inventory value $2,432,000 after paying for an extra 1,544 shares within the ultimate quarter. Cadinha & Co. LLC improved its position in Adobe via 44.7% during the 4th quarter. Cadinha & Co. LLC now owns 12,677 shares of the utility business’s stock value $6,340,000 after purchasing an further 3,918 shares in the ultimate quarter. at last, Clearview Wealth Advisors LLC got a brand new position in Adobe throughout the 4th quarter worth approximately $156,000. Institutional buyers and hedge cash own eighty two.43% of the business’s stock.

ADBE opened at $472.forty four on Friday. Adobe Inc. has a 1-12 months low of $255.13 and a 1-yr high of $536.88. The enterprise has a existing ratio of 1.48, a short ratio of 1.44 and a debt-to-fairness ratio of 0.31. The enterprise has a market cap of $226.64 billion, a P/E ratio of 43.58, a cost-to-profits-increase ratio of two.55 and a beta of 0.ninety seven. The business has a fifty day moving standard expense of $485.03 and a two-hundred day relocating standard expense of $474.ninety six.

Adobe (NASDAQ:ADBE) last posted its quarterly profits effects on Wednesday, December 9th. The utility business said $2.eighty one revenue per share for the quarter, beating the consensus estimate of $2.sixty six by way of $0.15. Adobe had a internet margin of 40.88% and a return on fairness of 35.eighty one%. The company had income of $3.42 billion throughout the quarter, in comparison to the consensus estimate of $3.36 billion. all over the equal length in the previous year, the enterprise posted $2.29 salary per share. The company’s revenue was up 14.four% compared to the same quarter ultimate 12 months. On common, analysis analysts forecast that Adobe Inc. will put up 9.forty seven EPS for the current fiscal 12 months.

Adobe introduced that its board has authorized a inventory repurchase program on Thursday, December tenth that allows the company to buyback $15.00 billion in shares. This buyback authorization permits the software company to repurchase up to six.6% of its shares through open market purchases. Shares buyback programs are customarily an illustration that the company’s board of administrators believes its inventory is undervalued.

ADBE has been the area of a few fresh research experiences. Stifel Nicolaus initiated insurance on shares of Adobe in a research file on Friday, January 15th. They issued a “purchase” rating for the enterprise. Oppenheimer initiated coverage on shares of Adobe in a research record on Friday, December eleventh. They issued a “purchase” rating and a $550.00 fee goal for the business. BMO Capital Markets upped their price goal on shares of Adobe from $560.00 to $570.00 and gave the company an “outperform” score in a analysis report on Friday, December 11th. Royal financial institution of Canada upped their expense goal on shares of Adobe from $570.00 to $575.00 and gave the enterprise an “outperform” score in a analysis document on Friday, December 11th. at last, credit Suisse neighborhood upped their price goal on shares of Adobe from $560.00 to $575.00 and gave the company an “outperform” rating in a analysis record on Friday, December 11th. One analysis analyst has rated the stock with a sell score, three have issued a cling ranking and twenty-three have assigned a purchase rating to the business. Adobe has a consensus ranking of “buy” and a consensus goal fee of $523.fifty eight.

In other Adobe information, EVP Scott Belsky bought 600 shares of Adobe stock in a transaction on Monday, November sixteenth. The shares have been offered at a regular fee of $459.seventy nine, for a total value of $275,874.00. Following the completion of the sale, the executive vice chairman now without delay owns 10,016 shares of the business’s stock, valued at $4,605,256.64. The transaction become disclosed in a criminal submitting with the SEC, which is available at the SEC website. additionally, CAO Mark S. Garfield bought 948 shares of Adobe inventory in a transaction on Monday, December 14th. The shares were bought at an average rate of $475.61, for a total transaction of $450,878.28. Following the completion of the sale, the chief accounting officer now directly owns 178 shares of the enterprise’s stock, valued at $eighty four,658.58. The disclosure for this sale can be discovered here. Over the closing ninety days, insiders bought eight,748 shares of enterprise stock valued at $four,123,662. Insiders personal 0.31% of the business’s inventory.

Adobe enterprise Profile

Adobe Inc operates as a diverse utility enterprise global. Its Digital Media phase gives tools and solutions that enable individuals, teams, and companies to create, submit, promote, and monetize their digital content. Its flagship product is creative Cloud, a subscription provider that enables customer to obtain and access the latest versions of its creative items.

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need to see what different hedge dollars are protecting ADBE? seek advice from HoldingsChannel.com to get the latest 13F filings and insider trades for Adobe Inc. (NASDAQ:ADBE).

Institutional Ownership by Quarter for Adobe (NASDAQ:ADBE)

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