Insider Trade: Shantanu Narayen Unloaded 165,023 Shares of Adobe Systems (ADBE); Ecolab (ECL)’s Sentiment Is 1.19

Ecolab Inc. provides water, hygiene, and energy technologies and services for clients worldwide. The company has market cap of $39.91 billion. The firm operates in three divisions: Global Industrial, Global Institutional, and Global Energy. It has a 31.17 P/E ratio. The Global Industrial segment provides water treatment and process applications, and cleaning and sanitizing solutions primarily to large industrial clients within the manufacturing, food and beverage processing, chemical, mining and primary metals, power generation, pulp and paper, and commercial laundry industries.

A well-grounded and judicious transaction was made by the Chairman – President and CEO of Adobe Systems Inc, Mr. Shantanu Narayen, two days ago, when he sold a sizable amount of shares – 165,023, totalling $32,657,135 U.S. Dollars, based on $197.9 for every share. Being a significant trade, it will very likely not go unnoticed. Shantanu Narayen currently owns 0.06% of Adobe Systems Inc’s total market cap with ownership of 299,514 shares.  This insider deal, was made on 26/01/2018. It’s freely obtainable at the SEC’s website and can be seen at this page.

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.01, from 1.1 in 2017Q2. It increased, as 42 investors sold Adobe Systems Incorporated 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. Westfield Cap Mgmt Lp has 729,727 shares for 0.84% of their portfolio. Meridian Investment Counsel has invested 0.66% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). The Texas-based Avalon Lc has invested 0.51% in Adobe Systems Incorporated (NASDAQ:ADBE). Family Capital Tru owns 37.26% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 494,348 shares. Assetmark Inc stated it has 370 shares or 0% of all its holdings. Kelly Lawrence W And Assocs Ca has invested 0.01% in Adobe Systems Incorporated (NASDAQ:ADBE). Peregrine Asset Advisers owns 2.26% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 28,834 shares. United Kingdom-based Hsbc Pcl has invested 0.17% in Adobe Systems Incorporated (NASDAQ:ADBE). Employees Retirement Systems Of Texas reported 208,400 shares. Cornerstone, a Washington-based fund reported 1,237 shares. California-based Blume Mgmt Incorporated has invested 0.03% in Adobe Systems Incorporated (NASDAQ:ADBE). Private Advsrs Inc has 1.85% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 36,271 shares. Dodge And Cox reported 0.01% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Northcoast Asset Mngmt Ltd Llc, a Connecticut-based fund reported 105,171 shares. Federated Investors Inc Pa accumulated 0.06% or 139,847 shares.

Since August 9, 2017, it had 1 buy, and 7 sales for $6.56 million activity. 2,190 Adobe Systems Incorporated (NASDAQ:ADBE) shares with value of $379,784 were sold by THOMPSON MATTHEW. The insider Lewnes Ann sold $297,032. $3.97M worth of stock was sold by GESCHKE CHARLES M on Wednesday, January 10. WARNOCK JOHN E had sold 6,800 shares worth $1.18M on Friday, October 20. 1,125 shares were bought by Banse Amy, worth $199,520 on Monday, December 18.

Adobe Systems Incorporated operates as a diversified software firm worldwide. The company has market cap of $99.23 billion. The Company’s Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. It has a 59.56 P/E ratio. This segmentÂ’s flagship product is Creative Cloud, a subscription service that allows clients to download and install the latest versions of its creative products.

Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on March, 15. They expect $1.06 earnings per share, up 35.90% or $0.28 from last year’s $0.78 per share. ADBE’s profit will be $522.52 million for 47.48 P/E if the $1.06 EPS becomes a reality. After $1.05 actual earnings per share reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts 0.95% EPS growth.

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. Adobe Systems has $235.0 highest and $10 lowest target. $167.20’s average target is -16.94% below currents $201.3 stock price. Adobe Systems had 140 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Wednesday, January 11 by Wells Fargo. The rating was maintained by UBS with “Buy” on Wednesday, June 22. On Wednesday, October 7 the stock rating was maintained by Susquehanna with “Positive”. The firm has “Sector Perform” rating given on Tuesday, August 11 by RBC Capital Markets. On Wednesday, December 13 the stock rating was maintained by Bank of America with “Buy”. The rating was maintained by Canaccord Genuity on Tuesday, January 23 with “Buy”. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Buy” rating by Canaccord Genuity on Thursday, March 31. The firm has “Buy” rating by Deutsche Bank given on Tuesday, December 8. The firm has “Hold” rating given on Friday, September 15 by Credit Suisse. Wunderlich upgraded Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, March 17. Wunderlich has “Buy” rating and $145 target.

The stock increased 1.92% or $3.79 during the last trading session, reaching $201.3. About 2.34 million shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since January 27, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Mcdonald Capital Investors Inc Ca holds 9.83% of its portfolio in Ecolab Inc. for 895,708 shares. C Worldwide Group Holding A S owns 3.77 million shares or 6.89% of their US portfolio. Moreover, Jacobson & Schmitt Advisors Llc has 4.87% invested in the company for 56,854 shares. The United Kingdom-based Impax Asset Management Ltd has invested 4.72% in the stock. Capital Counsel Llc Ny, a New York-based fund reported 401,019 shares.

Ratings analysis reveals 33% of Ecolab’s analysts are positive. Out of 3 Wall Street analysts rating Ecolab, 1 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $98.0 while the high is $143.0. The stock’s average target of $120.50 is -12.78% below today’s ($138.15) share price. ECL was included in 3 notes of analysts from August 22, 2016. The stock has “Outperform” rating by Macquarie Research on Friday, August 26. Longbow downgraded the stock to “Neutral” rating in Wednesday, February 22 report. The stock of Ecolab Inc. (NYSE:ECL) has “Reduce” rating given on Monday, August 22 by Nomura.

Analysts await Ecolab Inc. (NYSE:ECL) to report earnings on February, 20. They expect $1.40 earnings per share, up 12.00% or $0.15 from last year’s $1.25 per share. ECL’s profit will be $404.47M for 24.67 P/E if the $1.40 EPS becomes a reality. After $1.37 actual earnings per share reported by Ecolab Inc. for the previous quarter, Wall Street now forecasts 2.19% EPS growth.

Since January 1, 0001, it had 1 insider buy, and 1 sale for $9.04 million activity.

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