The Insider, Ann Lewnes Unloaded 2,945 Shares of Adobe Systems (ADBE); Gmt Capital Lifted Now (DNOW) Position

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Gmt Capital Corp increased Now Inc (DNOW) stake by 8.23% reported in 2018Q1 SEC filing. Gmt Capital Corp acquired 209,000 shares as Now Inc (DNOW)’s stock rose 38.19%. The Gmt Capital Corp holds 2.75M shares with $28.09M value, up from 2.54M last quarter. Now Inc now has $1.43 billion valuation. The stock decreased 4.14% or $0.57 during the last trading session, reaching $13.2. About 1.46 million shares traded or 1.12% up from the average. NOW Inc. (NYSE:DNOW) has declined 17.42% since June 21, 2017 and is downtrending. It has underperformed by 29.99% the S&P500. Some Historical DNOW News: 02/05/2018 – NOW 1Q EPS 2c; 07/05/2018 – NOW Inc at Wells Fargo Industrials Conference Tomorrow; 02/05/2018 – NOW INC 1Q ADJ EPS 1C, EST. LOSS/SHR 2C; 02/05/2018 – NOW 1Q Rev $764M; 26/04/2018 – NOW Inc Presenting at Wells Fargo Industrials Conference May 8; 11/05/2018 – Cove Street Capital Buys New 1.6% Position in NOW Inc; 23/04/2018 DJ NOW Inc, Inst Holders, 1Q 2018 (DNOW); 14/05/2018 – NOW Inc at Company Marketing Hosted By Stephens Inc. Today; 08/05/2018 – NOW Inc Conference Set By Tudor Pickering & Co for May. 15-16; 02/05/2018 – NOW INC 1Q REV. $764M, EST. $719.8M

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Seekingalpha.com which released: “Adobe: Strong Growth Is Inevitable” on June 19, 2018, also Seekingalpha.com with their article: “Adobe Systems: Financial Headwinds Ahead” published on June 18, 2018, Nasdaq.com published: “Salesforce.com Is Winning Big With Its Recent Investments” on June 21, 2018. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Nasdaq.com and their article: “How Adobe Crushed Its Own Targets — Again” published on June 21, 2018 as well as Thestreet.com‘s news article titled: “Adobe Is Still a Cloud King” with publication date: June 15, 2018.

Among 39 analysts covering Adobe Systems (NASDAQ:ADBE), 28 have Buy rating, 0 Sell and 11 Hold. Therefore 72% are positive. Adobe Systems has $280 highest and $10 lowest target. $198.87’s average target is -20.08% below currents $248.83 stock price. Adobe Systems had 165 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Buy” rating by Piper Jaffray given on Wednesday, September 20. As per Friday, March 18, the company rating was maintained by Citigroup. Rosenblatt maintained the stock with “Buy” rating in Friday, June 15 report. On Wednesday, January 6 the stock rating was maintained by Credit Suisse with “Neutral”. The rating was maintained by Jefferies with “Buy” on Wednesday, January 24. As per Friday, December 11, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by Cowen & Co on Wednesday, September 20 with “Buy”. The stock has “Neutral” rating by JP Morgan on Friday, June 15. The firm has “Neutral” rating by Credit Suisse given on Wednesday, September 21. As per Wednesday, March 23, the company rating was maintained by Deutsche Bank.

Adobe Systems Incorporated operates as a diversified software firm worldwide. The company has market cap of $122.54 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 57.35 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.

Ann Lewnes, EVP – Chief Marketing Officer of Adobe Systems Inc is the insider, our team want to report transactions for. Mr. Ann submitted a report with the U.S. Security & Exchange Commission disclosing a transaction for 2,945 shares of the ‘s company, the one she is an insider in. At the time of the legal trading transaction, the average market share price of Adobe Systems Inc was $253.5, making the insider sale worth $746,558 U.S. Dollars. she today holds 0.01% of the market capitalization of the Company.

Since January 10, 2018, it had 0 buys, and 17 insider sales for $89.16 million activity. DILLON MICHAEL A also sold $1.26M worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares. $10.16 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by THOMPSON MATTHEW. 54,488 Adobe Systems Incorporated (NASDAQ:ADBE) shares with value of $10.21 million were sold by GARRETT MARK. Rencher Bradley sold $3.63 million worth of stock. WARNOCK JOHN E also sold $3.03 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Thursday, March 29. $3.59 million worth of stock was sold by GESCHKE CHARLES M on Friday, April 20. $696,048 worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by Lewnes Ann on Wednesday, May 16.

The stock decreased 0.96% or $2.41 during the last trading session, reaching $248.83. About 2.32 million shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 70.50% since June 21, 2017 and is uptrending. It has outperformed by 57.93% the S&P500. Some Historical ADBE News: 27/03/2018 – Publicis Groupe Named 2018 Adobe Experience Cloud Partner of the Year; 05/04/2018 – Adobe Appoints John Murphy Chief Financial Officer; 26/03/2018 – Barron’s: Adobe: Some Serious Risks Lurk in JMP’s Sudden Downgrade; 27/03/2018 – Adobe Announces Significant Partner Momentum at Summit 2018; 27/03/2018 – Infogroup Announces Data Integration with Adobe Audience Marketplace; 27/03/2018 – ADOBE PREDICTS BOOST FROM LARGE GROWTH IN CREATIVE JOBS; 20/04/2018 – DJ Adobe Systems Incorporated, Inst Holders, 1Q 2018 (ADBE); 03/05/2018 – Investor Advisory: Adobe Announces Webcasts of Investor Conference Participation; 21/05/2018 – ADOBE SYSTEMS INC – DEAL FOR FOR $1.68 BLN; 16/03/2018 – ADOBE SYSTEMS INC ADBE.O : MORGAN STANLEY RAISES TARGET PRICE TO $235 FROM $193

Investors sentiment increased to 0.9 in 2018 Q1. Its up 0.01, from 0.89 in 2017Q4. It is positive, as 35 investors sold Adobe Systems Incorporated shares while 418 reduced holdings. 136 funds opened positions while 271 raised stakes. 405.65 million shares or 1.16% less from 410.42 million shares in 2017Q4 were reported. Exane Derivatives holds 470 shares. Cambridge Advisors Inc accumulated 1,076 shares or 0.08% of the stock. Moreover, Middleton & Incorporated Ma has 1.29% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 33,221 shares. Triangle Wealth Mgmt reported 6,704 shares stake. Kentucky Retirement Sys Insur Tru Fund reported 11,254 shares. Sands Mngmt Limited Liability Corp invested in 4.88M shares or 3.12% of the stock. Covington Mngmt invested in 0.08% or 5,477 shares. Ingalls And Snyder Limited Liability Corporation reported 0.01% stake. Bowling Port Management Ltd Llc stated it has 23,003 shares or 0.68% of all its holdings. 18,238 were reported by Regions Corp. Guardian Cap L P, Ontario – Canada-based fund reported 1,418 shares. Motley Fool Asset Limited Liability holds 0.14% in Adobe Systems Incorporated (NASDAQ:ADBE) or 4,570 shares. New York-based Capital Counsel Ny has invested 0.08% in Adobe Systems Incorporated (NASDAQ:ADBE). Crestwood Advisors Gp Lc holds 0.07% or 4,289 shares. Germany-based Deutsche Bancorp Ag has invested 0.21% in Adobe Systems Incorporated (NASDAQ:ADBE).

Among 11 analysts covering Now Inc (NYSE:DNOW), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Now Inc had 46 analyst reports since August 6, 2015 according to SRatingsIntel. Seaport Global downgraded the stock to “Neutral” rating in Wednesday, June 21 report. The firm earned “Buy” rating on Thursday, February 15 by Seaport Global. The firm earned “Buy” rating on Friday, September 15 by KeyBanc Capital Markets. Seaport Global upgraded the stock to “Buy” rating in Thursday, May 4 report. The firm has “Overweight” rating by KeyCorp given on Monday, May 29. The stock of NOW Inc. (NYSE:DNOW) has “Buy” rating given on Wednesday, February 14 by Stephens. The firm earned “Sector Weight” rating on Friday, December 18 by KeyBanc Capital Markets. Stifel Nicolaus maintained the shares of DNOW in report on Tuesday, January 16 with “Buy” rating. The firm earned “Overweight” rating on Thursday, February 15 by KeyBanc Capital Markets. The rating was maintained by Robert W. Baird with “Buy” on Monday, October 9.

Since March 6, 2018, it had 1 insider buy, and 0 insider sales for $300,061 activity. 28,550 shares valued at $300,061 were bought by WORKMAN ROBERT R on Tuesday, March 6.

Gmt Capital Corp decreased Arrow Electrs Inc (NYSE:ARW) stake by 166,800 shares to 1.12M valued at $86.36M in 2018Q1. It also reduced Helix Energy Solutions Grp I (NYSE:HLX) stake by 2.17 million shares and now owns 4.51M shares. Cemex Sab De Cv (NYSE:CX) was reduced too.

Investors sentiment increased to 1.12 in 2018 Q1. Its up 0.03, from 1.09 in 2017Q4. It is positive, as 25 investors sold DNOW shares while 65 reduced holdings. 25 funds opened positions while 76 raised stakes. 122.56 million shares or 4.53% more from 117.25 million shares in 2017Q4 were reported. 184,482 are owned by Natixis Advisors Lp. Cls Investments Ltd Liability Com has 0.36% invested in NOW Inc. (NYSE:DNOW) for 1.10M shares. 25 are owned by Mark Sheptoff Planning Ltd. Proshare Advsrs Ltd Liability Corporation holds 23,636 shares. Glenmede Trust Communication Na holds 4,824 shares or 0% of its portfolio. Wellington Management Ltd Liability Partnership stated it has 95,107 shares. The United Kingdom-based Barclays Public Ltd Company has invested 0% in NOW Inc. (NYSE:DNOW). Bb&T Securities Ltd Liability reported 29,328 shares stake. Moreover, Parallax Volatility Advisers LP has 0% invested in NOW Inc. (NYSE:DNOW). Citadel Advsrs Limited Com has 0% invested in NOW Inc. (NYSE:DNOW) for 321,449 shares. Tci Wealth Advisors reported 0% stake. Ubs Asset Americas Inc has invested 0% in NOW Inc. (NYSE:DNOW). Schwab Charles Mngmt reported 1.44 million shares stake. Investmentaktiengesellschaft Fuer Langfristige Investoren Tgv holds 0.82% or 495,000 shares. Fuller Thaler Asset Mgmt Inc invested 0.09% in NOW Inc. (NYSE:DNOW).

NOW Inc. (NYSE:DNOW) Institutional Positions Chart