R-G Niederhoffer Capital Management Position in Adobe Systems (ADBE) Has Trimmed as Valuation Declined; Jasper Ridge Partners LP Raised Facebook (FB) Position by $1.56 Million

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Jasper Ridge Partners Lp increased its stake in Facebook Inc (FB) by 199.2% based on its latest 2018Q3 regulatory filing with the SEC. Jasper Ridge Partners Lp bought 9,512 shares as the company’s stock declined 13.60% with the market. The hedge fund held 14,287 shares of the technology company at the end of 2018Q3, valued at $2.35 million, up from 4,775 at the end of the previous reported quarter. Jasper Ridge Partners Lp who had been investing in Facebook Inc for a number of months, seems to be bullish on the $474.59B market cap company. The stock decreased 0.62% or $1.04 during the last trading session, reaching $166.29. About 5.66M shares traded. Facebook, Inc. (NASDAQ:FB) has declined 21.26% since February 11, 2018 and is downtrending. It has underperformed by 21.26% the S&P500. Some Historical FB News: 08/05/2018 – Facebook is implementing a massive product reorganization WhatsApp, Messenger and the core Facebook apps are all getting new leaders; 10/05/2018 – FCC says ‘net neutrality’ rules will end in June; 04/04/2018 – Facebook founder and CEO Mark Zuckerberg will testify before Congress next week on the social media site’s privacy policies in the wake of the Cambridge Analytica data scandal; 14/05/2018 – FACEBOOK SAYS APP INVESTIGATION ‘IN FULL SWING’; 08/03/2018 – ZeroBounce Provides Marketers with Solution Amidst Facebook Usage Decline; 15/05/2018 – Facebook reports progress in addressing hate speech; 19/03/2018 – U.S. Senate advances bill to penalize websites for sex trafficking; 20/03/2018 – JUST IN: U.S. Federal Trade Commission is probing Facebook over use of personal data – report; 19/03/2018 – REPUBLICAN SENATOR JOHN KENNEDY JOINS DEMOCRAT KLOBUCHAR IN ASKING FOR TECH CEO HEARING AFTER NEWS OF ALLEGED MISUSE OF FACEBOOK DATA BY CAMBRIDGE ANALYTICA; 23/03/2018 – Zuckerberg Takes Steps to Calm Facebook Employees

R-G Niederhoffer Capital Management Inc decreased its stake in Adobe Systems Inc (ADBE) by 73.17% based on its latest 2018Q3 regulatory filing with the SEC. R-G Niederhoffer Capital Management Inc sold 3,000 shares as the company’s stock declined 8.02% with the market. The hedge fund held 1,100 shares of the prepackaged software company at the end of 2018Q3, valued at $297,000, down from 4,100 at the end of the previous reported quarter. R-G Niederhoffer Capital Management Inc who had been investing in Adobe Systems Inc for a number of months, seems to be less bullish one the $126.08 billion market cap company. The stock increased 0.58% or $1.5 during the last trading session, reaching $258.5. About 1.22 million shares traded. Adobe Inc. (NASDAQ:ADBE) has risen 39.79% since February 11, 2018 and is uptrending. It has outperformed by 39.79% the S&P500. Some Historical ADBE News: 28/03/2018 – Adobe and NVIDIA Announce Partnership to Deliver New Al Services for Creativity and Digital Experiences; 28/03/2018 – Adobe Steps Up AI-Powered Marketing to Take on Rivals (Correct); 13/03/2018 – lnvoca Becomes Premier Level Partner In Adobe Exchange Partner Program; 27/03/2018 – SnapLogic Announces Integration with Adobe Cloud Platform to Close the Customer Experience Gap; 29/03/2018 – Adobe Company Marketing Scheduled By Stephens Inc. for Apr. 5; 21/05/2018 – Adobe To Acquire Magento Commerce; 27/03/2018 – Cloudwords introduces Adobe Experience Manager 6.4 integration available in Cloudwords Marketplace; 27/03/2018 – ADOBE TOUTS USE OF AI TO BUY SEARCH, DISPLAY AND VIDEO ADS; 27/03/2018 – ADOBE TO BOOST MARKETING ANALYTICS WITH MORE APP INTEGRATIONS; 27/03/2018 – HS2 Solutions Receives Adobe Emerging Partner of the Year Award for 2017 at Adobe Summit

Among 41 analysts covering Adobe Systems (NASDAQ:ADBE), 27 have Buy rating, 0 Sell and 14 Hold. Therefore 66% are positive. Adobe Systems had 185 analyst reports since August 11, 2015 according to SRatingsIntel. Canaccord Genuity maintained it with “Buy” rating and $16500 target in Tuesday, June 20 report. On Friday, June 16 the stock rating was maintained by Morgan Stanley with “Hold”. As per Tuesday, January 23, the company rating was maintained by Bernstein. Cowen & Co maintained the stock with “Buy” rating in Thursday, October 19 report. Argus Research maintained Adobe Inc. (NASDAQ:ADBE) on Monday, September 17 with “Buy” rating. The firm earned “Outperform” rating on Friday, March 16 by Credit Suisse. The company was downgraded on Monday, October 16 by Deutsche Bank. The stock of Adobe Inc. (NASDAQ:ADBE) has “Buy” rating given on Monday, October 16 by Piper Jaffray. On Monday, December 11 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by Cowen & Co with “Buy” on Thursday, July 27.

More notable recent Adobe Inc. (NASDAQ:ADBE) news were published by: Nasdaq.com which released: “Adobe Breaks Above 200-Day Moving Average – Bullish for ADBE – Nasdaq” on January 17, 2019, also Nasdaq.com with their article: “Adobe Systems (ADBE) to Report Q4 Earnings: What’s in Store? – Nasdaq” published on December 10, 2018, Seekingalpha.com published: “Adobe considers chipmaking – Axios – Seeking Alpha” on February 06, 2019. More interesting news about Adobe Inc. (NASDAQ:ADBE) were released by: Seekingalpha.com and their article: “Why I Raised My Bet On Adobe – Seeking Alpha” published on January 29, 2019 as well as Nasdaq.com‘s news article titled: “QQQ, INTC, CSCO, ADBE: Large Outflows Detected at ETF – Nasdaq” with publication date: January 30, 2019.

Analysts await Adobe Inc. (NASDAQ:ADBE) to report earnings on March, 21. They expect $1.26 EPS, down 1.56% or $0.02 from last year’s $1.28 per share. ADBE’s profit will be $614.53M for 51.29 P/E if the $1.26 EPS becomes a reality. After $1.50 actual EPS reported by Adobe Inc. for the previous quarter, Wall Street now forecasts -16.00% negative EPS growth.

Investors sentiment increased to 0.98 in Q3 2018. Its up 0.01, from 0.97 in 2018Q2. It increased, as 40 investors sold ADBE shares while 419 reduced holdings. 134 funds opened positions while 316 raised stakes. 386.22 million shares or 3.00% less from 398.19 million shares in 2018Q2 were reported. Ls Invest Advsrs Limited Liability owns 15,823 shares. Renaissance Grp Ltd Llc reported 1.11% stake. Mackenzie Corporation holds 30,772 shares or 0.02% of its portfolio. Fdx Inc holds 0.3% of its portfolio in Adobe Inc. (NASDAQ:ADBE) for 29,545 shares. The New York-based Tiaa Cref Invest Management Limited Company has invested 0.53% in Adobe Inc. (NASDAQ:ADBE). Coastline Tru Communication holds 27,325 shares or 1.06% of its portfolio. Brown Brothers Harriman And holds 4,282 shares. Quantbot Techs LP invested in 0.14% or 7,572 shares. Tarbox Family Office Inc has invested 0.02% in Adobe Inc. (NASDAQ:ADBE). Friess Associate Ltd Liability Company has invested 1.08% in Adobe Inc. (NASDAQ:ADBE). Cohen & Steers holds 28,762 shares or 0.02% of its portfolio. Savant Limited Company has 3,349 shares. 98,969 are held by Tiverton Asset Mgmt Ltd Liability Company. Trust Of Vermont invested in 4,265 shares. Forte Cap Limited Com Adv owns 36,046 shares for 3.5% of their portfolio.

Since August 15, 2018, it had 2 insider buys, and 12 insider sales for $103.62 million activity. THOMPSON MATTHEW sold $10.19M worth of Adobe Inc. (NASDAQ:ADBE) on Thursday, January 24. Ricks David A bought $16,244 worth of stock. Parasnis Abhay sold 25,000 shares worth $6.00 million. $34.32 million worth of Adobe Inc. (NASDAQ:ADBE) was sold by NARAYEN SHANTANU. Another trade for 2,692 shares valued at $608,539 was made by Lewnes Ann on Wednesday, December 19. Rencher Bradley also sold $7.39M worth of Adobe Inc. (NASDAQ:ADBE) on Thursday, January 31.

Since August 13, 2018, it had 0 buys, and 49 sales for $482.80 million activity. 407,000 Facebook, Inc. (NASDAQ:FB) shares with value of $72.06 million were sold by Zuckerberg Mark. The insider Taylor Susan J.S. sold $294,835. Stretch Colin had sold 750 shares worth $132,075 on Wednesday, August 29. Sandberg Sheryl also sold $7.75M worth of Facebook, Inc. (NASDAQ:FB) on Monday, December 10. On Tuesday, November 13 the insider Schroepfer Michael Todd sold $5.45M. Another trade for 3,125 shares valued at $509,438 was sold by FISCHER DAVID B..

Among 57 analysts covering Facebook (NASDAQ:FB), 48 have Buy rating, 2 Sell and 7 Hold. Therefore 84% are positive. Facebook had 315 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Wednesday, October 31. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Wednesday, October 11 by RBC Capital Markets. The firm has “Buy” rating by Argus Research given on Friday, April 27. On Thursday, February 1 the stock rating was maintained by Credit Suisse with “Buy”. Canaccord Genuity maintained Facebook, Inc. (NASDAQ:FB) on Tuesday, January 2 with “Buy” rating. Stifel Nicolaus maintained Facebook, Inc. (NASDAQ:FB) on Friday, July 20 with “Buy” rating. KeyBanc Capital Markets maintained it with “Overweight” rating and $215 target in Thursday, July 26 report. As per Thursday, November 3, the company rating was maintained by Cowen & Co. The rating was maintained by Credit Suisse on Monday, July 16 with “Outperform”. The firm earned “Buy” rating on Thursday, November 3 by Mizuho.

Investors sentiment increased to 1.13 in Q3 2018. Its up 0.04, from 1.09 in 2018Q2. It increased, as 123 investors sold FB shares while 598 reduced holdings. 154 funds opened positions while 661 raised stakes. 1.61 billion shares or 3.39% less from 1.66 billion shares in 2018Q2 were reported. Decatur Capital Management invested in 68,073 shares or 2.58% of the stock. Moreover, Kessler Invest Group Ltd Limited Liability Company has 5.77% invested in Facebook, Inc. (NASDAQ:FB). Vident Invest Advisory Ltd Liability Corporation holds 32,697 shares or 0.21% of its portfolio. Route One Investment Comm LP holds 7.05% or 1.33M shares in its portfolio. Cwm Ltd Llc owns 40,850 shares or 0.17% of their US portfolio. Taylor Asset Management Inc holds 108,700 shares or 8.18% of its portfolio. Clearbridge Invests has 0.91% invested in Facebook, Inc. (NASDAQ:FB) for 6.42 million shares. New York-based Bbr Partners Llc has invested 0.16% in Facebook, Inc. (NASDAQ:FB). Contravisory Investment Mngmt owns 79 shares for 0% of their portfolio. 442,516 are held by Utah Retirement. Homrich & Berg has 0.1% invested in Facebook, Inc. (NASDAQ:FB) for 10,070 shares. Augustine Asset Inc reported 0.24% in Facebook, Inc. (NASDAQ:FB). 8,036 are owned by Heritage Wealth. Centaur Capital Prtnrs Limited Partnership has invested 8.06% in Facebook, Inc. (NASDAQ:FB). Horseman Capital Mgmt Ltd holds 65,100 shares.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Nasdaq.com which released: “Facebook (FB) Q4 Earnings Preview: Monthly Active Users, Revenue & More – Nasdaq” on January 29, 2019, also Nasdaq.com with their article: “After Hours Most Active for Jan 30, 2019 : CZR, FB, MSFT, AMD, MO, INTC, MCHI, LVS, F, BAC, TAK, BABA – Nasdaq” published on January 30, 2019, Seekingalpha.com published: “Facebook sheds gains alongside report alleging account fakery – Seeking Alpha” on January 24, 2019. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Nasdaq.com and their article: “Earnings Preview: Facebook (FB) Q4 Earnings Expected to Decline – Nasdaq” published on January 23, 2019 as well as Seekingalpha.com‘s news article titled: “Facebook: Ride It Higher – Seeking Alpha” with publication date: February 04, 2019.

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