The Insider and director of Adobe Systems (ADBE), John Warnock, Sold 5,000 Shares; LIFELINE BIOTECHNOLOGIES (LLBO) Sellers Decreased By 82.74% Their Shorts

March 21, 2018 - By Marie Mckinney

An insider of the company Adobe Systems Inc, John Warnock also its director, disclosed his insider activities with the Security and Exchange Commission on 21-03-2018. As revealed in the document, John had unloaded 5,000 shares of the corporation. The total trade was worth $1,124,723 U.S Dollars. At the time of the sale the price of a share was $224.9. John Warnock presently has ownership of 485,309 shares which are exactly 0.10% of the California-Company’s total market capitalization.

LIFELINE BIOTECHNOLOGIES INC (OTCMKTS:LLBO) had a decrease of 82.74% in short interest. LLBO’s SI was 103,500 shares in March as released by FINRA. Its down 82.74% from 599,700 shares previously. The stock increased 4.00% or $0.0001 during the last trading session, reaching $0.0026. About 397,308 shares traded. Lifeline Biotechnologies, Inc. (OTCMKTS:LLBO) has 0.00% since March 21, 2017 and is . It has underperformed by 16.70% the S&P500.

Lifeline Biotechnologies, Inc. operates as a medical technology firm in the United States. The company has market cap of $7.71 million. The Company’s technologies focus on prevention, early diagnosis, and quick recovery of various diseases. It currently has negative earnings. The firm offers First Warning System, a non-invasive, non-compressive, and non-radiogenic device used in assisting the early discovery of breast tissue abnormalities in women.

The stock decreased 1.26% or $2.9 during the last trading session, reaching $226.85. About 3.57M shares traded or 28.45% up from the average. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since March 21, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Since October 11, 2017, it had 1 buy, and 13 sales for $79.18 million activity. The insider THOMPSON MATTHEW sold 50,775 shares worth $10.16M. Lewnes Ann sold $297,032 worth of stock or 1,953 shares. The insider LAMKIN BRYAN sold 30,000 shares worth $5.97M. Morris Donna had sold 29,404 shares worth $5.81M. The insider GESCHKE CHARLES M sold 21,276 shares worth $3.97M. 18,410 shares were sold by Rencher Bradley, worth $3.63M. Another trade for 54,488 shares valued at $10.21M was made by GARRETT MARK on Tuesday, February 6.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.22, from 1.11 in 2017Q2. It is negative, 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. 21,427 are owned by Gamco Inc Et Al. Northcoast Asset Management Limited Liability owns 105,171 shares. Old National Bancshares In holds 0.1% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 12,315 shares. Fifth Third Comml Bank invested in 32,283 shares. 125,893 were reported by Robeco Institutional Asset Mngmt Bv. Advisor Ltd Co has 8,507 shares for 0.25% of their portfolio. Glenmede Na has invested 0.04% in Adobe Systems Incorporated (NASDAQ:ADBE). Ibm Retirement Fund reported 0.37% in Adobe Systems Incorporated (NASDAQ:ADBE). Mirae Asset Glob Communications Limited reported 0.79% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Point72 Asia (Hong Kong) has 845 shares for 0.09% of their portfolio. Bnp Paribas Asset Mngmt owns 147,416 shares. Alliancebernstein Ltd Partnership reported 3.85 million shares. Blume Management accumulated 320 shares. Northwest Investment Counselors Limited Liability Company reported 350 shares stake. 1.60 million are held by Schwab Charles.

Among 39 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Adobe Systems has $270.0 highest and $10 lowest target. $187.71’s average target is -17.25% below currents $226.85 stock price. Adobe Systems had 156 analyst reports since August 11, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained it with “Overweight” rating and $216 target in Wednesday, November 22 report. The rating was maintained by Argus Research on Monday, December 14 with “Buy”. As per Friday, June 24, the company rating was initiated by Cowen & Co. Morgan Stanley maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, March 16. Morgan Stanley has “Equal-Weight” rating and $235 target. Cowen & Co maintained the stock with “Buy” rating in Thursday, July 27 report. The company was reinitiated on Thursday, April 21 by Credit Suisse. The firm earned “Overweight” rating on Thursday, March 15 by Barclays Capital. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Outperform” rating given on Friday, March 24 by Credit Suisse. JP Morgan maintained the stock with “Overweight” rating in Wednesday, October 7 report. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, August 11.

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