Aspiriant Has Cut By $1.04 Million Its Adobe Sys (ADBE) Position; Vmware (VMW)’s Sentiment Is 1.22

December 17, 2017 - By Darrin Black

VMware, Inc. provides virtualization and cloud infrastructure solutions in the United States and internationally. The company has market cap of $49.91 billion. The Company’s virtualization infrastructure solutions includes a suite of services and products designed to deliver a software-defined data center, run on industry-standard desktop computers, servers, and mobile devices; and supports a range of operating system and application environments, as well as networking and storage infrastructures. It has a 44.56 P/E ratio. The firm offers VMware vSphere, a data center platform, which enables users to deploy hypervisor, a layer of software that resides between the operating system and system hardware to enable compute virtualization; storage and availability products that provide data storage and protection options; network and security products; and management and automation products to manage and automate overarching IT processes involved in provisioning IT services and resources to users from initial infrastructure deployment to retirement.

Aspiriant Llc decreased Adobe Sys Inc (ADBE) stake by 74.33% reported in 2017Q2 SEC filing. Aspiriant Llc sold 7,396 shares as Adobe Sys Inc (ADBE)’s stock rose 14.01%. The Aspiriant Llc holds 2,554 shares with $361,000 value, down from 9,950 last quarter. Adobe Sys Inc now has $87.05B valuation. The stock decreased 0.14% or $0.2438 during the last trading session, reaching $176.5862. About 1.50M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since December 17, 2016 and is uptrending. It has outperformed by 25.59% the S&P500.

Since August 9, 2017, it had 0 buys, and 5 insider sales for $2.45 million activity. 6,800 shares were sold by WARNOCK JOHN E, worth $1.18 million on Friday, October 20. Another trade for 1,953 shares valued at $297,032 was sold by Lewnes Ann. 2,190 Adobe Systems Incorporated (NASDAQ:ADBE) shares with value of $379,784 were sold by THOMPSON MATTHEW.

Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on December, 21. They expect $0.96 EPS, up 15.66% or $0.13 from last year’s $0.83 per share. ADBE’s profit will be $473.23M for 45.99 P/E if the $0.96 EPS becomes a reality. After $0.90 actual EPS reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts 6.67% 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 had 132 analyst reports since August 11, 2015 according to SRatingsIntel. Goldman Sachs maintained it with “Neutral” rating and $112 target in Wednesday, September 21 report. The rating was maintained by Wunderlich with “Buy” on Wednesday, June 21. The rating was maintained by Morgan Stanley on Wednesday, September 21 with “Equal-Weight”. The firm earned “Overweight” rating on Wednesday, August 10 by Stephens. The firm has “Buy” rating given on Wednesday, September 20 by Piper Jaffray. As per Wednesday, September 20, the company rating was maintained by Wells Fargo. The rating was maintained by Cowen & Co with “Buy” on Thursday, October 19. The firm has “Overweight” rating by Piper Jaffray given on Tuesday, July 26. The firm has “Buy” rating given on Monday, October 16 by Piper Jaffray. Jefferies maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Thursday, October 19 with “Buy” rating.

Investors sentiment increased to 1.11 in Q2 2017. Its up 0.01, from 1.1 in 2017Q1. It is positive, as 49 investors sold ADBE shares while 326 reduced holdings. 117 funds opened positions while 294 raised stakes. 418.45 million shares or 0.88% less from 422.18 million shares in 2017Q1 were reported. Strs Ohio holds 992,784 shares. Rnc Capital Mngmt Limited Liability Co owns 6,375 shares or 0.07% of their US portfolio. Murphy Cap Mngmt owns 1,877 shares for 0.04% of their portfolio. Sumitomo Mitsui Hldg reported 1.44 million shares or 0.3% of all its holdings. Pinnacle reported 48,632 shares stake. Advisory Services Network Ltd Liability Corp holds 12,320 shares. Utd Fincl Advisers Limited Liability Corporation stated it has 32,864 shares. National Planning has 0.03% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 2,838 shares. Moreover, Tcw Gru has 1.75% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Castleark Mgmt Limited Liability Com holds 0.89% or 193,366 shares in its portfolio. Usca Ria Lc holds 0.05% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 2,571 shares. Moreover, Fic Capital Inc has 7.65% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 131,511 shares. 17,700 were accumulated by Northstar Asset Lc. Endurance Wealth Mngmt Inc reported 0.04% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Tarbox Family Office has invested 0.02% in Adobe Systems Incorporated (NASDAQ:ADBE).

Aspiriant Llc increased Vanguard Bd Index Fd Inc (BSV) stake by 17,143 shares to 57,893 valued at $4.62M in 2017Q2. It also upped Wells Fargo Co New (NYSE:WFC) stake by 9,499 shares and now owns 78,224 shares. Ishares Inc (IEMG) was raised too.

Since January 1, 0001, it had 0 buys, and 4 selling transactions for $2.58 million activity.

Ratings analysis reveals 33% of VMware’s analysts are positive. Out of 9 Wall Street analysts rating VMware, 3 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $66.0 while the high is $92.0. The stock’s average target of $78.20 is -36.83% below today’s ($123.8) share price. VMW was included in 9 notes of analysts from August 30, 2016. The firm has “Buy” rating by SunTrust given on Tuesday, August 30. The stock of VMware, Inc. (NYSE:VMW) has “Market Perform” rating given on Thursday, October 27 by BMO Capital Markets. The stock of VMware, Inc. (NYSE:VMW) earned “Neutral” rating by Goldman Sachs on Wednesday, September 7. As per Friday, October 14, the company rating was maintained by Deutsche Bank. The rating was initiated by Wells Fargo on Wednesday, January 11 with “Market Perform”. Mizuho maintained VMware, Inc. (NYSE:VMW) on Thursday, September 1 with “Neutral” rating. The firm has “Outperform” rating given on Monday, October 31 by Oppenheimer. Citigroup upgraded VMware, Inc. (NYSE:VMW) on Thursday, October 27 to “Buy” rating. On Tuesday, January 24 the stock rating was maintained by Maxim Group with “Hold”.

Cisco Systems Inc. holds 49.78% of its portfolio in VMware, Inc. for 4.33 million shares. Harber Asset Management Llc owns 120,739 shares or 4.34% of their US portfolio. Moreover, Gillespie Robinson & Grimm Inc has 3.01% invested in the company for 253,809 shares. The California-based Bender Robert & Associates has invested 2.45% in the stock. Godsey & Gibb Associates, a Virginia-based fund reported 157,727 shares.

The stock increased 2.10% or $2.55 during the last trading session, reaching $123.8. About 1.93M shares traded or 0.01% up from the average. VMware, Inc. (VMW) has risen 57.35% since December 17, 2016 and is uptrending. It has outperformed by 40.65% the S&P500.

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