Shares of Adobe Systems Incorporated (NASDAQ:ADBE) Sees Large Inflow of Net Money Flow

Adobe Systems Incorporated (NASDAQ:ADBE) dropped by -1.38 or -1.34 points during the last session to $95.85 per share. One of the highlights of the day was the net money flow figure, which stood at $42.18 million even as the stock accepted $70.07 million in upticks but rejected $27.89 million in downticks. The up/down ratio for the last observation was a 2.51. The 1-week percentage change for the stock price is registered at -1.28%.A block transaction occurred with $45.42 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $45.42 million at the end of the block trade.

Adobe Systems Incorporated has lost 1.56% in the last five trading days and dropped 1.16% in the last 4 weeks. Adobe Systems Incorporated is up 2.31% in the last 3-month period. Year-to-Date the stock performance stands at 1.75%.

Currently the company Insiders own 0.43% of Adobe Systems Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -28.28% . Institutional Investors own 90.05% of Adobe Systems Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -30.56%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Lewnes Ann, officer (EVP, Chief Marketing Officer) of Adobe Systems Inc, had unloaded 4,000 shares at an average price of $99.4 in a transaction dated on May 27, 2016. The total value of the transaction was worth $397,600.

Adobe Systems Incorporated (NASDAQ:ADBE) witnessed a decline in the market cap on Friday as its shares dropped 1.66% or 1.61 points. After the session commenced at $97.25, the stock reached the higher end at $97.39 while it hit a low of $95.36. With the volume soaring to 4,541,519 shares, the last trade was called at $95.58. The company has a 52-week high of $100.56. The company has a market cap of $47,810 million and there are 500,209,550 shares in outstanding. The 52-week low of the share price is $71.27.

Adobe Systems Incorporated (Adobe) is a software company. The Company offers products and services for professionals, marketers, application developers, enterprises and consumers for creating, managing, delivering, optimizing and engaging with content. Adobe markets and licenses its products and services through app stores and its Website The Companys operates in three segments: Digital Marketing, Digital Media, and Print and Publishing. In Digital Media, the Company is engaged in providing tools, services and solutions that enable to create, publish and promote their content. In Digital Marketing, the Company is engaged in providing solutions and services for creating, managing, executing, measuring and optimizing digital advertising and marketing campaigns. Adobes Print and Publishing segment addresses various market opportunities, including eLearning solutions, technical document publishing, Web application development and high-end printing.

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