Charles Geschke Unloaded $3,968,969 Worth of Adobe Systems (ADBE) Shares; SJW (SJW) Sentiment Is 1.5

SJW Group, through its subsidiaries, provides water utility services in the United States. The company has market cap of $1.20 billion. It engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water. It has a 21.69 P/E ratio. The firm also provides non-tariffed services, including water system operations, maintenance agreements, and antenna site leases.

Charles Geschke, director of Adobe Systems Inc, in an insider transaction sold some 21,276 shares whose amount is estimated to be $3,968,969 at average stock price of $186.5. Being a significant deal, it will very likely not go unnoticed. Charles Geschke today possess 0.03% of the company’s total market cap with ownership of 172,024 shares.  The insider selling transaction was completed on January 11, 2018 and was revealed in the a document at the D.C. based-SEC’s website.

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. Adobe Systems has $220.0 highest and $10 lowest target. $160.90’s average target is -14.83% below currents $188.92 stock price. Adobe Systems had 135 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, September 21. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Buy” rating by Credit Suisse on Thursday, October 19. Cowen & Co maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Thursday, October 19 with “Buy” rating. The stock has “Buy” rating by KeyBanc Capital Markets on Wednesday, October 18. The firm earned “Buy” rating on Sunday, July 30 by RBC Capital Markets. The firm earned “Neutral” rating on Friday, March 18 by Credit Suisse. Guggenheim maintained it with “Buy” rating and $212.0 target in Wednesday, January 10 report. The firm earned “Buy” rating on Wednesday, June 22 by UBS. Pivotal Research maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Wednesday, September 21. Pivotal Research has “Buy” rating and $125 target. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Friday, December 8 by RBC Capital Markets.

Adobe Systems Incorporated operates as a diversified software firm worldwide. The company has market cap of $93.13 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 55.89 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.

The stock increased 0.97% or $1.81 during the last trading session, reaching $188.92. About 1.60 million shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since January 12, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on March, 15. They expect $1.06 EPS, up 35.90% or $0.28 from last year’s $0.78 per share. ADBE’s profit will be $522.52M for 44.56 P/E if the $1.06 EPS becomes a reality. After $1.05 actual EPS reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts 0.95% EPS growth.

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.01, from 1.1 in 2017Q2. It increased, 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. Bancorpsouth Inc owns 4,470 shares for 0.07% of their portfolio. M&T Savings Bank holds 0.07% or 84,320 shares in its portfolio. The Illinois-based First Lp has invested 0.3% in Adobe Systems Incorporated (NASDAQ:ADBE). Moreover, Natl Bank Of America Corporation De has 0.14% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 5.79M shares. Aureus Asset Mgmt Limited invested in 1,545 shares or 0.04% of the stock. Geode Management Limited Liability Co has invested 0.28% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Vontobel Asset has invested 0.2% in Adobe Systems Incorporated (NASDAQ:ADBE). Nomura Asset Mngmt Com holds 291,766 shares. Wealthfront Incorporated invested 0.02% in Adobe Systems Incorporated (NASDAQ:ADBE). Of Vermont holds 0.04% or 2,649 shares. Main Street Limited Company reported 2,723 shares. Connors Investor Ser reported 1.29% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Carroll Financial Associates Incorporated has invested 0.03% in Adobe Systems Incorporated (NASDAQ:ADBE). Warren Averett Asset Limited Co has 0.08% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 2,442 shares. Btc Management reported 1,475 shares.

Since August 9, 2017, it had 1 insider purchase, and 7 sales for $6.56 million activity. The insider Lewnes Ann sold 1,953 shares worth $338,846. GESCHKE CHARLES M sold 21,276 shares worth $3.97 million. The insider Banse Amy bought 1,125 shares worth $199,520. On Monday, October 23 THOMPSON MATTHEW sold $379,784 worth of Adobe Systems Incorporated (NASDAQ:ADBE) or 2,190 shares. WARNOCK JOHN E sold $1.18 million worth of stock or 6,800 shares.

Since January 1, 0001, it had 0 buys, and 1 insider sale for $165,424 activity.

The stock increased 0.36% or $0.21 during the last trading session, reaching $58.56. About 35,031 shares traded. SJW Group (SJW) has risen 43.57% since January 12, 2017 and is uptrending. It has outperformed by 26.87% the S&P500.

Analysts await SJW Group (NYSE:SJW) to report earnings on February, 28. They expect $0.44 earnings per share, down 34.33% or $0.23 from last year’s $0.67 per share. SJW’s profit will be $9.03 million for 33.27 P/E if the $0.44 EPS becomes a reality. After $0.94 actual earnings per share reported by SJW Group for the previous quarter, Wall Street now forecasts -53.19% negative EPS growth.

Covington Capital Management holds 6.97% of its portfolio in SJW Group for 1.86 million shares. Water Asset Management Llc owns 122,808 shares or 3.48% of their US portfolio. Moreover, Messner & Smith Theme Value Investment Management Ltd Ca has 0.68% invested in the company for 7,740 shares. The New York-based Teton Advisors Inc. has invested 0.52% in the stock. Walthausen & Co. Llc, a New York-based fund reported 94,212 shares.