Adobe Systems (ADBE) Stock Value Rose While Dsm Capital Partners Cut Position; S Squared Technology Position In Radisys Com (RSYS) Was Has Boosted

December 8, 2017 - By Winifred Garcia

Dsm Capital Partners Llc decreased its stake in Adobe Systems (ADBE) by 4.07% based on its latest 2017Q2 regulatory filing with the SEC. Dsm Capital Partners Llc sold 89,527 shares as the company’s stock rose 14.01% with the market. The hedge fund held 2.11M shares of the prepackaged software company at the end of 2017Q2, valued at $298.36M, down from 2.20 million at the end of the previous reported quarter. Dsm Capital Partners Llc who had been investing in Adobe Systems for a number of months, seems to be less bullish one the $86.07 billion market cap company. The stock increased 0.63% or $1.09 during the last trading session, reaching $174.61. About 2.44M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since December 8, 2016 and is uptrending. It has outperformed by 25.59% the S&P500.

S Squared Technology Llc increased its stake in Radisys Corp Com (RSYS) by 34.7% based on its latest 2017Q2 regulatory filing with the SEC. S Squared Technology Llc bought 106,500 shares as the company’s stock rose 3.91% with the market. The hedge fund held 413,402 shares of the computer peripheral equipment company at the end of 2017Q2, valued at $1.55 million, up from 306,902 at the end of the previous reported quarter. S Squared Technology Llc who had been investing in Radisys Corp Com for a number of months, seems to be bullish on the $36.02 million market cap company. The stock decreased 1.08% or $0.01 during the last trading session, reaching $0.92. About 3.49M shares traded or 357.13% up from the average. RadiSys Corporation (NASDAQ:RSYS) has declined 4.32% since December 8, 2016 and is downtrending. It has underperformed by 21.02% the S&P500.

Investors sentiment increased to 1.32 in 2017 Q2. Its up 0.14, from 1.18 in 2017Q1. It improved, as 7 investors sold RSYS shares while 18 reduced holdings. 14 funds opened positions while 19 raised stakes. 22.88 million shares or 1.04% more from 22.64 million shares in 2017Q1 were reported. 22,712 were accumulated by Parametric Assoc. 36,800 were accumulated by Ny State Common Retirement Fund. Manufacturers Life Ins The holds 8,920 shares. Bnp Paribas Arbitrage owns 3,389 shares or 0% of their US portfolio. Herald invested in 605,500 shares. Tci Wealth Incorporated stated it has 0% of its portfolio in RadiSys Corporation (NASDAQ:RSYS). 40,088 are owned by Deutsche State Bank Ag. Moreover, Vanguard Gru has 0% invested in RadiSys Corporation (NASDAQ:RSYS) for 1.47 million shares. Cadence Cap Mngmt Ltd Liability Corp stated it has 144,193 shares. Kennedy Cap Mngmt Inc has 0.04% invested in RadiSys Corporation (NASDAQ:RSYS). Heartland Advsr holds 2.99 million shares or 0.72% of its portfolio. Creative Planning stated it has 0% in RadiSys Corporation (NASDAQ:RSYS). 1.71M were accumulated by Pacific Ridge Ltd Llc. Wedge Cap L LP Nc holds 0.01% in RadiSys Corporation (NASDAQ:RSYS) or 226,700 shares. Wells Fargo And Mn reported 0% in RadiSys Corporation (NASDAQ:RSYS).

Another recent and important RadiSys Corporation (NASDAQ:RSYS) news was published by Streetinsider.com which published an article titled: “Radisys Corp (RSYS) Announces $5 Million Order from Large Asian Customer” on November 30, 2017.

S Squared Technology Llc, which manages about $136.14 million and $116.95 million US Long portfolio, decreased its stake in Oclaro Unc. (NASDAQ:OCLR) by 100,000 shares to 100,000 shares, valued at $934,000 in 2017Q2, according to the filing. It also reduced its holding in Axogen Inc. (NASDAQ:AXGN) by 20,000 shares in the quarter, leaving it with 282,614 shares, and cut its stake in Tree.Com Inc.

Among 6 analysts covering RadiSys (NASDAQ:RSYS), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. RadiSys had 11 analyst reports since September 3, 2015 according to SRatingsIntel. Roth Capital initiated RadiSys Corporation (NASDAQ:RSYS) rating on Tuesday, March 22. Roth Capital has “Buy” rating and $6 target. The company was maintained on Thursday, September 7 by Jefferies. The stock of RadiSys Corporation (NASDAQ:RSYS) has “Buy” rating given on Friday, June 9 by Jefferies. The firm earned “Buy” rating on Monday, June 26 by Roth Capital. The stock has “Outperform” rating by Northland Capital on Thursday, September 3. The firm has “Buy” rating by Lake Street given on Monday, March 21. The rating was upgraded by Needham to “Buy” on Monday, January 25. The stock has “Buy” rating by Jefferies on Friday, June 17. The rating was maintained by DA Davidson on Friday, September 8 with “Buy”. The firm has “Buy” rating by Needham given on Friday, February 10.

More important recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Investorplace.com which released: “Why Adobe Systems Incorporated Stock Is up and Still Going Strong” on November 17, 2017, also Investorplace.com published article titled: “Trade of the Day: Adobe Systems Incorporated (ADBE)”, Investorplace.com published: “You’ll Have to Pay Up for Adobe Systems Incorporated” on November 29, 2017. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) was released by: Investorplace.com and their article: “Why You Should Buy Adobe Systems Incorporated Stock” with publication date: November 10, 2017.

Since June 14, 2017, it had 0 insider buys, and 1 sale for $311,035 activity.

Dsm Capital Partners Llc, which manages about $5.78B and $6.74 billion US Long portfolio, upped its stake in Facebook (NASDAQ:FB) by 39,596 shares to 3.84M shares, valued at $580.44M in 2017Q2, according to the filing. It also increased its holding in New Oriental Education (NYSE:EDU) by 60,678 shares in the quarter, for a total of 241,118 shares, and has risen its stake in Abbott Laboratories (NYSE:ABT).

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 30 have Buy rating, 0 Sell and 8 Hold. Therefore 79% are positive. Adobe Systems has $217 highest and $10 lowest target. $153.84’s average target is -11.90% below currents $174.61 stock price. Adobe Systems had 125 analyst reports since August 11, 2015 according to SRatingsIntel. Dougherty & Company initiated it with “Buy” rating and $114 target in Thursday, January 14 report. As per Wednesday, February 8, the company rating was maintained by RBC Capital Markets. Wunderlich maintained it with “Hold” rating and $115 target in Thursday, November 3 report. Cowen & Co maintained the shares of ADBE in report on Thursday, October 19 with “Buy” rating. The firm has “Hold” rating by Pivotal Research given on Thursday, January 12. On Wednesday, November 22 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Equal-Weight” rating given on Wednesday, September 21 by Morgan Stanley. On Wednesday, October 14 the stock rating was upgraded by Atlantic Securities to “Overweight”. Bernstein maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, March 18 with “Outperform” rating. The firm earned “Sell” rating on Monday, June 12 by Pivotal Research.

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