As Adobe Sys (ADBE) Market Valuation Rose, Family Capital Trust Co Has Cut Stake; G2 Investment Partners Management Increases Stake in Radcom LTD (RDCM)

June 21, 2018 - By Michael Collier

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Family Capital Trust Co decreased its stake in Adobe Sys Inc (ADBE) by 10.03% based on its latest 2018Q1 regulatory filing with the SEC. Family Capital Trust Co sold 47,157 shares as the company’s stock rose 14.81% while stock markets declined. The institutional investor held 422,892 shares of the prepackaged software company at the end of 2018Q1, valued at $91.38 million, down from 470,049 at the end of the previous reported quarter. Family Capital Trust Co who had been investing in Adobe Sys Inc for a number of months, seems to be less bullish one the $123.73B market cap company. The stock decreased 0.20% or $0.5 during the last trading session, reaching $251.24. About 2.29 million shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 70.50% since June 21, 2017 and is uptrending. It has outperformed by 57.93% the S&P500. Some Historical ADBE News: 23/05/2018 – MarketingLand: Adobe suits up for e-commerce competition with its purchase of Magento; 28/03/2018 – Adobe Steps Up AI-Powered Marketing to Take on IBM, Salesforce; 24/04/2018 – Adobe Gets Into the Voice Assistant Game; 28/03/2018 – Adobe and NVIDIA Announce Partnership to Deliver New AI Services for Creativity and Digital Experiences; 27/03/2018 – TMMData Announces Deep Integration With Adobe Cloud Platform; 20/04/2018 – DJ Adobe Systems Incorporated, Inst Holders, 1Q 2018 (ADBE); 27/03/2018 – Cognizant Named Adobe’s 2017 Delivery Quality Partner of the Year; 05/04/2018 – ADOBE NAMES JOHN MURPHY CFO; 15/03/2018 – ADOBE 1Q DIGITAL EXPERIENCE REV. $554M; 19/03/2018 – ENEL SELLS ENERGY FROM NEW US WIND FARM TO FACEBOOK & ADOBE

Josh Goldberg increased its stake in Radcom Ltd (RDCM) by 54.88% based on its latest 2018Q1 regulatory filing with the SEC. G2 Investment Partners Management Llc bought 131,289 shares as the company’s stock rose 1.26% while stock markets declined. The hedge fund run by Josh Goldberg held 370,527 shares of the computer peripheral equipment company at the end of 2018Q1, valued at $6.80M, up from 239,238 at the end of the previous reported quarter. G2 Investment Partners Management Llc who had been investing in Radcom Ltd for a number of months, seems to be bullish on the $277.43 million market cap company. The stock decreased 1.20% or $0.25 during the last trading session, reaching $20.5. About 18,373 shares traded. Radcom Ltd. (NASDAQ:RDCM) has declined 0.74% since June 21, 2017 and is downtrending. It has underperformed by 13.31% the S&P500. Some Historical RDCM News: 11/05/2018 Russell Investments Group Exits Position in Radcom; 21/05/2018 – RADCOM Achieves Telefόnica UNICA Certification; 22/05/2018 – RADCOM LTD RDCM.O SEES FY 2018 REVENUE $43 MLN TO $47 MLN; 14/05/2018 – Herald Investment Buys New 1.2% Position in Radcom; 22/05/2018 – RADCOM 1Q EPS 2c

Investors sentiment increased to 0.9 in 2018 Q1. Its up 0.01, from 0.89 in 2017Q4. It increased, as 35 investors sold ADBE shares while 418 reduced holdings. 136 funds opened positions while 271 raised stakes. 405.65 million shares or 1.16% less from 410.42 million shares in 2017Q4 were reported. Blair William Il reported 882,350 shares. Susquehanna Ltd Liability Partnership reported 417,547 shares. Dynamic Advisor Solutions Ltd Com owns 5,241 shares. Yorktown & Rech Communication holds 2,000 shares. Cape Cod Five Cents Retail Bank invested in 0.95% or 28,015 shares. Jaffetilchin Inv Prtnrs Limited Liability Co stated it has 0.18% in Adobe Systems Incorporated (NASDAQ:ADBE). Moreover, Lombard Odier Asset Mngmt (Switzerland) has 0.08% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 3,752 shares. Ameriprise Finance stated it has 0.62% in Adobe Systems Incorporated (NASDAQ:ADBE). Btc Cap Management invested in 16,571 shares. Allen Inv Mngmt Llc reported 5,418 shares. Ohio-based Park Natl Oh has invested 0.02% in Adobe Systems Incorporated (NASDAQ:ADBE). Moreover, Westfield Cap Mngmt Lp has 1.07% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Clearbridge Ltd Liability Corp accumulated 4.08M shares. Cadence Mngmt invested in 2,754 shares or 0.04% of the stock. 239,305 were accumulated by Jana Lc.

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Nasdaq.com which released: “Salesforce.com Is Winning Big With Its Recent Investments” on June 21, 2018, also 247Wallst.com with their article: “Record Revenue Not Enough to Pull Up Adobe” published on June 15, 2018, Seekingalpha.com published: “Will Adobe Pop After Earnings?” on June 13, 2018. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Seekingalpha.com and their article: “Adobe Systems: Financial Headwinds Ahead” published on June 18, 2018 as well as Fool.com‘s news article titled: “Why Adobe Systems Stock Jumped 12.5% in May” with publication date: June 11, 2018.

Among 39 analysts covering Adobe Systems (NASDAQ:ADBE), 28 have Buy rating, 0 Sell and 11 Hold. Therefore 72% are positive. Adobe Systems had 165 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Tuesday, December 8 with “Buy”. The rating was maintained by Robert W. Baird on Friday, December 15 with “Buy”. The stock has “Buy” rating by Jefferies on Wednesday, January 24. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Outperform” rating by BMO Capital Markets on Friday, March 16. The firm has “Buy” rating by Cowen & Co given on Thursday, July 27. RBC Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Thursday, March 15. RBC Capital Markets has “Buy” rating and $242.0 target. The firm has “Hold” rating by Deutsche Bank given on Monday, October 16. The stock has “Buy” rating by Canaccord Genuity on Thursday, December 14. The firm earned “Mkt Perform” rating on Wednesday, October 7 by FBR Capital. On Friday, June 15 the stock rating was maintained by BMO Capital Markets with “Outperform”.

Since January 10, 2018, it had 0 insider purchases, and 17 insider sales for $89.16 million activity. $3.59M worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by GESCHKE CHARLES M. THOMPSON MATTHEW had sold 50,775 shares worth $10.16 million on Friday, January 26. Rencher Bradley sold $3.63 million worth of stock or 18,410 shares. Another trade for 165,023 shares valued at $32.66 million was sold by NARAYEN SHANTANU. $3.51M worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by DILLON MICHAEL A. The insider Lewnes Ann sold $680,503.

G2 Investment Partners Management Llc, which manages about $585.42M and $254.23 million US Long portfolio, decreased its stake in Rada Electr Inds Ltd by 307,371 shares to 182,885 shares, valued at $432,000 in 2018Q1, according to the filing. It also reduced its holding in Rogers Corp (NYSE:ROG) by 36,114 shares in the quarter, leaving it with 29,160 shares, and cut its stake in Lendingtree Inc New (NASDAQ:TREE).

More news for Radcom Ltd. (NASDAQ:RDCM) were recently published by: Prnewswire.com, which released: “RADCOM Wins TMC Award for NFV Innovation” on June 13, 2018. Seekingalpha.com‘s article titled: “Radcom Gathering Momentum” and published on May 24, 2018 is yet another important article.

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By1 Michael Collier

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