$-0.01 EPS Expected for Synacor, Inc. (SYNC); Wunderlich Capital Managemnt Raised Adobe Systems (ADBE) Position By $449,086

March 14, 2018 - By Adrian Mccoy

Wunderlich Capital Managemnt increased Adobe Systems Inc (ADBE) stake by 75.73% reported in 2017Q3 SEC filing. Wunderlich Capital Managemnt acquired 3,014 shares as Adobe Systems Inc (ADBE)’s stock rose 14.01%. The Wunderlich Capital Managemnt holds 6,994 shares with $1.04 million value, up from 3,980 last quarter. Adobe Systems Inc now has $108.42 billion valuation. The stock decreased 0.53% or $1.18 during the last trading session, reaching $219.76. About 4.73M shares traded or 73.18% up from the average. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since March 14, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Analysts expect Synacor, Inc. (NASDAQ:SYNC) to report $-0.01 EPS on March, 21.They anticipate $0.09 EPS change or 90.00% from last quarter’s $-0.1 EPS. It closed at $2.15 lastly. It is up 15.89% since March 14, 2017 and is uptrending. It has underperformed by 0.81% the S&P500.

Investors sentiment increased to 1.13 in Q3 2017. Its up 0.07, from 1.06 in 2017Q2. It improved, as 9 investors sold Synacor, Inc. shares while 8 reduced holdings. 6 funds opened positions while 12 raised stakes. 11.61 million shares or 7.07% more from 10.84 million shares in 2017Q2 were reported. Fincl Bank Of Ny Mellon holds 46,648 shares. Ariel Invests Limited Liability Com holds 2.94M shares. Wells Fargo & Mn reported 9,546 shares. Fifth Third Retail Bank holds 200 shares. Vanguard Group Inc Inc accumulated 996,395 shares or 0% of the stock. Geode Cap Mgmt Ltd reported 0% of its portfolio in Synacor, Inc. (NASDAQ:SYNC). Citigroup Inc has 9,872 shares. Spark Inv Mngmt Limited Company owns 138,100 shares. Jacobs Levy Equity, a New Jersey-based fund reported 50,968 shares. 10,700 are owned by Commonwealth Equity Services. Wellington Management Group Inc Llp reported 1.73M shares stake. Renaissance Tech Ltd Limited Liability Company has invested 0% in Synacor, Inc. (NASDAQ:SYNC). Retail Bank Of America De invested in 2,000 shares. Alyeska Investment Group L P owns 1.31 million shares or 0.03% of their US portfolio. Morgan Stanley accumulated 11,206 shares or 0% of the stock.

Among 5 analysts covering Synacor (NASDAQ:SYNC), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Synacor had 7 analyst reports since October 18, 2016 according to SRatingsIntel. The stock of Synacor, Inc. (NASDAQ:SYNC) has “Buy” rating given on Thursday, August 10 by Canaccord Genuity. On Thursday, August 10 the stock rating was downgraded by Craig Hallum to “Hold”. The rating was initiated by Lake Street on Tuesday, February 14 with “Buy”. The rating was maintained by Canaccord Genuity on Wednesday, November 15 with “Buy”. Rosenblatt maintained Synacor, Inc. (NASDAQ:SYNC) on Monday, June 12 with “Buy” rating. The rating was initiated by Ladenburg Thalmann with “Buy” on Tuesday, October 18.

Synacor, Inc. operates as a technology development, multiplatform services, and revenue partner for video, Internet, and communications providers; and device manufacturers, governments, and enterprises. The company has market cap of $83.18 million. It enables its clients to provide their clients engaging, multiscreen experiences with products that require scale, and actionable data and implementation. It currently has negative earnings. The company, through its managed portals and advertising solutions, enables its clients to earn revenue by monetizing media among their consumers.

Since October 11, 2017, it had 1 buy, and 13 selling transactions for $79.18 million activity. THOMPSON MATTHEW sold $379,784 worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Monday, October 23. DILLON MICHAEL A sold $3.51M worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Monday, February 5. Shares for $3.63 million were sold by Rencher Bradley. The insider WARNOCK JOHN E sold 6,800 shares worth $1.18 million. The insider Lewnes Ann sold 1,953 shares worth $338,846. Morris Donna sold $5.81 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, January 24. Shares for $3.97 million were sold by GESCHKE CHARLES M.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.22, from 1.11 in 2017Q2. It dropped, as 42 investors sold ADBE 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. Mirae Asset Invests Ltd owns 292,396 shares for 0.79% of their portfolio. Conning holds 11,837 shares or 0.06% of its portfolio. Moreover, Ngam Advisors Limited Partnership has 0.17% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Barton Inv Management invested 0.11% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Tci Wealth Advsr stated it has 320 shares. Aspen Mngmt has 3,196 shares. Folger Nolan Fleming Douglas Mngmt has 14,022 shares. Rockefeller Financial Svcs stated it has 11,358 shares or 0.03% of all its holdings. Nomura has 117,325 shares. Suntrust Banks Incorporated has invested 0.04% in Adobe Systems Incorporated (NASDAQ:ADBE). 803,731 were accumulated by Asset Mgmt One Com Limited. Smith Asset Mngmt Group Lp reported 546,047 shares. Night Owl Mgmt Ltd Company reported 2.41% in Adobe Systems Incorporated (NASDAQ:ADBE). Louisiana State Employees Retirement Systems has invested 0.22% in Adobe Systems Incorporated (NASDAQ:ADBE). Moreover, Robeco Institutional Asset Management Bv has 0.12% invested in Adobe Systems Incorporated (NASDAQ:ADBE).

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. Adobe Systems had 143 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was maintained by Pivotal Research on Friday, December 11 with “Buy”. Stephens initiated the shares of ADBE in report on Wednesday, August 10 with “Overweight” rating. On Wednesday, September 21 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Buy” rating given on Monday, March 12 by Stifel Nicolaus. The rating was maintained by RBC Capital Markets on Friday, December 15 with “Buy”. On Monday, April 4 the stock rating was maintained by Dougherty & Company with “Buy”. The rating was upgraded by Wunderlich to “Buy” on Friday, March 17. The rating was initiated by Wells Fargo on Wednesday, January 11 with “Market Perform”. Citigroup maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Friday, March 18. Citigroup has “Buy” rating and $114 target. The firm has “Mkt Perform” rating given on Friday, December 11 by FBR Capital.

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