Adobe (ADBE) Holder Capital Investment Services Of America Has Cut Position by $343,406; Pictet Bank & Trust LTD Has Upped Its Holding in Starbucks (SBUX) as Market Valuation Rose

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Pictet Bank & Trust Ltd increased its stake in Starbucks Corp (SBUX) by 140.04% based on its latest 2019Q1 regulatory filing with the SEC. Pictet Bank & Trust Ltd bought 4,400 shares as the company’s stock rose 10.28% with the market. The institutional investor held 7,542 shares of the restaurants company at the end of 2019Q1, valued at $561,000, up from 3,142 at the end of the previous reported quarter. Pictet Bank & Trust Ltd who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $102.03 billion market cap company. The stock increased 1.07% or $0.89 during the last trading session, reaching $84.24. About 9.23M shares traded or 20.31% up from the average. Starbucks Corporation (NASDAQ:SBUX) has risen 36.11% since June 15, 2018 and is uptrending. It has outperformed by 31.68% the S&P500. Some Historical SBUX News: 07/05/2018 - Nestlé adds Starbucks to US blend; 02/05/2018 - Starbucks settles with two men arrested at Philadelphia café; 02/05/2018 - DealReportr[Reg]: Starbucks may need caffeine boost from activist; 18/04/2018 - Big League Politics: EXCLUSIVE: All Of Starbucks’ Official Race Experts Worked For George Soros; 29/03/2018 - Starbucks must put cancer warning on California coffee -judge; 18/04/2018 - Starbucks `Third Place’ Strategy Undercut by Racial Inequality; 26/04/2018 - STARBUCKS 2Q EARNINGS CALL BEGINS; 17/04/2018 - Starbucks to close all company-owned stores on the afternoon of May 29 for racial-bias education day; 30/03/2018 - Starbucks stop showcases Prince Mohammed’s charm offensive; 15/05/2018 - Flush With Nestle Cash, Starbucks Wants to Triple China Revenue

Capital Investment Services Of America Inc decreased its stake in Adobe Inc (ADBE) by 1.66% based on its latest 2019Q1 regulatory filing with the SEC. Capital Investment Services Of America Inc sold 1,291 shares as the company’s stock rose 6.38% with the market. The institutional investor held 76,382 shares of the prepackaged software company at the end of 2019Q1, valued at $20.36M, down from 77,673 at the end of the previous reported quarter. Capital Investment Services Of America Inc who had been investing in Adobe Inc for a number of months, seems to be less bullish one the $133.84 billion market cap company. The stock decreased 0.73% or $2.02 during the last trading session, reaching $274.28. About 2.26M shares traded. Adobe Inc. (NASDAQ:ADBE) has risen 16.13% since June 15, 2018 and is uptrending. It has outperformed by 11.70% the S&P500. Some Historical ADBE News: 17/04/2018 - Adobe Doesn’t Disclose Financial Details of Deal; 28/03/2018 - Adobe and NVIDIA Announce Partnership to Deliver New Al Services for Creativity and Digital Experiences; 28/03/2018 - Adobe Steps Up AI-Powered Marketing to Take on Rivals (Correct); 16/03/2018 - ADOBE SYSTEMS INC ADBE.O : UBS RAISES TARGET PRICE TO $260 FROM $251; 27/03/2018 - ADOBE: MACHINE LEARNING TO HELP CUSTOMERS COMPLY WITH EU’S GDPR; 15/03/2018 - ADOBE SYSTEMS INC - QTRLY SHR $1.55 ON A NON-GAAP BASIS; 27/03/2018 - New ContentSquare Integration With Adobe Analytics Cloud Unlocks Enhanced Revenue Attribution to Customers’ Investments in UX a; 27/03/2018 - ADOBE SHOWS AD CLOUD CREATIVE TO QUICKLY ALTER AD MEDIA; 21/05/2018 - Silicon Valley Business Journal: BREAKING: A Campbell-based eBay spinoff’s value is about to go from $150 million to $1.68; 15/03/2018 - In the earnings space, Dollar General, J. Jill, Adobe Systems, Broadcom and Ulta Beauty are all slated to release their latest financial results

More notable recent Adobe Inc. (NASDAQ:ADBE) news were published by: Nasdaq.com which released: “Noteworthy ETF Inflows: TQQQ, PEP, ADBE, PYPL - Nasdaq” on May 20, 2019, also Nasdaq.com with their article: “Noteworthy Friday Option Activity: ADBE, ILMN, ISRG - Nasdaq” published on June 07, 2019, Nasdaq.com published: “Notable Monday Option Activity: CARS, SRG, ADBE - Nasdaq” on April 22, 2019. More interesting news about Adobe Inc. (NASDAQ:ADBE) were released by: Benzinga.com and their article: “Morgan Stanley Turns Bullish On Adobe, Highlights ‘Durable’ 20% EPS Growth - Benzinga” published on April 29, 2019 as well as Nasdaq.com‘s news article titled: “Adobe (ADBE) 4th Quarter Earnings: What to Expect - Nasdaq” with publication date: December 13, 2018.

Investors sentiment increased to 1.19 in Q1 2019. Its up 0.26, from 0.93 in 2018Q4. It increased, as 43 investors sold ADBE shares while 371 reduced holdings. 116 funds opened positions while 378 raised stakes. 397.86 million shares or 9.47% less from 439.45 million shares in 2018Q4 were reported. Moreover, Franklin Resources Incorporated has 0.27% invested in Adobe Inc. (NASDAQ:ADBE) for 1.88M shares. Moreover, Allen Invest Limited Liability has 0.18% invested in Adobe Inc. (NASDAQ:ADBE) for 21,112 shares. Connor Clark Lunn Invest Mngmt Limited invested in 0.09% or 54,075 shares. Suncoast Equity Management holds 84,641 shares or 5% of its portfolio. Aviance Management Lc invested in 538 shares or 0.02% of the stock. Lombard Odier Asset Mgmt (Usa) has invested 1.63% in Adobe Inc. (NASDAQ:ADBE). 1,166 were reported by Harbour Investment Management Ltd Liability Com. Lone Pine Limited Co holds 4.53 million shares or 7.05% of its portfolio. The Germany-based Meag Munich Ergo Kapitalanlagegesellschaft Mbh has invested 0.44% in Adobe Inc. (NASDAQ:ADBE). State Of New Jersey Common Pension Fund D has 0.18% invested in Adobe Inc. (NASDAQ:ADBE). Caxton Associates LP holds 1,120 shares or 0.04% of its portfolio. Sun Life has 830 shares for 0.05% of their portfolio. Twin Capital Mngmt accumulated 70,063 shares or 0.92% of the stock. Edgestream LP holds 1% of its portfolio in Adobe Inc. (NASDAQ:ADBE) for 25,461 shares. Moreover, Castleark Mgmt Ltd Liability Co has 0.79% invested in Adobe Inc. (NASDAQ:ADBE) for 78,272 shares.

Capital Investment Services Of America Inc, which manages about $624.73M US Long portfolio, upped its stake in Allegiant Travel Company (NASDAQ:ALGT) by 25,760 shares to 87,153 shares, valued at $11.28 million in 2019Q1, according to the filing. It also increased its holding in Booking Holdings Inc. by 2,430 shares in the quarter, for a total of 7,548 shares, and has risen its stake in Proto Labs Inc (NYSE:PRLB).

Since December 19, 2018, it had 1 buy, and 9 selling transactions for $101.93 million activity. The insider Lewnes Ann sold 2,692 shares worth $608,539. Ricks David A bought $16,244 worth of stock or 75 shares. Rencher Bradley sold $7.39 million worth of stock or 30,000 shares. $3.45M worth of stock was sold by Morris Donna on Friday, February 1. On Thursday, January 24 the insider THOMPSON MATTHEW sold $10.19M. 25,000 Adobe Inc. (NASDAQ:ADBE) shares with value of $6.00M were sold by Parasnis Abhay.

Since January 29, 2019, it had 0 insider purchases, and 7 sales for $42.25 million activity. BURROWS CLIFFORD sold 152,634 shares worth $10.26M. CULVER JOHN also sold $11.64M worth of Starbucks Corporation (NASDAQ:SBUX) shares.

Investors sentiment increased to 0.98 in 2019 Q1. Its up 0.14, from 0.84 in 2018Q4. It is positive, as 52 investors sold SBUX shares while 472 reduced holdings. 138 funds opened positions while 375 raised stakes. 825.46 million shares or 7.36% less from 891.08 million shares in 2018Q4 were reported. Narwhal Cap Mgmt has 0.95% invested in Starbucks Corporation (NASDAQ:SBUX). Stone Ridge Asset Llc owns 46,752 shares or 0.2% of their US portfolio. Bancorporation Of Ny Mellon holds 0.55% or 26.23M shares. Maryland-based Park Circle has invested 10.34% in Starbucks Corporation (NASDAQ:SBUX). Great West Life Assurance Can has 0.24% invested in Starbucks Corporation (NASDAQ:SBUX) for 1.22 million shares. Cap Guardian accumulated 541 shares or 0% of the stock. 147,314 are owned by Weatherly Asset Mngmt Lp. Jacobs Levy Equity holds 1.19% or 1.10 million shares. 60,011 are held by Bedell Frazier Inv Counseling Limited Liability Co. San Francisco Sentry Investment Group Inc (Ca) accumulated 5,887 shares or 0.19% of the stock. Los Angeles Capital Management And Equity Research holds 0.62% or 1.49M shares. Triangle Secs Wealth reported 0.22% in Starbucks Corporation (NASDAQ:SBUX). Bbr Prtn Limited Liability stated it has 0.55% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Stratos Wealth Prtnrs Ltd holds 0.18% or 53,968 shares in its portfolio. Rhumbline Advisers stated it has 0.34% of its portfolio in Starbucks Corporation (NASDAQ:SBUX).

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart

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