Smithbridge Asset Management Position in Skyworks Solutions Com (SWKS) Has Lowered by $449,450 as Stock Rose; As Adobe Sys (ADBE) Stock Rose, Triangle Securities Wealth Management Increased Its Position

January 19, 2018 - By Marie Mckinney

Triangle Securities Wealth Management increased its stake in Adobe Sys Inc (ADBE) by 79.29% based on its latest 2017Q3 regulatory filing with the SEC. Triangle Securities Wealth Management bought 3,029 shares as the company’s stock rose 14.01% with the market. The institutional investor held 6,849 shares of the prepackaged software company at the end of 2017Q3, valued at $1.02M, up from 3,820 at the end of the previous reported quarter. Triangle Securities Wealth Management who had been investing in Adobe Sys Inc for a number of months, seems to be bullish on the $96.72 billion market cap company. The stock decreased 0.15% or $0.29 during the last trading session, reaching $196.2. About 2.54M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since January 19, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.

Smithbridge Asset Management Inc decreased its stake in Skyworks Solutions Inc Com (SWKS) by 12.1% based on its latest 2017Q3 regulatory filing with the SEC. Smithbridge Asset Management Inc sold 4,450 shares as the company’s stock rose 7.80% with the market. The institutional investor held 32,315 shares of the technology company at the end of 2017Q3, valued at $3.29M, down from 36,765 at the end of the previous reported quarter. Smithbridge Asset Management Inc who had been investing in Skyworks Solutions Inc Com for a number of months, seems to be less bullish one the $18.80 billion market cap company. The stock increased 0.10% or $0.1 during the last trading session, reaching $102.29. About 1.97 million shares traded. Skyworks Solutions, Inc. (NASDAQ:SWKS) has risen 65.40% since January 19, 2017 and is uptrending. It has outperformed by 48.70% the S&P500.

Among 36 analysts covering Skyworks Solutions Inc. (NASDAQ:SWKS), 30 have Buy rating, 1 Sell and 5 Hold. Therefore 83% are positive. Skyworks Solutions Inc. had 97 analyst reports since July 27, 2015 according to SRatingsIntel. As per Monday, October 24, the company rating was initiated by JP Morgan. The rating was maintained by Canaccord Genuity with “Buy” on Monday, November 6. The firm has “Buy” rating given on Friday, January 8 by Canaccord Genuity. The rating was maintained by BMO Capital Markets with “Hold” on Sunday, November 5. The firm earned “Buy” rating on Thursday, July 20 by Canaccord Genuity. Morgan Stanley initiated the stock with “Underweight” rating in Monday, June 27 report. The stock of Skyworks Solutions, Inc. (NASDAQ:SWKS) has “Buy” rating given on Thursday, July 20 by Drexel Hamilton. On Friday, January 29 the stock rating was maintained by Craig Hallum with “Buy”. The firm has “Buy” rating by Needham given on Friday, January 29. The company was initiated on Tuesday, October 20 by Drexel Hamilton.

Since August 29, 2017, it had 0 insider purchases, and 5 sales for $4.21 million activity. Another trade for 13,858 shares valued at $1.42 million was sold by GRIFFIN LIAM. GAMMEL PETER L also sold $704,929 worth of Skyworks Solutions, Inc. (NASDAQ:SWKS) on Wednesday, December 13.

Smithbridge Asset Management Inc, which manages about $174.53M and $141.99 million US Long portfolio, upped its stake in Metlife Inc Com (NYSE:MET) by 6,900 shares to 29,878 shares, valued at $1.55 million in 2017Q3, according to the filing. It also increased its holding in Schwab Strategic Tr Us Dividen (SCHD) by 59,245 shares in the quarter, for a total of 68,685 shares, and has risen its stake in Vanguard Tax Managed I Ftse De (VEA).

Investors sentiment increased to 1.09 in 2017 Q3. Its up 0.12, from 0.97 in 2017Q2. It increased, as 34 investors sold SWKS shares while 220 reduced holdings. 63 funds opened positions while 214 raised stakes. 146.42 million shares or 0.03% less from 146.46 million shares in 2017Q2 were reported. Old Mutual Invsts (Uk) stated it has 1.67 million shares or 1.78% of all its holdings. Nelson Van Denburg & Campbell Wealth Group Ltd Liability Company accumulated 47 shares. Montag A Associate invested 0.1% in Skyworks Solutions, Inc. (NASDAQ:SWKS). 125,571 are held by S&T Commercial Bank Pa. Johnson Counsel invested 0.01% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Employees Retirement Sys Of Texas owns 0.03% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS) for 19,000 shares. Holderness Invs has invested 0.27% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Clinton Group Incorporated Inc reported 0.19% stake. Neuberger Berman Grp Ltd Co reported 251,071 shares stake. Sheets Smith Wealth holds 22,358 shares. Hl Fincl Svcs Ltd Com invested in 48,748 shares or 0.1% of the stock. Portland Advsr Limited holds 3,054 shares or 0.12% of its portfolio. Hanson Mcclain Incorporated invested in 0.01% or 936 shares. Moreover, Winch Advisory Serv Ltd Liability has 0% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS). Focused Wealth Management reported 689 shares or 0.02% of all its holdings.

Since August 9, 2017, it had 1 insider buy, and 7 insider sales for $6.56 million activity. On Friday, October 20 WARNOCK JOHN E sold $1.18 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) or 6,800 shares. THOMPSON MATTHEW sold $379,784 worth of stock or 2,190 shares. 21,276 shares valued at $3.97 million were sold by GESCHKE CHARLES M on Wednesday, January 10. 1,125 shares valued at $199,520 were bought by Banse Amy on Monday, December 18.

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.01, from 1.1 in 2017Q2. It increased, 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. Firsthand invested 1.99% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Us Fincl Bank De accumulated 86,642 shares or 0.04% of the stock. Moreover, Vontobel Asset has 0.2% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 185,680 shares. Hsbc Hldg Public Lc stated it has 695,359 shares or 0.17% of all its holdings. Silvercrest Asset Mgmt Gru Incorporated Limited Liability Company has invested 0.01% in Adobe Systems Incorporated (NASDAQ:ADBE). 143,300 were reported by Gabelli Funds Limited Liability. Mitchell Mcleod Pugh & Williams has 1.38% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 12,554 shares. Acg Wealth holds 0.74% in Adobe Systems Incorporated (NASDAQ:ADBE) or 28,545 shares. Robeco Institutional Asset Bv holds 0.12% or 125,893 shares. Glg Ptnrs LP holds 48,465 shares. Norinchukin Bancorp The reported 36,723 shares. Aureus Asset Llc owns 1,545 shares. Glg Ltd holds 0.25% or 25,500 shares in its portfolio. Fmr Ltd Limited Liability Company, Massachusetts-based fund reported 36.12M shares. Keybank Natl Association Oh holds 19,988 shares.

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Therefore 76% are positive. Adobe Systems had 135 analyst reports since August 11, 2015 according to SRatingsIntel. As per Tuesday, December 8, the company rating was maintained by Deutsche Bank. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Buy” rating by RBC Capital Markets on Sunday, September 3. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Wednesday, November 22. The stock has “Buy” rating by Deutsche Bank on Wednesday, March 23. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Neutral” rating by Goldman Sachs on Wednesday, September 21. The firm has “Mkt Perform” rating given on Wednesday, October 7 by FBR Capital. The firm has “Overweight” rating by KeyBanc Capital Markets given on Friday, December 11. The rating was maintained by RBC Capital Markets on Friday, December 15 with “Buy”. The firm earned “Outperform” rating on Thursday, October 19 by BMO Capital Markets. The rating was maintained by Cowen & Co on Monday, December 11 with “Buy”.

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