Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on Mar, 17 for the fiscal quarter ending Feb 2016.

They expect $0.47 EPS, up 42.55% or $0.2 from last year’s $0.27 per share.

At the moment 25 analysts are watching Adobe Systems Incorporated (NASDAQ:ADBE), 11 rate it “Buy”, 8 “Outperform”, 6 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Feb-16, 21 analysts have a mean sales target of 1,336.67 million. For the quarter ending May-16, 21 analysts have a mean sales target of 1,391.29 million whilst for the year ending Nov-16, 24 analysts have a mean target of 5,739.71 million.

In terms of earnings per share, 24 analysts have a 0.61 EPS mean target for the quarter ending Feb-16, for the quarter ending May-16, 24 analysts have a 0.65 EPS mean target and for the quarter ending May-16 there are 26 estimates of 2.76 EPS.

The biggest institutional shareholders in Adobe Systems Incorporated include PRIMECAP Management Company which owns 33 million shares in the company valued at $3.12 billion. Fidelity Management and Research Company is the second biggest holder with 32 million shares currently valued at 3.02 billion whilst BlackRock Advisors LLC has 29 million shares valued at 2.71 billion.

Total shares held by institutions as of the most recent company filings are 357,009,120 with a reported 17,759,837 bought and 21,137,325 sold. These holdings make up 71.71% of the company’s outstanding shares.

Currently insiders hold 1,949,729 shares in the business which makes up 0.39% of shares. The biggest holder currently is Shantanu Narayen who owns 230,797 shares (0.05% of those outstanding), whilst Robert K. Burgess holds 174,729 (0.04% of shares outstanding) and Frank A. Calderoni holds 149,654 (0.03% of shares outstanding).

The stock increased 1.54% or $1.34 during the last trading session, hitting $89.23. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 10% over the past 6 months and is uptrending.