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Bangor Savings Bank sold 70 Adobe shares, while Adobe beat earnings estimates with a strong market cap of $177.69 billion.
Bangor Savings Bank reduced its holdings in Adobe Inc. by selling 70 shares, leaving it with 4,313 shares.
Adobe reported earnings of $5.08 per share, beating estimates.
The stock has a market cap of $177.69 billion and a price-to-earnings ratio of 33.62.
Analysts predict 16.65 earnings per share for the current fiscal year, with a "Moderate Buy" rating and a target price of $502.88.
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Bangor Savings Bank vendió 70 acciones de Adobe, mientras que Adobe superó las estimaciones de ganancias con una fuerte capitalización de mercado de $177.69 mil millones.