Adobe Inc. $ADBE Position Increased by iSAM Funds UK Ltd

iSAM Funds UK Ltd increased its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 125.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,610 shares of the software company’s stock after buying an additional 3,120 shares during the quarter. iSAM Funds UK Ltd’s holdings in Adobe were worth $1,979,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. NorthRock Partners LLC lifted its stake in Adobe by 16.8% in the third quarter. NorthRock Partners LLC now owns 6,505 shares of the software company’s stock valued at $2,294,000 after buying an additional 938 shares during the last quarter. Harvest Fund Management Co. Ltd grew its position in shares of Adobe by 7.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 26,035 shares of the software company’s stock worth $9,179,000 after acquiring an additional 1,835 shares during the last quarter. Zuckerman Investment Group LLC increased its holdings in shares of Adobe by 71.2% in the 3rd quarter. Zuckerman Investment Group LLC now owns 30,377 shares of the software company’s stock worth $10,715,000 after acquiring an additional 12,636 shares during the period. Main Street Research LLC increased its holdings in shares of Adobe by 61.6% in the 3rd quarter. Main Street Research LLC now owns 1,270 shares of the software company’s stock worth $448,000 after acquiring an additional 484 shares during the period. Finally, Nicolet Advisory Services LLC lifted its position in Adobe by 7.3% in the 3rd quarter. Nicolet Advisory Services LLC now owns 1,989 shares of the software company’s stock valued at $693,000 after purchasing an additional 135 shares during the last quarter. 81.79% of the stock is owned by institutional investors and hedge funds.

Adobe Stock Down 7.6%

Adobe stock opened at $249.32 on Friday. Adobe Inc. has a 52 week low of $244.28 and a 52 week high of $422.95. The stock has a market cap of $102.35 billion, a price-to-earnings ratio of 14.52, a PEG ratio of 1.06 and a beta of 1.53. The company’s 50-day moving average price is $283.88 and its two-hundred day moving average price is $323.22. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, topping analysts’ consensus estimates of $5.87 by $0.19. Adobe had a net margin of 29.48% and a return on equity of 64.23%. The company had revenue of $6.40 billion during the quarter, compared to analyst estimates of $6.28 billion. During the same period in the prior year, the business posted $5.08 EPS. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. On average, analysts expect that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ADBE shares. The Goldman Sachs Group set a $220.00 target price on shares of Adobe and gave the company a “sell” rating in a research note on Friday. HSBC set a $302.00 price target on shares of Adobe in a research note on Friday, February 13th. Oppenheimer reaffirmed a “market perform” rating on shares of Adobe in a report on Friday. Weiss Ratings lowered Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 6th. Finally, Wolfe Research lowered their target price on Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a research report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $347.85.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Record Q1 results and AI traction — Adobe posted above‑consensus Q1 revenue and EPS and highlighted rapid AI-first ARR growth; management framed the quarter as an AI‑led acceleration, which supports the company’s long‑term revenue mix and margins. Adobe Delivers Record Q1 Results
• Neutral Sentiment: Guidance shows upside but raises questions — Adobe’s FY26 EPS range and Q2 outlook exceeded consensus, yet investors parsed the details (ARR cadence, freemium strategy) for sustainability before rewarding the stock. Adobe Q1 earnings & guidance
• Neutral Sentiment: Short‑interest figures reported inconsistently — publicly posted short data showed anomalous/zero values (NaN/0), so current short‑squeeze risk or bearish positioning is unclear.
• Negative Sentiment: DOJ settlement adds immediate cost and reputational overhang — Adobe agreed to a $150M package (roughly $75M cash + $75M in free services) to resolve claims about hard‑to‑cancel subscriptions, creating a headline liability and consumer‑facing remediation burden. Adobe agrees to pay $150 million to resolve alleged violations
• Negative Sentiment: CEO succession uncertainty — Shantanu Narayen announced he will step down once a successor is named (he will remain board chair), creating near‑term leadership uncertainty at a critical time for Adobe’s AI strategy and execution. Shantanu Narayen Announces Decision to Transition as Adobe’s CEO
• Negative Sentiment: Analyst downgrades and lower targets amplify selling — Several firms cut price targets or moved to neutral/equal‑weight, citing CEO transition and mixed ARR trends, which pressured sentiment and triggered further mark‑downs. These Analysts Cut Their Forecasts On Adobe Following Q1 Earnings

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total transaction of $485,323.10. Following the completion of the transaction, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. This trade represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is owned by company insiders.

Adobe Company Profile

Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.

The company’s core offerings are organized around digital media and digital experience.