MGO One Seven LLC boosted its holdings in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 44.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,569 shares of the software company’s stock after buying an additional 4,463 shares during the period. MGO One Seven LLC’s holdings in Adobe were worth $5,099,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Adobe in the 3rd quarter valued at about $26,000. Caitlin John LLC acquired a new position in shares of Adobe in the 3rd quarter valued at about $28,000. Beacon Financial Strategies CORP acquired a new position in shares of Adobe in the 4th quarter valued at about $28,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Adobe in the 3rd quarter valued at about $27,000. Finally, Marquette Asset Management LLC increased its holdings in shares of Adobe by 72.3% in the 4th quarter. Marquette Asset Management LLC now owns 81 shares of the software company’s stock valued at $28,000 after purchasing an additional 34 shares during the period. 81.79% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on ADBE. Argus reiterated a “hold” rating on shares of Adobe in a report on Monday, March 16th. HSBC set a $302.00 target price on Adobe in a report on Friday, February 13th. Piper Sandler dropped their target price on Adobe from $330.00 to $280.00 and set a “neutral” rating on the stock in a report on Friday, March 13th. UBS Group dropped their target price on Adobe from $290.00 to $260.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Finally, Oppenheimer restated a “market perform” rating on shares of Adobe in a research note on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have assigned a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $338.15.
Key Stories Impacting Adobe
Here are the key news stories impacting Adobe this week:
- Positive Sentiment: Adobe launched a new AI-powered productivity agent aimed at improving PDF creation, sharing, podcast generation, and interactive workflows, reinforcing its push to monetize generative AI across its core software ecosystem. Article Title
- Positive Sentiment: Adobe expanded its Adobe Experience Platform through a collaboration with Alluvium to improve healthcare capacity management, suggesting broader enterprise use cases beyond creative software. Article Title
- Positive Sentiment: Adobe is expanding its India presence with a new office in Noida and a seventh campus, which underscores ongoing investment in AI innovation and international growth capacity. Article Title
- Positive Sentiment: Adobe is using National Small Business Week promotions to highlight Adobe Express, which could support adoption among smaller customers and strengthen its AI-driven creative tools narrative. Article Title
- Neutral Sentiment: Recent commentary says Adobe trades at a relatively low valuation after a steep year-to-date decline, but investor sentiment remains cautious and mixed despite GenAI rollout efforts. Article Title
- Neutral Sentiment: Adobe has also been in the news for a recent pullback after a six-session rally, indicating short-term volatility rather than a clear change in fundamentals. Article Title
Insider Transactions at Adobe
In other news, CFO Daniel Durn sold 1,336 shares of the company’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $248.02, for a total transaction of $331,354.72. Following the completion of the sale, the chief financial officer owned 42,833 shares in the company, valued at approximately $10,623,440.66. This represents a 3.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Jillian Forusz sold 755 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $246.25, for a total value of $185,918.75. Following the sale, the chief accounting officer owned 3,521 shares of the company’s stock, valued at approximately $867,046.25. This trade represents a 17.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 77,091 shares of company stock valued at $18,782,773 in the last three months. Corporate insiders own 0.20% of the company’s stock.
Adobe Stock Down 1.4%
ADBE opened at $253.04 on Friday. Adobe Inc. has a fifty-two week low of $224.13 and a fifty-two week high of $422.95. The business has a 50-day moving average of $250.40 and a 200-day moving average of $295.01. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market capitalization of $102.28 billion, a PE ratio of 14.74, a price-to-earnings-growth ratio of 0.99 and a beta of 1.42.
Adobe (NASDAQ:ADBE – Get Free Report) last posted 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 return on equity of 64.48% and a net margin of 29.48%.The company had revenue of $6.40 billion during the quarter, compared to the consensus estimate of $6.28 billion. During the same period last year, the business earned $5.08 EPS. The business’s quarterly revenue was up 12.0% on a year-over-year basis. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Equities research analysts forecast that Adobe Inc. will post 19.14 EPS for the current fiscal year.
Adobe announced that its board has initiated a stock repurchase program on Tuesday, April 21st that authorizes the company to buyback $25.00 billion in shares. This buyback authorization authorizes the software company to buy up to 24.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its stock is undervalued.
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.
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