Pacifica Partners Inc. Grows Stock Position in Adobe Inc. $ADBE

Pacifica Partners Inc. boosted its holdings in Adobe Inc. (NASDAQ:ADBE) by 66.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,380 shares of the software company’s stock after acquiring an additional 2,148 shares during the period. Pacifica Partners Inc.’s holdings in Adobe were worth $1,793,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in ADBE. CX Institutional raised its position in shares of Adobe by 72.9% during the 3rd quarter. CX Institutional now owns 27,922 shares of the software company’s stock worth $9,849,000 after purchasing an additional 11,769 shares during the last quarter. Wright Investors Service Inc. grew its holdings in Adobe by 114.4% during the 3rd quarter. Wright Investors Service Inc. now owns 9,919 shares of the software company’s stock valued at $3,499,000 after buying an additional 5,293 shares during the last quarter. Federated Hermes Inc. grew its holdings in Adobe by 185.1% during the 3rd quarter. Federated Hermes Inc. now owns 898,408 shares of the software company’s stock valued at $316,913,000 after buying an additional 583,275 shares during the last quarter. Jones Financial Companies Lllp increased its position in Adobe by 43.8% during the third quarter. Jones Financial Companies Lllp now owns 106,598 shares of the software company’s stock worth $38,309,000 after buying an additional 32,448 shares in the last quarter. Finally, Victory Capital Management Inc. increased its position in Adobe by 112.6% during the third quarter. Victory Capital Management Inc. now owns 1,341,410 shares of the software company’s stock worth $469,467,000 after buying an additional 710,357 shares in the last quarter. 81.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Adobe

In other Adobe news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the transaction, the chief financial officer owned 41,995 shares in the company, valued at $12,382,225.75. This trade represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

ADBE has been the topic of several recent research reports. Oppenheimer restated a “market perform” rating on shares of Adobe in a research report on Friday, March 13th. The Goldman Sachs Group dropped their price objective on Adobe from $290.00 to $220.00 and set a “sell” rating for the company in a research report on Friday, March 13th. TD Cowen cut their target price on shares of Adobe from $400.00 to $325.00 and set a “hold” rating for the company in a research note on Tuesday, March 10th. Royal Bank Of Canada restated an “outperform” rating and issued a $430.00 target price on shares of Adobe in a report on Monday, March 9th. Finally, Argus reiterated a “hold” rating on shares of Adobe in a report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, Adobe currently has an average rating of “Hold” and an average price target of $343.88.

Adobe Trading Up 0.9%

NASDAQ ADBE opened at $248.15 on Monday. The company has a market cap of $101.87 billion, a P/E ratio of 14.45, a P/E/G ratio of 0.97 and a beta of 1.53. Adobe Inc. has a 12 month low of $241.00 and a 12 month high of $422.95. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 1.00. The company has a 50-day moving average of $275.23 and a 200-day moving average of $319.13.

Adobe (NASDAQ:ADBE) last released its earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.87 by $0.19. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The business had revenue of $6.40 billion for the quarter, compared to analysts’ expectations of $6.28 billion. During the same period last year, the company earned $5.08 earnings per share. The company’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. As a group, equities analysts predict that Adobe Inc. will post 16.65 earnings per share for the current year.

Adobe News Roundup

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Q1 results and guidance beat expectations — Adobe reported better‑than‑expected revenue and EPS and provided FY26/Q2 guidance, supporting the fundamental bull case (strong margins and AI product adoption).
• Positive Sentiment: Adobe partners with NVIDIA to bolster Firefly and AI workflows, a strategic tie that can accelerate product capabilities and enterprise adoption. Adobe Taps NVIDIA for AI
• Positive Sentiment: High‑profile commercial deals — expanded multi‑year MLB partnership increases Adobe’s enterprise reach and provides a visible use case for its AI and marketing tools. Adobe’s MLB Deal Puts AI Tools To The Test At Scale
• Neutral Sentiment: Data anomaly on short interest — recent filings show zero short interest (likely a reporting glitch), so short‑interest metrics are unreliable right now and not driving a clear directional signal.
• Neutral Sentiment: Several analyst pieces and think‑pieces (bull and bear) are amplifying volatility but offer mixed conclusions on valuation versus growth; these are influencing sentiment more than fundamentals. Assessing Adobe (ADBE) Valuation
• Negative Sentiment: Regulatory pressure — U.K. antitrust probe into early cancellation fees and a reported $75M remediation/penalty raise legal/operational risk and headline risk. UK regulator probes Adobe over cancellation fees
• Negative Sentiment: Competitive threats from Big Tech — Google’s redesigned Stitch platform and repeated comparisons showing Microsoft’s Azure/AI momentum are pressuring Adobe’s growth narrative and multiple. Adobe Stock Drops After Google’s Stitch Redesign
• Negative Sentiment: Investor positioning and options activity — unusually large put buying and bearish commentary (including “SaaSpocalypse” headlines) signal elevated downside risk and likely contributed to recent selling pressure.
• Negative Sentiment: Leadership uncertainty — the announced CEO transition is cited in multiple analyses as a near‑term risk to sentiment and has added to the stock’s recent weakness. Microsoft vs. Adobe: Which Software Giant Has Better Upside Potential?

Adobe 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.