Seilern Investment Management Ltd Purchases 2,876 Shares of Adobe Inc. $ADBE

Seilern Investment Management Ltd grew its position in shares of Adobe Inc. (NASDAQ:ADBE) by 1.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 179,896 shares of the software company’s stock after acquiring an additional 2,876 shares during the quarter. Adobe accounts for 4.6% of Seilern Investment Management Ltd’s holdings, making the stock its 13th biggest position. Seilern Investment Management Ltd’s holdings in Adobe were worth $36,882,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ADBE. Nicholas Company Inc. grew its holdings in shares of Adobe by 7.6% in the 4th quarter. Nicholas Company Inc. now owns 174,626 shares of the software company’s stock valued at $61,117,000 after acquiring an additional 12,400 shares in the last quarter. Teacher Retirement System of Texas raised its holdings in Adobe by 13.4% during the fourth quarter. Teacher Retirement System of Texas now owns 215,611 shares of the software company’s stock worth $75,462,000 after acquiring an additional 25,435 shares in the last quarter. Wealthfront Advisers LLC boosted its position in Adobe by 13.2% during the fourth quarter. Wealthfront Advisers LLC now owns 55,179 shares of the software company’s stock valued at $19,312,000 after purchasing an additional 6,426 shares during the last quarter. Orange Investment Advisors Inc. boosted its position in Adobe by 21.6% during the fourth quarter. Orange Investment Advisors Inc. now owns 29,541 shares of the software company’s stock valued at $10,339,000 after purchasing an additional 5,254 shares during the last quarter. Finally, Milestone Asset Management LLC grew its stake in Adobe by 426.2% in the fourth quarter. Milestone Asset Management LLC now owns 7,478 shares of the software company’s stock valued at $2,617,000 after purchasing an additional 6,057 shares in the last quarter. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Adobe

In related news, CAO Jillian Forusz sold 416 shares of Adobe stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total transaction of $109,961.28. Following the completion of the sale, the chief accounting officer owned 3,824 shares of the company’s stock, valued at approximately $1,010,797.92. The trade was a 9.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David A. Ricks purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was bought at an average price of $194.51 per share, for a total transaction of $1,945,100.00. Following the purchase, the director owned 17,655 shares in the company, valued at $3,434,074.05. The trade was a 130.63% increase in their position. The SEC filing for this purchase provides additional information. 0.20% of the stock is owned by insiders.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe launched a unified ChatGPT plug-in that brings more than 70 creative and productivity tools—including Photoshop, Lightroom, Acrobat, image, video and PDF capabilities—directly into OpenAI’s chatbot. The integration could make Adobe’s products easier to access, expand usage and position the company as an AI enabler rather than an AI casualty. Adobe Debuts ChatGPT App Featuring All Its Programs
• Positive Sentiment: Recent coverage highlights Adobe’s valuation after its sharp sell-off. The company is still producing double-digit revenue growth, stable margins and substantial free cash flow, while its latest quarterly results exceeded earnings and revenue expectations. A recovery in investor sentiment or a valuation re-rating could provide significant upside. Buy the Dip or Run: 3 Software Stocks Down 50% Face Their Moment of Truth
• Positive Sentiment: Zacks characterized ADBE as both a long-term growth candidate and a strong value stock, reflecting its depressed valuation relative to historical levels and continuing earnings potential. Why Adobe Systems Is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Akamai’s strong cloud and security results offer an indirect positive signal because Adobe is among its customers, but the report does not provide new information about Adobe’s financial performance. Akamai Beats Quarterly Estimates on Cloud Infrastructure Demand
• Negative Sentiment: Adobe remains one of the software companies targeted by AI-disruption concerns. AI-native competitors could pressure pricing, customer retention and growth, and promotional commentary warns of insider selling, talent departures and business-model changes. These claims are not confirmed in the supplied reporting, but they underscore the key risk investors are monitoring. These Are the Four Signs a Company Is About to Be Destroyed by AI

Adobe Stock Performance

ADBE opened at $265.21 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.42. Adobe Inc. has a 12-month low of $190.12 and a 12-month high of $370.86. The business has a 50 day moving average of $228.08 and a 200-day moving average of $247.10. The stock has a market cap of $105.42 billion, a price-to-earnings ratio of 15.17, a PEG ratio of 0.89 and a beta of 1.40.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings results on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, beating analysts’ consensus estimates of $5.82 by $0.14. Adobe had a return on equity of 65.11% and a net margin of 28.69%.The business had revenue of $6.62 billion for the quarter, compared to analysts’ expectations of $6.45 billion. During the same quarter in the prior year, the business earned $5.06 EPS. The firm’s revenue for the quarter was up 12.7% on a year-over-year basis. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. On average, equities research analysts expect that Adobe Inc. will post 19.81 earnings per share for the current year.

Adobe announced that its Board of Directors has initiated a share repurchase program on Tuesday, April 21st that permits the company to buyback $25.00 billion in shares. This buyback authorization permits the software company to buy up to 24.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

Several research firms have weighed in on ADBE. Piper Sandler dropped their price objective on Adobe from $280.00 to $240.00 and set a “neutral” rating on the stock in a research note on Friday, June 12th. Phillip Securities cut shares of Adobe from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Citizens Jmp restated a “market perform” rating on shares of Adobe in a report on Friday, June 12th. Mizuho dropped their price target on shares of Adobe from $270.00 to $245.00 and set a “neutral” rating on the stock in a research report on Friday, June 12th. Finally, KeyCorp cut their price target on shares of Adobe from $235.00 to $195.00 and set an “underweight” rating for the company in a research note on Friday, June 12th. Seven equities research analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $271.30.

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.