Adobe Inc. $ADBE Shares Sold by Investment House LLC

Investment House LLC reduced its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 48.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 53,423 shares of the software company’s stock after selling 50,063 shares during the quarter. Investment House LLC’s holdings in Adobe were worth $12,818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in shares of Adobe during the second quarter valued at about $8,437,821,000. Arrowstreet Capital Limited Partnership increased its stake in Adobe by 9.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 6,792,275 shares of the software company’s stock valued at $1,651,066,000 after acquiring an additional 563,772 shares during the period. Amundi increased its stake in Adobe by 1.1% during the first quarter. Amundi now owns 4,724,102 shares of the software company’s stock valued at $1,148,335,000 after acquiring an additional 53,424 shares during the period. Primecap Management Co. CA acquired a new position in Adobe in the 2nd quarter valued at approximately $1,071,668,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Adobe by 0.4% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,045,547 shares of the software company’s stock valued at $1,034,438,000 after purchasing an additional 18,995 shares during the period. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Adobe Price Performance

Shares of ADBE stock opened at $270.55 on Friday. The stock’s fifty day simple moving average is $255.84 and its 200 day simple moving average is $243.40. Adobe Inc. has a one year low of $190.12 and a one year high of $363.70. The firm has a market cap of $105.30 billion, a price-to-earnings ratio of 15.10, a P/E/G ratio of 0.89 and a beta of 1.42. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.77.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings results on Thursday, September 10th. The software company reported $6.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.08 by $0.05. Adobe had a net margin of 28.05% and a return on equity of 65.65%. The firm had revenue of $6.76 billion during the quarter, compared to the consensus estimate of $6.69 billion. During the same period last year, the firm posted $5.31 EPS. The firm’s quarterly revenue was up 12.9% on a year-over-year basis. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. On average, analysts expect that Adobe Inc. will post 20.01 earnings per share for the current fiscal year.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe’s expanded AI relationship with NVIDIA is supporting expectations for faster creative workflows and broader adoption of AI-powered features across its Creative Cloud and enterprise products. The company has also announced AI-focused customer-experience partnerships with Heathrow Airport and BWT Alpine Formula One Team. Adobe Deepens AI Partnerships
• Positive Sentiment: The BWT Alpine agreement names Adobe the team’s Official AI Fan Experience Partner, providing a visible commercial use case for personalized digital experiences and potentially strengthening Adobe’s AI brand. Adobe and BWT Alpine Partnership
• Positive Sentiment: Investors are emphasizing Adobe’s relatively depressed valuation, recurring-revenue buildup and long-term value potential. Analysts also point to the expanding digital-signature market, where Adobe’s Acrobat and Document Cloud products are established participants. Adobe Deep Value Amid Continued ARR Buildup
• Neutral Sentiment: The rebound appears driven partly by sector positioning rather than a new earnings report: investors are selectively buying software companies that had been hurt by fears that generative AI could reduce demand for traditional applications. Adobe’s shares remain well below their 52-week high, leaving room for a valuation-driven recovery but also signaling unresolved concerns. Adobe and Software Stock Rebound
• Negative Sentiment: Risks remain from AI-native tools such as Claude and Gemini, which could challenge Adobe’s app-based model and pressure growth. The stock has also lagged the broader market over longer periods, so investors will likely need evidence that AI monetization can accelerate revenue and recurring annual revenue growth. Adobe App-less AI Competition

Insider Activity

In other Adobe news, CAO Jillian Forusz sold 416 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total value of $109,961.28. Following the completion of the transaction, the chief accounting officer directly 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Shantanu Narayen sold 74,500 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $251.56, for a total value of $18,741,220.00. Following the completion of the sale, the chief executive officer directly owned 289,224 shares of the company’s stock, valued at approximately $72,757,189.44. The trade was a 20.48% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 125,416 shares of company stock worth $31,454,466. 0.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ADBE. JPMorgan Chase & Co. cut their target price on Adobe from $340.00 to $315.00 and set an “overweight” rating for the company in a research note on Friday, September 11th. Barclays boosted their price target on shares of Adobe from $250.00 to $295.00 and gave the company an “equal weight” rating in a report on Thursday, September 3rd. Bank of America increased their price objective on shares of Adobe from $190.00 to $220.00 and gave the company an “underperform” rating in a research note on Wednesday, August 19th. Stifel Nicolaus increased their price objective on shares of Adobe from $200.00 to $225.00 and gave the company a “hold” rating in a research note on Wednesday, September 9th. Finally, Mizuho set a $260.00 price objective on shares of Adobe and gave the stock a “neutral” rating in a report on Tuesday, September 8th. Nine analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and seven have issued a Sell rating to the company. According to MarketBeat, Adobe has an average rating of “Hold” and an average price target of $283.90.

About Adobe

Adobe Inc is a global software company that develops digital tools for creative professionals, businesses, marketers, and individual users. Its products help customers create, edit, publish, manage, and measure digital content across websites, mobile applications, documents, and other media.

The company’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, InDesign, Premiere Pro, and Acrobat. Adobe also offers Document Cloud, which provides tools for creating, editing, sharing, signing, and managing digital documents, and Experience Cloud, a suite of solutions for digital marketing, analytics, commerce, customer journeys, and content management.