Amiral Gestion Increases Stock Position in Adobe Inc. $ADBE

Amiral Gestion boosted its position in Adobe Inc. (NASDAQ:ADBE) by 28.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 124,108 shares of the software company’s stock after purchasing an additional 27,159 shares during the period. Adobe comprises about 15.9% of Amiral Gestion’s portfolio, making the stock its biggest holding. Amiral Gestion’s holdings in Adobe were worth $43,779,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ADBE. 1248 Management LLC purchased a new stake in Adobe during the 1st quarter worth about $25,000. LSV Asset Management boosted its position in Adobe by 350.0% during the second quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after buying an additional 56 shares during the period. Flaharty Asset Management LLC purchased a new stake in Adobe during the 1st quarter valued at $29,000. Nexus Investment Management ULC purchased a new stake in Adobe in the second quarter worth $31,000. Finally, Horizon Financial Services LLC boosted its position in Adobe by 4,000.0% during the 2nd quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock valued at $32,000 after acquiring an additional 80 shares in the last quarter. Institutional investors own 81.79% of the company’s stock.

Insider Buying and Selling

In other news, CAO Jillian Forusz sold 149 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $337.88, for a total value of $50,344.12. Following the transaction, the chief accounting officer owned 3,426 shares in the company, valued at $1,157,576.88. This trade represents a 4.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.16% of the company’s stock.

Adobe Stock Performance

Shares of ADBE opened at $355.81 on Friday. Adobe Inc. has a one year low of $311.58 and a one year high of $465.70. The stock has a 50-day moving average of $336.37 and a two-hundred day moving average of $356.18. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.02 and a current ratio of 1.00. The stock has a market cap of $148.94 billion, a P/E ratio of 21.29, a P/E/G ratio of 1.40 and a beta of 1.54.

Adobe (NASDAQ:ADBE) last issued its earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, topping analysts’ consensus estimates of $5.40 by $0.10. The firm had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $6.11 billion. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The company’s revenue was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.81 earnings per share. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. As a group, research analysts predict that Adobe Inc. will post 16.65 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Evercore ISI lowered their price target on Adobe from $475.00 to $450.00 and set an “outperform” rating for the company in a research report on Friday, September 12th. Piper Sandler lowered their price objective on Adobe from $500.00 to $470.00 and set an “overweight” rating on the stock in a research report on Friday, September 12th. JMP Securities reaffirmed a “market perform” rating on shares of Adobe in a research note on Friday, September 12th. Oppenheimer dropped their price objective on shares of Adobe from $460.00 to $430.00 and set an “outperform” rating for the company in a research note on Thursday, December 11th. Finally, Wall Street Zen lowered Adobe from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $417.93.

Adobe Profile

Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.