Adobe Inc. $ADBE Position Boosted by 1776 Wealth LLC

1776 Wealth LLC increased its position in Adobe Inc. (NASDAQ:ADBE) by 7.4% in the third quarter, Holdings Channel reports. The firm owned 37,046 shares of the software company’s stock after purchasing an additional 2,542 shares during the quarter. Adobe accounts for 5.0% of 1776 Wealth LLC’s holdings, making the stock its 4th biggest holding. 1776 Wealth LLC’s holdings in Adobe were worth $13,068,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Adobe in the 2nd quarter valued at approximately $2,029,950,000. Invesco Ltd. grew its position in Adobe by 16.1% in the second quarter. Invesco Ltd. now owns 4,407,162 shares of the software company’s stock valued at $1,705,043,000 after acquiring an additional 610,215 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Adobe by 17.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,664,151 shares of the software company’s stock valued at $1,417,587,000 after buying an additional 548,903 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Adobe by 0.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 2,922,630 shares of the software company’s stock valued at $1,130,707,000 after acquiring an additional 24,333 shares during the last quarter. Finally, Schroder Investment Management Group increased its holdings in shares of Adobe by 3.8% in the second quarter. Schroder Investment Management Group now owns 2,137,724 shares of the software company’s stock worth $827,043,000 after acquiring an additional 78,186 shares in the last quarter. Institutional investors own 81.79% of the company’s stock.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Multiple analysts and valuation screens flag ADBE as attractively valued or a buy-after-pullback, arguing AI disruption fears are overblown and positioning Adobe as a long-term growth/value play. Here Are The Most Overvalued And Undervalued U.S. Tech Stocks
• Positive Sentiment: Zacks highlights Adobe as a strong growth and long-term value candidate, which supports the case some investors are using the sell-off to add exposure. Why Adobe Systems (ADBE) is a Top Value Stock for the Long-Term
• Positive Sentiment: Strategists and commentators say the recent software pullback could be a buying opportunity; JP Morgan and others view the sell-off as overdone relative to fundamentals. AI disruption fears create buying chance in US software stocks, strategists say
• Positive Sentiment: Columnists argue Adobe is “too cheap to ignore” and expect AI-related fears to be overstated, which may attract value-oriented buyers. Adobe: Too Cheap To Ignore, AI Fears Overblown
• Positive Sentiment: Barron’s and others point to heavy short interest across software names and the potential for a short-squeeze rally, which could boost Adobe if sentiment stabilizes. Software Stocks Look Primed for a Short Squeeze
• Positive Sentiment: Several bullish takes argue Adobe could bounce from multi-year lows as investors rotate back into higher-quality software names. Adobe: Bullish On A Bounce Back From Multi-Year Lows
• Neutral Sentiment: Market breadth and a modest Nasdaq rebound improved sentiment for software stocks generally, which could help Adobe if the sector rally continues. Nasdaq Jumps Over 200 Points As Software Stocks Rebound
• Neutral Sentiment: Reported short-interest figures in the feed are inconsistent/zeroed (showing 0 shares and NaN changes), so they don’t provide a reliable signal about positioning in ADBE right now.
• Negative Sentiment: Adobe faces a new class-action claim alleging it used pirated books to train AI models — this raises legal and reputational risk that investors are pricing in. Class Suit Accuses Adobe of Using Pirated Books to Train AI Models
• Negative Sentiment: Headline coverage points out Adobe fell more than the broader market during the latest sell-off, contributing to downside momentum and stop-loss activity. Adobe Systems (ADBE) Falls More Steeply Than Broader Market
• Negative Sentiment: Pieces highlighting “FOBO” and sector rotation note Adobe and peers have been beaten by defensive/consumer names, reinforcing short-term selling pressure. FOBO (Not FOMO) Hits Tech Heavy Portfolios Hard; Tech Stocks Adobe, Salesforce Beaten By Walmart, Hershey

Insider Buying and Selling at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of the company’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the sale, the chief financial officer owned 41,995 shares in the company, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.16% of the company’s stock.

Adobe Trading Down 2.8%

Shares of Adobe stock opened at $257.16 on Thursday. The company’s fifty day moving average is $320.86 and its two-hundred day moving average is $336.36. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market capitalization of $105.56 billion, a P/E ratio of 15.39, a PEG ratio of 1.04 and a beta of 1.51. Adobe Inc. has a 1 year low of $255.71 and a 1 year high of $465.70.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data 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 net margin of 30.00% and a return on equity of 61.28%. The firm’s revenue was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Analysts forecast that Adobe Inc. will post 16.65 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ADBE. Robert W. Baird set a $350.00 price target on shares of Adobe in a research note on Wednesday, January 14th. Royal Bank Of Canada restated an “outperform” rating and set a $430.00 target price on shares of Adobe in a research report on Thursday, December 11th. TD Cowen lowered their target price on Adobe from $420.00 to $400.00 and set a “hold” rating for the company in a report on Thursday, December 11th. Wall Street Zen cut shares of Adobe from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Oppenheimer downgraded Adobe from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $401.13.

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.