Atria Investments Inc Sells 17,319 Shares of Adobe Inc. $ADBE

Atria Investments Inc decreased its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 36.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 30,268 shares of the software company’s stock after selling 17,319 shares during the quarter. Atria Investments Inc’s holdings in Adobe were worth $10,677,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Norges Bank bought a new position in shares of Adobe during the 2nd quarter valued at about $2,029,950,000. Invesco Ltd. boosted its stake in Adobe by 16.1% during the second quarter. Invesco Ltd. now owns 4,407,162 shares of the software company’s stock valued at $1,705,043,000 after buying an additional 610,215 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Adobe by 17.6% during the 2nd 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. increased its stake in Adobe by 0.8% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,922,630 shares of the software company’s stock worth $1,130,707,000 after acquiring an additional 24,333 shares during the last quarter. Finally, Schroder Investment Management Group raised its holdings in shares of Adobe by 3.8% during the 2nd 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. 81.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. BMO Capital Markets cut shares of Adobe from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $400.00 to $375.00 in a research report on Friday, January 9th. Mizuho reduced their target price on shares of Adobe from $410.00 to $390.00 and set an “outperform” rating on the stock in a report on Thursday, November 20th. Wolfe Research decreased their target price on shares of Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a research report on Thursday, December 11th. UBS Group dropped their price target on Adobe from $375.00 to $340.00 and set a “neutral” rating for the company in a research report on Monday, January 26th. Finally, Wells Fargo & Company reduced their price objective on Adobe from $470.00 to $420.00 and set an “overweight” rating on the stock in a research note on Thursday, November 20th. One investment 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Adobe presently has a consensus rating of “Hold” and an average target price of $401.13.

Adobe Stock Performance

Shares of NASDAQ:ADBE opened at $262.50 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53. Adobe Inc. has a 12 month low of $251.10 and a 12 month high of $465.70. The company has a market capitalization of $107.76 billion, a price-to-earnings ratio of 15.71, a PEG ratio of 1.01 and a beta of 1.51. The firm’s 50-day moving average is $319.53 and its 200 day moving average is $335.84.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.40 by $0.10. The business had revenue of $6.19 billion during 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 quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter last 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. Research analysts predict that Adobe Inc. will post 16.65 EPS for the current year.

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the stock in a transaction on Tuesday, January 27th. The stock was 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 $12,382,225.75. This trade represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.16% of the stock is currently owned by insiders.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reported a recent quarterly beat, solid margins and set FY26 guidance that implies continued earnings strength, which supports valuation and investor buying interest.
• Positive Sentiment: Adobe deepened its enterprise generative-AI partnership with Cognizant — a commercial push that helps monetize AI across large customers and supports revenue growth expectations. Adobe Deepens Cognizant Alliance To Push Enterprise Generative AI Adoption
• Positive Sentiment: Multiple analysts and outlets are calling software stocks (including Adobe) attractive after the sell-off — several pieces argue ADBE looks undervalued or “too cheap to ignore,” encouraging value-oriented buying. Adobe: Too Cheap To Ignore, AI Fears Overblown
• Positive Sentiment: Market commentary suggests heavy short interest across software names could set up a near‑term squeeze if prices stabilize; that dynamics can amplify rallies in beaten-down leaders like Adobe. Software Stocks Look Primed for a Short Squeeze
• Neutral Sentiment: Short‑interest data reported for Adobe in mid‑February shows anomalous/zero figures and inconsistent prints across feeds, so current short-interest signals are unclear and shouldn’t be over‑interpreted.
• Neutral Sentiment: PR and industry programs such as Adobe’s Creative Collective aim to bolster brand/industry positioning but are unlikely to move the stock materially in the near term. Adobe’s Creative Collective assembles multidisciplinary experts to analyse and advise on the industry’s big changes
• Negative Sentiment: A class-action suit alleges Adobe used pirated books to train AI models — this introduces legal and PR risk that could result in costs, injunctions or investor concern if litigation escalates. Class Suit Accuses Adobe of Using Pirated Books to Train AI Models
• Negative Sentiment: Short-term price weakness was highlighted in recent market coverage (ADBE fell more steeply than the broader market on the latest close), reflecting continued investor caution around AI disruption and the broader tech sell-off. Adobe Systems (ADBE) Falls More Steeply Than Broader Market: What Investors Need to Know

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.