First National Bank of Omaha Makes New $4.77 Million Investment in Adobe Inc. $ADBE

First National Bank of Omaha acquired a new stake in Adobe Inc. (NASDAQ:ADBE) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 13,521 shares of the software company’s stock, valued at approximately $4,770,000.

Other large investors also recently modified their holdings of the company. LSV Asset Management lifted its stake in shares of Adobe by 350.0% in the 2nd quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after purchasing an additional 56 shares during the period. Horizon Financial Services LLC increased its holdings in Adobe by 4,000.0% in the second quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock valued at $32,000 after purchasing an additional 80 shares during the last quarter. Total Investment Management Inc. acquired a new position in Adobe in the second quarter valued at about $35,000. Heartwood Wealth Advisors LLC bought a new position in Adobe during the third quarter worth about $35,000. Finally, Howard Hughes Medical Institute acquired a new position in shares of Adobe during the 2nd quarter worth about $36,000. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ADBE. Stifel Nicolaus reduced their price target on shares of Adobe from $480.00 to $450.00 and set a “buy” rating on the stock in a research report on Tuesday, December 9th. Mizuho reduced their target price on Adobe from $410.00 to $390.00 and set an “outperform” rating on the stock in a report on Thursday, November 20th. TD Cowen lowered their price target on Adobe from $420.00 to $400.00 and set a “hold” rating for the company in a report on Thursday, December 11th. Wolfe Research cut their price objective on Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a report on Thursday, December 11th. Finally, Barclays reissued an “overweight” rating and set a $415.00 target price on shares of Adobe in a research note on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Adobe currently has an average rating of “Hold” and a consensus target price of $397.16.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe may be oversold versus fundamentals — analysts and screeners point to compressed multiples and embedded AI (Firefly + integrated features in Creative Cloud) as reasons the stock could rebound if execution continues. 5 Software Stocks That Look Too Cheap to Ignore
• Positive Sentiment: Some investors and contributors view Adobe as attractively valued after the selloff (narratives of a 7‑year low / rating upgrades appear), implying potential upside for long‑term holders if AI concerns prove overblown. Adobe Looks Interesting At 7-Year Low (Rating Upgrade)
• Neutral Sentiment: Mixed headlines on strategy vs. risk: a Cognizant deal may expand enterprise distribution but concurrent AI‑related lawsuits raise legal/royalty uncertainty — a net mixed impact that raises volatility until resolved. Adobe AI Lawsuit And Cognizant Deal Reshape Investor Risk Reward Profile
• Neutral Sentiment: Short‑interest data reported in feeds appears inconsistent/erroneous (zeros/NaN). That suggests no clear evidence of a large short squeeze or unwind driving today’s trading — treat the short‑interest reports cautiously.
• Neutral Sentiment: Coverage/newswire snapshots show the stock drifting lower amid a stronger market backdrop; these are descriptive reads rather than new fundamentals. Adobe Systems (ADBE) Stock Dips While Market Gains: Key Facts
• Negative Sentiment: HSBC cut its price target (from $388 to $302) and kept a Hold rating, citing competitive risks from AI tools — analyst downgrades/target cuts are pressuring the stock and can accelerate outflows. HSBC Reduces PT on Adobe Inc. (ADBE) Stock
• Negative Sentiment: Macro narrative — multiple pieces warn of a “SaaSpocalypse” where AI could compress seat‑based SaaS pricing; that narrative is driving re‑rating risk for Adobe until the market is convinced Adobe can embed and monetize AI without losing pricing power. Adobe: The SaaS Apocalypse Is About To Meet A Valuation Check
• Negative Sentiment: Speculative/derivative trades and PR missteps amplify downside near term — bearish option screenshots and a Reddit backlash to company communications are increasing negative sentiment and short‑term volatility. Adobe Systems Bear Put Spread Could Return 163% in this Down Move Adobe damage control backfires on Reddit!

Adobe Stock Performance

Shares of NASDAQ ADBE opened at $260.45 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $106.91 billion, a P/E ratio of 15.59, a P/E/G ratio of 1.04 and a beta of 1.51. Adobe Inc. has a 12 month low of $251.10 and a 12 month high of $464.33. The stock has a 50 day moving average of $314.71 and a 200-day moving average of $333.38.

Adobe (NASDAQ:ADBE) last released its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, topping the consensus estimate of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The business had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $6.11 billion. During the same period last year, the firm posted $4.81 EPS. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. 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, equities research analysts predict that Adobe Inc. will post 16.65 EPS for the current year.

Insider Activity

In other news, CFO Daniel Durn sold 1,646 shares of the 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 completion of the transaction, the chief financial officer owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.16% of the company’s stock.

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.