Cache Advisors LLC Acquires 2,316 Shares of Adobe Inc. $ADBE

Cache Advisors LLC increased its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 118.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,279 shares of the software company’s stock after purchasing an additional 2,316 shares during the quarter. Cache Advisors LLC’s holdings in Adobe were worth $1,498,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Riverbend Wealth Management LLC lifted its stake in Adobe by 1.8% in the 3rd quarter. Riverbend Wealth Management LLC now owns 1,668 shares of the software company’s stock valued at $588,000 after buying an additional 29 shares in the last quarter. Beacon Financial Advisory LLC lifted its stake in Adobe by 5.5% in the 3rd quarter. Beacon Financial Advisory LLC now owns 577 shares of the software company’s stock valued at $204,000 after buying an additional 30 shares in the last quarter. MCF Advisors LLC lifted its stake in Adobe by 20.8% in the 3rd quarter. MCF Advisors LLC now owns 174 shares of the software company’s stock valued at $61,000 after buying an additional 30 shares in the last quarter. Dakota Community Bank & Trust NA lifted its stake in Adobe by 12.8% in the 2nd quarter. Dakota Community Bank & Trust NA now owns 274 shares of the software company’s stock valued at $106,000 after buying an additional 31 shares in the last quarter. Finally, Orrstown Financial Services Inc. lifted its stake in Adobe by 1.2% in the 3rd quarter. Orrstown Financial Services Inc. now owns 2,628 shares of the software company’s stock valued at $927,000 after buying an additional 31 shares in the last quarter. Institutional investors own 81.79% of the company’s stock.

Adobe Trading Down 0.3%

Shares of Adobe stock opened at $239.31 on Thursday. The firm has a market cap of $96.73 billion, a PE ratio of 13.94, a P/E/G ratio of 0.95 and a beta of 1.52. Adobe Inc. has a fifty-two week low of $233.15 and a fifty-two week high of $422.95. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.47. The business’s fifty day moving average is $259.42 and its two-hundred day moving average is $309.09.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, topping the consensus estimate of $5.87 by $0.19. The business had revenue of $6.40 billion for the quarter, compared to analyst estimates of $6.28 billion. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The company’s revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the firm posted $5.08 EPS. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Analysts anticipate that Adobe Inc. will post 16.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ADBE. Morgan Stanley reduced their target price on shares of Adobe from $425.00 to $365.00 and set an “equal weight” rating on the stock in a report on Friday, March 13th. Wall Street Zen upgraded shares of Adobe from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Argus restated a “hold” rating on shares of Adobe in a report on Monday, March 16th. Piper Sandler reduced their target price on shares of Adobe from $330.00 to $280.00 and set a “neutral” rating on the stock in a report on Friday, March 13th. Finally, UBS Group reduced their target price on shares of Adobe from $340.00 to $290.00 and set a “neutral” rating on the stock in a report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fourteen have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $343.88.

Adobe News Roundup

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe launched Acrobat/Student Spaces, a free AI‑powered study tool aimed at students — expands Adobe’s AI product footprint, increases user engagement and top‑of‑funnel reach for future paid conversion. Adobe launches Acrobat Spaces, a free AI-powered study tool for students
• Positive Sentiment: Analysts note Adobe’s BPC (Digital Media) segment is growing from AI features and user expansion (Adobe cited as reaching ~850M users), supporting near‑term revenue and upsell opportunities. Adobe’s BPC Segment Grows From AI and User Expansion: What’s Ahead?
• Positive Sentiment: Coverage highlights Adobe “thriving” in the AI landscape — reinforcing a narrative that its entrenched workflows and AI integrations could defend pricing and retention vs. newer rivals. Adobe (ADBE) is Thriving in the AI Landscape
• Neutral Sentiment: Some outlets flag Adobe as a value/discounted long‑term buy today — a reminder that valuation re‑rating is part of investor debate even as fundamentals evolve. Why Adobe Systems (ADBE) is a Top Value Stock for the Long-Term
• Negative Sentiment: Concerns over leadership transition (planned retirement of CEO Shantanu Narayen) and intensifying AI competition have prompted analyst reassessments and investor caution — a near‑term risk to sentiment and premium valuation. Leadership Shift And AI Rivals Might Change The Case For Investing In Adobe (ADBE)

Insider Buying and Selling at Adobe

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 transaction of $485,323.10. Following the transaction, the chief financial officer directly owned 41,995 shares in the company, valued at $12,382,225.75. This represents a 3.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.20% of the stock is currently owned by insiders.

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.