AE Wealth Management LLC Has $13.82 Million Holdings in Adobe Inc. $ADBE

AE Wealth Management LLC boosted its stake in Adobe Inc. (NASDAQ:ADBE) by 24.0% in the third quarter, HoldingsChannel reports. The firm owned 39,189 shares of the software company’s stock after acquiring an additional 7,596 shares during the period. AE Wealth Management LLC’s holdings in Adobe were worth $13,824,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. LSV Asset Management increased 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 acquiring an additional 56 shares during the last quarter. Nexus Investment Management ULC acquired a new position in Adobe during the second quarter valued at approximately $31,000. Horizon Financial Services LLC increased its stake 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 in the last quarter. Total Investment Management Inc. acquired a new stake in Adobe in the second quarter worth $35,000. Finally, Howard Hughes Medical Institute bought a new position in shares of Adobe during the second quarter worth $36,000. Institutional investors own 81.79% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the stock. DA Davidson restated a “buy” rating and issued a $500.00 price objective on shares of Adobe in a research report on Thursday, December 11th. Oppenheimer cut Adobe from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 13th. Wells Fargo & Company dropped their price target on Adobe from $470.00 to $420.00 and set an “overweight” rating on the stock in a research report on Thursday, November 20th. Stifel Nicolaus cut their price objective on Adobe from $480.00 to $450.00 and set a “buy” rating on the stock in a report on Tuesday, December 9th. Finally, Morgan Stanley lowered their target price on Adobe from $450.00 to $425.00 and set an “equal weight” rating for the company in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $397.19.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Bharti Airtel partnership expands Adobe Express reach to hundreds of millions of users — Airtel will give free Adobe Express Premium access to its user base (reported across outlets), which should boost user adoption and long‑term monetization opportunities in India and other markets. Airtel offers 360M users free Adobe Express Premium
• Positive Sentiment: Product momentum: meaningful Photoshop upgrades may support subscriber retention/ARPU — press coverage highlights enhancements (clarity/dehaze layers and other workflow features) that strengthen Creative Cloud differentiation for pros. Adobe Announces New Upgrades To Photoshop
• Neutral Sentiment: Market chatter and commentary are mixed — TV and column remarks (e.g., Jim Cramer saying he’s unsure) and premarket writeups note the stock is following broader tech weakness; these are sentiment drivers but add no new fundamental change. “I Don’t Know What to do With Adobe,” Says Jim Cramer
• Negative Sentiment: Acquisition concerns: Adobe bought Semrush at a ~78% premium — investors may view the price as expensive, raising worries about overpaying, near‑term cash/earnings impact and integration risk. Adobe Acquired Semrush Holdings at a 78% premium
• Negative Sentiment: Semrush merger legal risk — shareholder lawsuits over the proposed deal add potential delay, costs and execution uncertainty. Semrush Faces Shareholder Lawsuits
• Negative Sentiment: Analyst downgrades and comparative calls — recent downgrades (Goldman, BMO, Jefferies coverage) and pieces favoring other enterprise/AI software names (Salesforce, Figma) pressure sentiment and lower the stock’s near‑term outlook. Goldman, BMO, and Jefferies downgrade Adobe
• Negative Sentiment: Insider selling: CFO Daniel Durn sold shares recently — such filings can weigh on investor sentiment even if routine. Adobe CFO Daniel Durn Sells Shares

Adobe Stock Down 2.6%

ADBE stock opened at $291.65 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market capitalization of $119.72 billion, a P/E ratio of 17.45, a P/E/G ratio of 1.18 and a beta of 1.53. Adobe Inc. has a fifty-two week low of $284.60 and a fifty-two week high of $465.70. The business has a 50-day moving average of $329.37 and a 200-day moving average of $342.46.

Adobe (NASDAQ:ADBE) last announced its earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter last year, the firm earned $4.81 EPS. Adobe’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. On average, sell-side analysts anticipate that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Insider Activity at Adobe

In related news, CFO Daniel Durn sold 1,646 shares of the stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.16% of the stock is currently owned by corporate insiders.

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.