Adobe (NASDAQ:ADBE) CFO Sells $485,323.10 in Stock

Adobe Inc. (NASDAQ:ADBE) CFO Daniel Durn sold 1,646 shares of the stock in a transaction that occurred on 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 sale, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Adobe Stock Performance

NASDAQ ADBE opened at $291.65 on Friday. 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 stock’s fifty day moving average is $329.37 and its two-hundred day moving average is $342.46. The firm has a market capitalization of $119.72 billion, a P/E ratio of 17.45, a price-to-earnings-growth 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.

Adobe (NASDAQ:ADBE) last issued its earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 61.28% and a net margin of 30.00%.The company’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period last year, the company earned $4.81 EPS. 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, research analysts anticipate that Adobe Inc. will post 16.65 earnings per share for the current year.

Institutional Trading of Adobe

Several hedge funds have recently made changes to their positions in the business. Brighton Jones LLC raised its stake in shares of Adobe by 2.1% in the fourth quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock valued at $3,588,000 after acquiring an additional 167 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in Adobe by 25.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock worth $926,000 after purchasing an additional 486 shares during the period. Patton Fund Management Inc. acquired a new stake in Adobe in the 2nd quarter valued at about $231,000. Sage Rhino Capital LLC purchased a new position in shares of Adobe in the 2nd quarter valued at about $205,000. Finally, Avior Wealth Management LLC boosted its stake in shares of Adobe by 62.7% in the 2nd quarter. Avior Wealth Management LLC now owns 1,928 shares of the software company’s stock valued at $746,000 after buying an additional 743 shares during the period. Institutional investors and hedge funds own 81.79% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on ADBE. Weiss Ratings reiterated a “hold (c-)” rating on shares of Adobe in a report on Monday, December 29th. Wells Fargo & Company decreased their price target on Adobe from $470.00 to $420.00 and set an “overweight” rating on the stock in a research note on Thursday, November 20th. DA Davidson reissued a “buy” rating and set a $500.00 price objective on shares of Adobe in a research report on Thursday, December 11th. Robert W. Baird set a $350.00 target price on shares of Adobe in a research report on Wednesday, January 14th. Finally, Barclays reiterated an “overweight” rating and set a $415.00 price target on shares of Adobe in a research report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Adobe has an average rating of “Hold” and an average price target of $397.19.

Key Headlines 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 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.