Adobe Inc. $ADBE Shares Purchased by Amiral Gestion

Amiral Gestion increased its holdings in Adobe Inc. (NASDAQ:ADBE) by 28.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 124,108 shares of the software company’s stock after buying an additional 27,159 shares during the period. Adobe comprises approximately 15.9% of Amiral Gestion’s holdings, making the stock its biggest position. Amiral Gestion’s holdings in Adobe were worth $43,779,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Pacifica Partners Inc. boosted its stake in Adobe by 165.8% in the 3rd quarter. Pacifica Partners Inc. now owns 3,232 shares of the software company’s stock worth $1,111,000 after purchasing an additional 2,016 shares during the period. Talbot Financial LLC boosted its holdings in Adobe by 11.1% in the third quarter. Talbot Financial LLC now owns 51,276 shares of the software company’s stock worth $18,088,000 after purchasing an additional 5,119 shares in the last quarter. First County Bank CT raised its stake in shares of Adobe by 10.4% in the 3rd quarter. First County Bank CT now owns 1,320 shares of the software company’s stock valued at $466,000 after acquiring an additional 124 shares in the last quarter. Marshall Financial Group LLC raised its position in shares of Adobe by 5.7% in the third quarter. Marshall Financial Group LLC now owns 5,423 shares of the software company’s stock valued at $1,913,000 after purchasing an additional 291 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC lifted its position in Adobe by 7.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,367 shares of the software company’s stock worth $1,188,000 after acquiring an additional 229 shares during the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Insider Activity

In related news, CAO Jillian Forusz sold 149 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $337.88, for a total value of $50,344.12. Following the transaction, the chief accounting officer owned 3,426 shares of the company’s stock, valued at approximately $1,157,576.88. This trade represents a 4.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.16% of the stock is currently owned by corporate insiders.

Adobe Price Performance

Adobe stock opened at $355.81 on Friday. The stock has a market capitalization of $148.94 billion, a P/E ratio of 21.29, a price-to-earnings-growth ratio of 1.40 and a beta of 1.54. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.02 and a current ratio of 1.00. The stock has a fifty day moving average of $336.37 and a 200-day moving average of $356.18. Adobe Inc. has a 52 week low of $311.58 and a 52 week high of $465.70.

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

Analysts Set New Price Targets

Several research firms recently weighed in on ADBE. UBS Group set a $487.00 target price on shares of Adobe in a research note on Sunday. Redburn Partners set a $280.00 target price on Adobe in a research note on Monday, September 1st. Barclays reiterated an “overweight” rating and issued a $415.00 price objective on shares of Adobe in a research report on Friday, December 5th. Cowen reissued a “hold” rating on shares of Adobe in a research note on Monday, December 8th. Finally, TD Cowen cut their target price on shares of Adobe from $420.00 to $400.00 and set a “hold” rating on the stock in a report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Adobe presently has an average rating of “Hold” and an average target price of $417.93.

Adobe Company Profile

Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.