Machina Capital S.A.S. Sells 7,151 Shares of Adobe Inc. $ADBE

Machina Capital S.A.S. trimmed its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 53.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,193 shares of the software company’s stock after selling 7,151 shares during the period. Machina Capital S.A.S.’s holdings in Adobe were worth $2,185,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Baker Boyer National Bank increased its stake in shares of Adobe by 9.1% in the 3rd quarter. Baker Boyer National Bank now owns 589 shares of the software company’s stock valued at $208,000 after acquiring an additional 49 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its holdings in Adobe by 4.0% in the third quarter. Ashton Thomas Private Wealth LLC now owns 11,873 shares of the software company’s stock worth $4,188,000 after purchasing an additional 454 shares during the period. Premier Path Wealth Partners LLC increased its stake in Adobe by 5.4% in the third quarter. Premier Path Wealth Partners LLC now owns 4,570 shares of the software company’s stock valued at $1,612,000 after purchasing an additional 236 shares in the last quarter. Atala Financial Inc raised its holdings in shares of Adobe by 20.0% during the third quarter. Atala Financial Inc now owns 5,858 shares of the software company’s stock valued at $2,066,000 after purchasing an additional 977 shares during the period. Finally, Penserra Capital Management LLC boosted its position in shares of Adobe by 1.1% during the 3rd quarter. Penserra Capital Management LLC now owns 5,281 shares of the software company’s stock worth $1,862,000 after purchasing an additional 60 shares in the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Jefferies Financial Group lowered Adobe from a “buy” rating to a “hold” rating and decreased their target price for the company from $500.00 to $400.00 in a research report on Monday, January 5th. Oppenheimer downgraded Adobe from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 13th. Citigroup upped their target price on Adobe from $366.00 to $387.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 17th. The Goldman Sachs Group began coverage on shares of Adobe in a research report on Monday, January 12th. They issued a “sell” rating and a $290.00 price target for the company. Finally, DA Davidson restated a “buy” rating and set a $500.00 price target on shares of Adobe in a research note on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $391.81.

Adobe Stock Performance

NASDAQ ADBE opened at $271.93 on Wednesday. The company has a fifty day moving average price of $327.29 and a 200-day moving average price of $340.48. The firm has a market cap of $111.63 billion, a price-to-earnings ratio of 16.27, a PEG ratio of 1.15 and a beta of 1.51. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00. Adobe Inc. has a 1 year low of $271.02 and a 1 year high of $465.70.

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 net margin of 30.00% and a return on equity of 61.28%. The business had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same period in the previous year, the company earned $4.81 earnings per share. 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 fiscal year.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Semrush shareholders approved the merger agreement with Adobe — the deal (SEO/marketing analytics) is expected to broaden Adobe’s marketing and data capabilities and create cross-sell opportunities for Experience Cloud customers. Semrush Shareholders Approve Merger Agreement with Adobe
• Positive Sentiment: Adobe is offering unlimited generations in its Firefly AI studio through March 16 — a product push that can accelerate user adoption of paid AI workflows and help defend share vs. competitors. Adobe Firefly Unlimited AI Generations
• Positive Sentiment: Some outlets still rate ADBE as a buy with sizable upside in models — this underpins longer-term bullish analyst conviction despite near-term pressure. Adobe Inc. (ADBE) a Moderate Buy, Analysts See 52% Upside
• Neutral Sentiment: Reported short-interest metrics are effectively meaningless/flat in recent tallies (no material change), so short squeezes are not a driver today.
• Neutral Sentiment: Comparisons to new Apple creative tools note competitive dynamics but conclude Apple isn’t yet an Adobe killer — a watch item for market share over time. Apple’s Creator Studio offers value, but is far from an Adobe killer
• Negative Sentiment: Adobe announced it will discontinue Adobe Animate (shutting down March 1), provoking customer backlash — a PR hit and potential churn in niche creator communities that may pressure sentiment. Adobe Animate is shutting down as company focuses on AI
• Negative Sentiment: Multiple firms have cut price targets or downgraded ADBE recently (UBS, Baird, BMO), which weighs on investor sentiment and reduces near-term analyst support. UBS, Baird Lower PT on Adobe (ADBE), BMO Capital Downgrades to Market Perform
• Negative Sentiment: Broader tech weakness and competitive moves (including Apple’s new bundle) have driven ADBE toward technical support/52-week lows as investors await Q1 guidance and execution proof. What’s Going On With Adobe Stock Tuesday?

Insider Buying and Selling at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The stock was 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 directly owned 41,995 shares of the company’s stock, valued at $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 SEC, which is available at this hyperlink. 0.16% of the stock is owned by insiders.

About Adobe

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.