Wilson Asset Management International PTY Ltd. Cuts Stake in Adobe Inc. $ADBE

Wilson Asset Management International PTY Ltd. lessened its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 78.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,431 shares of the software company’s stock after selling 30,619 shares during the period. Wilson Asset Management International PTY Ltd.’s holdings in Adobe were worth $2,974,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Western Wealth Management LLC increased its position in Adobe by 63.8% during the 3rd quarter. Western Wealth Management LLC now owns 2,133 shares of the software company’s stock valued at $752,000 after buying an additional 831 shares in the last quarter. Tempus Wealth Planning LLC purchased a new stake in shares of Adobe during the third quarter worth about $719,000. Waterfront Wealth Inc. grew its stake in shares of Adobe by 42.2% during the third quarter. Waterfront Wealth Inc. now owns 3,682 shares of the software company’s stock worth $1,306,000 after acquiring an additional 1,092 shares during the last quarter. Diamond Hill Capital Management Inc. increased its holdings in shares of Adobe by 20.6% during the third quarter. Diamond Hill Capital Management Inc. now owns 1,024,473 shares of the software company’s stock valued at $361,383,000 after acquiring an additional 174,891 shares in the last quarter. Finally, Fortune Financial Advisors LLC raised its position in shares of Adobe by 2.1% in the 3rd quarter. Fortune Financial Advisors LLC now owns 2,583 shares of the software company’s stock valued at $911,000 after purchasing an additional 54 shares during the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reversed its decision to discontinue Adobe Animate and moved the app to maintenance mode after heavy creator backlash — a move that removes a key PR overhang and reduces the risk of customer churn in creative communities. After backlash, Adobe cancels Adobe Animate shutdown and puts app on ‘maintenance mode’
• Positive Sentiment: An analyst action: Piper Sandler moved Adobe to a “hold” rating, which supports the argument that sellside views are stabilizing after the stock’s large decline. This is modestly supportive for near-term sentiment. Zacks / TickerReport coverage of Piper Sandler upgrade
• Positive Sentiment: Some outlets highlight a bull case and recent session gains (coverage noting intraday upticks), reflecting that selective buyers are viewing the recent pullback as a buying opportunity. Adobe Systems (ADBE) Increases Despite Market Slip
• Neutral Sentiment: Analyst surveys note Adobe has underperformed the market over the past year but sentiment is “cautiously optimistic” — this keeps expectations mixed and suggests analysts see recovery potential but not an imminent re-rating. Adobe Stock: Analyst Estimates & Ratings
• Neutral Sentiment: Long-form takeaways assessing whether the >50% decline since 2024 is a buying opportunity provide frameworks for investors (marketing spend up, AI strategy emphasized), but they are opinion pieces rather than new corporate developments. Adobe (ADBE) Stock: Is This 50% Drop a Buying Opportunity?
• Neutral Sentiment: A legislative note lists Adobe among companies likely to engage with major U.S. sporting events (sponsorship/promotional opportunities). This is peripheral and not an immediate earnings driver. New Bill: Senator Jacky Rosen introduces S. 3676
• Negative Sentiment: Wider software-sector selloff tied to accelerating AI competition and fresh model releases (plus new Anthropic tools) has pressured large software names, amplifying fear of AI-driven disruption and prompting sector rotation out of higher-multiple names like Adobe. Software Stocks Selloff: What’s Behind the Rout?
• Negative Sentiment: Initial reports that Adobe would end Animate sparked creator outrage and likely contributed to short-term selling before the reversal — a reminder that product missteps or communication errors can meaningfully affect sentiment. Adobe Ends Animate, Abandoning Millions Of Artists Amid AI Push
• Negative Sentiment: Headline pieces summarizing why ADBE is trading down reiterate the mix of macro/sector weakness, AI competition fears, and company-specific PR noise that are keeping buyers cautious. Adobe (ADBE) stock trades down, here is why

Insider Transactions at Adobe

In other Adobe 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 sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

ADBE has been the topic of several research analyst reports. BMO Capital Markets downgraded shares of Adobe from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $400.00 to $375.00 in a research report on Friday, January 9th. Jefferies Financial Group lowered shares of Adobe from a “buy” rating to a “hold” rating and dropped their price objective for the company from $500.00 to $400.00 in a report on Monday, January 5th. Stifel Nicolaus reduced their target price on Adobe from $480.00 to $450.00 and set a “buy” rating for the company in a research note on Tuesday, December 9th. Weiss Ratings cut Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, February 2nd. Finally, DA Davidson reiterated 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 issued a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $401.13.

Adobe Price Performance

NASDAQ:ADBE opened at $268.38 on Monday. The firm’s fifty day moving average is $324.53 and its two-hundred day moving average is $338.40. The firm has a market cap of $110.17 billion, a price-to-earnings ratio of 16.06, a PEG ratio of 1.06 and a beta of 1.51. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.00. Adobe Inc. has a one year low of $264.04 and a one year high of $465.70.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, beating analysts’ consensus estimates of $5.40 by $0.10. The business had revenue of $6.19 billion during the quarter, compared to analyst estimates of $6.11 billion. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The company’s revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the business 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. Research analysts expect that Adobe Inc. will post 16.65 EPS for the current year.

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.