1776 Wealth LLC Buys 2,542 Shares of Adobe Inc. $ADBE

1776 Wealth LLC increased its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 7.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,046 shares of the software company’s stock after buying an additional 2,542 shares during the quarter. Adobe comprises about 5.0% of 1776 Wealth LLC’s holdings, making the stock its 4th largest position. 1776 Wealth LLC’s holdings in Adobe were worth $13,068,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in shares of Adobe in the second quarter valued at approximately $2,029,950,000. Invesco Ltd. raised its position in shares of Adobe by 16.1% in the 2nd quarter. Invesco Ltd. now owns 4,407,162 shares of the software company’s stock worth $1,705,043,000 after acquiring an additional 610,215 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Adobe by 17.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,664,151 shares of the software company’s stock worth $1,417,587,000 after buying an additional 548,903 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Adobe by 0.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,922,630 shares of the software company’s stock worth $1,130,707,000 after purchasing an additional 24,333 shares in the last quarter. Finally, Schroder Investment Management Group increased its holdings in shares of Adobe by 3.8% during the second quarter. Schroder Investment Management Group now owns 2,137,724 shares of the software company’s stock valued at $827,043,000 after acquiring an additional 78,186 shares in the last quarter. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Adobe Stock Performance

NASDAQ:ADBE opened at $257.16 on Thursday. 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 fifty-two week low of $255.71 and a fifty-two week high of $465.70. The firm has a market capitalization of $105.56 billion, a PE ratio of 15.39, a PEG ratio of 1.04 and a beta of 1.51. The stock’s fifty day moving average is $320.86 and its 200 day moving average is $336.36.

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 the consensus estimate of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The firm had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the previous year, the company posted $4.81 earnings per share. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. 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 year.

Analyst Ratings Changes

Several equities analysts recently weighed in on ADBE shares. Jefferies Financial Group cut shares of Adobe from a “buy” rating to a “hold” rating and dropped their price target for the company from $500.00 to $400.00 in a research report on Monday, January 5th. TD Cowen dropped their price target on Adobe from $420.00 to $400.00 and set a “hold” rating on the stock in a report on Thursday, December 11th. UBS Group reduced their price target on shares of Adobe from $375.00 to $340.00 and set a “neutral” rating for the company in a research report on Monday, January 26th. DA Davidson reissued a “buy” rating and set a $500.00 target price on shares of Adobe in a research report on Thursday, December 11th. Finally, Barclays reaffirmed an “overweight” rating and issued a $415.00 price target on shares of Adobe in a report on Friday, December 5th. One research 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 issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $401.13.

Insider Activity at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction that occurred 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 sale, the chief financial officer owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.16% of the stock is currently owned by corporate insiders.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Multiple analysts and valuation screens flag ADBE as attractively valued or a buy-after-pullback, arguing AI disruption fears are overblown and positioning Adobe as a long-term growth/value play. Here Are The Most Overvalued And Undervalued U.S. Tech Stocks
• Positive Sentiment: Zacks highlights Adobe as a strong growth and long-term value candidate, which supports the case some investors are using the sell-off to add exposure. Why Adobe Systems (ADBE) is a Top Value Stock for the Long-Term
• Positive Sentiment: Strategists and commentators say the recent software pullback could be a buying opportunity; JP Morgan and others view the sell-off as overdone relative to fundamentals. AI disruption fears create buying chance in US software stocks, strategists say
• Positive Sentiment: Columnists argue Adobe is “too cheap to ignore” and expect AI-related fears to be overstated, which may attract value-oriented buyers. Adobe: Too Cheap To Ignore, AI Fears Overblown
• Positive Sentiment: Barron’s and others point to heavy short interest across software names and the potential for a short-squeeze rally, which could boost Adobe if sentiment stabilizes. Software Stocks Look Primed for a Short Squeeze
• Positive Sentiment: Several bullish takes argue Adobe could bounce from multi-year lows as investors rotate back into higher-quality software names. Adobe: Bullish On A Bounce Back From Multi-Year Lows
• Neutral Sentiment: Market breadth and a modest Nasdaq rebound improved sentiment for software stocks generally, which could help Adobe if the sector rally continues. Nasdaq Jumps Over 200 Points As Software Stocks Rebound
• Neutral Sentiment: Reported short-interest figures in the feed are inconsistent/zeroed (showing 0 shares and NaN changes), so they don’t provide a reliable signal about positioning in ADBE right now.
• Negative Sentiment: Adobe faces a new class-action claim alleging it used pirated books to train AI models — this raises legal and reputational risk that investors are pricing in. Class Suit Accuses Adobe of Using Pirated Books to Train AI Models
• Negative Sentiment: Headline coverage points out Adobe fell more than the broader market during the latest sell-off, contributing to downside momentum and stop-loss activity. Adobe Systems (ADBE) Falls More Steeply Than Broader Market
• Negative Sentiment: Pieces highlighting “FOBO” and sector rotation note Adobe and peers have been beaten by defensive/consumer names, reinforcing short-term selling pressure. FOBO (Not FOMO) Hits Tech Heavy Portfolios Hard; Tech Stocks Adobe, Salesforce Beaten By Walmart, Hershey

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.