Dana Investment Advisors Inc. Has $30.28 Million Stock Holdings in Adobe Inc. $ADBE

Dana Investment Advisors Inc. boosted its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 24.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,828 shares of the software company’s stock after buying an additional 16,849 shares during the period. Adobe makes up about 0.9% of Dana Investment Advisors Inc.’s holdings, making the stock its 18th biggest position. Dana Investment Advisors Inc.’s holdings in Adobe were worth $30,276,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. LSV Asset Management boosted its holdings in shares of Adobe by 350.0% during the second quarter. LSV Asset Management now owns 72 shares of the software company’s stock worth $28,000 after purchasing an additional 56 shares during the period. Horizon Financial Services LLC increased its stake in Adobe by 4,000.0% in the 2nd quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock valued at $32,000 after buying an additional 80 shares during the period. Total Investment Management Inc. purchased a new stake in Adobe in the 2nd quarter worth approximately $35,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of Adobe during the 3rd quarter valued at $35,000. Finally, Howard Hughes Medical Institute purchased a new position in shares of Adobe during the 2nd quarter valued at $36,000. 81.79% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction 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 completion of the transaction, the chief financial officer owned 41,995 shares of the company’s stock, valued at $12,382,225.75. The trade was a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is owned by company insiders.

Adobe Stock Down 4.6%

Shares of ADBE stock opened at $246.68 on Tuesday. The stock’s 50 day simple moving average is $307.24 and its 200 day simple moving average is $331.03. Adobe Inc. has a twelve month low of $244.80 and a twelve month high of $453.26. 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 company has a market capitalization of $101.26 billion, a price-to-earnings ratio of 14.76, a PEG ratio of 1.02 and a beta of 1.51.

Adobe (NASDAQ:ADBE) last announced 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. 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 analysts’ expectations of $6.11 billion. During the same quarter in the prior year, the business earned $4.81 earnings per share. The company’s 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. As a group, research analysts predict that Adobe Inc. will post 16.65 EPS for the current year.

Analyst Upgrades and Downgrades

ADBE has been the subject of several recent research reports. Wall Street Zen lowered Adobe from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Wolfe Research dropped their target price on Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a research report on Thursday, December 11th. Morgan Stanley reduced their price target on Adobe from $450.00 to $425.00 and set an “equal weight” rating for the company in a report on Thursday, December 11th. HSBC set a $302.00 price target on Adobe in a research note on Friday, February 13th. Finally, The Goldman Sachs Group began coverage on shares of Adobe in a research report on Monday, January 12th. They set a “sell” rating and a $290.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Adobe has an average rating of “Hold” and an average price target of $392.76.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Market commentary flags Adobe as oversold vs. peers and a potential buying opportunity for longer-term investors; analysts point to improved valuation and upside if tech sentiment stabilizes. (No link available)
• Positive Sentiment: “Smart money” data suggests institutional holders are staying relatively resilient, providing some support under the decline and indicating long-term holders are not abandoning the name. Adobe (ADBE) stock has been beaten up but the smart money remains resilient
• Neutral Sentiment: Brand and outreach stories (Adobe’s creator/entrepreneur initiatives) underline product-led strengths but are unlikely to change near-term price action driven by macro/tech rotation. Adobe’s mission to empower creators; Women redefining entrepreneurship
• Negative Sentiment: Adobe hit a 52-week low, a clear technical signal that can trigger stop-losses and force selling from trend-following funds — reinforcing downside momentum. Adobe stock hits 52-week low at $251.00
• Negative Sentiment: Analysts and market write-ups note Adobe fell more than the broader market today as tech weakness, concern over AI competition and rotation into defensive sectors amplify selling pressure. Here’s Why Adobe Systems (ADBE) Fell More Than Broader Market
• Negative Sentiment: Coverage flags Adobe sits ~43% below its 52‑week high; analysts cite strong long-term growth targets but warn that fierce AI competition and near-term execution uncertainty cloud the path to a multiple re-rating. Adobe Trades 43% Below 52-Week High: Buy, Sell or Hold the Stock?
• Negative Sentiment: Investor note argues there is “no catalyst, no re‑rating” — implying the stock needs clearer evidence of sustained margin/AI-led revenue upside before multiples expand, which pressures sentiment. Adobe: No Catalyst, No Re-Rating

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.