Adobe Inc. $ADBE Shares Sold by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG cut its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 4.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,281 shares of the software company’s stock after selling 2,077 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Adobe were worth $14,914,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Norges Bank acquired a new stake in shares of Adobe in the second quarter worth $2,029,950,000. Franklin Resources Inc. lifted its position in Adobe by 68.9% during the second quarter. Franklin Resources Inc. now owns 1,939,018 shares of the software company’s stock valued at $750,168,000 after purchasing an additional 791,077 shares during the period. Acadian Asset Management LLC boosted its holdings in Adobe by 218.5% in the second quarter. Acadian Asset Management LLC now owns 1,073,899 shares of the software company’s stock valued at $415,434,000 after purchasing an additional 736,682 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Adobe by 112.6% in the third quarter. Victory Capital Management Inc. now owns 1,341,410 shares of the software company’s stock valued at $469,467,000 after purchasing an additional 710,357 shares during the last quarter. Finally, Invesco Ltd. grew its position in Adobe by 16.1% during the 2nd quarter. Invesco Ltd. now owns 4,407,162 shares of the software company’s stock worth $1,705,043,000 after purchasing an additional 610,215 shares during the period. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the company’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 directly owned 41,995 shares in the company, valued at approximately $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 accessible through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Adobe Price Performance

NASDAQ:ADBE opened at $283.62 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.53. Adobe Inc. has a 52 week low of $244.28 and a 52 week high of $452.51. The stock’s 50-day moving average price is $291.65 and its 200-day moving average price is $326.05. The stock has a market capitalization of $116.43 billion, a PE ratio of 16.97, a price-to-earnings-growth ratio of 1.12 and a beta of 1.53.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, beating 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 business had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $6.11 billion. During the same period in the previous year, the business earned $4.81 earnings per share. The business’s revenue 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 analysts expect that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Investor optimism around Adobe’s AI tools and positioning — renewed focus on Firefly and the view that Adobe can be an AI-era incumbent has drawn buying interest ahead of earnings, supporting the stock. Why Adobe (ADBE) Is Up 5.1% After Renewed AI Optimism Ahead Of March 12 Earnings
• Positive Sentiment: Short-term traders and momentum flows ahead of the March 12 print have lifted the stock as the market anticipates potential upside from revenue or AI usage metrics. Adobe Stock Jumps With Software Sector Ahead Of Key Earnings Report
• Neutral Sentiment: Upcoming earnings and guidance are the main catalyst — previews expect revenue growth but flag mixed odds for an easy beat; investors will key off AI monetization metrics and Creative Cloud trends on March 12. Adobe Systems (ADBE) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Neutral Sentiment: Reported short-interest entries show zero/NaN values — likely a data glitch; no clear evidence of a rising short-squeeze dynamic. Investors should treat these figures with caution. (data source)
• Negative Sentiment: Citi cut its price target from $387 to $315 and moved to a neutral rating, citing lingering AI monetization questions — this analyst downgrade is pressuring sentiment and trims upside expectations. Adobe In Focus As Citi Lowers Target
• Negative Sentiment: Ongoing analyst price-target cuts, institutional trimming (large reported UBS sell-downs) and recent insider sales add downward pressure and reflect worry about competitive risk and Creative Cloud discounting. Adobe (ADBE) Stock Earnings Preview: Q1 Results Drop Thursday Amid Price Target Cuts
• Negative Sentiment: High-profile commentary (e.g., Michael Burry urging an acquisition of Midjourney) highlights investor concern that Adobe must act to defend its creative moat against fast-moving AI competitors — a signal of strategic risk if execution stalls. Michael Burry Urges Adobe To Buy AI Firm Midjourney To Save Creative Moat

Analyst Ratings Changes

A number of research firms have weighed in on ADBE. BMO Capital Markets lowered Adobe from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $400.00 to $375.00 in a research note on Friday, January 9th. Barclays lowered their target price on Adobe from $415.00 to $335.00 and set an “overweight” rating on the stock in a research note on Wednesday. Wolfe Research dropped their target price on Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a 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 research report on Thursday, December 11th. Finally, HSBC set a $302.00 price target on Adobe in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $386.68.

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.