Adobe (NASDAQ:ADBE) Stock Unloaded Sen. John Boozman

Senator John Boozman (Republican-Arkansas) recently sold shares of Adobe Inc. (NASDAQ:ADBE). In a filing disclosed on March 06th, the Senator disclosed that they had sold between $1,001 and $15,000 in Adobe stock on February 13th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 2/27/2026.
• Purchased $1,001 – $15,000 in shares of NetApp (NASDAQ:NTAP) on 2/27/2026.
• Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Union Pacific (NYSE:UNP) on 2/19/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/13/2026.
• Purchased $1,001 – $15,000 in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) on 2/6/2026.
• Purchased $1,001 – $15,000 in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) on 2/6/2026.
• Purchased $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/6/2026.
• Purchased $1,001 – $15,000 in shares of iShares CMBS ETF (NYSEARCA:CMBS) on 2/6/2026.

Adobe Trading Up 0.7%

NASDAQ ADBE opened at $283.62 on Friday. The firm has a market capitalization of $116.43 billion, a price-to-earnings ratio of 16.97, a PEG ratio of 1.12 and a beta of 1.53. 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 $244.28 and a one year high of $452.51. The company’s 50 day moving average price is $291.65 and its 200 day moving average price is $326.05.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.40 by $0.10. The company had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. Adobe had a net margin of 30.00% and a return on equity of 61.28%. Adobe’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period in the previous year, the firm earned $4.81 earnings per share. 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 predict that Adobe Inc. will post 16.65 EPS for the current year.

Insider Activity

In related news, CFO Daniel Durn sold 1,646 shares of the business’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 transaction of $485,323.10. Following the completion of the transaction, the chief financial officer owned 41,995 shares in the company, valued at $12,382,225.75. The trade was a 3.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

ADBE has been the topic of several research reports. TD Cowen cut their price objective on Adobe from $420.00 to $400.00 and set a “hold” rating on the stock in a research report on Thursday, December 11th. HSBC set a $302.00 target price on Adobe in a research note on Friday, February 13th. DA Davidson reiterated a “buy” rating and set a $500.00 target price on shares of Adobe in a report on Thursday, December 11th. Citigroup decreased their price target on Adobe from $387.00 to $315.00 and set a “neutral” rating for the company in a report on Friday. Finally, Robert W. Baird set a $350.00 price objective on shares of Adobe in a research report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $386.68.

Institutional Trading of Adobe

Several institutional investors have recently added to or reduced their stakes in ADBE. Western Pacific Wealth Management LP bought a new stake in shares of Adobe during the 4th quarter valued at about $26,000. Measured Wealth Private Client Group LLC acquired a new position in Adobe in the third quarter valued at approximately $26,000. KERR FINANCIAL PLANNING Corp acquired a new position in Adobe in the third quarter valued at approximately $27,000. LSV Asset Management grew 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 valued at $28,000 after purchasing an additional 56 shares during the last quarter. Finally, Caitlin John LLC acquired a new stake in shares of Adobe during the 3rd quarter worth approximately $28,000. Institutional investors own 81.79% of the company’s stock.

Trending Headlines about Adobe

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

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas’ U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman’s academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

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.