Exchange Traded Concepts LLC Has $5.41 Million Stock Holdings in Adobe Inc. $ADBE

Exchange Traded Concepts LLC cut its position in shares of Adobe Inc. (NASDAQ:ADBE) by 21.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,458 shares of the software company’s stock after selling 4,212 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Adobe were worth $5,410,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ADBE. Measured Wealth Private Client Group LLC bought a new stake in Adobe in the 3rd quarter worth about $26,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Adobe during the 3rd quarter valued at $27,000. Caitlin John LLC bought a new position in Adobe during the third quarter worth about $28,000. Beacon Financial Strategies CORP purchased a new position in Adobe in the 4th quarter valued at approximately $28,000. Finally, Chesapeake Asset Management LLC purchased a new position in Adobe during the fourth quarter valued at approximately $31,000. 81.79% of the stock is owned by institutional investors.

Adobe Price Performance

ADBE stock opened at $241.13 on Tuesday. The company has a market capitalization of $97.46 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 0.92 and a beta of 1.53. Adobe Inc. has a one year low of $233.15 and a one year high of $422.95. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 0.91. The company’s fifty day moving average price is $267.28 and its 200-day moving average price is $314.44.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 EPS for the quarter, beating analysts’ consensus estimates of $5.87 by $0.19. The company had revenue of $6.40 billion during the quarter, compared to analyst estimates of $6.28 billion. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The firm’s revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the company earned $5.08 earnings per share. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. On average, equities analysts anticipate that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ADBE. Citigroup decreased their price objective on shares of Adobe from $315.00 to $278.00 and set a “neutral” rating on the stock in a research report on Monday, March 16th. Argus restated a “hold” rating on shares of Adobe in a research report on Monday, March 16th. UBS Group decreased their target price on Adobe from $340.00 to $290.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Wells Fargo & Company lowered their target price on Adobe from $420.00 to $405.00 and set an “overweight” rating for the company in a research note on Monday, March 9th. Finally, Piper Sandler lowered their price target on shares of Adobe from $330.00 to $280.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fourteen have assigned a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $343.88.

Insider Activity

In related news, CFO Daniel Durn sold 1,646 shares of the stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value 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 approximately $12,382,225.75. This trade represents a 3.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.20% of the company’s stock.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: New product feature: Adobe shipped an AI-enabled “Turntable” for Illustrator that rotates 2D vectors in 3D space, reinforcing Adobe’s competitive edge in creative tools and AI-driven UX improvements. This is a tangible product upgrade that can help drive retention and upsells. Adobe Illustrator can now use AI to rotate 2D vectors in 3D space
• Positive Sentiment: Board/advisory strengthening: Former Airtel CEO Manoj Kohli joined Adobe’s international advisory board, a hire positioned to accelerate Adobe’s growth strategy in high-growth markets and support global expansion of AI initiatives. Former Airtel CEO Manoj Kohli joins Adobe international advisory board
• Positive Sentiment: Analyst/earnings support: Erste Group raised FY2027 EPS estimates for Adobe, and recent quarterly results showed an EPS beat and raised FY‑2026 guidance — facts that underpin the stock’s valuation re-rating potential if growth persists. FY2027 EPS Estimates for Adobe Raised by Erste Group Bank
• Neutral Sentiment: Industry signal: Rising demand for MCP servers and AI tooling (benefiting competitors like Figma) highlights robust enterprise and creative software demand — a tailwind for the category that Adobe can capture, but it also signals intensifying competition. Figma Rides on Strong MCP Server Demand: A Sign for More Upside?
• Negative Sentiment: Regulatory risk: The UK Competition and Markets Authority launched a probe into Adobe’s early cancellation costs for subscription products, spotlighting potential consumer‑protection remedies or fines and raising questions about subscription contract terms and churn — a direct risk to Adobe’s recurring revenue model. The probe also amplifies existing scrutiny around CEO succession and the company’s AI/subscription strategy. Adobe Faces CMA Probe As Subscription Model And Valuation Come Into Focus

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.