Apollon Wealth Management LLC Cuts Position in Adobe Inc. $ADBE

Apollon Wealth Management LLC cut its stake in Adobe Inc. (NASDAQ:ADBE) by 27.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,957 shares of the software company’s stock after selling 3,392 shares during the quarter. Apollon Wealth Management LLC’s holdings in Adobe were worth $3,135,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Triad Wealth Partners LLC lifted its position in Adobe by 18.1% during the 4th quarter. Triad Wealth Partners LLC now owns 765 shares of the software company’s stock worth $268,000 after acquiring an additional 117 shares during the period. DDD Partners LLC lifted its position in Adobe by 108.4% during the 4th quarter. DDD Partners LLC now owns 13,476 shares of the software company’s stock worth $4,716,000 after acquiring an additional 7,010 shares during the period. BOCHK Asset Management Ltd acquired a new stake in Adobe during the 4th quarter worth about $1,575,000. Alpha Omega Wealth Management LLC lifted its position in Adobe by 4.0% during the 4th quarter. Alpha Omega Wealth Management LLC now owns 3,085 shares of the software company’s stock worth $1,080,000 after acquiring an additional 119 shares during the period. Finally, Trilogy Capital Inc. lifted its position in Adobe by 51.5% during the 4th quarter. Trilogy Capital Inc. now owns 10,426 shares of the software company’s stock worth $3,649,000 after acquiring an additional 3,544 shares during the period. Institutional investors and hedge funds own 81.79% of the company’s stock.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reported strong Q1 results (beat on revenue and EPS) and reaffirmed FY‑2026 guidance, giving fundamental support to the shares. Adobe: Hated, Cheap, And Growing
• Positive Sentiment: Contrarian investors point to cheaper valuation metrics (low forward P/E, strong free cash flow growth) and accelerating AI adoption in Adobe products as a potential buying opportunity. Adobe Stock (ADBE) Opinions on SaaS Selloff and AI Disruption
• Neutral Sentiment: Analyst views and price targets remain widely dispersed (median targets well above current levels), so future moves will hinge on conviction among sell‑side firms. Adobe Stock (ADBE) Opinions on SaaS Selloff and AI Disruption
• Neutral Sentiment: Macro/sector commentary (buy hardware, sell software) is driving rotation away from large SaaS names; Adobe’s longer‑term fundamentals remain intact but the sector backdrop is headwind. Cramer explains the divergence in tech stocks – and why software may continue to lag
• Negative Sentiment: Citi downgraded Adobe amid renewed AI‑competition concerns and cut its price target, crystallizing investor fear that generative AI could commoditize parts of Adobe’s moat. Citi Turns on Adobe Stock (ADBE), Other Software Names amid Fresh AI Jitters
• Negative Sentiment: Shares hit a 52‑week low as the selloff accelerated on the combination of AI jitters, analyst downgrades and leadership transition chatter. Adobe Stock Sinks to 52-Week Low — Citi Downgrades on AI Fears
• Negative Sentiment: Security headlines about an Adobe Reader zero‑day being exploited add reputational and support‑cost risk (unlikely to drive fundamentals long‑term but a near‑term negative headline). Adobe Reader Zero-Day Exploited for Months: Researcher

Adobe Price Performance

ADBE stock opened at $225.35 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.91. The business has a 50 day simple moving average of $256.83 and a 200-day simple moving average of $306.88. The firm has a market capitalization of $91.09 billion, a PE ratio of 13.12, a price-to-earnings-growth ratio of 0.88 and a beta of 1.52. Adobe Inc. has a 1 year low of $224.13 and a 1 year high of $422.95.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.87 by $0.19. The business 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 business’s revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the business 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. Equities research analysts anticipate that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ADBE has been the subject of a number of research reports. Robert W. Baird set a $350.00 price target on Adobe in a research report on Wednesday, January 14th. HSBC set a $302.00 price target on Adobe in a research report on Friday, February 13th. The Goldman Sachs Group reduced their price target on Adobe from $290.00 to $220.00 and set a “sell” rating for the company in a research report on Friday, March 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Adobe in a report on Friday, March 13th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $430.00 price target on shares of Adobe in a report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fourteen have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $343.88.

Insider Transactions at Adobe

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the firm’s stock in a transaction 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 sale, the chief financial officer owned 41,995 shares of the company’s stock, valued at $12,382,225.75. This trade represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.20% of the stock is currently owned by company insiders.

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.