Adobe Inc. $ADBE Shares Sold by Bey Douglas LLC

Bey Douglas LLC reduced its stake in Adobe Inc. (NASDAQ:ADBE) by 25.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 11,416 shares of the software company’s stock after selling 3,907 shares during the quarter. Adobe accounts for 3.0% of Bey Douglas LLC’s investment portfolio, making the stock its 13th largest position. Bey Douglas LLC’s holdings in Adobe were worth $4,027,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. CX Institutional increased its stake in shares of Adobe by 72.9% during the third quarter. CX Institutional now owns 27,922 shares of the software company’s stock worth $9,849,000 after buying an additional 11,769 shares during the period. Wright Investors Service Inc. increased its position in shares of Adobe by 114.4% in the 3rd quarter. Wright Investors Service Inc. now owns 9,919 shares of the software company’s stock valued at $3,499,000 after purchasing an additional 5,293 shares during the last quarter. Lathrop Investment Management Co. increased its position in shares of Adobe by 2.8% in the 2nd quarter. Lathrop Investment Management Co. now owns 26,544 shares of the software company’s stock valued at $10,269,000 after purchasing an additional 718 shares during the last quarter. Mcdaniel Terry & Co. raised its holdings in shares of Adobe by 2.8% in the 2nd quarter. Mcdaniel Terry & Co. now owns 39,507 shares of the software company’s stock valued at $15,284,000 after purchasing an additional 1,093 shares in the last quarter. Finally, Rakuten Investment Management Inc. purchased a new stake in shares of Adobe during the 3rd quarter worth $24,904,000. Institutional investors and hedge funds own 81.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on ADBE shares. Barclays reissued an “overweight” rating and issued a $415.00 target price on shares of Adobe in a report on Friday, December 5th. UBS Group set a $487.00 price objective on Adobe in a report on Sunday, December 14th. The Goldman Sachs Group assumed coverage on Adobe in a research note on Monday, January 12th. They set a “sell” rating and a $290.00 target price for the company. Jefferies Financial Group downgraded Adobe from a “buy” rating to a “hold” rating and lowered their price target for the company from $500.00 to $400.00 in a report on Monday, January 5th. Finally, Robert W. Baird set a $350.00 price objective on shares of Adobe in a report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $402.85.

Adobe Stock Performance

Shares of ADBE opened at $294.28 on Thursday. The company’s 50 day simple moving average is $332.38 and its 200-day simple moving average is $345.37. The firm has a market cap of $120.80 billion, a PE ratio of 17.61, a price-to-earnings-growth ratio of 1.14 and a beta of 1.53. Adobe Inc. has a 12-month low of $288.33 and a 12-month high of $465.70. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53.

Adobe (NASDAQ:ADBE) last released its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, beating the consensus estimate of $5.40 by $0.10. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The firm had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter in the prior year, the firm earned $4.81 EPS. Adobe’s revenue for the quarter 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, equities analysts predict that Adobe Inc. will post 16.65 EPS for the current year.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe rolled out AI-powered video and motion-design upgrades for Premiere Pro and After Effects (plus Firefly enhancements) that strengthen Creative Cloud’s product differentiation and could support subscription retention and upsells. Adobe unveils new AI-powered video editing tools for Premiere – Engadget
• Positive Sentiment: Adobe pledged $10M to a film & TV fund and announced content partnerships that can expand professional use cases for its video and generative tools, supporting long‑term demand for Creative Cloud/Firefly. Adobe Pledges $10 Million to Film and TV Fund…
• Neutral Sentiment: Adobe made a $12 buyout offer for Semrush, a move that could broaden its marketing/SEO capabilities if completed but is now facing shareholder scrutiny; the deal’s outcome will affect acquisition upside and integration risk. Johnson Fistel Investigates Semrush Shareholders’ Rights…
• Neutral Sentiment: ADBE is drawing heightened investor attention and search interest; some outlets present it as a potential value play after the recent pullback, which could attract bargain hunters if sentiment stabilizes. Adobe Inc. (ADBE) is Attracting Investor Attention…
• Negative Sentiment: Analysts and comparisons highlight intensifying competition: ServiceNow is portrayed as having an edge from AI-driven workflow moves and deal activity, which raises questions about Adobe’s relative growth runway in enterprise workflows. ServiceNow vs. Adobe: Which Cloud Software Stock Has an Edge Now?
• Negative Sentiment: Broker and media coverage notes caution among analysts as AI disrupts SaaS economics and intensifies competition across Adobe’s core creative markets, pressuring sentiment and near‑term multiples. Cautious Analyst Sentiment on Adobe (ADBE)…
• Negative Sentiment: Price action shows weakness (multi‑session losses and mentions of 52‑week lows), reflecting investor worry that AI could hurt growth; that negative momentum can amplify short‑term downside even as product advances roll out. Adobe vs. Intuit: Which 52-Week Low Is a Buy?

Insider Transactions at Adobe

In related news, CAO Jillian Forusz sold 149 shares of the business’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $337.88, for a total value of $50,344.12. Following the transaction, the chief accounting officer owned 3,426 shares in the company, valued at $1,157,576.88. The trade was a 4.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.16% of the stock is owned by company insiders.

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.