Adobe (NASDAQ:ADBE) CFO Daniel Durn Sells 1,646 Shares

Adobe Inc. (NASDAQ:ADBE) CFO Daniel Durn sold 1,646 shares of the 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 approximately $12,382,225.75. This trade represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Adobe Stock Performance

ADBE opened at $297.42 on Wednesday. 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 Inc. has a 12-month low of $288.33 and a 12-month high of $465.70. The firm has a 50 day moving average of $330.15 and a two-hundred day moving average of $343.12. The firm has a market capitalization of $122.09 billion, a PE ratio of 17.80, a P/E/G ratio of 1.20 and a beta of 1.53.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter in the prior year, the business earned $4.81 earnings per share. The business’s quarterly 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. On average, analysts anticipate that Adobe Inc. will post 16.65 EPS for the current year.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Major Photoshop update — Adobe rolled out a wide set of Photoshop improvements that boost control, realism and new layers (clarity/dehaze), which should help retain and expand Creative Cloud subscribers and monetization over time. Adobe Photoshop Gets a Major Update
• Positive Sentiment: Added clarity and dehaze layer in Photoshop — incremental product capability that improves differentiation for photographers/design pros and strengthens product stickiness. Adobe finally adds a clarity and dehaze layer to Photoshop – and I can’t believe it took this long
• Positive Sentiment: Broader Photoshop upgrades highlighted by press — coverage (Forbes) frames upgrades as meaningful to professional workflows, supporting long-term ARPU and enterprise appeal. Product momentum is a tailwind for subscription revenue. Adobe Announces New Upgrades To Photoshop Giving More Control, Realism And Precision
• Neutral Sentiment: Executive compensation and severance policy update — Adobe disclosed its 2026 executive pay plans and a new severance policy; governance/compensation details are usually neutral for near-term stock moves unless escalation occurs. Adobe announces 2026 executive compensation plans and new severance policy
• Neutral Sentiment: Short interest report shows no meaningful change / noisy data — the released short-interest figures are effectively zero/NaN and imply no clear short-squeeze or crowd positioning signal from this release. Short interest update
• Negative Sentiment: Analyst comparison favors Salesforce over Adobe — a Zacks piece argues Salesforce (CRM) is the better enterprise software buy right now, citing AI and margin momentum at CRM; that reinforces competitive concerns and may pressure investor sentiment on Adobe. CRM vs. ADBE: Which Enterprise Software Stock Is the Better Buy?
• Negative Sentiment: Semrush merger legal risk — Semrush (target of a proposed Adobe deal) is facing shareholder lawsuits over the proposed merger, which could delay or complicate the acquisition and add near-term uncertainty/cost for Adobe. Semrush Faces Shareholder Lawsuits Over Proposed Adobe Merger

Analysts Set New Price Targets

ADBE has been the topic of several analyst reports. Jefferies Financial Group lowered Adobe from a “buy” rating to a “hold” rating and dropped their target price for the stock from $500.00 to $400.00 in a report on Monday, January 5th. Wolfe Research lowered their price objective on Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a research report on Thursday, December 11th. Stifel Nicolaus cut their target price on shares of Adobe from $480.00 to $450.00 and set a “buy” rating for the company in a report on Tuesday, December 9th. Weiss Ratings reissued a “hold (c-)” rating on shares of Adobe in a report on Monday, December 29th. Finally, BMO Capital Markets lowered shares of Adobe from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $400.00 to $375.00 in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Adobe currently has a consensus rating of “Hold” and a consensus target price of $397.19.

Hedge Funds Weigh In On Adobe

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ADBE. Measured Wealth Private Client Group LLC acquired a new position in shares of Adobe during the 3rd quarter worth about $26,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Adobe during the 3rd quarter worth approximately $27,000. LSV Asset Management increased its stake in Adobe by 350.0% during the 2nd quarter. LSV Asset Management now owns 72 shares of the software company’s stock worth $28,000 after buying an additional 56 shares in the last quarter. Caitlin John LLC acquired a new position in shares of Adobe during the third quarter valued at approximately $28,000. Finally, Beacon Financial Strategies CORP purchased a new position in shares of Adobe in the fourth quarter valued at approximately $28,000. 81.79% of the stock is owned by hedge funds and other institutional investors.

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.