Alliance Wealth Advisors LLC UT Sells 3,797 Shares of Adobe Inc. $ADBE

Alliance Wealth Advisors LLC UT decreased its holdings in Adobe Inc. (NASDAQ:ADBE) by 47.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,258 shares of the software company’s stock after selling 3,797 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Adobe were worth $1,502,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. LSV Asset Management boosted its position 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 buying an additional 56 shares during the last quarter. Horizon Financial Services LLC lifted its stake in Adobe by 4,000.0% during the 2nd quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock valued at $32,000 after acquiring an additional 80 shares in the last quarter. Total Investment Management Inc. purchased a new position in Adobe during the 2nd quarter worth $35,000. Howard Hughes Medical Institute bought a new stake in shares of Adobe in the 2nd quarter worth $36,000. Finally, Heartwood Wealth Advisors LLC bought a new stake in shares of Adobe in the 3rd quarter worth $35,000. Institutional investors and hedge funds own 81.79% of the company’s stock.

Insider Transactions at Adobe

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the firm’s stock in a transaction dated Tuesday, January 27th. The stock was 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 in the company, valued at $12,382,225.75. This trade represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.16% of the company’s stock.

Adobe Price Performance

NASDAQ ADBE opened at $258.61 on Friday. The company has a market cap of $106.16 billion, a PE ratio of 15.48, a price-to-earnings-growth ratio of 1.02 and a beta of 1.51. Adobe Inc. has a 52 week low of $251.10 and a 52 week high of $453.75. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.53. The firm’s 50-day simple moving average is $309.33 and its two-hundred day simple moving average is $331.77.

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

Analysts Set New Price Targets

Several research analysts recently weighed in on ADBE shares. Piper Sandler cut shares of Adobe from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $470.00 to $330.00 in a report on Monday, February 2nd. HSBC set a $302.00 price objective on shares of Adobe in a research note on Friday, February 13th. Oppenheimer downgraded Adobe from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 13th. Wells Fargo & Company reduced their target price on Adobe from $470.00 to $420.00 and set an “overweight” rating for the company in a report on Thursday, November 20th. Finally, Weiss Ratings upgraded Adobe from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $397.16.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe’s results and forward guidance remain supportive: the company beat recent estimates, delivered strong margins and set FY26 and Q1 guidance that suggests continued cash generation and profit resilience. Reasons Why Adobe (ADBE) Offers Such Impressive Upside
• Positive Sentiment: Broader sector relief after upbeat AI-related results at other software firms (RingCentral, Five9) reduces “AI will kill SaaS” fear — a tailwind for Adobe if investors re-appraise AI as demand-enhancing rather than disruptive. Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns
• Neutral Sentiment: Figma’s strong results and Anthropic integration highlight accelerating AI adoption in design workflows — this validates the market opportunity for AI-enabled tools but also raises competitive dynamics Adobe must navigate. Figma’s Anthropic Integration Could Flip the SaaSpocalypse Script (ADBE)
• Neutral Sentiment: Several valuation and review pieces are re-focusing investor attention on Adobe’s multiples and long-term returns — helpful for longer-term thesis but not dispositive for near-term price moves. Assessing Adobe’s Valuation As Recent Share Performance Brings The Stock Back Into Focus
• Neutral Sentiment: Third‑party reviews mention Adobe alongside other software names; useful context but unlikely to move the stock on its own. Reviewing Rand Worldwide (OTCMKTS:RWWI) and Adobe (NASDAQ:ADBE)
• Neutral Sentiment: Reported short‑interest data appears inconsistent (published figures show zero shares), suggesting the short‑interest readings may be a data glitch and should be treated cautiously.
• Negative Sentiment: Unusually large put‑option activity: traders bought ~188,902 puts (a ~248% jump vs. typical daily put volume), signaling elevated hedging or outright bearish positioning that can add to downward pressure.
• Negative Sentiment: Analyst caution and recent downgrades / cautious commentary have crept into coverage as Adobe trades nearer its multi‑month lows, which can amplify selling if sentiment deteriorates. Why Wall Street Is Turning Cautious on Adobe Inc. (ADBE)

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.