Adobe Inc. $ADBE Shares Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. boosted its holdings in Adobe Inc. (NASDAQ:ADBE) by 89.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,475 shares of the software company’s stock after purchasing an additional 3,993 shares during the quarter. Centaurus Financial Inc.’s holdings in Adobe were worth $2,989,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ADBE. Vanguard Group Inc. increased its stake in Adobe by 0.8% in the third quarter. Vanguard Group Inc. now owns 41,369,395 shares of the software company’s stock valued at $14,593,054,000 after purchasing an additional 344,816 shares during the period. State Street Corp boosted its stake in shares of Adobe by 1.7% during the third quarter. State Street Corp now owns 20,632,009 shares of the software company’s stock worth $7,277,941,000 after buying an additional 352,448 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Adobe by 53.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 5,617,145 shares of the software company’s stock worth $1,981,448,000 after buying an additional 1,952,994 shares during the last quarter. Norges Bank purchased a new position in shares of Adobe during the second quarter worth about $2,029,950,000. Finally, Amundi increased its position in Adobe by 17.9% in the 3rd quarter. Amundi now owns 4,888,283 shares of the software company’s stock valued at $1,711,583,000 after acquiring an additional 742,646 shares during the period. Institutional investors and hedge funds own 81.79% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Robert W. Baird set a $350.00 price objective on Adobe in a research note on Wednesday, January 14th. Stifel Nicolaus dropped their target price on Adobe from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Friday, March 13th. Oppenheimer restated a “market perform” rating on shares of Adobe in a research note on Friday, March 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Adobe in a report on Friday, March 13th. Finally, Piper Sandler lowered their price objective on shares of Adobe from $330.00 to $280.00 and set a “neutral” rating on the stock in a research report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $343.88.

Insider Buying and Selling

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the sale, the chief financial officer directly owned 41,995 shares in the company, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.20% of the company’s stock.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Record Q1 and AI momentum — Adobe reported a beat for fiscal Q1 with accelerating AI‑first ARR and subscription strength, supporting the company’s longer‑term growth thesis and underpinning the bull case. AI Integration and Capabilities Power Adobe Inc. (ADBE) to Record First Quarter
• Positive Sentiment: Strategic NVIDIA tie‑up — A partnership to co‑develop next‑gen Firefly models and agentic workflows strengthens Adobe’s AI product roadmap and cloud compute capabilities, a clear positive for product moat and future monetization. Adobe Taps Nvidia AI Muscle To Revolutionize Marketing, Creative Pipelines
• Neutral Sentiment: Unusual options and short‑interest chatter — Elevated options activity and reported increases in short interest (some feeds show inconsistent data) are boosting volatility but aren’t conclusive on directional conviction. Monitor open interest and changes in institutional positioning. Adobe Target of Unusually High Options Trading (NASDAQ:ADBE)
• Negative Sentiment: Analyst downgrades and price‑target cuts — Citi and other firms have trimmed targets (Citigroup noted a move to $278), reflecting dimmer near‑term expectations and pressuring investor confidence. Citigroup Lowers Adobe (NASDAQ:ADBE) Price Target to $278.00
• Negative Sentiment: CEO transition / governance uncertainty — Banks including Goldman flag that uncertainty until Adobe names a new CEO is a material near‑term risk; leadership change has sapped confidence despite a planned phased transition. Goldman Sachs Sounds the Alarm on Adobe Stock
• Negative Sentiment: Competitive AI risk — Google’s revamped Stitch product, pitched to turn plain language into high‑fidelity interfaces, is being cited as incremental competitive risk to parts of Adobe’s design/UX franchise. Adobe Stock Drops After Google’s Stitch Redesign
• Negative Sentiment: Questions on metrics, moat and monetization — Critical research pieces highlight KPI reporting changes (Digital Media ARR → Total ARR) and potential AI cannibalization of legacy revenue, raising execution and pricing‑power concerns. Adobe: 3 Reasons Not To Buy, 1 Reason Not To Sell After Q1
• Negative Sentiment: Regulatory / settlement hit — Ongoing fallout from subscription cancellation practices has led to settlements and roughly $150M of consumer remediation/penalties in the headlines, a near‑term cash/PR drag. Adobe agrees to settle over cancellation policy with $150 million agreement

Adobe Stock Performance

Shares of ADBE stock opened at $246.00 on Thursday. The company has a market cap of $100.98 billion, a price-to-earnings ratio of 14.33, a price-to-earnings-growth ratio of 1.00 and a beta of 1.53. The stock has a 50 day simple moving average of $278.81 and a 200-day simple moving average of $320.79. Adobe Inc. has a 12-month low of $244.28 and a 12-month high of $422.95. The company has a current ratio of 0.91, a quick ratio of 1.00 and a debt-to-equity ratio of 0.47.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, beating analysts’ consensus estimates of $5.87 by $0.19. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The firm had revenue of $6.40 billion for the quarter, compared to the consensus estimate of $6.28 billion. During the same period in the previous year, the business earned $5.08 earnings per share. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. 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 forecast that Adobe Inc. will post 16.65 EPS for the current year.

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.