Allen Mooney & Barnes Investment Advisors LLC Purchases 32,864 Shares of Adobe Inc. $ADBE

Allen Mooney & Barnes Investment Advisors LLC grew its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 593.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,403 shares of the software company’s stock after purchasing an additional 32,864 shares during the quarter. Adobe makes up approximately 2.0% of Allen Mooney & Barnes Investment Advisors LLC’s holdings, making the stock its 22nd biggest position. Allen Mooney & Barnes Investment Advisors LLC’s holdings in Adobe were worth $13,441,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ADBE. Measured Wealth Private Client Group LLC purchased a new stake in Adobe during the third quarter valued at approximately $26,000. KERR FINANCIAL PLANNING Corp bought a new position in Adobe in the third quarter worth approximately $27,000. Caitlin John LLC purchased a new position in shares of Adobe during the 3rd quarter worth $28,000. Beacon Financial Strategies CORP purchased a new position in shares of Adobe during the 4th quarter worth $28,000. Finally, Marquette Asset Management LLC grew its position in shares of Adobe by 72.3% during the 4th quarter. Marquette Asset Management LLC now owns 81 shares of the software company’s stock valued at $28,000 after acquiring an additional 34 shares during the period. Institutional investors own 81.79% of the company’s stock.

Insider Activity at Adobe

In other news, 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 directly owned 41,995 shares in the company, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.20% of the company’s stock.

Adobe Price Performance

Shares of ADBE stock opened at $242.92 on Monday. The company’s fifty day simple moving average is $262.98 and its two-hundred day simple moving average is $311.34. Adobe Inc. has a 52 week low of $233.15 and a 52 week high of $422.95. The stock has a market cap of $98.19 billion, a P/E ratio of 14.15, a PEG ratio of 0.95 and a beta of 1.52. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.47.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data 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. The firm 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 quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the business posted $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. Analysts predict that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Q1 beat, AI momentum and buyer arguments — Adobe reported solid Q1 results and investors on social channels point to accelerating AI-related ARR, high margins, buyback support and attractive multiples as reasons the selloff may be overdone; these fundamentals support a recovery thesis. Adobe Stock (ADBE) Opinions on Q1 Earnings and CEO Transition
• Positive Sentiment: Bullish analyst views and implied upside — some outlets and analysts still call ADBE undervalued versus a median analyst target near $310, giving upside potential if AI monetization accelerates and guidance holds. Bullish Analyst Sentiment on Adobe (ADBE) Amid Ongoing AI Advancements
• Neutral Sentiment: Insider and institutional flows mixed — recent insider sales and large repositioning by major institutions (some adding, some trimming) signal reallocation rather than a clear directional bet; watch 13F/insider updates for conviction changes. Adobe Stock (ADBE) Opinions on Q1 Earnings and CEO Transition
• Negative Sentiment: William Blair downgrade and lower price target — the downgrade to Market Perform with a steep cut to the target reduces near-term analyst support and can pressure sentiment and flows. William Blair Downgrades Adobe (ADBE) to Market Perform, Lowers PT
• Negative Sentiment: Alleged data breach claim — a threat actor has claimed theft of ~13M support tickets; even unconfirmed, this raises operational and reputational risk and could trigger regulatory scrutiny or customer churn if validated. Speculation mounts over alleged Adobe breach as threat actor claims theft of 13M support tickets
• Negative Sentiment: Legal and product-risk headlines — potential California class actions over terms of use and accusations that Adobe secretly rewrote users’ files add litigation and trust risk that could weigh on enterprise and consumer adoption. Adobe juggles potential class actions in California over its terms of use Adobe accused of secretly rewriting users’ computer files
• Negative Sentiment: Strategic risk from AI commoditization — analysts and industry voices warn that AI-driven feature parity (lower-cost competitors or embedded AI in other tools) could erode Adobe’s pricing power over time, complicating the long-term growth story. Semianalysis CEO: Adobe faces existential threat from AI commoditization

Wall Street Analysts Forecast Growth

ADBE has been the subject of several analyst reports. Jefferies Financial Group reduced their price objective on Adobe from $400.00 to $290.00 and set a “hold” rating for the company in a research note on Monday, February 23rd. Morgan Stanley cut their price target on Adobe from $425.00 to $365.00 and set an “equal weight” rating for the company in a report on Friday, March 13th. HSBC set a $302.00 price target on Adobe in a research report on Friday, February 13th. Barclays cut Adobe from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $335.00 to $275.00 in a research report on Friday, March 13th. Finally, Citigroup cut their price objective on Adobe from $315.00 to $278.00 and set a “neutral” rating for the company in a research note on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fourteen have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, Adobe presently has an average rating of “Hold” and a consensus target price of $343.88.

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.