Mirae Asset Global Investments Co. Ltd. Acquires 22,074 Shares of Adobe Inc. $ADBE

Mirae Asset Global Investments Co. Ltd. increased its holdings in Adobe Inc. (NASDAQ:ADBE) by 14.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 178,181 shares of the software company’s stock after buying an additional 22,074 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Adobe were worth $62,853,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Norges Bank purchased a new position in Adobe in the second quarter valued at about $2,029,950,000. Franklin Resources Inc. boosted its stake in Adobe by 68.9% in the second quarter. Franklin Resources Inc. now owns 1,939,018 shares of the software company’s stock valued at $750,168,000 after acquiring an additional 791,077 shares in the last quarter. Acadian Asset Management LLC grew its holdings in Adobe by 218.5% in the second quarter. Acadian Asset Management LLC now owns 1,073,899 shares of the software company’s stock worth $415,434,000 after purchasing an additional 736,682 shares during the last quarter. Invesco Ltd. grew its stake in Adobe by 16.1% during the 2nd quarter. Invesco Ltd. now owns 4,407,162 shares of the software company’s stock worth $1,705,043,000 after buying an additional 610,215 shares during the last quarter. Finally, Federated Hermes Inc. raised its stake in Adobe by 185.1% in the third quarter. Federated Hermes Inc. now owns 898,408 shares of the software company’s stock valued at $316,913,000 after buying an additional 583,275 shares during the last quarter. Institutional investors own 81.79% of the company’s stock.

Adobe Stock Performance

ADBE opened at $299.58 on Thursday. The firm has a fifty day moving average price of $329.78 and a 200 day moving average price of $342.82. Adobe Inc. has a 1 year low of $288.33 and a 1 year high of $465.70. The stock has a market cap of $122.98 billion, a P/E ratio of 17.93, a P/E/G ratio of 1.17 and a beta of 1.53. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00.

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, beating 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 company had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $6.11 billion. During the same quarter in the previous year, the company earned $4.81 earnings per share. The firm’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. Equities research analysts anticipate that Adobe Inc. will post 16.65 earnings per share for the current year.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Major Photoshop product update — Adobe rolled out a wide set of Photoshop improvements (new layers & workflow controls) that could help retain and expand Creative Cloud subscribers and monetization over time. Adobe Photoshop Gets a Major Update
• Positive Sentiment: Press frames upgrades as meaningful for pro workflows — coverage (Forbes) highlights realism/precision gains that support long‑term ARPU and enterprise appeal, reinforcing the product‑momentum case. Adobe Announces New Upgrades To Photoshop
• Neutral Sentiment: Short‑interest data noisy / shows no signal — January short‑interest figures released are effectively zero/NaN and do not imply a clear short‑squeeze or crowd positioning signal.
• Neutral Sentiment: Executive compensation & severance update — Adobe disclosed 2026 pay plans and a new severance policy; typically governance details are neutral for near‑term price moves unless they escalate. Executive compensation and severance policy
• Negative Sentiment: CFO insider sale — CFO Daniel Durn sold 1,646 shares (~$485k), a small but visible reduction in insider ownership that can rattle sentiment when combined with other negatives. CFO Daniel Durn Sells Shares
• Negative Sentiment: Analyst/peer comparison favors Salesforce — a Zacks piece argues CRM is the stronger enterprise‑software buy today (AI/agent momentum and margin story), which can divert capital away from Adobe. CRM vs. ADBE: Which Enterprise Software Stock Is the Better Buy?
• Negative Sentiment: Semrush merger legal risk — shareholder lawsuits against Semrush could delay or complicate Adobe’s proposed acquisition, adding near‑term uncertainty and potential costs. Semrush merger legal risk

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on ADBE. Jefferies Financial Group downgraded shares of Adobe from a “buy” rating to a “hold” rating and cut their price objective for the company from $500.00 to $400.00 in a report on Monday, January 5th. Wolfe Research dropped their price objective on shares of Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a report on Thursday, December 11th. Barclays reissued an “overweight” rating and issued a $415.00 target price on shares of Adobe in a research report on Friday, December 5th. Wall Street Zen downgraded Adobe from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, TD Cowen reduced their price objective on Adobe from $420.00 to $400.00 and set a “hold” rating for the company in a research note on Thursday, December 11th. One 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 company. According to data from MarketBeat, Adobe currently has a consensus rating of “Hold” and a consensus price target of $397.19.

Insider Buying and Selling

In other Adobe news, CAO Jillian Forusz sold 149 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $337.88, for a total value of $50,344.12. Following the sale, the chief accounting officer directly owned 3,426 shares of the company’s stock, valued at approximately $1,157,576.88. This trade represents a 4.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Daniel Durn sold 1,646 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total value of $485,323.10. Following the transaction, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.16% of the company’s stock.

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.