BTC Capital Management Inc. Acquires 3,224 Shares of Adobe Inc. $ADBE

BTC Capital Management Inc. boosted its holdings in Adobe Inc. (NASDAQ:ADBE) by 21.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,189 shares of the software company’s stock after buying an additional 3,224 shares during the period. BTC Capital Management Inc.’s holdings in Adobe were worth $6,416,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Balboa Wealth Partners increased its holdings in Adobe by 262.3% in the 3rd quarter. Balboa Wealth Partners now owns 5,470 shares of the software company’s stock valued at $1,929,000 after buying an additional 3,960 shares during the period. MidWestOne Financial Group Inc. boosted its holdings in shares of Adobe by 105.5% in the 3rd quarter. MidWestOne Financial Group Inc. now owns 1,763 shares of the software company’s stock worth $622,000 after acquiring an additional 905 shares in the last quarter. DDD Partners LLC increased its holdings in Adobe by 27.0% during the 3rd quarter. DDD Partners LLC now owns 6,466 shares of the software company’s stock valued at $2,281,000 after purchasing an additional 1,374 shares in the last quarter. Shariaportfolio Inc. raised its position in Adobe by 1.8% in the 3rd quarter. Shariaportfolio Inc. now owns 6,789 shares of the software company’s stock valued at $2,395,000 after purchasing an additional 123 shares during the last quarter. Finally, IMA Advisory Services Inc. grew its holdings in shares of Adobe by 2.2% during the third quarter. IMA Advisory Services Inc. now owns 5,594 shares of the software company’s stock worth $1,973,000 after purchasing an additional 120 shares during the last quarter. Institutional investors own 81.79% of the company’s stock.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reported a recent quarter that beat estimates and provided solid FY‑2026 and Q1 guidance, underpinning its cash flow and margins — a primary bullish catalyst for valuation recovery.
• Positive Sentiment: Bullish research/opinion pieces argue Adobe is materially undervalued and present buy cases highlighting its durable SaaS economics and franchise strength. Adobe: Outstanding Business At Outstanding Price
• Positive Sentiment: Adobe deepened its alliance with Cognizant to accelerate enterprise generative‑AI adoption — a strategic partnership that could help drive enterprise SaaS revenues and offset competitive threats. Adobe Deepens Cognizant Alliance To Push Enterprise Generative AI Adoption
• Neutral Sentiment: Zacks and other media note that Adobe is a trending stock and summarize factors investors should monitor (valuation, AI exposure, product momentum) without a definitive directional signal. Here is What to Know Beyond Why Adobe Inc. (ADBE) is a Trending Stock
• Neutral Sentiment: Brokerage consensus remains around a “Hold” average rating — suggests mixed views and limited near‑term conviction from sell‑side. Adobe Inc. (NASDAQ:ADBE) Given Average Rating of “Hold” by Brokerages
• Neutral Sentiment: Short‑interest reports in the feed show zero/NaN values and a 0.0 days‑to‑cover figure — this looks like a data anomaly and shouldn’t be read as a real change in positioning.
• Negative Sentiment: Analysts have been downgrading Adobe amid fears that generative AI could disrupt parts of its business, and some research houses have reiterated sell calls — creating nearer‑term selling pressure. Analysts are downgrading Adobe Inc. (ADBE), Here’s What You Should Know
• Negative Sentiment: Sector headlines and commentators point to a tech/software sell‑off driven by AI fears and macro uncertainties; Adobe has traded off with peers and has posted steeper declines at times. 3 Historically Cheap Software Stocks Begging to Be Bought Amid the Recent Tech Rout AI wreaking havoc across software stocks, job losses might follow: Tom Lee
• Negative Sentiment: Recent market coverage notes Adobe has at times fallen faster than the broader market, reflecting heightened investor sensitivity to sector risk. Adobe Systems (ADBE) Falls More Steeply Than Broader Market

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the completion of the sale, the chief financial officer owned 41,995 shares of the company’s stock, valued at $12,382,225.75. The trade was a 3.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.16% of the stock is owned by company insiders.

Adobe Stock Up 0.6%

NASDAQ:ADBE opened at $263.97 on Friday. The stock has a 50-day simple moving average of $317.89 and a 200 day simple moving average of $335.11. Adobe Inc. has a 52-week low of $251.10 and a 52-week high of $464.99. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $108.36 billion, a PE ratio of 15.80, a PEG ratio of 1.03 and a beta of 1.51.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 EPS 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 firm had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $6.11 billion. During the same quarter last year, the company posted $4.81 earnings per share. The company’s revenue for the quarter 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, sell-side analysts expect that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have commented on ADBE shares. TD Cowen decreased their price objective on shares of Adobe from $420.00 to $400.00 and set a “hold” rating on the stock in a report on Thursday, December 11th. Wall Street Zen downgraded Adobe from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Wolfe Research dropped their price objective on Adobe from $450.00 to $440.00 and set an “outperform” rating for the company in a report on Thursday, December 11th. Oppenheimer downgraded shares of Adobe from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 13th. Finally, Piper Sandler lowered shares of Adobe from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $470.00 to $330.00 in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $397.16.

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.