Navalign LLC Invests $846,000 in Adobe Inc. $ADBE

Navalign LLC purchased a new stake in shares of Adobe Inc. (NASDAQ:ADBE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,397 shares of the software company’s stock, valued at approximately $846,000.

Other hedge funds have also added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its position in shares of Adobe by 19.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 892,125 shares of the software company’s stock worth $315,425,000 after buying an additional 146,768 shares during the period. Schroder Investment Management Group lifted its holdings in Adobe by 10.6% in the third quarter. Schroder Investment Management Group now owns 2,363,577 shares of the software company’s stock valued at $833,752,000 after buying an additional 225,853 shares during the period. Gerber Kawasaki Wealth & Investment Management boosted its stake in Adobe by 3.2% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 2,868 shares of the software company’s stock valued at $1,012,000 after acquiring an additional 90 shares during the last quarter. Fort Sheridan Advisors LLC grew its holdings in Adobe by 11.0% during the 3rd quarter. Fort Sheridan Advisors LLC now owns 1,280 shares of the software company’s stock worth $452,000 after acquiring an additional 127 shares during the period. Finally, Nutshell Asset Management Ltd grew its holdings in Adobe by 16.7% during the 3rd quarter. Nutshell Asset Management Ltd now owns 39,765 shares of the software company’s stock worth $14,027,000 after acquiring an additional 5,700 shares during the period. Institutional investors own 81.79% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on ADBE. The Goldman Sachs Group began coverage on Adobe in a research note on Monday, January 12th. They issued a “sell” rating and a $290.00 price target on the stock. Piper Sandler reaffirmed a “neutral” rating on shares of Adobe in a research note on Wednesday. Barclays dropped their price objective on Adobe from $415.00 to $335.00 and set an “overweight” rating for the company in a report on Wednesday, March 4th. HSBC set a $302.00 target price on Adobe in a report on Friday, February 13th. Finally, Weiss Ratings lowered Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $386.68.

Adobe Trading Up 0.7%

NASDAQ ADBE opened at $283.62 on Monday. Adobe Inc. has a one year low of $244.28 and a one year high of $452.51. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $116.43 billion, a P/E ratio of 16.97, a P/E/G ratio of 1.12 and a beta of 1.53. The stock’s 50-day moving average is $291.65 and its 200-day moving average is $325.86.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data 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. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The business had revenue of $6.19 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same period in the previous year, the firm earned $4.81 EPS. Adobe’s quarterly revenue 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. Sell-side analysts anticipate that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Insider Buying and Selling at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief financial officer owned 41,995 shares in the company, valued at $12,382,225.75. This represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.20% of the stock is owned by company insiders.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe expanded a multi‑year partnership with Major League Baseball to power next‑generation digital fan experiences — a commercial win that underscores Adobe’s enterprise demand for marketing, content and experience tools. Adobe and Major League Baseball Expand Partnership
• Positive Sentiment: Reports that investor Michael Burry has taken a significant new position in Adobe are fueling contrarian interest and a re‑rating debate around Adobe’s AI transition and valuation, supporting buying interest. Michael Burry Backs Adobe As AI Transition Meets Deep Value Debate
• Neutral Sentiment: Multiple outlets flag Adobe and other big tech names on this week’s earnings and macro calendar — investors are focused on CPI/PCE inflation prints that could influence Fed policy and tech multiples ahead of Adobe’s report. Oracle, Adobe Earnings and Inflation Data: What to Watch This Week
• Neutral Sentiment: Pre‑earnings coverage highlights that Adobe faces a critical Q1 test after a multi‑quarter pullback; analysts are split on near‑term AI monetization vs. valuation risks. Adobe Stock Faces Critical Q1 Earnings Test
• Negative Sentiment: Citigroup cut its price target on Adobe to $315, signaling lowered analyst expectations and adding downward pressure on sentiment. Citigroup Cuts Adobe Price Target
• Negative Sentiment: Sen. John Boozman sold shares of Adobe, an insider sale that can be read by some investors as a small negative signal on near‑term confidence. Sen. John Boozman Sells Off Shares of Adobe
• Negative Sentiment: Coverage noting rating downgrades and lingering worries about AI competition and execution suggests downside risk if Adobe’s Q1 results or guidance disappoint. Adobe: The Problems Could Be Bigger Than We Think

Adobe Company 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.