GAMMA Investing LLC Grows Stock Holdings in Adobe Inc. $ADBE

GAMMA Investing LLC boosted its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 31.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,637 shares of the software company’s stock after buying an additional 2,074 shares during the quarter. GAMMA Investing LLC’s holdings in Adobe were worth $3,023,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in shares of Adobe by 2.1% in the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock worth $3,588,000 after acquiring an additional 167 shares during the period. Sivia Capital Partners LLC raised its holdings in Adobe by 25.5% during the second quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock worth $926,000 after purchasing an additional 486 shares during the last quarter. United Bank boosted its position in Adobe by 12.8% during the second quarter. United Bank now owns 3,773 shares of the software company’s stock worth $1,460,000 after purchasing an additional 428 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in Adobe by 7.8% during the second quarter. Schnieders Capital Management LLC. now owns 2,630 shares of the software company’s stock worth $1,017,000 after purchasing an additional 190 shares in the last quarter. Finally, LSV Asset Management grew its holdings in Adobe by 350.0% in the second quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after purchasing an additional 56 shares during the last quarter. 81.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the completion of the sale, the chief financial officer directly owned 41,995 shares in the company, valued at $12,382,225.75. The trade was a 3.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.20% of the stock is owned by corporate insiders.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Record Q1 financials and AI adoption: Adobe reported a stronger-than-expected fiscal Q1 with revenue and EPS beats and management highlighted broad adoption of AI-powered products, which supports the longer-term growth thesis. AI Integration and Capabilities Power Adobe Inc. (ADBE) to Record First Quarter
• Positive Sentiment: NVIDIA partnership to accelerate AI capabilities: Adobe announced tighter collaboration with NVIDIA to boost Firefly and AI workflows — a positive for product differentiation and enterprise AI traction. Adobe Taps NVIDIA for AI: Can a Rich Partner Base Aid ADBE Stock?
• Positive Sentiment: High-profile commercial win — MLB deal expands Adobe’s enterprise footprint and provides a large-scale use case for its AI-enabled creative and marketing tools. Adobe’s MLB Deal Puts AI Tools To The Test At Scale
• Neutral Sentiment: Analyst and investor Q&A focus: Wall Street is parsing management’s guidance and strategic shifts — see key analyst questions from the Q1 call that investors should monitor. 5 Must-Read Analyst Questions From Adobe’s Q1 Earnings Call
• Neutral Sentiment: Reported short-interest figures are inconsistent (zero/NaN entries), suggesting the published short-interest data for March may be unreliable and should be treated cautiously.
• Negative Sentiment: UK antitrust probe into cancellation fees: Britain’s CMA opened an investigation into Adobe’s early cancellation charges — this raises regulatory risk and potential fines or remediation. UK regulator probes Photoshop maker Adobe over cancellation fee concerns
• Negative Sentiment: Settlement and remediation costs tied to cancellation issues: reports say Adobe will provide $75M in free services and pay a $75M penalty — a direct near-term hit and reputational headwind. Adobe to offer users free services $75 million over hard-to-cancel subscription mess
• Negative Sentiment: Heavy bearish derivatives flow: unusually large put buying (≈118,864 puts) signals elevated short-term bearish positioning and hedging activity, intensifying downside pressure.
• Negative Sentiment: Analyst downgrades and price-target cuts: Citi, UBS and others trimmed targets and Goldman flagged heightened uncertainty until Adobe names a permanent CEO — this weakens near-term sentiment. Goldman Sachs Sounds the Alarm on Adobe Stock, Pointing at ‘Uncertainty until Adobe’s Next CEO Is Announced’
• Negative Sentiment: Competitive and macro sentiment risks: pieces warning of a broader “SaaSpocalypse,” Google’s Stitch redesign, and CIO survey results labeling Adobe a branded-AI laggard have amplified selling pressure. Salesforce, Adobe Stocks Face 2008-Style Collapse In ‘SaaSpocalypse’

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Wall Street Zen raised Adobe from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Mizuho lowered their price objective on shares of Adobe from $340.00 to $315.00 and set an “outperform” rating on the stock in a research note on Friday, March 13th. Royal Bank Of Canada restated an “outperform” rating and set a $430.00 target price on shares of Adobe in a report on Monday, March 9th. Robert W. Baird set a $350.00 target price on shares of Adobe in a research report on Wednesday, January 14th. Finally, Stifel Nicolaus reduced their price target on shares of Adobe from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $343.88.

Adobe Stock Down 0.0%

Shares of NASDAQ:ADBE opened at $245.99 on Friday. The company has a quick ratio of 1.00, a current ratio of 0.91 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $100.98 billion, a P/E ratio of 14.33, a P/E/G ratio of 0.97 and a beta of 1.53. Adobe Inc. has a 52-week low of $244.27 and a 52-week high of $422.95. The stock’s fifty day simple moving average is $276.95 and its 200-day simple moving average is $320.28.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings data on Thursday, March 12th. The software company reported $6.06 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $6.28 billion. During the same quarter last year, the business posted $5.08 EPS. The firm’s quarterly revenue 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. As a group, equities research analysts forecast that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

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.