IFP Advisors Inc Grows Stock Position in Adobe Inc. $ADBE

IFP Advisors Inc increased its stake in Adobe Inc. (NASDAQ:ADBE) by 113.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,587 shares of the software company’s stock after acquiring an additional 4,573 shares during the period. IFP Advisors Inc’s holdings in Adobe were worth $3,030,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ADBE. CX Institutional grew its holdings in shares of Adobe by 72.9% in the third quarter. CX Institutional now owns 27,922 shares of the software company’s stock worth $9,849,000 after purchasing an additional 11,769 shares during the last quarter. Wright Investors Service Inc. raised its holdings in Adobe by 114.4% during the 3rd quarter. Wright Investors Service Inc. now owns 9,919 shares of the software company’s stock valued at $3,499,000 after buying an additional 5,293 shares during the last quarter. Federated Hermes Inc. boosted its position in Adobe by 185.1% during the 3rd 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 period. Jones Financial Companies Lllp boosted its position in Adobe by 43.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 106,598 shares of the software company’s stock valued at $38,309,000 after buying an additional 32,448 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in Adobe by 112.6% in the 3rd quarter. Victory Capital Management Inc. now owns 1,341,410 shares of the software company’s stock worth $469,467,000 after acquiring an additional 710,357 shares during the last quarter. 81.79% of the stock is currently owned by hedge funds and other institutional investors.

Adobe Trading Up 0.9%

NASDAQ:ADBE opened at $248.15 on Friday. The company has a 50-day moving average price of $275.23 and a 200-day moving average price of $319.52. The stock has a market cap of $101.87 billion, a price-to-earnings ratio of 14.45, a P/E/G ratio of 0.96 and a beta of 1.53. The company has a current ratio of 0.91, a quick ratio of 1.00 and a debt-to-equity ratio of 0.47. Adobe Inc. has a 12 month low of $241.00 and a 12 month high of $422.95.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.87 by $0.19. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The company had revenue of $6.40 billion for the quarter, compared to analysts’ expectations of $6.28 billion. During the same quarter in the previous year, the company earned $5.08 earnings per share. Adobe’s quarterly revenue was up 12.0% on a year-over-year basis. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Equities analysts predict that Adobe Inc. will post 16.65 EPS for the current year.

Insider Buying and Selling at Adobe

In other Adobe news, 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 transaction of $485,323.10. Following the transaction, the chief financial officer 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 is accessible through the SEC website. Company insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

ADBE has been the topic of a number of analyst reports. DA Davidson set a $300.00 price objective on shares of Adobe in a research report on Friday, March 13th. The Goldman Sachs Group dropped their target price on shares of Adobe from $290.00 to $220.00 and set a “sell” rating for the company in a report on Friday, March 13th. Mizuho cut their target price on Adobe from $340.00 to $315.00 and set an “outperform” rating on the stock in a research note on Friday, March 13th. BMO Capital Markets reduced their price target on Adobe from $375.00 to $285.00 and set a “market perform” rating on the stock in a report on Friday, March 13th. Finally, HSBC set a $302.00 price target on Adobe in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, Adobe currently has an average rating of “Hold” and a consensus price target of $343.88.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Q1 results and guidance beat expectations — Adobe reported better‑than‑expected revenue and EPS and provided FY26/Q2 guidance, supporting the fundamental bull case (strong margins and AI product adoption).
• Positive Sentiment: Adobe partners with NVIDIA to bolster Firefly and AI workflows, a strategic tie that can accelerate product capabilities and enterprise adoption. Adobe Taps NVIDIA for AI
• Positive Sentiment: High‑profile commercial deals — expanded multi‑year MLB partnership increases Adobe’s enterprise reach and provides a visible use case for its AI and marketing tools. Adobe’s MLB Deal Puts AI Tools To The Test At Scale
• Neutral Sentiment: Data anomaly on short interest — recent filings show zero short interest (likely a reporting glitch), so short‑interest metrics are unreliable right now and not driving a clear directional signal.
• Neutral Sentiment: Several analyst pieces and think‑pieces (bull and bear) are amplifying volatility but offer mixed conclusions on valuation versus growth; these are influencing sentiment more than fundamentals. Assessing Adobe (ADBE) Valuation
• Negative Sentiment: Regulatory pressure — U.K. antitrust probe into early cancellation fees and a reported $75M remediation/penalty raise legal/operational risk and headline risk. UK regulator probes Adobe over cancellation fees
• Negative Sentiment: Competitive threats from Big Tech — Google’s redesigned Stitch platform and repeated comparisons showing Microsoft’s Azure/AI momentum are pressuring Adobe’s growth narrative and multiple. Adobe Stock Drops After Google’s Stitch Redesign
• Negative Sentiment: Investor positioning and options activity — unusually large put buying and bearish commentary (including “SaaSpocalypse” headlines) signal elevated downside risk and likely contributed to recent selling pressure.
• Negative Sentiment: Leadership uncertainty — the announced CEO transition is cited in multiple analyses as a near‑term risk to sentiment and has added to the stock’s recent weakness. Microsoft vs. Adobe: Which Software Giant Has Better Upside Potential?

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.