Talbot Financial LLC Sells 45,508 Shares of Adobe Inc. $ADBE

Talbot Financial LLC lessened its holdings in Adobe Inc. (NASDAQ:ADBE) by 88.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,768 shares of the software company’s stock after selling 45,508 shares during the period. Talbot Financial LLC’s holdings in Adobe were worth $2,019,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Aaron Wealth Advisors LLC increased its position in Adobe by 18.7% in the fourth quarter. Aaron Wealth Advisors LLC now owns 7,909 shares of the software company’s stock worth $2,768,000 after purchasing an additional 1,246 shares during the last quarter. Country Trust Bank increased its position in Adobe by 1.6% in the fourth quarter. Country Trust Bank now owns 75,010 shares of the software company’s stock worth $26,253,000 after purchasing an additional 1,192 shares during the last quarter. Lakeshore Capital Group Inc. increased its position in Adobe by 3.7% in the fourth quarter. Lakeshore Capital Group Inc. now owns 1,165 shares of the software company’s stock worth $408,000 after purchasing an additional 42 shares during the last quarter. Sound Income Strategies LLC increased its position in Adobe by 24.6% in the fourth quarter. Sound Income Strategies LLC now owns 578 shares of the software company’s stock worth $202,000 after purchasing an additional 114 shares during the last quarter. Finally, Leo Wealth LLC increased its position in Adobe by 5.6% in the fourth quarter. Leo Wealth LLC now owns 2,787 shares of the software company’s stock worth $975,000 after purchasing an additional 148 shares during the last quarter. Institutional investors own 81.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ADBE. Wolfe Research reduced their price target on shares of Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a research report on Thursday, December 11th. Morgan Stanley reduced their price target on shares of Adobe from $425.00 to $365.00 and set an “equal weight” rating on the stock in a research report on Friday, March 13th. The Goldman Sachs Group reduced their price target on shares of Adobe from $290.00 to $220.00 and set a “sell” rating on the stock in a research report on Friday, March 13th. Piper Sandler reduced their price target on shares of Adobe from $330.00 to $280.00 and set a “neutral” rating on the stock in a research report on Friday, March 13th. Finally, TD Cowen reduced their price target on shares of Adobe from $400.00 to $325.00 and set a “hold” rating on the stock in a research report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fourteen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $343.88.

Insider Buying and Selling

In other Adobe news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction on 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 transaction, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at $12,382,225.75. The trade was 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 this hyperlink. 0.20% of the stock is owned by insiders.

Adobe Stock Up 0.6%

NASDAQ ADBE opened at $244.35 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.47. The company has a fifty day moving average of $261.77 and a two-hundred day moving average of $310.47. The firm has a market capitalization of $98.77 billion, a price-to-earnings ratio of 14.23, a PEG ratio of 0.95 and a beta of 1.52. Adobe Inc. has a 52 week low of $233.15 and a 52 week high of $422.95.

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

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reported a solid quarter (EPS $6.06 vs. $5.87 est.; revenue $6.40B vs. $6.28B est.) and reiterated FY‑2026 EPS targets (23.30–23.50) and Q2 guidance, supporting near‑term upside and valuation improvement.
• Neutral Sentiment: Market coverage is highlighting notable intraday/quarterly moves and investor attention in ADBE, underscoring elevated volatility and the potential for sentiment‑driven swings. What Is Adobe Inc.’s (NASDAQ:ADBE) Share Price Doing?
• Neutral Sentiment: Analyst/compare pieces note Adobe’s strong institutional ownership and profitability metrics, providing a structural stability signal even as the stock digests recent declines. Reviewing Adobe (NASDAQ:ADBE) & SMS Alternatives (OTCMKTS:CICN)
• Neutral Sentiment: Coverage on AI startups building virtual try‑on and other retail tools flags a growing competitive cohort that could compress margins in Adobe’s retail/commerce adjacencies if customers shift to specialized AI vendors. ‘Silent killers’: How AI start-ups are trying to solve one of the retail industry’s biggest problems
• Negative Sentiment: A bearish Seeking Alpha piece urges investors to “face reality,” arguing Adobe’s growth assumptions and valuation are under pressure — such narratives can weigh on sentiment and prompt additional selling. Adobe: Stop The Wishful Thinking And Face The Reality
• Negative Sentiment: Jim Cramer and related coverage have flagged the risk of an “end of Adobe’s design dominance,” calling out the stock’s large Q1 decline and competitive threats — high‑profile criticism can amplify investor anxiety and drive short‑term outflows. Jim Cramer Discusses the Possibility of “End of Adobe’s Design Dominance”

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.