SBI Securities Co. Ltd. Sells 2,512 Shares of Adobe Inc. $ADBE

SBI Securities Co. Ltd. lowered its position in Adobe Inc. (NASDAQ:ADBE) by 21.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,150 shares of the software company’s stock after selling 2,512 shares during the period. SBI Securities Co. Ltd.’s holdings in Adobe were worth $2,195,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Investment Research & Advisory Group Inc. lifted its stake in Adobe by 185.7% during the 3rd quarter. Investment Research & Advisory Group Inc. now owns 100 shares of the software company’s stock valued at $25,000 after acquiring an additional 65 shares during the period. Security National Bank of Sioux City Iowa IA acquired a new stake in shares of Adobe in the second quarter worth $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Adobe in the second quarter worth $28,000. North Point Portfolio Managers Corp OH acquired a new stake in shares of Adobe in the third quarter worth $30,000. Finally, Bullock Wealth Management Group raised its holdings in shares of Adobe by 468.2% during the third quarter. Bullock Wealth Management Group now owns 125 shares of the software company’s stock worth $30,000 after purchasing an additional 103 shares during the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Adobe Price Performance

Shares of NASDAQ ADBE opened at $263.82 on Friday. The stock has a market capitalization of $102.68 billion, a price-to-earnings ratio of 14.72, a PEG ratio of 0.94 and a beta of 1.42. Adobe Inc. has a 12 month low of $190.12 and a 12 month high of $363.70. The firm’s 50 day simple moving average is $255.83 and its 200-day simple moving average is $243.54. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.77.

Adobe (NASDAQ:ADBE) last posted its earnings results on Thursday, September 10th. The software company reported $6.13 earnings per share for the quarter, beating the consensus estimate of $6.08 by $0.05. Adobe had a net margin of 28.05% and a return on equity of 65.65%. The firm had revenue of $6.76 billion during the quarter, compared to analyst estimates of $6.69 billion. During the same period in the previous year, the firm earned $5.31 EPS. The business’s quarterly revenue was up 12.9% on a year-over-year basis. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. Analysts expect that Adobe Inc. will post 20.01 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on ADBE shares. Robert W. Baird boosted their target price on shares of Adobe from $230.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, September 11th. Morgan Stanley reaffirmed an “underweight” rating on shares of Adobe in a report on Friday, September 11th. Sanford C. Bernstein cut their price target on Adobe from $379.00 to $373.00 and set an “outperform” rating on the stock in a research report on Friday, September 11th. Stifel Nicolaus lifted their price objective on Adobe from $200.00 to $225.00 and gave the company a “hold” rating in a research note on Wednesday, September 9th. Finally, Barclays lifted their price objective on Adobe from $250.00 to $295.00 and gave the company an “equal weight” rating in a research note on Thursday, September 3rd. Nine analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat, Adobe has a consensus rating of “Hold” and an average target price of $283.90.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe continues to benefit from high margins, substantial free cash flow, a large user base and recurring-revenue growth. Supporters argue that the stock’s relatively low valuation and continued annual recurring revenue buildup create potential for a turnaround. Adobe: Deep Value Amid Continued ARR Buildup
• Positive Sentiment: Recent AI-related partnerships, including an expanded relationship with NVIDIA and a new deal making Adobe the official AI fan-experience partner of BWT Alpine Formula One, reinforce the company’s effort to demonstrate practical uses for its AI tools and expand its brand reach. Adobe and BWT Alpine Formula One Team Partner
• Positive Sentiment: Adobe recently exceeded analysts’ quarterly EPS and revenue estimates, while management maintained fiscal 2026 earnings guidance. Those results provide fundamental support even as the share price has lagged broader technology benchmarks.
• Neutral Sentiment: Wall Street is divided: some analysts see substantial upside if Adobe converts its AI investments into monetized growth, while others remain cautious. Articles comparing Adobe with Salesforce, CrowdStrike and Arista Networks highlight that the stock’s appeal depends on an investor’s preference for valuation and profitability versus faster growth. Adobe Stock Has Been Under Pressure
• Negative Sentiment: The principal overhang is AI disruption risk. Investors remain concerned that competing tools from companies such as Anthropic and Google could reduce demand for Adobe’s traditional applications or pressure pricing through “app-less” creative workflows. Adobe: Strong Fundamentals, But AI Remains the Key Risk
• Negative Sentiment: The stock’s decline despite repeated earnings outperformance signals that investors want clearer evidence of accelerating growth and successful AI monetization before assigning Adobe a higher multiple.

Insiders Place Their Bets

In other Adobe news, CEO Shantanu Narayen sold 74,500 shares of Adobe stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $251.56, for a total value of $18,741,220.00. Following the completion of the transaction, the chief executive officer owned 289,224 shares of the company’s stock, valued at approximately $72,757,189.44. The trade was a 20.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Jillian Forusz sold 416 shares of the company’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total transaction of $109,961.28. Following the completion of the transaction, the chief accounting officer owned 3,824 shares of the company’s stock, valued at approximately $1,010,797.92. This trade represents a 9.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 125,416 shares of company stock valued at $31,454,466 in the last ninety days. 0.20% of the stock is owned by corporate insiders.

Adobe Company Profile

Adobe Inc is a global software company that develops digital tools for creative professionals, businesses, marketers, and individual users. Its products help customers create, edit, publish, manage, and measure digital content across websites, mobile applications, documents, and other media.

The company’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, InDesign, Premiere Pro, and Acrobat. Adobe also offers Document Cloud, which provides tools for creating, editing, sharing, signing, and managing digital documents, and Experience Cloud, a suite of solutions for digital marketing, analytics, commerce, customer journeys, and content management.