Atria Investments Inc Lowers Holdings in Adobe Inc. $ADBE

Atria Investments Inc lowered its position in Adobe Inc. (NASDAQ:ADBE) by 36.4% during the 3rd quarter, Holdings Channel reports. The firm owned 30,268 shares of the software company’s stock after selling 17,319 shares during the quarter. Atria Investments Inc’s holdings in Adobe were worth $10,677,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. LSV Asset Management grew its position in shares of Adobe by 350.0% during the 2nd quarter. LSV Asset Management now owns 72 shares of the software company’s stock worth $28,000 after buying an additional 56 shares in the last quarter. Horizon Financial Services LLC grew its holdings in Adobe by 4,000.0% during the 2nd quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock worth $32,000 after acquiring an additional 80 shares in the last quarter. Total Investment Management Inc. purchased a new position in Adobe during the 2nd quarter valued at about $35,000. Howard Hughes Medical Institute bought a new stake in shares of Adobe in the 2nd quarter valued at about $36,000. Finally, Heartwood Wealth Advisors LLC purchased a new stake in shares of Adobe in the 3rd quarter worth approximately $35,000. 81.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Citigroup lifted their price objective on shares of Adobe from $366.00 to $387.00 and gave the company a “neutral” rating in a report on Wednesday, December 17th. Piper Sandler downgraded Adobe from an “overweight” rating to a “neutral” rating and cut their price target for the company from $470.00 to $330.00 in a report on Monday, February 2nd. Weiss Ratings cut Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, February 2nd. Jefferies Financial Group downgraded Adobe from a “buy” rating to a “hold” rating and dropped their price objective for the company from $500.00 to $400.00 in a research report on Monday, January 5th. Finally, Wall Street Zen downgraded shares of Adobe from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $401.13.

Adobe Trading Up 2.1%

Shares of NASDAQ:ADBE opened at $262.50 on Friday. The business’s 50-day moving average is $319.53 and its 200 day moving average is $335.84. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00. Adobe Inc. has a 1 year low of $251.10 and a 1 year high of $465.70. The firm has a market capitalization of $107.76 billion, a P/E ratio of 15.71, a P/E/G ratio of 1.01 and a beta of 1.51.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $6.11 billion. During the same quarter in the previous year, the firm earned $4.81 earnings per share. The company’s revenue was up 10.5% on a year-over-year basis. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. On average, research analysts predict that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reported a recent quarterly beat, solid margins and set FY26 guidance that implies continued earnings strength, which supports valuation and investor buying interest.
• Positive Sentiment: Adobe deepened its enterprise generative-AI partnership with Cognizant — a commercial push that helps monetize AI across large customers and supports revenue growth expectations. Adobe Deepens Cognizant Alliance To Push Enterprise Generative AI Adoption
• Positive Sentiment: Multiple analysts and outlets are calling software stocks (including Adobe) attractive after the sell-off — several pieces argue ADBE looks undervalued or “too cheap to ignore,” encouraging value-oriented buying. Adobe: Too Cheap To Ignore, AI Fears Overblown
• Positive Sentiment: Market commentary suggests heavy short interest across software names could set up a near‑term squeeze if prices stabilize; that dynamics can amplify rallies in beaten-down leaders like Adobe. Software Stocks Look Primed for a Short Squeeze
• Neutral Sentiment: Short‑interest data reported for Adobe in mid‑February shows anomalous/zero figures and inconsistent prints across feeds, so current short-interest signals are unclear and shouldn’t be over‑interpreted.
• Neutral Sentiment: PR and industry programs such as Adobe’s Creative Collective aim to bolster brand/industry positioning but are unlikely to move the stock materially in the near term. Adobe’s Creative Collective assembles multidisciplinary experts to analyse and advise on the industry’s big changes
• Negative Sentiment: A class-action suit alleges Adobe used pirated books to train AI models — this introduces legal and PR risk that could result in costs, injunctions or investor concern if litigation escalates. Class Suit Accuses Adobe of Using Pirated Books to Train AI Models
• Negative Sentiment: Short-term price weakness was highlighted in recent market coverage (ADBE fell more steeply than the broader market on the latest close), reflecting continued investor caution around AI disruption and the broader tech sell-off. Adobe Systems (ADBE) Falls More Steeply Than Broader Market: What Investors Need to Know

Insider Transactions 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 shares were 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.16% of the company’s stock.

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.