Adobe Inc. $ADBE Shares Sold by Rathbones Group PLC

Rathbones Group PLC lessened its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 6.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 400,346 shares of the software company’s stock after selling 27,886 shares during the quarter. Rathbones Group PLC’s holdings in Adobe were worth $140,117,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in ADBE. Brighton Jones LLC boosted its holdings in Adobe by 2.1% in the fourth quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock valued at $3,588,000 after purchasing an additional 167 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Adobe by 25.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock valued at $926,000 after buying an additional 486 shares during the period. United Bank grew its position in shares of 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 buying an additional 428 shares in the last quarter. Schnieders Capital Management LLC. increased its stake in shares of 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 buying an additional 190 shares during the period. Finally, Cresset Asset Management LLC raised its holdings in Adobe by 1,265.2% in the second quarter. Cresset Asset Management LLC now owns 24,915 shares of the software company’s stock valued at $9,639,000 after acquiring an additional 23,090 shares in the last quarter. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Q1 beat, AI momentum and buyer arguments — Adobe reported solid Q1 results and investors on social channels point to accelerating AI-related ARR, high margins, buyback support and attractive multiples as reasons the selloff may be overdone; these fundamentals support a recovery thesis. Adobe Stock (ADBE) Opinions on Q1 Earnings and CEO Transition
• Positive Sentiment: Bullish analyst views and implied upside — some outlets and analysts still call ADBE undervalued versus a median analyst target near $310, giving upside potential if AI monetization accelerates and guidance holds. Bullish Analyst Sentiment on Adobe (ADBE) Amid Ongoing AI Advancements
• Neutral Sentiment: Insider and institutional flows mixed — recent insider sales and large repositioning by major institutions (some adding, some trimming) signal reallocation rather than a clear directional bet; watch 13F/insider updates for conviction changes. Adobe Stock (ADBE) Opinions on Q1 Earnings and CEO Transition
• Negative Sentiment: William Blair downgrade and lower price target — the downgrade to Market Perform with a steep cut to the target reduces near-term analyst support and can pressure sentiment and flows. William Blair Downgrades Adobe (ADBE) to Market Perform, Lowers PT
• Negative Sentiment: Alleged data breach claim — a threat actor has claimed theft of ~13M support tickets; even unconfirmed, this raises operational and reputational risk and could trigger regulatory scrutiny or customer churn if validated. Speculation mounts over alleged Adobe breach as threat actor claims theft of 13M support tickets
• Negative Sentiment: Legal and product-risk headlines — potential California class actions over terms of use and accusations that Adobe secretly rewrote users’ files add litigation and trust risk that could weigh on enterprise and consumer adoption. Adobe juggles potential class actions in California over its terms of use Adobe accused of secretly rewriting users’ computer files
• Negative Sentiment: Strategic risk from AI commoditization — analysts and industry voices warn that AI-driven feature parity (lower-cost competitors or embedded AI in other tools) could erode Adobe’s pricing power over time, complicating the long-term growth story. Semianalysis CEO: Adobe faces existential threat from AI commoditization

Insider Activity at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of the 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 owned 41,995 shares in the company, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on ADBE shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Adobe in a research note on Friday, March 13th. TD Cowen reduced their price objective on shares of Adobe from $400.00 to $325.00 and set a “hold” rating on the stock in a report on Tuesday, March 10th. Argus reaffirmed a “hold” rating on shares of Adobe in a research report on Monday, March 16th. Weiss Ratings downgraded shares of Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 6th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $430.00 price target on shares of Adobe in a research note on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fourteen have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $343.88.

Adobe Price Performance

ADBE stock opened at $242.92 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $98.19 billion, a P/E ratio of 14.15, a PEG ratio of 0.95 and a beta of 1.52. The business has a 50 day simple moving average of $262.98 and a 200-day simple moving average of $311.34. Adobe Inc. has a twelve month low of $233.15 and a twelve month high of $422.95.

Adobe (NASDAQ:ADBE) last released its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 EPS for the quarter, beating the consensus estimate of $5.87 by $0.19. The firm had revenue of $6.40 billion during the quarter, compared to the consensus estimate of $6.28 billion. Adobe had a net margin of 29.48% and a return on equity of 64.48%. Adobe’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.08 EPS. 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 analysts anticipate that Adobe Inc. will post 16.65 EPS for the current year.

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.