Adobe Inc. $ADBE Stock Holdings Lifted by Altshuler Shaham Ltd

Altshuler Shaham Ltd raised its position in Adobe Inc. (NASDAQ:ADBE) by 1,418,002.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 581,422 shares of the software company’s stock after purchasing an additional 581,381 shares during the quarter. Adobe makes up approximately 3.0% of Altshuler Shaham Ltd’s holdings, making the stock its 9th biggest position. Altshuler Shaham Ltd’s holdings in Adobe were worth $203,492,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ADBE. Norges Bank purchased a new position in Adobe in the fourth quarter valued at about $2,275,165,000. Arrowstreet Capital Limited Partnership grew its stake in Adobe by 53.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 5,617,145 shares of the software company’s stock valued at $1,981,448,000 after purchasing an additional 1,952,994 shares in the last quarter. Dodge & Cox grew its stake in Adobe by 8,006.6% in the third quarter. Dodge & Cox now owns 1,593,506 shares of the software company’s stock valued at $562,109,000 after purchasing an additional 1,573,849 shares in the last quarter. AQR Capital Management LLC grew its stake in Adobe by 55.2% in the third quarter. AQR Capital Management LLC now owns 2,587,399 shares of the software company’s stock valued at $912,705,000 after purchasing an additional 920,353 shares in the last quarter. Finally, Amundi grew its stake in Adobe by 17.9% in the third quarter. Amundi now owns 4,888,283 shares of the software company’s stock valued at $1,711,583,000 after purchasing an additional 742,646 shares in the last quarter. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Insider Transactions at Adobe

In related news, CEO Shantanu Narayen sold 75,000 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $243.54, for a total transaction of $18,265,500.00. Following the sale, the chief executive officer directly owned 359,538 shares in the company, valued at $87,561,884.52. This represents a 17.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Daniel Durn sold 1,336 shares of the firm’s stock in a transaction on Monday, April 20th. The shares were sold at an average price of $248.02, for a total value of $331,354.72. Following the sale, the chief financial officer directly owned 42,833 shares of the company’s stock, valued at $10,623,440.66. This represents a 3.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 77,091 shares of company stock valued at $18,782,773. Corporate insiders own 0.20% of the company’s stock.

Adobe Price Performance

NASDAQ ADBE opened at $196.28 on Thursday. The stock has a 50-day simple moving average of $242.14 and a 200 day simple moving average of $275.90. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.91 and a current ratio of 0.75. The stock has a market capitalization of $78.02 billion, a PE ratio of 11.23, a P/E/G ratio of 0.72 and a beta of 1.42. Adobe Inc. has a twelve month low of $195.02 and a twelve month high of $392.58.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings results on Thursday, June 11th. The software company reported $5.96 EPS for the quarter, beating the consensus estimate of $5.82 by $0.14. The firm had revenue of $6.62 billion during the quarter, compared to analysts’ expectations of $6.45 billion. Adobe had a return on equity of 65.11% and a net margin of 28.69%.The company’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.06 EPS. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. Research analysts anticipate that Adobe Inc. will post 19.79 EPS for the current year.

Adobe declared that its Board of Directors has approved a share buyback plan on Tuesday, April 21st that permits the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization permits the software company to purchase up to 24.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Summit Redstone set a $350.00 price target on Adobe in a research note on Friday, April 17th. TD Cowen decreased their price target on Adobe from $310.00 to $285.00 and set a “hold” rating for the company in a research note on Monday, June 8th. Wolfe Research downgraded Adobe from an “outperform” rating to a “peer perform” rating in a research note on Friday, June 12th. Dbs Bank downgraded Adobe from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Finally, Mizuho decreased their price target on Adobe from $270.00 to $245.00 and set a “neutral” rating for the company in a research note on Friday, June 12th. Five analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, Adobe currently has a consensus rating of “Hold” and an average price target of $278.16.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe announced Adobe Brand Visibility and new GenStudio for Commerce Media Networks tools, aimed at helping companies stay visible, trusted, and on-brand across AI-driven search and shopping surfaces. Introducing Adobe Brand Visibility: A Unified Solution for the AI Search Era
• Positive Sentiment: Adobe and LinkedIn launched a global AI skills initiative for marketers, reinforcing Adobe’s role in AI education and enterprise workflow adoption. Adobe & LinkedIn Launch Global AI Skills Initiative for Marketing Professionals
• Positive Sentiment: Multiple commentary pieces highlighted Adobe as a potentially undervalued software name after the selloff, suggesting some investors see the pullback as a buying opportunity. Microsoft vs. Adobe: Which High ROIC Software Stock is the Best Buy-the-Dip Target?
• Neutral Sentiment: Adobe executives discussed how AI is changing brand discovery and online visibility, which supports the company’s AI narrative but does not yet translate into immediate financial results. How AI is Changing the Branding Game: Integrating AI Optimization & Trust
• Negative Sentiment: Investor sentiment remains weak after reports about the surprise departure of Adobe’s CFO and broader concerns about slowing spend and softer AI credit demand. Adobe Sinks After CFO Departure. It’s Now a Classic Battleground Stock.
• Negative Sentiment: Jim Cramer struck a bearish tone on Adobe, pointing to the CEO resignation and CFO change as reasons he does not want investors in the stock right now. Jim Cramer on Adobe: “I Don’t Want You in It”

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.