Quadrant Capital Group LLC Sells 7,941 Shares of Adobe Inc. $ADBE

Quadrant Capital Group LLC lowered its stake in Adobe Inc. (NASDAQ:ADBE) by 54.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 6,698 shares of the software company’s stock after selling 7,941 shares during the quarter. Quadrant Capital Group LLC’s holdings in Adobe were worth $1,583,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ADBE. BlackRock Inc. acquired a new position in shares of Adobe during the 2nd quarter worth about $8,437,821,000. Johnson Financial Group Inc. purchased a new position in Adobe in the 2nd quarter valued at $2,289,000. Biondo Investment Advisors LLC purchased a new position in shares of Adobe in the second quarter worth about $2,647,000. Summit Global Investments purchased a new position in Adobe in the 2nd quarter worth approximately $1,401,000. Finally, Tejara Capital Ltd acquired a new position in Adobe during the second quarter worth $3,461,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Trading Up 6.1%

NASDAQ ADBE opened at $270.55 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a market capitalization of $105.30 billion, a P/E ratio of 15.10, a PEG ratio of 0.89 and a beta of 1.42. The firm’s 50-day moving average is $255.84 and its two-hundred day moving average is $243.40. Adobe Inc. has a 12 month low of $190.12 and a 12 month high of $363.70.

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

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ADBE shares. Phillip Securities lowered shares of Adobe from a “strong-buy” rating to a “hold” rating and decreased their target price for the company from $368.00 to $203.00 in a report on Monday, June 29th. Jefferies Financial Group reduced their price target on shares of Adobe from $285.00 to $275.00 and set a “hold” rating on the stock in a research report on Friday, September 11th. Sanford C. Bernstein decreased their price objective on Adobe from $379.00 to $373.00 and set an “outperform” rating on the stock in a report on Friday, September 11th. Evercore set a $250.00 price objective on Adobe in a research report on Friday, September 11th. Finally, Bank of America increased their price objective on Adobe from $190.00 to $220.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 19th. Nine analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and seven have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $283.90.

Insider Buying and Selling

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

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe’s expanded AI relationship with NVIDIA is supporting expectations for faster creative workflows and broader adoption of AI-powered features across its Creative Cloud and enterprise products. The company has also announced AI-focused customer-experience partnerships with Heathrow Airport and BWT Alpine Formula One Team. Adobe Deepens AI Partnerships
• Positive Sentiment: The BWT Alpine agreement names Adobe the team’s Official AI Fan Experience Partner, providing a visible commercial use case for personalized digital experiences and potentially strengthening Adobe’s AI brand. Adobe and BWT Alpine Partnership
• Positive Sentiment: Investors are emphasizing Adobe’s relatively depressed valuation, recurring-revenue buildup and long-term value potential. Analysts also point to the expanding digital-signature market, where Adobe’s Acrobat and Document Cloud products are established participants. Adobe Deep Value Amid Continued ARR Buildup
• Neutral Sentiment: The rebound appears driven partly by sector positioning rather than a new earnings report: investors are selectively buying software companies that had been hurt by fears that generative AI could reduce demand for traditional applications. Adobe’s shares remain well below their 52-week high, leaving room for a valuation-driven recovery but also signaling unresolved concerns. Adobe and Software Stock Rebound
• Negative Sentiment: Risks remain from AI-native tools such as Claude and Gemini, which could challenge Adobe’s app-based model and pressure growth. The stock has also lagged the broader market over longer periods, so investors will likely need evidence that AI monetization can accelerate revenue and recurring annual revenue growth. Adobe App-less AI Competition

About Adobe

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.