Adobe Inc. $ADBE Shares Sold by Lbp Am Sa

Lbp Am Sa reduced its stake in Adobe Inc. (NASDAQ:ADBE) by 3.7% during the 4th quarter, Holdings Channel reports. The fund owned 143,357 shares of the software company’s stock after selling 5,524 shares during the quarter. Adobe makes up approximately 0.6% of Lbp Am Sa’s investment portfolio, making the stock its 29th biggest position. Lbp Am Sa’s holdings in Adobe were worth $50,174,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Riverbend Wealth Management LLC raised its stake in shares of Adobe by 1.8% in the third quarter. Riverbend Wealth Management LLC now owns 1,668 shares of the software company’s stock valued at $588,000 after acquiring an additional 29 shares in the last quarter. Beacon Financial Advisory LLC raised its stake in shares of Adobe by 5.5% in the third quarter. Beacon Financial Advisory LLC now owns 577 shares of the software company’s stock valued at $204,000 after acquiring an additional 30 shares in the last quarter. MCF Advisors LLC raised its stake in shares of Adobe by 20.8% in the third quarter. MCF Advisors LLC now owns 174 shares of the software company’s stock valued at $61,000 after acquiring an additional 30 shares in the last quarter. Orrstown Financial Services Inc. raised its stake in shares of Adobe by 1.2% in the third quarter. Orrstown Financial Services Inc. now owns 2,628 shares of the software company’s stock valued at $927,000 after acquiring an additional 31 shares in the last quarter. Finally, Brookwood Investment Group LLC raised its stake in shares of Adobe by 4.4% in the third quarter. Brookwood Investment Group LLC now owns 734 shares of the software company’s stock valued at $259,000 after acquiring an additional 31 shares in the last quarter. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe unveiled the Firefly AI Assistant — a conversational creative agent that can orchestrate tasks across Photoshop, Premiere Pro and other Creative Cloud apps, positioning Adobe to commercialize generative AI across its suite. Adobe releases AI assistant for creative tools, says it will work with Anthropic’s Claude
• Positive Sentiment: Adobe announced a connector to Anthropic’s Claude so Firefly capabilities will be available via Claude users — a strategic partnership that reduces friction vs. competing AI‑only entrants and may accelerate enterprise adoption. Adobe to Integrate New AI Assistant With Anthropic’s Claude
• Positive Sentiment: Product innovation continues: Adobe previewed new editing features (Premiere Pro Color Mode) and Firefly updates that reinforce its competitive moat in pro video/photo workflows — positive for retention and upsell in Creative Cloud. Adobe Premiere Color Mode First Look
• Neutral Sentiment: Adobe announced an investor session at Adobe Summit (Apr 21) where execs will outline strategy and product roadmaps — a near‑term event where management could provide additional details that move the stock. Adobe to Host Investor Session at Adobe Summit
• Neutral Sentiment: Partnerships and ecosystem integrations (e.g., Talon.One with Adobe Experience Platform) expand Adobe’s enterprise footprint but are incremental near‑term revenue drivers. Talon.One Releases Integration With Adobe Experience Platform
• Negative Sentiment: Anthropic is reportedly preparing its own AI design tool (websites, presentations) that would compete directly with Adobe and Figma — a potential long‑term competitive threat to Creative Cloud usage. Anthropic’s New Design Tool Rivals Adobe and Figma
• Negative Sentiment: Adobe issued an emergency patch for a PDF/Acrobat zero‑day that had been exploited — a reminder of security risk exposure; the quick fix limits downside but is a short‑term negative headline. Adobe rolls out emergency fix for Acrobat, Reader zero-day flaw
• Negative Sentiment: Competitive product moves (e.g., Blackmagic DaVinci Resolve adding photo editing capabilities) increase pressure on Adobe’s standalone creative products, particularly among price‑sensitive users. Blackmagic’s DaVinci Resolve 21 takes on Adobe Lightroom with a new Photo page

Adobe Stock Up 3.8%

Adobe stock opened at $244.66 on Thursday. Adobe Inc. has a 1-year low of $224.13 and a 1-year high of $422.95. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market cap of $98.89 billion, a PE ratio of 14.25, a P/E/G ratio of 0.92 and a beta of 1.52. The stock’s fifty day moving average is $254.34 and its two-hundred day moving average is $304.77.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, beating analysts’ consensus estimates of $5.87 by $0.19. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The company had revenue of $6.40 billion for the quarter, compared to analysts’ expectations of $6.28 billion. During the same period last year, the firm earned $5.08 earnings per share. Adobe’s quarterly revenue was up 12.0% on a year-over-year basis. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. On average, sell-side analysts expect that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Insider Activity at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total transaction of $485,323.10. Following the sale, the chief financial officer owned 41,995 shares in the company, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Oppenheimer restated a “market perform” rating on shares of Adobe in a research note on Friday, March 13th. Morgan Stanley cut their price target on Adobe from $425.00 to $365.00 and set an “equal weight” rating on the stock in a research note on Friday, March 13th. UBS Group cut their price target on Adobe from $340.00 to $290.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. BTIG Research assumed coverage on Adobe in a research note on Monday. They issued a “neutral” rating on the stock. Finally, Wall Street Zen upgraded Adobe from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fifteen have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, Adobe currently has an average rating of “Hold” and a consensus target price of $343.88.

About Adobe

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.