Churchill Financial Advisors LLC Invests $2.02 Million in Adobe Inc. $ADBE

Posted by Geri Gentry on May 25th, 2026

Churchill Financial Advisors LLC acquired a new position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) in the 4th quarter, Holdings Channel reports. The fund acquired 5,768 shares of the software company’s stock, valued at approximately $2,019,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new stake in Adobe in the 3rd quarter worth approximately $26,000. Western Pacific Wealth Management LP bought a new stake in Adobe in the 4th quarter worth approximately $26,000. Caitlin John LLC bought a new stake in Adobe in the 3rd quarter worth approximately $28,000. Beacon Financial Strategies CORP bought a new stake in Adobe in the 4th quarter worth approximately $28,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in Adobe in the 3rd quarter worth approximately $27,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Adobe Stock Performance

Shares of ADBE stock opened at $244.76 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 0.91. Adobe Inc. has a fifty-two week low of $224.13 and a fifty-two week high of $421.48. The stock has a 50 day moving average price of $245.05 and a two-hundred day moving average price of $287.11. The company has a market capitalization of $98.93 billion, a P/E ratio of 14.26, a PEG ratio of 0.95 and a beta of 1.42.

Adobe (NASDAQ:ADBE – Get Free Report) last announced its quarterly earnings data on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, beating the consensus estimate of $5.87 by $0.19. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The firm had revenue of $6.40 billion during the quarter, compared to the consensus estimate of $6.28 billion. During the same quarter in the previous year, the company posted $5.08 earnings per share. The business’s 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. Analysts expect that Adobe Inc. will post 19.14 earnings per share for the current year.

Adobe declared that its board has initiated a stock buyback plan on Tuesday, April 21st that allows the company to buyback $25.00 billion in outstanding shares. This buyback authorization allows the software company to repurchase up to 24.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Adobe

In other news, CAO Jillian Forusz sold 755 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $246.25, for a total transaction of $185,918.75. Following the transaction, the chief accounting officer directly owned 3,521 shares of the company’s stock, valued at approximately $867,046.25. The trade was a 17.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Shantanu Narayen sold 75,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $243.54, for a total value of $18,265,500.00. Following the transaction, the chief executive officer directly owned 359,538 shares in the company, valued at $87,561,884.52. This trade represents a 17.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 77,091 shares of company stock worth $18,782,773. 0.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on ADBE shares. Morgan Stanley dropped their target price on Adobe from $425.00 to $365.00 and set an “equal weight” rating for the company in a research report on Friday, March 13th. HSBC set a $302.00 target price on Adobe in a research report on Friday, February 13th. JPMorgan Chase & Co. dropped their target price on Adobe from $520.00 to $420.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. DA Davidson set a $300.00 target price on Adobe in a research report on Friday, March 13th. Finally, BTIG Research started coverage on Adobe in a research report on Monday, April 13th. They issued a “neutral” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seventeen have given a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $338.15.

Read Our Latest Research Report on Adobe

More Adobe News

Here are the key news stories impacting Adobe this week:

Positive Sentiment: Adobe is getting fresh buzz from its deeper integration with Google Gemini, including the ability for users to access Photoshop and Premiere Pro tools inside the AI assistant. That could expand Adobe’s reach and strengthen demand for its creative software. Article Title
Positive Sentiment: Articles highlighting Adobe’s Digital Experience business say the company is well positioned to benefit from the digital content boom, with Experience Cloud and AI tools like Firefly and Sensei serving demand in ads and e-commerce. Article Title
Positive Sentiment: Some market commentary argues Adobe looks inexpensive relative to its growth outlook after the broad software selloff, which may be attracting value-oriented investors. Article Title
Neutral Sentiment: Additional coverage says Adobe is using agentic AI to defend its software moat, reinforcing the view that management is leaning into AI to support its competitive position. Article Title
Negative Sentiment: One market recap noted Adobe stock fell in the latest session while the broader market advanced, underscoring continued volatility and investor caution around the name. Article Title
Negative Sentiment: Governance-related headlines are also adding a small overhang, with renewed attention on trading activity tied to Adobe shares amid existing shareholder litigation. Article Title

About Adobe

(Free Report)

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.