426,631 Shares in Adobe Inc. $ADBE Purchased by Corient Private Wealth LP

Posted by Francis Steltz on Aug 28th, 2026

Corient Private Wealth LP purchased a new stake in Adobe Inc. (NASDAQ:ADBE – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 426,631 shares of the software company’s stock, valued at approximately $46,666,000. Corient Private Wealth LP owned approximately 0.11% of Adobe as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Brighton Jones LLC increased its stake 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 acquiring an additional 167 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings 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 worth $926,000 after purchasing an additional 486 shares in the last quarter. United Bank increased its position in shares of Adobe by 12.8% during the 2nd quarter. United Bank now owns 3,773 shares of the software company’s stock valued at $1,460,000 after purchasing an additional 428 shares during the last quarter. Schnieders Capital Management LLC. increased its position in shares of Adobe by 7.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,630 shares of the software company’s stock valued at $1,017,000 after purchasing an additional 190 shares during the last quarter. Finally, Gamco Investors INC. ET AL lifted its position in Adobe by 190.6% in the 2nd quarter. Gamco Investors INC. ET AL now owns 2,764 shares of the software company’s stock worth $1,069,000 after buying an additional 1,813 shares during the last quarter. Institutional investors own 81.79% of the company’s stock.

Adobe Price Performance

Shares of Adobe stock opened at $289.15 on Friday. The company’s fifty day simple moving average is $238.75 and its two-hundred day simple moving average is $244.82. Adobe Inc. has a 12-month low of $190.12 and a 12-month high of $370.86. The firm has a market cap of $114.94 billion, a PE ratio of 16.54, a price-to-earnings-growth ratio of 0.92 and a beta of 1.40. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.42.

Adobe (NASDAQ:ADBE – Get Free Report) last issued its quarterly earnings data 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 the consensus estimate of $6.45 billion. Adobe had a net margin of 28.69% and a return on equity of 65.11%. The company’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.06 earnings per share. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. As a group, equities analysts expect that Adobe Inc. will post 19.81 EPS for the current year.

Insider Buying and Selling

In other news, CAO Jillian Forusz sold 416 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total transaction of $109,961.28. Following the transaction, the chief accounting officer directly owned 3,824 shares of the company’s stock, valued at approximately $1,010,797.92. The trade was a 9.81% 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, Director David A. Ricks bought 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were acquired at an average price of $194.51 per share, with a total value of $1,945,100.00. Following the acquisition, the director owned 17,655 shares of the company’s stock, valued at $3,434,074.05. This represents a 130.63% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.20% of the stock is currently owned by company insiders.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

Positive Sentiment: Adobe benefited from a broader enterprise-software rally after Salesforce reported better-than-expected results, raised its outlook and announced an Anthropic partnership. The read-through eased concerns about AI disruption and improved sentiment toward Adobe’s AI strategy. Why Is Adobe Stock Surging on Thursday?
Positive Sentiment: Adobe’s AI-first annual recurring revenue reportedly more than tripled to above $500 million, supported by Firefly, Acrobat AI and enterprise tools. The growth suggests AI is adding subscription and usage revenue rather than only threatening Adobe’s core products. AI Monetization Boosts ADBE’s Growth Prospects Against MSFT & CRM
Positive Sentiment: Adobe expanded its partnership with Stagwell to combine data intelligence, creative transformation and AI capabilities in enterprise marketing. The arrangement could help Adobe win and retain larger business customers. Stagwell Expands Strategic Partnership with Adobe
Positive Sentiment: Photoshop is adding an optional AI Assisted Editor that enables prompt-based image editing, reinforcing Adobe’s effort to make generative AI practical within its flagship applications. Adobe Photoshop adds AI Assisted Editor
Neutral Sentiment: Adobe’s incubator is showcasing projects focused on full-service AI, while new education initiatives will provide free Photoshop, Firefly and Express access to millions of students and teachers. These efforts may expand future adoption, but the near-term revenue impact is unclear. Adobe Incubator Projects
Negative Sentiment: Earlier concerns that cautious Intuit guidance could signal broader AI disruption had pressured Adobe and other software stocks. However, Salesforce’s results appear to have reduced those immediate sector concerns. Intuit AI Disruption Concerns

Analyst Ratings Changes

ADBE has been the subject of several research reports. JPMorgan Chase & Co. cut their target price on Adobe from $420.00 to $340.00 and set an “overweight” rating for the company in a research note on Friday, June 12th. The Goldman Sachs Group lowered their price objective on shares of Adobe from $220.00 to $190.00 and set a “sell” rating for the company in a report on Friday, June 12th. Stifel Nicolaus reaffirmed a “hold” rating and set a $200.00 target price (down from $350.00) on shares of Adobe in a report on Friday, June 12th. Phillip Securities cut shares of Adobe from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, CLSA assumed coverage on shares of Adobe in a research note on Monday, July 20th. They issued an “outperform” rating and a $300.00 price target for the company. Seven investment analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $270.96.

View Our Latest Analysis on Adobe

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.