10,180 Shares in Adobe Inc. $ADBE Bought by First Nebraska Trust Co

Posted by Brian Himes on Nov 4th, 2026

First Nebraska Trust Co purchased a new position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 10,180 shares of the software company’s stock, valued at approximately $2,442,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Evergreen Private Wealth LLC boosted its position in Adobe by 9.7% during the third quarter. Evergreen Private Wealth LLC now owns 26,544 shares of the software company’s stock worth $6,369,000 after purchasing an additional 2,347 shares in the last quarter. Factory Mutual Insurance Co. acquired a new stake in Adobe in the third quarter valued at $216,000. Aware Super Pty Ltd as trustee of Aware Super increased its position in shares of Adobe by 1.5% in the third quarter. Aware Super Pty Ltd as trustee of Aware Super now owns 185,043 shares of the software company’s stock valued at $44,399,000 after buying an additional 2,720 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management increased its position in shares of Adobe by 47.7% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 2,884 shares of the software company’s stock valued at $692,000 after buying an additional 932 shares in the last quarter. Finally, Greenfield Seitz Capital Management LLC increased its position in shares of Adobe by 14.9% in the third quarter. Greenfield Seitz Capital Management LLC now owns 18,598 shares of the software company’s stock valued at $4,462,000 after buying an additional 2,405 shares in the last quarter. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Shantanu Narayen sold 74,500 shares of the stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $251.56, for a total transaction of $18,741,220.00. Following the transaction, the chief executive officer directly owned 289,224 shares in the company, valued at approximately $72,757,189.44. This represents a 20.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.20% of the company’s stock.

More Adobe News

Here are the key news stories impacting Adobe this week:

Positive Sentiment: Adobe is bringing licensed music from Universal Music Group and Warner Music Group to Premiere mobile. The added music catalog could make the video-editing app more useful and attractive to creators, though the reports did not describe a financial contribution. Forbes article on Adobe’s music deals
Neutral Sentiment: Analyst views remain split: some see potential in Adobe’s freemium offerings and AI, while others are wary of softer annual recurring revenue (ARR) trends and competition. A compiled fair-value estimate was trimmed from $275.06 to $268.30, suggesting somewhat less estimated upside. Analyst views on Adobe fair value
Negative Sentiment: Investors may be concerned that AI could challenge Adobe’s competitive edge, as new AI tools and software alternatives raise questions about the durability of its business and pricing power. This concern adds to pressure from competition and softer ARR trends. Article on AI and Adobe’s competitive edge

Adobe Stock Down 2.1%

Shares of NASDAQ ADBE opened at $246.14 on Wednesday. The firm has a market cap of $95.80 billion, a P/E ratio of 13.74, a price-to-earnings-growth ratio of 0.88 and a beta of 1.37. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.77 and a current ratio of 0.77. Adobe Inc. has a 1 year low of $190.12 and a 1 year high of $362.71. The firm’s 50 day moving average price is $253.29 and its 200 day moving average price is $250.40.

Adobe (NASDAQ:ADBE – Get Free Report) last issued its quarterly earnings results on Thursday, September 10th. The software company reported $6.13 earnings per share for the quarter, topping analysts’ consensus estimates of $6.08 by $0.05. Adobe had a return on equity of 65.65% and a net margin of 28.05%. The company had revenue of $6.76 billion for the quarter, compared to analyst estimates of $6.69 billion. During the same quarter in the prior year, the company posted $5.31 EPS. The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. As a group, sell-side analysts anticipate that Adobe Inc. will post 20.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on ADBE. Bank of America lifted their price target on Adobe from $190.00 to $220.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 19th. Royal Bank Of Canada reissued an “outperform” rating and issued a $315.00 price objective on shares of Adobe in a research note on Friday, September 11th. Piper Sandler lifted their target price on shares of Adobe from $240.00 to $250.00 and gave the stock a “neutral” rating in a research report on Friday, September 11th. Sanford C. Bernstein reduced their price target on shares of Adobe from $379.00 to $373.00 and set an “outperform” rating on the stock in a report on Friday, September 11th. Finally, Weiss Ratings raised shares of Adobe from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, September 1st. Nine analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat, Adobe currently has an average rating of “Hold” and a consensus target price of $283.90.

Read Our Latest Stock Analysis on Adobe

Adobe Company Profile

(Free Report)

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.