Adobe Inc. $ADBE Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 6.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 785,827 shares of the software company’s stock after selling 51,462 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Adobe were worth $277,200,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of Adobe in the second quarter worth $2,029,950,000. Franklin Resources Inc. increased its position in Adobe by 68.9% during the 2nd quarter. Franklin Resources Inc. now owns 1,939,018 shares of the software company’s stock worth $750,168,000 after purchasing an additional 791,077 shares in the last quarter. Acadian Asset Management LLC raised its stake in Adobe by 218.5% in the 2nd quarter. Acadian Asset Management LLC now owns 1,073,899 shares of the software company’s stock valued at $415,434,000 after purchasing an additional 736,682 shares during the last quarter. Invesco Ltd. lifted its holdings in Adobe by 16.1% in the 2nd quarter. Invesco Ltd. now owns 4,407,162 shares of the software company’s stock valued at $1,705,043,000 after purchasing an additional 610,215 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Adobe by 17.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,664,151 shares of the software company’s stock valued at $1,417,587,000 after purchasing an additional 548,903 shares in the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Adobe Stock Down 1.9%

ADBE opened at $290.37 on Wednesday. Adobe Inc. has a 1 year low of $288.33 and a 1 year high of $465.70. The firm has a 50 day moving average price of $333.24 and a 200 day moving average price of $345.73. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $119.20 billion, a PE ratio of 17.38, a price-to-earnings-growth ratio of 1.17 and a beta of 1.53.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.40 by $0.10. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The company had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the previous year, the firm earned $4.81 earnings per share. Adobe’s revenue for the quarter was up 10.5% on a year-over-year basis. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Sell-side analysts expect that Adobe Inc. will post 16.65 earnings per share for the current year.

Insider Transactions at Adobe

In other Adobe news, CAO Jillian Forusz sold 149 shares of the firm’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $337.88, for a total value of $50,344.12. Following the transaction, the chief accounting officer directly owned 3,426 shares of the company’s stock, valued at $1,157,576.88. This trade represents a 4.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe added new AI tools to Premiere Pro and After Effects and updated Firefly, expanding content-generation and workflow automation that should strengthen its creative-suite moat. Adobe adds AI tools to Premiere, After Effects and updates to Firefly
• Positive Sentiment: Major Premiere and After Effects updates aim to streamline advanced video-editing workflows with new tools and AI — a direct product improvement that can drive subscription retention and upsells in Creative Cloud. Major Adobe Premiere and After Effects update streamlines advanced video editing workflows with new tools and AI
• Positive Sentiment: Adobe unveiled AI-powered video-editing features for Premiere (automation, generative assists) that reinforce product differentiation versus competitors and support future revenue growth from pro video users. Adobe unveils new AI-powered video editing tools for Premiere
• Positive Sentiment: Adobe pledged $10 million to a film & TV fund and formed a content partnership with creator Amelia Dimoldenberg — a strategic move to grow content partnerships and real-world demand for Adobe tools. Adobe Pledges $10 Million to Film and TV Fund, Partners With Amelia Dimoldenberg
• Neutral Sentiment: Some analysts and outlets frame the sell-off as a buying opportunity, calling ADBE a “huge AI bargain” after the drop — highlights valuation upside but reflects differing views on AI risk. Adobe Stock Looks Like a Huge AI Bargain After a Nosedive. Should You Buy?
• Neutral Sentiment: Coverage questioning whether AI has “killed” Adobe highlights structural risk to pricing models and growth assumptions, but also notes potential recovery paths and continued analyst support. Has AI Killed Adobe For Good?
• Negative Sentiment: Headline flow shows the stock trading lower for multiple sessions, signaling short-term momentum pressure and trader-driven selling that can amplify moves independent of fundamentals. Adobe trades in red for the seventh straight session
• Negative Sentiment: Coverage noting ADBE “plummets into deep-value territory” emphasizes the magnitude of the decline and may reinforce bearish sentiment among momentum traders. Adobe Stock (ADBE) Plummets Into Deep-Value Territory
• Negative Sentiment: Consumer-focused pieces suggesting alternatives to Acrobat for PDF editing point to competitive and pricing pressure in lower-end workflows that could modestly affect Acrobat subscription growth over time. Ditch Adobe Acrobat’s monthly fee for a PDF editor you own for life

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ADBE. Citigroup upped their price objective on shares of Adobe from $366.00 to $387.00 and gave the company a “neutral” rating in a research note on Wednesday, December 17th. Wall Street Zen cut Adobe from a “buy” rating to a “hold” rating in a report on Saturday. Morgan Stanley dropped their target price on Adobe from $450.00 to $425.00 and set an “equal weight” rating for the company in a research note on Thursday, December 11th. BMO Capital Markets downgraded Adobe from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $400.00 to $375.00 in a research report on Friday, January 9th. Finally, TD Cowen cut their price objective on shares of Adobe from $420.00 to $400.00 and set a “hold” rating on the stock in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $402.85.

Adobe Company Profile

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.