Hilltop Holdings Inc. Sells 3,274 Shares of Adobe Inc. $ADBE

Posted by Brenda Bartman on Jul 27th, 2026

Hilltop Holdings Inc. decreased its position in Adobe Inc. (NASDAQ:ADBE – Free Report) by 50.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,195 shares of the software company’s stock after selling 3,274 shares during the period. Hilltop Holdings Inc.’s holdings in Adobe were worth $777,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Western Pacific Wealth Management LP bought a new stake in shares of Adobe in the fourth quarter worth about $26,000. Measured Wealth Private Client Group LLC bought a new position in shares of Adobe during the 3rd quarter valued at about $26,000. Marquette Asset Management LLC lifted its holdings in shares of Adobe by 72.3% during the 4th quarter. Marquette Asset Management LLC now owns 81 shares of the software company’s stock valued at $28,000 after purchasing an additional 34 shares in the last quarter. TrustBank acquired a new position in shares of Adobe in the 4th quarter valued at approximately $28,000. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Adobe in the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 81.79% of the company’s stock.

Insider Activity

In related news, CAO Jillian Forusz sold 755 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $246.25, for a total value of $185,918.75. Following the completion of the transaction, the chief accounting officer directly owned 3,521 shares of the company’s stock, valued at approximately $867,046.25. This trade represents a 17.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David A. Ricks bought 10,000 shares of the stock in a transaction that occurred on Thursday, June 25th. The shares were purchased at an average price of $194.51 per share, for a total transaction of $1,945,100.00. Following the completion of the acquisition, the director owned 17,655 shares of the company’s stock, valued at $3,434,074.05. The trade was a 130.63% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.20% of the stock is currently owned by insiders.

Adobe Price Performance

NASDAQ:ADBE opened at $225.11 on Monday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.75 and a current ratio of 0.75. The stock’s 50-day simple moving average is $226.78 and its 200 day simple moving average is $251.28. The company has a market cap of $89.48 billion, a P/E ratio of 12.88, a P/E/G ratio of 0.76 and a beta of 1.43. Adobe Inc. has a 52-week low of $190.12 and a 52-week high of $376.16.

Adobe (NASDAQ:ADBE – Get Free Report) last issued its quarterly earnings results 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 analysts’ expectations of $6.45 billion. Adobe had a return on equity of 65.11% and a net margin of 28.69%.The business’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, sell-side analysts forecast that Adobe Inc. will post 19.81 EPS for the current fiscal year.

Adobe announced that its Board of Directors has initiated a stock buyback plan on Tuesday, April 21st that permits the company to repurchase $25.00 billion in shares. This repurchase authorization permits the software company to purchase up to 24.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

A number of research firms recently issued reports on ADBE. Evercore set a $225.00 target price on Adobe and gave the stock an “in-line” rating in a research note on Friday, June 12th. HSBC upgraded shares of Adobe from a “hold” rating to a “buy” rating and upped their price target for the company from $282.00 to $308.00 in a report on Thursday, July 2nd. TD Cowen dropped their price objective on shares of Adobe from $310.00 to $285.00 and set a “hold” rating on the stock in a report on Monday, June 8th. Phillip Securities cut shares of Adobe from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, DA Davidson reduced their target price on shares of Adobe from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Friday, June 12th. Seven analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, Adobe presently has an average rating of “Hold” and an average target price of $271.30.

Read Our Latest Research Report on ADBE

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

Positive Sentiment: TipRanks said Adobe looks attractive despite ongoing AI adoption worries, suggesting investors may be focusing on valuation and long-term fundamentals rather than short-term AI fears. Adobe (ADBE) Stock Looks Attractive Even as AI Worries Persist
Positive Sentiment: CLSA reportedly initiated or reiterated a Moderate Buy rating on Adobe, which can support sentiment by signaling analyst confidence in the stock’s outlook. Adobe (NASDAQ:ADBE) Earns Moderate Buy Rating from Analysts at CLSA
Positive Sentiment: Recent coverage highlighted Adobe as a trending stock, which may reflect renewed investor attention and interest ahead of future catalysts. Here is What to Know Beyond Why Adobe Inc. (ADBE) is a Trending Stock
Neutral Sentiment: One report said short interest in Adobe was unchanged at zero shares, so it does not indicate meaningful bearish pressure or a change in trading sentiment.
Neutral Sentiment: A MarketWatch note said Adobe underperformed some peers on Wednesday, but this looks like a relative-performance observation rather than a major company-specific catalyst. Adobe Inc. stock underperforms Wednesday when compared to competitors
Negative Sentiment: The main headwind remains investor concern about AI adoption, which could be weighing on Adobe’s near-term multiple even as some analysts argue the stock looks attractive.

Adobe Profile

(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.