Czech National Bank Grows Position in Adobe Inc. $ADBE

Posted by Francis Steltz on Aug 8th, 2026

Czech National Bank boosted its holdings in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 2.9% during the 2nd quarter, Holdings Channel reports. The fund owned 115,051 shares of the software company’s stock after buying an additional 3,253 shares during the period. Czech National Bank’s holdings in Adobe were worth $23,588,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ADBE. Western Pacific Wealth Management LP purchased a new stake in shares of Adobe in the 4th quarter worth approximately $26,000. Measured Wealth Private Client Group LLC bought a new position in shares of Adobe during the third quarter valued at approximately $26,000. TrustBank purchased a new position in Adobe during the fourth quarter valued at approximately $28,000. Lloyd Advisory Services LLC. bought a new position in Adobe in the fourth quarter worth approximately $31,000. Finally, Sankala Group LLC bought a new position in Adobe in the fourth quarter worth approximately $31,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Insider Activity

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

More Adobe News

Here are the key news stories impacting Adobe this week:

Positive Sentiment: Adobe launched a unified ChatGPT plug-in that brings more than 70 creative and productivity tools—including Photoshop, Lightroom, Acrobat, image, video and PDF capabilities—directly into OpenAI’s chatbot. The integration could make Adobe’s products easier to access, expand usage and position the company as an AI enabler rather than an AI casualty. Adobe Debuts ChatGPT App Featuring All Its Programs
Positive Sentiment: Recent coverage highlights Adobe’s valuation after its sharp sell-off. The company is still producing double-digit revenue growth, stable margins and substantial free cash flow, while its latest quarterly results exceeded earnings and revenue expectations. A recovery in investor sentiment or a valuation re-rating could provide significant upside. Buy the Dip or Run: 3 Software Stocks Down 50% Face Their Moment of Truth
Positive Sentiment: Zacks characterized ADBE as both a long-term growth candidate and a strong value stock, reflecting its depressed valuation relative to historical levels and continuing earnings potential. Why Adobe Systems Is a Top Growth Stock for the Long-Term
Neutral Sentiment: Akamai’s strong cloud and security results offer an indirect positive signal because Adobe is among its customers, but the report does not provide new information about Adobe’s financial performance. Akamai Beats Quarterly Estimates on Cloud Infrastructure Demand
Negative Sentiment: Adobe remains one of the software companies targeted by AI-disruption concerns. AI-native competitors could pressure pricing, customer retention and growth, and promotional commentary warns of insider selling, talent departures and business-model changes. These claims are not confirmed in the supplied reporting, but they underscore the key risk investors are monitoring. These Are the Four Signs a Company Is About to Be Destroyed by AI

Adobe Stock Performance

Shares of ADBE stock opened at $265.21 on Friday. The business’s fifty day simple moving average is $228.08 and its 200-day simple moving average is $247.10. The company has a market cap of $105.42 billion, a PE ratio of 15.17, a PEG ratio of 0.88 and a beta of 1.40. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. Adobe Inc. has a 12-month low of $190.12 and a 12-month high of $370.86.

Adobe (NASDAQ:ADBE – Get Free Report) last posted its quarterly earnings data on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, topping analysts’ consensus estimates of $5.82 by $0.14. Adobe had a return on equity of 65.11% and a net margin of 28.69%.The firm had revenue of $6.62 billion during the quarter, compared to analysts’ expectations of $6.45 billion. During the same quarter last year, the firm earned $5.06 EPS. The business’s quarterly revenue was up 12.7% on a year-over-year basis. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. Analysts expect that Adobe Inc. will post 19.81 earnings per share for the current fiscal year.

Adobe announced that its board has approved a stock buyback program on Tuesday, April 21st that authorizes the company to buyback $25.00 billion in shares. This buyback authorization authorizes the software company to purchase up to 24.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ADBE. Citigroup reaffirmed a “market perform” rating on shares of Adobe in a research report on Friday, June 12th. Stifel Nicolaus restated a “hold” rating and set a $200.00 price objective (down from $350.00) on shares of Adobe in a research note on Friday, June 12th. HSBC raised Adobe from a “hold” rating to a “buy” rating and raised their price objective for the company from $282.00 to $308.00 in a research report on Thursday, July 2nd. UBS Group lowered Adobe from a “buy” rating to an “equal weight” rating in a research note on Tuesday, July 21st. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Adobe in a report on Wednesday, June 3rd. Seven equities research analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and six have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $271.30.

Check Out Our Latest Analysis on ADBE

Adobe Company 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.