Crossmark Global Holdings Inc. boosted its position in Adobe Inc. (NASDAQ:ADBE – Free Report) by 2.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 99,264 shares of the software company’s stock after acquiring an additional 2,837 shares during the period. Crossmark Global Holdings Inc.’s holdings in Adobe were worth $23,817,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in ADBE. BlackRock Inc. acquired a new position in shares of Adobe during the second quarter worth approximately $8,437,821,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Adobe by 9.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 6,792,275 shares of the software company’s stock worth $1,651,066,000 after purchasing an additional 563,772 shares in the last quarter. Amundi lifted its holdings in shares of Adobe by 11.0% in the 2nd quarter. Amundi now owns 5,242,464 shares of the software company’s stock worth $1,074,810,000 after purchasing an additional 518,362 shares in the last quarter. Primecap Management Co. CA acquired a new stake in Adobe in the 2nd quarter valued at $1,071,668,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Adobe by 0.4% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,045,547 shares of the software company’s stock valued at $1,034,438,000 after purchasing an additional 18,995 shares during the period. Institutional investors and hedge funds own 81.79% of the company’s stock.
Insider Activity at Adobe
In other Adobe news, CEO Shantanu Narayen sold 74,500 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $251.56, for a total value of $18,741,220.00. Following the completion of the transaction, the chief executive officer owned 289,224 shares in the company, valued at $72,757,189.44. This represents a 20.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Jillian Forusz sold 416 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total value of $109,961.28. Following the sale, the chief accounting officer directly owned 3,824 shares of the company’s stock, valued at approximately $1,010,797.92. This represents a 9.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 125,416 shares of company stock valued at $31,454,466. 0.20% of the stock is currently owned by corporate insiders.
Adobe News Roundup
Here are the key news stories impacting Adobe this week:
- Positive Sentiment: Adobe’s expanded partnership with NVIDIA adds next-generation GPU acceleration and AI features to its creative applications, potentially improving content-creation workflows and strengthening Adobe’s enterprise AI offering. The company is also working with Heathrow Airport on AI-powered customer-experience initiatives. Adobe Deepens AI Partnerships Across Creative and Customer Experience Tools
- Positive Sentiment: The digital-signature market is forecast to grow from $17.68 billion in 2026 to $66.26 billion by 2031. Adobe’s Acrobat and document-cloud products could benefit from rising demand tied to remote work, fraud prevention and data-privacy compliance, although the report also identifies high setup costs and interoperability as constraints. Digital Signature Market Forecast to 2031
- Positive Sentiment: Some valuation-focused analysts view Adobe as a long-term value opportunity. Recent earnings also showed resilience, with earnings exceeding estimates and revenue growing year over year, while the company maintained fiscal-year earnings guidance. Why Adobe Is a Top Value Stock for the Long Term
- Neutral Sentiment: Adobe is receiving increased investor attention following its quarterly results, with market participants focused on AI monetization, future growth and whether the company’s relatively low valuation adequately reflects those risks and opportunities. Adobe Buy, Sell, or Hold Post Q3 Earnings
- Neutral Sentiment: Adobe gained support in broader software trading as Salesforce retreated after announcing its major Braze acquisition, though this relative strength does not address Adobe’s own growth concerns. Salesforce Retreats After Braze Deal
- Negative Sentiment: Wells Fargo downgraded Adobe from Overweight to Underweight, adding direct analyst pressure and reinforcing concerns about slowing growth and competitive risks. Wells Fargo Downgrades Adobe
- Negative Sentiment: Commentary continues to question whether generative AI will weaken Adobe’s pricing power or make creative tools easier to replace. Adobe is identified as one of the software companies facing the most difficult structural questions as AI spending expands. The AI Buildout Is Only 15% Complete
Adobe Stock Performance
NASDAQ ADBE opened at $255.06 on Thursday. The company has a fifty day moving average price of $255.84 and a 200-day moving average price of $243.20. The firm has a market cap of $99.27 billion, a price-to-earnings ratio of 13.72, a PEG ratio of 0.90 and a beta of 1.42. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.77. Adobe Inc. has a 1 year low of $190.12 and a 1 year high of $363.70.
Adobe (NASDAQ:ADBE – Get Free Report) last released its quarterly earnings results on Thursday, September 10th. The software company reported $6.13 earnings per share for the quarter, beating analysts’ consensus estimates of $6.08 by $0.05. Adobe had a net margin of 28.05% and a return on equity of 65.65%. The company had revenue of $6.76 billion for the quarter, compared to analyst estimates of $6.69 billion. During the same period last year, the firm earned $5.31 earnings per share. The firm’s revenue was up 12.9% on a year-over-year basis. 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, equities research analysts predict that Adobe Inc. will post 20.01 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of analysts have commented on ADBE shares. Barclays boosted their price target on shares of Adobe from $250.00 to $295.00 and gave the company an “equal weight” rating in a research note on Thursday, September 3rd. UBS Group raised their price objective on shares of Adobe from $225.00 to $255.00 and gave the company a “neutral” rating in a research note on Friday, September 11th. TD Cowen reaffirmed a “hold” rating and issued a $245.00 price objective on shares of Adobe in a research note on Wednesday, September 9th. Evercore set a $250.00 price objective on shares of Adobe 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 research report on Tuesday, September 1st. Nine analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and seven have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $283.90.
Read Our Latest Stock Report on ADBE
About Adobe
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.
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