Maxi Investments CY Ltd Boosts Stock Holdings in Adobe Inc. $ADBE

Maxi Investments CY Ltd increased its position in shares of Adobe Inc. (NASDAQ:ADBE) by 285.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,800 shares of the software company’s stock after buying an additional 15,400 shares during the period. Adobe accounts for 0.6% of Maxi Investments CY Ltd’s holdings, making the stock its 13th biggest position. Maxi Investments CY Ltd’s holdings in Adobe were worth $7,337,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in Adobe by 2.1% in the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock worth $3,588,000 after purchasing an additional 167 shares during the period. Sivia Capital Partners LLC grew its holdings in Adobe by 25.5% in the second quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock valued at $926,000 after purchasing an additional 486 shares during the period. United Bank increased its position in shares of Adobe by 12.8% in the second quarter. United Bank now owns 3,773 shares of the software company’s stock valued at $1,460,000 after buying an additional 428 shares in the last quarter. Schnieders Capital Management LLC. increased its position in shares of Adobe by 7.8% in the second quarter. Schnieders Capital Management LLC. now owns 2,630 shares of the software company’s stock valued at $1,017,000 after buying an additional 190 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Adobe by 3.9% during the 2nd quarter. Cetera Investment Advisers now owns 106,607 shares of the software company’s stock worth $41,244,000 after buying an additional 3,980 shares during the period. Institutional investors and hedge funds own 81.79% of the company’s stock.

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,646 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the transaction, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at $12,382,225.75. This trade represents a 3.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.20% of the stock is owned by company insiders.

Adobe Price Performance

Adobe stock opened at $251.86 on Tuesday. The company has a fifty day simple moving average of $282.29 and a 200-day simple moving average of $322.04. The firm has a market capitalization of $103.39 billion, a price-to-earnings ratio of 14.67, a PEG ratio of 0.98 and a beta of 1.53. The company has a quick ratio of 1.00, a current ratio of 0.91 and a debt-to-equity ratio of 0.47. Adobe Inc. has a 52-week low of $244.28 and a 52-week high of $422.95.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, topping the consensus estimate of $5.87 by $0.19. The firm had revenue of $6.40 billion for the quarter, compared to the consensus estimate of $6.28 billion. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period last year, the firm posted $5.08 earnings per share. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. On average, equities analysts anticipate that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. BMO Capital Markets decreased their target price on Adobe from $375.00 to $285.00 and set a “market perform” rating on the stock in a research report on Friday. Mizuho cut their price target on shares of Adobe from $340.00 to $315.00 and set an “outperform” rating for the company in a report on Friday. JPMorgan Chase & Co. reduced their price objective on shares of Adobe from $520.00 to $420.00 and set an “overweight” rating for the company in a research report on Friday. Barclays downgraded shares of Adobe from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $335.00 to $275.00 in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Adobe in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $346.42.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe announced a strategic partnership with NVIDIA to accelerate the next generation of Firefly models, agentic workflows and cloud‑native creative/marketing tools — this boosts Adobe’s access to accelerated compute and Nvidia’s model/tooling ecosystem, strengthening its AI roadmap and product moat. Adobe and NVIDIA partnership
• Positive Sentiment: Unusually large call‑option buying (roughly 69.6k calls) indicates some investors are positioning for an upside move or event‑driven recovery, a bullish signal from derivatives markets.
• Neutral Sentiment: CEO transition: long‑time CEO Shantanu Narayen plans to step down but will remain board chair during a phased exit — this introduces succession risk and uncertainty but may be orderly if the handoff is managed. CEO succession coverage
• Neutral Sentiment: Fundamentals remain solid: Adobe posted a clean Q1 beat (revenue and EPS ahead, strong ARR and cash flow) and set FY guidance — supportive longer‑term but currently overshadowed by near‑term risk factors.
• Negative Sentiment: Legal/regulatory hit — Adobe agreed to a $150M settlement with the DOJ over subscription cancellation disclosures, creating a direct cash cost and reputational/legal risk. DOJ settlement
• Negative Sentiment: San Jose settlement: the company faces a $75M fine plus $75M in free services to customers over alleged subscription practices — additional financial and PR headwind at the local level. San Jose settlement
• Negative Sentiment: Analyst pressure: multiple firms have trimmed price targets and ratings, reflecting increased uncertainty around growth/valuation amid leadership changes — this can amplify selling.
• Negative Sentiment: Rising bearish interest: reported growth in short interest (recent increase noted) and sector skepticism about which software names will win in an AI‑driven market add downside risk. Short interest report

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.