Investment Research Partners LLC Takes $929,000 Position in Adobe Inc. $ADBE

Investment Research Partners LLC acquired a new stake in shares of Adobe Inc. (NASDAQ:ADBE) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,750 shares of the software company’s stock, valued at approximately $929,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ADBE. Brighton Jones LLC lifted 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 valued at $3,588,000 after purchasing an additional 167 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Adobe by 25.5% during the second quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock worth $926,000 after buying an additional 486 shares in the last quarter. United Bank raised 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 during the last quarter. Schnieders Capital Management LLC. raised 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 during the last quarter. Finally, LSV Asset Management lifted its stake in shares of Adobe by 350.0% during the second quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after buying an additional 56 shares during the period. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Record Q1 and AI momentum — Adobe reported a beat for fiscal Q1 with accelerating AI‑first ARR and subscription strength, supporting the company’s longer‑term growth thesis and underpinning the bull case. AI Integration and Capabilities Power Adobe Inc. (ADBE) to Record First Quarter
• Positive Sentiment: Strategic NVIDIA tie‑up — A partnership to co‑develop next‑gen Firefly models and agentic workflows strengthens Adobe’s AI product roadmap and cloud compute capabilities, a clear positive for product moat and future monetization. Adobe Taps Nvidia AI Muscle To Revolutionize Marketing, Creative Pipelines
• Neutral Sentiment: Unusual options and short‑interest chatter — Elevated options activity and reported increases in short interest (some feeds show inconsistent data) are boosting volatility but aren’t conclusive on directional conviction. Monitor open interest and changes in institutional positioning. Adobe Target of Unusually High Options Trading (NASDAQ:ADBE)
• Negative Sentiment: Analyst downgrades and price‑target cuts — Citi and other firms have trimmed targets (Citigroup noted a move to $278), reflecting dimmer near‑term expectations and pressuring investor confidence. Citigroup Lowers Adobe (NASDAQ:ADBE) Price Target to $278.00
• Negative Sentiment: CEO transition / governance uncertainty — Banks including Goldman flag that uncertainty until Adobe names a new CEO is a material near‑term risk; leadership change has sapped confidence despite a planned phased transition. Goldman Sachs Sounds the Alarm on Adobe Stock
• Negative Sentiment: Competitive AI risk — Google’s revamped Stitch product, pitched to turn plain language into high‑fidelity interfaces, is being cited as incremental competitive risk to parts of Adobe’s design/UX franchise. Adobe Stock Drops After Google’s Stitch Redesign
• Negative Sentiment: Questions on metrics, moat and monetization — Critical research pieces highlight KPI reporting changes (Digital Media ARR → Total ARR) and potential AI cannibalization of legacy revenue, raising execution and pricing‑power concerns. Adobe: 3 Reasons Not To Buy, 1 Reason Not To Sell After Q1
• Negative Sentiment: Regulatory / settlement hit — Ongoing fallout from subscription cancellation practices has led to settlements and roughly $150M of consumer remediation/penalties in the headlines, a near‑term cash/PR drag. Adobe agrees to settle over cancellation policy with $150 million agreement

Wall Street Analyst Weigh In

A number of analysts recently issued reports on ADBE shares. HSBC set a $302.00 target price on shares of Adobe in a research report on Friday, February 13th. Wolfe Research reduced their price target on Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a research note on Thursday, December 11th. Barclays cut Adobe from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $335.00 to $275.00 in a report on Friday, March 13th. Robert W. Baird set a $350.00 target price on Adobe in a research note on Wednesday, January 14th. Finally, JPMorgan Chase & Co. reduced their target price on Adobe from $520.00 to $420.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $343.88.

Insider Buying and Selling

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

Adobe Stock Down 3.2%

Shares of ADBE opened at $246.00 on Thursday. The firm has a market cap of $100.98 billion, a PE ratio of 14.33, a price-to-earnings-growth ratio of 1.00 and a beta of 1.53. The company’s fifty day moving average is $278.81 and its two-hundred day moving average is $320.79. Adobe Inc. has a fifty-two week low of $244.28 and a fifty-two week high of $422.95. 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 (NASDAQ:ADBE) last released its quarterly earnings data on Thursday, March 12th. The software company reported $6.06 EPS for the quarter, topping analysts’ consensus estimates of $5.87 by $0.19. The business had revenue of $6.40 billion during the quarter, compared to the consensus estimate of $6.28 billion. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The business’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period in the prior year, the firm posted $5.08 EPS. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Analysts forecast that Adobe Inc. will post 16.65 earnings per share for the current year.

About Adobe

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.