Adobe Inc. $ADBE Holdings Decreased by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. decreased its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 15.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,515 shares of the software company’s stock after selling 4,745 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Adobe were worth $8,930,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Aaron Wealth Advisors LLC grew its holdings in shares of Adobe by 18.7% during the fourth quarter. Aaron Wealth Advisors LLC now owns 7,909 shares of the software company’s stock valued at $2,768,000 after buying an additional 1,246 shares in the last quarter. Country Trust Bank grew its holdings in shares of Adobe by 1.6% during the fourth quarter. Country Trust Bank now owns 75,010 shares of the software company’s stock valued at $26,253,000 after buying an additional 1,192 shares in the last quarter. Lakeshore Capital Group Inc. grew its stake in Adobe by 3.7% in the fourth quarter. Lakeshore Capital Group Inc. now owns 1,165 shares of the software company’s stock valued at $408,000 after purchasing an additional 42 shares in the last quarter. Sound Income Strategies LLC grew its stake in Adobe by 24.6% in the fourth quarter. Sound Income Strategies LLC now owns 578 shares of the software company’s stock valued at $202,000 after purchasing an additional 114 shares in the last quarter. Finally, Leo Wealth LLC grew its stake in Adobe by 5.6% in the fourth quarter. Leo Wealth LLC now owns 2,787 shares of the software company’s stock valued at $975,000 after purchasing an additional 148 shares in the last quarter. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Insider Buying and Selling at Adobe

In related news, CFO Daniel Durn sold 1,646 shares of the business’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 transaction, the chief financial officer owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.20% of the company’s stock.

Adobe Stock Performance

ADBE opened at $244.35 on Tuesday. The company has a market cap of $98.77 billion, a PE ratio of 14.23, a price-to-earnings-growth ratio of 0.95 and a beta of 1.52. The stock has a 50-day moving average of $261.77 and a 200-day moving average of $310.47. Adobe Inc. has a 52-week low of $233.15 and a 52-week high of $422.95. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 0.91.

Adobe (NASDAQ:ADBE) last released its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.87 by $0.19. The company 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 firm’s revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, equities research analysts forecast that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on ADBE shares. UBS Group lowered their target price on Adobe from $340.00 to $290.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Robert W. Baird set a $350.00 target price on Adobe in a research note on Wednesday, January 14th. DA Davidson set a $300.00 target price on Adobe in a research note on Friday, March 13th. Argus restated a “hold” rating on shares of Adobe in a research note on Monday, March 16th. Finally, HSBC set a $302.00 target price on Adobe in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fourteen have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $343.88.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reported a solid quarter (EPS $6.06 vs. $5.87 est.; revenue $6.40B vs. $6.28B est.) and reiterated FY‑2026 EPS targets (23.30–23.50) and Q2 guidance, supporting near‑term upside and valuation improvement.
• Neutral Sentiment: Market coverage is highlighting notable intraday/quarterly moves and investor attention in ADBE, underscoring elevated volatility and the potential for sentiment‑driven swings. What Is Adobe Inc.’s (NASDAQ:ADBE) Share Price Doing?
• Neutral Sentiment: Analyst/compare pieces note Adobe’s strong institutional ownership and profitability metrics, providing a structural stability signal even as the stock digests recent declines. Reviewing Adobe (NASDAQ:ADBE) & SMS Alternatives (OTCMKTS:CICN)
• Neutral Sentiment: Coverage on AI startups building virtual try‑on and other retail tools flags a growing competitive cohort that could compress margins in Adobe’s retail/commerce adjacencies if customers shift to specialized AI vendors. ‘Silent killers’: How AI start-ups are trying to solve one of the retail industry’s biggest problems
• Negative Sentiment: A bearish Seeking Alpha piece urges investors to “face reality,” arguing Adobe’s growth assumptions and valuation are under pressure — such narratives can weigh on sentiment and prompt additional selling. Adobe: Stop The Wishful Thinking And Face The Reality
• Negative Sentiment: Jim Cramer and related coverage have flagged the risk of an “end of Adobe’s design dominance,” calling out the stock’s large Q1 decline and competitive threats — high‑profile criticism can amplify investor anxiety and drive short‑term outflows. Jim Cramer Discusses the Possibility of “End of Adobe’s Design Dominance”

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.