Adobe Inc. $ADBE Shares Bought by Global Retirement Partners LLC

Global Retirement Partners LLC raised its holdings in Adobe Inc. (NASDAQ:ADBE) by 61.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,768 shares of the software company’s stock after buying an additional 4,079 shares during the period. Global Retirement Partners LLC’s holdings in Adobe were worth $3,769,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in ADBE. Western Pacific Wealth Management LP bought a new stake in shares of Adobe in the 4th quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Adobe in the 3rd quarter valued at approximately $26,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Adobe in the 3rd quarter valued at approximately $27,000. Caitlin John LLC bought a new stake in shares of Adobe in the 3rd quarter valued at approximately $28,000. Finally, Beacon Financial Strategies CORP bought a new stake in shares of Adobe in the 4th quarter valued at approximately $28,000. 81.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. HSBC set a $302.00 price target on Adobe in a report on Friday, February 13th. Mizuho reiterated a “neutral” rating and issued a $270.00 price target (down from $315.00) on shares of Adobe in a report on Monday, April 27th. Piper Sandler lowered their price target on Adobe from $330.00 to $280.00 and set a “neutral” rating for the company in a report on Friday, March 13th. BMO Capital Markets lowered their price target on Adobe from $375.00 to $285.00 and set a “market perform” rating for the company in a report on Friday, March 13th. Finally, BTIG Research assumed coverage on Adobe in a report on Monday, April 13th. They issued a “neutral” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seventeen have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $338.15.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe is getting fresh buzz from its deeper integration with Google Gemini, including the ability for users to access Photoshop and Premiere Pro tools inside the AI assistant. That could expand Adobe’s reach and strengthen demand for its creative software. Article Title
• Positive Sentiment: Articles highlighting Adobe’s Digital Experience business say the company is well positioned to benefit from the digital content boom, with Experience Cloud and AI tools like Firefly and Sensei serving demand in ads and e-commerce. Article Title
• Positive Sentiment: Some market commentary argues Adobe looks inexpensive relative to its growth outlook after the broad software selloff, which may be attracting value-oriented investors. Article Title
• Neutral Sentiment: Additional coverage says Adobe is using agentic AI to defend its software moat, reinforcing the view that management is leaning into AI to support its competitive position. Article Title
• Negative Sentiment: One market recap noted Adobe stock fell in the latest session while the broader market advanced, underscoring continued volatility and investor caution around the name. Article Title
• Negative Sentiment: Governance-related headlines are also adding a small overhang, with renewed attention on trading activity tied to Adobe shares amid existing shareholder litigation. Article Title

Insider Buying and Selling

In related news, CAO Jillian Forusz sold 755 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $246.25, for a total transaction of $185,918.75. Following the completion of the transaction, the chief accounting officer directly owned 3,521 shares in the company, valued at $867,046.25. This represents a 17.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Daniel Durn sold 1,336 shares of the stock in a transaction on Monday, April 20th. The stock was sold at an average price of $248.02, for a total value of $331,354.72. Following the completion of the transaction, the chief financial officer directly owned 42,833 shares of the company’s stock, valued at approximately $10,623,440.66. The trade was a 3.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 77,091 shares of company stock worth $18,782,773 in the last three months. 0.20% of the stock is owned by insiders.

Adobe Price Performance

Shares of ADBE opened at $244.76 on Friday. The company has a market cap of $98.93 billion, a P/E ratio of 14.26, a PEG ratio of 0.95 and a beta of 1.42. The stock has a fifty day moving average price of $245.05 and a 200 day moving average price of $287.46. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.91. Adobe Inc. has a 12 month low of $224.13 and a 12 month high of $421.48.

Adobe (NASDAQ:ADBE) last issued 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 firm 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 period in the prior year, the business earned $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. On average, research analysts forecast that Adobe Inc. will post 19.14 earnings per share for the current year.

Adobe announced that its board has authorized a stock repurchase program on Tuesday, April 21st that authorizes the company to repurchase $25.00 billion in shares. This repurchase authorization authorizes the software company to reacquire up to 24.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

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.