Adobe Inc. $ADBE Shares Sold by BNP Paribas

BNP Paribas trimmed its position in shares of Adobe Inc. (NASDAQ:ADBE) by 36.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,444 shares of the software company’s stock after selling 8,191 shares during the quarter. BNP Paribas’ holdings in Adobe were worth $5,588,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ADBE. 1248 Management LLC acquired a new stake in Adobe in the 1st quarter valued at about $25,000. LSV Asset Management lifted its holdings in shares of Adobe by 350.0% in the second quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after purchasing an additional 56 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in shares of Adobe in the first quarter valued at approximately $29,000. Nexus Investment Management ULC acquired a new stake in shares of Adobe in the second quarter valued at approximately $31,000. Finally, Horizon Financial Services LLC increased its stake in shares of Adobe by 4,000.0% during the 2nd quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock worth $32,000 after purchasing an additional 80 shares in the last quarter. Institutional investors and hedge funds own 81.79% of the company’s stock.

Wall Street Analysts Forecast Growth

ADBE has been the topic of a number of recent research reports. Evercore ISI reduced their target price on Adobe from $475.00 to $450.00 and set an “outperform” rating on the stock in a research note on Friday, September 12th. Royal Bank Of Canada reduced their price objective on Adobe from $480.00 to $430.00 and set an “outperform” rating on the stock in a research report on Monday, September 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Adobe in a research note on Wednesday, October 8th. BMO Capital Markets reissued an “outperform” rating and issued a $405.00 target price on shares of Adobe in a research note on Wednesday, October 29th. Finally, Redburn Partners set a $280.00 target price on shares of Adobe in a report on Monday, September 1st. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $425.29.

Adobe Stock Performance

NASDAQ ADBE opened at $343.13 on Thursday. The business’s 50-day moving average price is $335.90 and its 200 day moving average price is $358.28. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.53. Adobe Inc. has a twelve month low of $311.58 and a twelve month high of $552.30. The company has a market capitalization of $143.63 billion, a PE ratio of 21.38, a price-to-earnings-growth ratio of 1.26 and a beta of 1.54.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, beating the consensus estimate of $5.40 by $0.10. The company had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $6.11 billion. Adobe had a return on equity of 57.54% and a net margin of 30.01%.The firm’s revenue was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.81 EPS. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. On average, research analysts predict that Adobe Inc. will post 16.65 earnings per share for the current year.

Insider Buying and Selling

In other Adobe news, CAO Jillian Forusz sold 149 shares of the stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $337.88, for a total transaction of $50,344.12. Following the transaction, the chief accounting officer owned 3,426 shares of the company’s stock, valued at $1,157,576.88. This trade represents a 4.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.16% of the company’s stock.

Adobe Profile

Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.