Adobe Inc. $ADBE Shares Sold by LOM Asset Management Ltd

LOM Asset Management Ltd cut its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 29.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,429 shares of the software company’s stock after selling 1,832 shares during the quarter. LOM Asset Management Ltd’s holdings in Adobe were worth $1,562,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of ADBE. LSV Asset Management raised its stake in shares of Adobe by 350.0% in the 2nd quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after acquiring an additional 56 shares during the period. Caitlin John LLC purchased a new stake in Adobe in the third quarter valued at approximately $28,000. Horizon Financial Services LLC lifted its stake in Adobe by 4,000.0% during the second 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. Total Investment Management Inc. purchased a new position in shares of Adobe during the second quarter worth $35,000. Finally, Howard Hughes Medical Institute purchased a new position in shares of Adobe during the second quarter worth $36,000. 81.79% of the stock is currently owned by hedge funds and other institutional investors.

Adobe Stock Up 3.2%

ADBE stock opened at $281.74 on Friday. The company’s 50 day moving average price is $293.06 and its 200 day moving average price is $326.81. The firm has a market capitalization of $115.65 billion, a price-to-earnings ratio of 16.86, a PEG ratio of 1.08 and a beta of 1.53. Adobe Inc. has a fifty-two week low of $244.28 and a fifty-two week high of $452.51. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.00.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, topping the consensus estimate of $5.40 by $0.10. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The company had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $6.11 billion. During the same quarter in the previous year, the business posted $4.81 EPS. The firm’s revenue was up 10.5% on a year-over-year basis. 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, equities research analysts anticipate that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,646 shares of Adobe 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 of the company’s stock, valued at $12,382,225.75. The trade was a 3.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.16% of the stock is currently owned by corporate insiders.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Renewed AI optimism and pre-earnings positioning are lifting the stock — coverage highlights Firefly adoption and the view that Adobe could be an AI-era incumbent rather than a casualty, helping push shares higher. Why Adobe (ADBE) Is Up 5.1%
• Positive Sentiment: Billionaire investor Michael Burry is reported to have taken a long position in ADBE, a high-profile vote of confidence that can attract speculative and value-focused buying ahead of earnings. The Billionaire Investor Who Bet Against Nvidia and Palantir Is Buying Adobe
• Positive Sentiment: Some analysts and commentators argue valuation looks attractive after the selloff (single-digit/low-teens forward multiples, strong free cash flow), prompting “buy” views that support the rally ahead of results. Adobe Q1 FY 2026 Preview: Strong Buy
• Positive Sentiment: Industry reports rank Adobe among leaders in customer data platforms and AI-driven personalization — a strategic endorsement for its enterprise positioning and cross-selling opportunities. Customer Data Platform Company Evaluation Report 2025
• Neutral Sentiment: Adobe is approaching its Q1 FY2026 report on March 12; many traders are simply repositioning ahead of guidance and AI usage metrics (a catalyst but also a risk if guidance disappoints). Adobe to Release Earnings on Thursday
• Neutral Sentiment: Barclays trimmed its price target (from $415 to $335) but kept an overweight stance — a mixed signal that reduces some upside while leaving institutional support intact. Barclays Lowers Adobe Target
• Negative Sentiment: Other broker notes trimmed targets (Jefferies, HSBC) and some pre-earnings previews suggest Adobe may lack the setup for an easy earnings “beat,” which could leave the stock vulnerable if guidance or AI monetization metrics underwhelm. Jefferies and HSBC Cut Adobe Price Targets Zacks Earnings Preview

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. The Goldman Sachs Group initiated coverage on Adobe in a report on Monday, January 12th. They issued a “sell” rating and a $290.00 price objective on the stock. Piper Sandler reaffirmed a “neutral” rating on shares of Adobe in a research report on Wednesday. BMO Capital Markets lowered shares of Adobe from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $400.00 to $375.00 in a research note on Friday, January 9th. Wells Fargo & Company lowered their price objective on shares of Adobe from $470.00 to $420.00 and set an “overweight” rating for the company in a research note on Thursday, November 20th. Finally, Morgan Stanley dropped their price objective on shares of Adobe from $450.00 to $425.00 and set an “equal weight” rating for the company in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $389.56.

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.