Daniel Durn Sells 1,646 Shares of Adobe (NASDAQ:ADBE) Stock

Adobe Inc. (NASDAQ:ADBE) CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total value of $485,323.10. Following the transaction, the chief financial officer owned 41,995 shares in the company, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Adobe Trading Up 0.7%

ADBE opened at $299.58 on Thursday. The stock has a market capitalization of $122.98 billion, a PE ratio of 17.93, a P/E/G ratio of 1.17 and a beta of 1.53. Adobe Inc. has a one year low of $288.33 and a one year high of $465.70. The business’s 50 day moving average price is $329.78 and its 200 day moving average price is $342.82. 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 earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, beating analysts’ consensus estimates of $5.40 by $0.10. The company had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $6.11 billion. Adobe had a net margin of 30.00% and a return on equity of 61.28%. Adobe’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.81 earnings per share. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. As a group, equities research analysts expect that Adobe Inc. will post 16.65 EPS for the current year.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Major Photoshop product update — Adobe rolled out a wide set of Photoshop improvements (new layers & workflow controls) that could help retain and expand Creative Cloud subscribers and monetization over time. Adobe Photoshop Gets a Major Update
• Positive Sentiment: Press frames upgrades as meaningful for pro workflows — coverage (Forbes) highlights realism/precision gains that support long‑term ARPU and enterprise appeal, reinforcing the product‑momentum case. Adobe Announces New Upgrades To Photoshop
• Neutral Sentiment: Short‑interest data noisy / shows no signal — January short‑interest figures released are effectively zero/NaN and do not imply a clear short‑squeeze or crowd positioning signal.
• Neutral Sentiment: Executive compensation & severance update — Adobe disclosed 2026 pay plans and a new severance policy; typically governance details are neutral for near‑term price moves unless they escalate. Executive compensation and severance policy
• Negative Sentiment: CFO insider sale — CFO Daniel Durn sold 1,646 shares (~$485k), a small but visible reduction in insider ownership that can rattle sentiment when combined with other negatives. CFO Daniel Durn Sells Shares
• Negative Sentiment: Analyst/peer comparison favors Salesforce — a Zacks piece argues CRM is the stronger enterprise‑software buy today (AI/agent momentum and margin story), which can divert capital away from Adobe. CRM vs. ADBE: Which Enterprise Software Stock Is the Better Buy?
• Negative Sentiment: Semrush merger legal risk — shareholder lawsuits against Semrush could delay or complicate Adobe’s proposed acquisition, adding near‑term uncertainty and potential costs. Semrush merger legal risk

Wall Street Analysts Forecast Growth

ADBE has been the topic of a number of analyst reports. TD Cowen reduced their price objective on shares of Adobe from $420.00 to $400.00 and set a “hold” rating on the stock in a report on Thursday, December 11th. The Goldman Sachs Group assumed coverage on shares of Adobe in a research note on Monday, January 12th. They issued a “sell” rating and a $290.00 price objective on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $430.00 price target on shares of Adobe in a research note on Thursday, December 11th. UBS Group decreased their price objective on shares of Adobe from $375.00 to $340.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, Wolfe Research dropped their price objective on Adobe from $450.00 to $440.00 and set an “outperform” rating for the company in a research report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Adobe presently has a consensus rating of “Hold” and an average target price of $397.19.

Hedge Funds Weigh In On Adobe

A number of institutional investors have recently made changes to their positions in ADBE. Lebenthal Global Advisors LLC acquired a new position in shares of Adobe in the 4th quarter worth approximately $551,000. Absher Wealth Management LLC grew its position in Adobe by 2.8% in the 4th quarter. Absher Wealth Management LLC now owns 7,062 shares of the software company’s stock valued at $2,472,000 after buying an additional 194 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC boosted its stake in Adobe by 30.2% during the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 181 shares of the software company’s stock valued at $63,000 after purchasing an additional 42 shares in the last quarter. AGP Franklin LLC boosted its position in shares of Adobe by 2.0% during the 4th quarter. AGP Franklin LLC now owns 10,876 shares of the software company’s stock valued at $3,806,000 after purchasing an additional 215 shares in the last quarter. Finally, Diversified Enterprises LLC lifted its position in shares of Adobe by 163.4% during the 4th quarter. Diversified Enterprises LLC now owns 1,944 shares of the software company’s stock valued at $680,000 after acquiring an additional 1,206 shares during the last quarter. 81.79% of the stock is owned by institutional investors and hedge funds.

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.