Marshall Financial Group LLC Cuts Stock Position in Adobe Inc. $ADBE

Marshall Financial Group LLC trimmed its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 80.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,038 shares of the software company’s stock after selling 4,385 shares during the period. Marshall Financial Group LLC’s holdings in Adobe were worth $363,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its position in Adobe by 2.1% during the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock worth $3,588,000 after acquiring an additional 167 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in Adobe by 25.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock worth $926,000 after acquiring an additional 486 shares during the period. United Bank grew its position in Adobe by 12.8% in the second quarter. United Bank now owns 3,773 shares of the software company’s stock valued at $1,460,000 after acquiring an additional 428 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in shares of Adobe by 7.8% during the second quarter. Schnieders Capital Management LLC. now owns 2,630 shares of the software company’s stock valued at $1,017,000 after purchasing an additional 190 shares during the period. Finally, AXQ Capital LP purchased a new stake in shares of Adobe during the second quarter valued at approximately $263,000. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Adobe Stock Down 0.2%

NASDAQ:ADBE opened at $247.57 on Tuesday. The company has a market capitalization of $101.63 billion, a price-to-earnings ratio of 14.42, a price-to-earnings-growth ratio of 0.97 and a beta of 1.53. Adobe Inc. has a one year low of $241.00 and a one year high of $422.95. The stock has a 50-day simple moving average of $273.63 and a 200 day simple moving average of $318.45. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.00 and a current ratio of 0.91.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.87 by $0.19. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The firm had revenue of $6.40 billion for the quarter, compared to analysts’ expectations of $6.28 billion. During the same quarter in the prior year, the firm posted $5.08 earnings per share. Adobe’s revenue for the quarter was up 12.0% compared to the same quarter last year. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Sell-side analysts predict that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Insider Activity

In related news, CFO Daniel Durn sold 1,646 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total transaction of $485,323.10. Following the sale, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.20% of the company’s stock.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Finance turned into an AI testbed — CFO Dan Durn has deployed AI to auto-answer large volumes of emails, speed contract reviews and stress‑test messaging, suggesting meaningful back‑office cost and time savings that can boost margins. Adobe Turns Finance Into AI Testbed For Back Office Productivity Insights
• Positive Sentiment: Product/AI expansion — Adobe is expanding Firefly with custom AI models and conversational design tools, and allowing creators to build custom Firefly models on their own work/style, which supports continued revenue growth and stickiness in Creative Cloud. Adobe Expands Firefly With Custom AI Models & Conversational Design Tools
• Neutral Sentiment: Zacks highlights Adobe as a strong growth stock based on style scores — this reinforces longer‑term growth narratives but is unlikely to change immediate sentiment. Here’s Why Adobe Systems (ADBE) is a Strong Growth Stock
• Neutral Sentiment: Management hiring in India — Adobe named Shamik Basu VP, Creative Products Group for India; a routine leadership hire that supports product execution but has limited immediate market impact. Adobe names Shamik Basu as vice president, Creative Products Group for India
• Neutral Sentiment: Short-interest data reported as effectively zero/erroneous — the release shows no meaningful short‑interest signal (data appears unreliable), so it likely isn’t a driver of today’s move.
• Negative Sentiment: Leadership transition raises uncertainty — coverage notes that CEO Shantanu Narayan’s departure has dimmed near‑term outlook and investor confidence, increasing execution risk. Leadership Transition Dims Adobe Inc. (ADBE)’s Outlook
• Negative Sentiment: Analyst downgrade and lower price target — Barclays cut ADBE to Equal Weight (target trimmed to $275 from $335), citing weaker net new ARR; downgrades like this pressure the stock near term. Barclays Downgrades Adobe Inc. (ADBE) Stock to Equal Weight
• Negative Sentiment: Sector risk — commentary about a potential SaaS correction (“SaaSpocalypse”) adds macro/sector downside risk for large software names like Adobe and may amplify selling pressure. Salesforce, Adobe Stocks Face 2008-Style Collapse In ‘SaaSpocalypse’

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ADBE shares. The Goldman Sachs Group reduced their target price on shares of Adobe from $290.00 to $220.00 and set a “sell” rating on the stock in a research report on Friday, March 13th. Jefferies Financial Group dropped their price target on shares of Adobe from $400.00 to $290.00 and set a “hold” rating on the stock in a research note on Monday, February 23rd. Robert W. Baird set a $350.00 price objective on shares of Adobe in a report on Wednesday, January 14th. Weiss Ratings cut shares of Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 6th. Finally, Sanford C. Bernstein set a $447.00 target price on Adobe and gave the company an “outperform” rating in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, Adobe has a consensus rating of “Hold” and an average target price of $343.88.

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.