Mirabella Financial Services LLP Purchases 3,836 Shares of Adobe Inc. $ADBE

Mirabella Financial Services LLP raised its position in shares of Adobe Inc. (NASDAQ:ADBE) by 102.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 7,594 shares of the software company’s stock after purchasing an additional 3,836 shares during the period. Mirabella Financial Services LLP’s holdings in Adobe were worth $2,675,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of ADBE. LSV Asset Management increased its position in Adobe by 350.0% during the 2nd quarter. LSV Asset Management now owns 72 shares of the software company’s stock valued at $28,000 after buying an additional 56 shares in the last quarter. Caitlin John LLC bought a new position in shares of Adobe during the third quarter valued at $28,000. Horizon Financial Services LLC raised its position in shares of Adobe by 4,000.0% in 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 during the last quarter. Total Investment Management Inc. bought a new position in Adobe in the 2nd quarter worth about $35,000. Finally, Heartwood Wealth Advisors LLC bought a new position in Adobe in the 3rd quarter worth about $35,000. Institutional investors own 81.79% of the company’s stock.

Adobe Stock Performance

ADBE stock opened at $251.86 on Tuesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 1.00. Adobe Inc. has a 1 year low of $244.28 and a 1 year high of $422.95. The company has a market cap of $103.39 billion, a P/E ratio of 14.67, a price-to-earnings-growth ratio of 0.98 and a beta of 1.53. The stock’s fifty day moving average price is $282.29 and its 200-day moving average price is $322.04.

Adobe (NASDAQ:ADBE) last posted its earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, beating analysts’ consensus estimates of $5.87 by $0.19. The company had revenue of $6.40 billion for 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%.Adobe’s revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.08 earnings per share. 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, equities analysts forecast that Adobe Inc. will post 16.65 earnings per share for the current year.

Insider Buying and Selling at Adobe

In related news, CFO Daniel Durn sold 1,646 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The shares were 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 of the company’s stock, valued at approximately $12,382,225.75. This trade represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.20% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. BMO Capital Markets decreased their target price on shares of Adobe from $375.00 to $285.00 and set a “market perform” rating for the company in a report on Friday. Mizuho lowered their price objective on Adobe from $340.00 to $315.00 and set an “outperform” rating on the stock in a research report on Friday. HSBC set a $302.00 target price on Adobe in a report on Friday, February 13th. DA Davidson set a $300.00 price target on Adobe in a research note on Friday. Finally, Barclays downgraded Adobe from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $335.00 to $275.00 in a report on Friday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $346.42.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Strategic NVIDIA partnership — Adobe announced a collaboration with NVIDIA to accelerate next‑generation Firefly models and agentic creative/marketing workflows, which strengthens Adobe’s AI roadmap and cloud/compute partnerships. Adobe and NVIDIA Partnership
• Positive Sentiment: Unusually high call‑option activity and reported insider/strategist buying — Elevated call volumes (large purchases) and publicized purchases by strategist Jim Lebenthal signal some investors are positioning for upside. (No direct article link for options; strategist buy: linked.) Jim Lebenthal Bought ADBE
• Neutral Sentiment: Q1 results beat but market reaction mixed — Adobe beat EPS/revenue estimates and set FY‑2026 guidance (23.30–23.50 EPS) but the stock fell after the CEO exit news; fundamentals remain solid yet sentiment is fragile. (See earnings coverage in prior filings and summaries.)
• Negative Sentiment: Leadership transition creates uncertainty — Longtime CEO Shantanu Narayen’s planned exit has spooked investors and was cited as a primary reason for recent share weakness; leadership change raises execution risk during an important AI pivot. CEO Transition Coverage
• Negative Sentiment: $150M DOJ settlement — Adobe agreed to pay $150M over alleged subscription cancellation disclosure issues, a near‑term legal/headline overhang and modest cash/legal expense. DOJ Settlement
• Negative Sentiment: Analyst downgrades and widespread price‑target cuts — Multiple brokers trimmed targets and ratings (Barclays, Piper Sandler, BMO, Citi and others), increasing selling pressure and reducing near‑term upside expectations. Analyst Coverage & Target Cuts
• Negative Sentiment: Sector/headline pressure on software names — Broader skepticism around which software businesses benefit from AI (seat‑based pricing risk) has singled out Adobe as vulnerable vs. usage‑based peers. Sector Commentary
• Neutral Sentiment: Short‑interest data appears non‑informative this session — reported short interest entries were inconsistent/zero and aren’t providing clear directional signals today.

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.