Seaview Investment Managers LLC Sells 3,106 Shares of Adobe Inc. $ADBE

Seaview Investment Managers LLC decreased its stake in Adobe Inc. (NASDAQ:ADBE) by 12.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,528 shares of the software company’s stock after selling 3,106 shares during the quarter. Adobe makes up about 2.9% of Seaview Investment Managers LLC’s investment portfolio, making the stock its 20th largest position. Seaview Investment Managers LLC’s holdings in Adobe were worth $7,947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. LSV Asset Management increased its holdings in Adobe by 350.0% in the 2nd quarter. LSV Asset Management now owns 72 shares of the software company’s stock worth $28,000 after purchasing an additional 56 shares in the last quarter. Nexus Investment Management ULC bought a new position in shares of Adobe in the second quarter valued at approximately $31,000. Horizon Financial Services LLC grew its stake in Adobe by 4,000.0% in the 2nd quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock valued at $32,000 after purchasing an additional 80 shares during the period. Total Investment Management Inc. bought a new stake in shares of Adobe in the 2nd quarter worth approximately $35,000. Finally, Howard Hughes Medical Institute bought a new stake in shares of Adobe in the second quarter valued at approximately $36,000. Institutional investors own 81.79% of the company’s stock.

Insiders Place Their Bets

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 shares were 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 in the company, valued at approximately $12,382,225.75. This represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.16% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ADBE shares. TD Cowen lowered their target price on shares of Adobe from $420.00 to $400.00 and set a “hold” rating on the stock in a research note on Thursday, December 11th. Jefferies Financial Group lowered shares of Adobe from a “buy” rating to a “hold” rating and decreased their price target for the stock from $500.00 to $400.00 in a research note on Monday, January 5th. Barclays reaffirmed an “overweight” rating and issued a $415.00 price objective on shares of Adobe in a research report on Friday, December 5th. Morgan Stanley lowered their target price on Adobe from $450.00 to $425.00 and set an “equal weight” rating on the stock in a report on Thursday, December 11th. Finally, Weiss Ratings downgraded shares of Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Adobe has an average rating of “Hold” and an average target price of $401.13.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Analyst/market bullish takes — several articles argue Adobe is attractively valued after the pullback and a candidate for a rebound, highlighting its subscription moat and long-term earnings power. Adobe: Bullish On A Bounce Back From Multi-Year Lows
• Positive Sentiment: Value/earnings momentum views — Zacks and other analysts profile Adobe as a top value/earnings-acceleration stock, supporting the case for longer-term investors buying the dip. Why Adobe Systems (ADBE) is a Top Value Stock for the Long-Term
• Positive Sentiment: Macro/sector rebound narratives — strategists say recent AI-driven selling has created buying opportunities in higher-quality software names like Adobe, helping stabilize sentiment in some trading sessions. AI disruption fears create buying chance in US software stocks, strategists say
• Neutral Sentiment: Small insider/institutional activity — a minor stake purchase was reported (2,037 shares by Tempus Wealth Planning), but the size is not material to Adobe’s float. 2,037 Shares in Adobe Inc. $ADBE Acquired by Tempus Wealth Planning LLC
• Neutral Sentiment: Market breadth improvement — broader market indicators and a rebound in software names have eased panic-driven flows, reducing downside pressure for quality names like Adobe. Nasdaq Jumps Over 200 Points As Software Stocks Rebound: Investor Sentiment Improves, Fear & Greed Index Moves To ‘Neutral’ Zone
• Neutral Sentiment: Short-interest data anomaly — a report noted a “significant increase” but showed zero shares/NaN values, indicating unreliable short interest reporting this cycle; no clear signal from shorts.
• Negative Sentiment: Sector rotation & FOBO selling — commentary points to tech-heavy portfolios being hit by rotation into consumer/defensive names (Walmart, Hershey) and fear-of-bad-outcomes (FOBO), which has pressured Adobe along with other software stocks. FOBO (Not FOMO) Hits Tech Heavy Portfolios Hard; Tech Stocks Adobe, Salesforce Beaten By Walmart, Hershey

Adobe Stock Down 0.8%

Shares of ADBE stock opened at $264.67 on Wednesday. The stock’s 50-day simple moving average is $322.25 and its 200-day simple moving average is $336.91. The firm has a market capitalization of $108.65 billion, a PE ratio of 15.84, a P/E/G ratio of 1.05 and a beta of 1.51. 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 Inc. has a fifty-two week low of $262.95 and a fifty-two week high of $465.70.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, beating the consensus estimate of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The company had revenue of $6.19 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same period last year, the company earned $4.81 earnings per share. Adobe’s quarterly revenue was up 10.5% compared to the same quarter last year. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Equities analysts expect that Adobe Inc. will post 16.65 earnings per share for the current year.

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.