2,628 Shares in Adobe Inc. $ADBE Bought by Hamilton Wealth LLC

Hamilton Wealth LLC purchased a new stake in Adobe Inc. (NASDAQ:ADBE) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,628 shares of the software company’s stock, valued at approximately $639,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. SWAN Capital LLC grew its holdings in Adobe by 43.1% during the 3rd quarter. SWAN Capital LLC now owns 103 shares of the software company’s stock worth $36,000 after acquiring an additional 31 shares in the last quarter. Logan Capital Management Inc. raised its stake in shares of Adobe by 0.3% in the 3rd quarter. Logan Capital Management Inc. now owns 9,789 shares of the software company’s stock valued at $3,453,000 after purchasing an additional 32 shares in the last quarter. Marquette Asset Management LLC raised its stake in shares of Adobe by 72.3% in the 4th quarter. Marquette Asset Management LLC now owns 81 shares of the software company’s stock valued at $28,000 after purchasing an additional 34 shares in the last quarter. Vista Capital Partners Inc. lifted its position in shares of Adobe by 5.8% during the second quarter. Vista Capital Partners Inc. now owns 624 shares of the software company’s stock worth $241,000 after purchasing an additional 34 shares during the last quarter. Finally, Oregon Pacific Wealth Management LLC lifted its position in shares of Adobe by 4.1% during the fourth quarter. Oregon Pacific Wealth Management LLC now owns 889 shares of the software company’s stock worth $311,000 after purchasing an additional 35 shares during the last quarter. 81.79% of the stock is currently owned by institutional investors.

Adobe Price Performance

Shares of NASDAQ:ADBE opened at $263.43 on Thursday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.42. Adobe Inc. has a fifty-two week low of $190.12 and a fifty-two week high of $370.86. The firm has a 50-day simple moving average of $226.50 and a 200 day simple moving average of $249.43. The company has a market cap of $104.71 billion, a PE ratio of 15.07, a P/E/G ratio of 0.84 and a beta of 1.43.

Adobe (NASDAQ:ADBE) last released its quarterly earnings data on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, topping the consensus estimate of $5.82 by $0.14. Adobe had a net margin of 28.69% and a return on equity of 65.11%. The firm had revenue of $6.62 billion for the quarter, compared to analyst estimates of $6.45 billion. During the same quarter in the prior year, the business earned $5.06 earnings per share. Adobe’s quarterly revenue was up 12.7% on a year-over-year basis. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. On average, sell-side analysts anticipate that Adobe Inc. will post 19.81 EPS for the current year.

Adobe declared that its board has approved a stock repurchase program on Tuesday, April 21st that permits the company to buyback $25.00 billion in shares. This buyback authorization permits the software company to buy up to 24.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Insider Activity

In related news, Director David A. Ricks purchased 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were acquired at an average price of $194.51 per share, with a total value of $1,945,100.00. Following the acquisition, the director owned 17,655 shares in the company, valued at approximately $3,434,074.05. This trade represents a 130.63% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.20% of the company’s stock.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: FTC approval removes a key deal risk: U.S. regulators granted early approval for Adobe’s acquisition of Topaz Labs, a developer of AI-powered image-enhancement tools. The clearance reduces antitrust uncertainty and allows Adobe to advance the transaction, strengthening its creative-AI product portfolio. FTC Grants Early Approval for Adobe’s Acquisition of Topaz Labs
• Positive Sentiment: Topaz Labs deal reinforces the AI growth narrative: Investors appear to view the acquisition as a way for Adobe to add specialized image-quality and enhancement capabilities to its broader creative ecosystem. The deal supports the thesis that rising AI-generated content could increase demand for professional editing, verification and workflow tools. Why Is Adobe Stock Climbing Today
• Neutral Sentiment: Adobe continues to build credibility around responsible AI: The company joined the Open Source AI Cybersecurity Alliance, which is focused on shared defenses and standards for safer AI systems. The move may improve Adobe’s positioning with enterprise customers, although it is unlikely to have an immediate financial effect. Adobe Joins Open Source AI Cybersecurity Alliance
• Neutral Sentiment: Creator and education initiatives provide brand support: Pearson’s 2026 Adobe Certified Professional World Championship highlighted student use of Adobe’s creative software. The event supports ecosystem engagement and brand visibility but has limited direct impact on near-term revenue or earnings. Pearson Names Certiport 2026 Adobe Certified Professional World Champion
• Negative Sentiment: Competitive and execution risks remain: Commentary comparing Adobe Express with Canva and analysis noting uncertainty around Adobe’s AI transition underscore concerns about competition, monetization and whether new AI features can accelerate growth enough to offset disruption from generative-AI tools.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. TD Cowen lowered their price objective on Adobe from $310.00 to $285.00 and set a “hold” rating for the company in a report on Monday, June 8th. Bank of America reaffirmed an “underperform” rating and set a $190.00 target price on shares of Adobe in a report on Tuesday, July 7th. Freedom Capital lowered Adobe from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 12th. The Goldman Sachs Group lowered their price target on Adobe from $220.00 to $190.00 and set a “sell” rating for the company in a report on Friday, June 12th. Finally, KeyCorp lowered their price target on Adobe from $235.00 to $195.00 and set an “underweight” rating for the company in a report on Friday, June 12th. Seven analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $271.30.

Adobe 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.