Crossmark Global Holdings Inc. Has $26.12 Million Stock Position in Adobe Inc. $ADBE

Crossmark Global Holdings Inc. lifted its position in Adobe Inc. (NASDAQ:ADBE) by 6.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,622 shares of the software company’s stock after buying an additional 4,275 shares during the period. Crossmark Global Holdings Inc.’s holdings in Adobe were worth $26,117,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ADBE. Measured Wealth Private Client Group LLC acquired a new stake in shares of Adobe during the third quarter worth about $26,000. Caitlin John LLC acquired a new position in shares of Adobe in the 3rd quarter valued at approximately $28,000. Beacon Financial Strategies CORP bought a new stake in Adobe during the 4th quarter worth approximately $28,000. KERR FINANCIAL PLANNING Corp bought a new stake in Adobe during the 3rd quarter worth approximately $27,000. Finally, Marquette Asset Management LLC raised its holdings in Adobe by 72.3% during the 4th quarter. Marquette Asset Management LLC now owns 81 shares of the software company’s stock worth $28,000 after buying an additional 34 shares during the period. 81.79% of the stock is currently owned by institutional investors.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe launched a new AI-powered productivity agent aimed at improving PDF creation, sharing, podcast generation, and interactive workflows, reinforcing its push to monetize generative AI across its core software ecosystem. Article Title
• Positive Sentiment: Adobe expanded its Adobe Experience Platform through a collaboration with Alluvium to improve healthcare capacity management, suggesting broader enterprise use cases beyond creative software. Article Title
• Positive Sentiment: Adobe is expanding its India presence with a new office in Noida and a seventh campus, which underscores ongoing investment in AI innovation and international growth capacity. Article Title
• Positive Sentiment: Adobe is using National Small Business Week promotions to highlight Adobe Express, which could support adoption among smaller customers and strengthen its AI-driven creative tools narrative. Article Title
• Neutral Sentiment: Recent commentary says Adobe trades at a relatively low valuation after a steep year-to-date decline, but investor sentiment remains cautious and mixed despite GenAI rollout efforts. Article Title
• Neutral Sentiment: Adobe has also been in the news for a recent pullback after a six-session rally, indicating short-term volatility rather than a clear change in fundamentals. Article Title

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ADBE shares. The Goldman Sachs Group reduced their price target on shares of Adobe from $290.00 to $220.00 and set a “sell” rating for the company in a report on Friday, March 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Adobe in a report on Friday, March 13th. KeyCorp cut their price objective on shares of Adobe from $310.00 to $235.00 and set an “underweight” rating on the stock in a research report on Friday, March 13th. Sanford C. Bernstein set a $447.00 target price on shares of Adobe and gave the stock an “outperform” rating in a research note on Friday, March 13th. Finally, Citigroup reiterated a “neutral” rating on shares of Adobe in a report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $338.15.

Adobe Stock Performance

Shares of NASDAQ ADBE opened at $253.04 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a 50 day moving average price of $250.40 and a 200 day moving average price of $295.01. The stock has a market capitalization of $102.28 billion, a PE ratio of 14.74, a price-to-earnings-growth ratio of 1.00 and a beta of 1.42. Adobe Inc. has a 52 week low of $224.13 and a 52 week high of $422.95.

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, topping analysts’ consensus estimates of $5.87 by $0.19. The company had revenue of $6.40 billion for the quarter, compared to analysts’ expectations of $6.28 billion. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The business’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.08 EPS. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Analysts predict that Adobe Inc. will post 19.14 earnings per share for the current fiscal year.

Adobe declared that its Board of Directors has authorized a share repurchase program on Tuesday, April 21st that allows the company to buyback $25.00 billion in outstanding shares. This buyback authorization allows the software company to reacquire up to 24.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other Adobe news, CEO Shantanu Narayen sold 75,000 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $243.54, for a total transaction of $18,265,500.00. Following the sale, the chief executive officer directly owned 359,538 shares of the company’s stock, valued at approximately $87,561,884.52. This represents a 17.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Daniel Durn sold 1,336 shares of the stock in a transaction on Monday, April 20th. The shares were sold at an average price of $248.02, for a total transaction of $331,354.72. Following the completion of the sale, the chief financial officer owned 42,833 shares of the company’s stock, valued at approximately $10,623,440.66. This represents a 3.02% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 77,091 shares of company stock valued at $18,782,773. 0.20% of the stock is currently owned by corporate insiders.

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.