Adobe Inc. $ADBE Shares Purchased by Invesco Ltd.

Invesco Ltd. boosted its stake in Adobe Inc. (NASDAQ:ADBE) by 6.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 5,119,025 shares of the software company’s stock after acquiring an additional 297,337 shares during the period. Invesco Ltd.’s holdings in Adobe were worth $1,791,607,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of ADBE. SWAN Capital LLC increased its position in shares of Adobe by 43.1% during the third quarter. SWAN Capital LLC now owns 103 shares of the software company’s stock valued at $36,000 after acquiring an additional 31 shares during the last quarter. Logan Capital Management Inc. lifted its holdings 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 worth $3,453,000 after acquiring an additional 32 shares during the last quarter. Peoples Bank KS lifted its holdings in shares of Adobe by 1.6% in the 4th quarter. Peoples Bank KS now owns 2,041 shares of the software company’s stock worth $714,000 after acquiring an additional 33 shares during the last quarter. Rosenberg Matthew Hamilton boosted its position in shares of Adobe by 16.1% during the 4th quarter. Rosenberg Matthew Hamilton now owns 245 shares of the software company’s stock worth $86,000 after purchasing an additional 34 shares during the period. Finally, Marquette Asset Management LLC boosted its position in shares of 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 purchasing an additional 34 shares during the period. Institutional investors and hedge funds own 81.79% of the company’s stock.

Insider Buying and Selling

In other Adobe news, CEO Shantanu Narayen sold 75,000 shares of the company’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $243.54, for a total transaction of $18,265,500.00. Following the sale, the chief executive officer owned 359,538 shares in the company, valued at $87,561,884.52. This represents a 17.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Daniel Durn sold 1,336 shares of the company’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $248.02, for a total value of $331,354.72. Following the sale, the chief financial officer owned 42,833 shares in the company, valued at approximately $10,623,440.66. This trade represents a 3.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 77,091 shares of company stock valued at $18,782,773 in the last three months. 0.20% of the stock is owned by corporate insiders.

Key Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe unveiled a major expansion of its creative agent across Firefly and Creative Cloud, including Photoshop and Premiere, to automate multi-step workflows and improve productivity. Adobe Unveils Major Expansion of Creative Agent Across Firefly and Creative Cloud Apps Including Photoshop and Premiere
• Positive Sentiment: The company added its AI assistant to Premiere, Illustrator, InDesign and Frame.io, extending agentic AI capabilities deeper into its core workflow tools. Adobe adds its AI assistant to Premiere, Illustrator and InDesign
• Positive Sentiment: Adobe introduced GenStudio for Commerce Media Networks and Brand Visibility, new AI-focused offerings aimed at helping customers manage content, improve discoverability, and drive marketing results. Introducing Adobe Brand Visibility: A Unified Solution for the AI Search Era
• Positive Sentiment: Adobe and LinkedIn launched a global AI skills initiative, reinforcing Adobe’s ecosystem and positioning in AI education and marketing workflows. Adobe and LinkedIn Launch Global AI Skills Initiative to Empower the Next Generation of Marketers

Adobe Stock Performance

Shares of ADBE stock opened at $195.64 on Friday. The firm has a 50 day moving average of $241.25 and a two-hundred day moving average of $275.02. The stock has a market capitalization of $77.77 billion, a PE ratio of 11.19, a P/E/G ratio of 0.69 and a beta of 1.42. The company has a quick ratio of 0.91, a current ratio of 0.75 and a debt-to-equity ratio of 0.42. Adobe Inc. has a 52 week low of $190.12 and a 52 week high of $392.58.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings data on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, topping analysts’ consensus estimates of $5.82 by $0.14. The business had revenue of $6.62 billion for the quarter, compared to analyst estimates of $6.45 billion. Adobe had a return on equity of 65.11% and a net margin of 28.69%.The company’s revenue was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.06 earnings per share. 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, research analysts predict that Adobe Inc. will post 19.73 EPS for the current fiscal year.

Adobe declared that its Board of Directors has initiated a share repurchase program on Tuesday, April 21st that permits the company to repurchase $25.00 billion in shares. This repurchase authorization permits the software company to reacquire up to 24.9% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on ADBE shares. Mizuho cut their target price on Adobe from $270.00 to $245.00 and set a “neutral” rating on the stock in a research report on Friday, June 12th. Jefferies Financial Group dropped their price objective on Adobe from $290.00 to $230.00 and set a “hold” rating for the company in a research note on Friday, June 12th. TD Cowen cut their price objective on Adobe from $310.00 to $285.00 and set a “hold” rating on the stock in a report on Monday, June 8th. UBS Group set a $365.00 target price on Adobe in a research note on Friday, June 12th. Finally, Barclays lowered their target price on Adobe from $275.00 to $250.00 and set an “equal weight” rating for the company in a report on Friday, June 12th. Five investment analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $278.16.

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.