Adobe Inc. $ADBE Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC cut its holdings in shares of Adobe Inc. (NASDAQ:ADBE - Free Report) by 71.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,796 shares of the software company's stock after selling 19,547 shares during the period. Prime Capital Investment Advisors LLC's holdings in Adobe were worth $2,750,000 at the end of the most recent quarter.

• Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside

A number of other large investors have also recently added to or reduced their stakes in the business. LSV Asset Management raised its position in shares of Adobe by 350.0% during the second quarter. LSV Asset Management now owns 72 shares of the software company's stock worth $28,000 after purchasing an additional 56 shares during the period. Nexus Investment Management ULC acquired a new stake in Adobe during the 2nd quarter worth about $31,000. Horizon Financial Services LLC raised its holdings in Adobe by 4,000.0% during the 2nd quarter. Horizon Financial Services LLC now owns 82 shares of the software company's stock worth $32,000 after buying an additional 80 shares during the period. Total Investment Management Inc. purchased a new stake in Adobe during the second quarter valued at about $35,000. Finally, Howard Hughes Medical Institute acquired a new position in shares of Adobe in the second quarter worth about $36,000. 81.79% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CFO Daniel Durn sold 1,646 shares of the stock in a transaction 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 transaction, the chief financial officer owned 41,995 shares in the company, valued at $12,382,225.75. This represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.16% of the stock is owned by corporate insiders.

Adobe News Summary

• Adobe Launches Premiere Pro on iPhone, Upside Ahead?

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe reversed its decision to discontinue Adobe Animate and moved the app to maintenance mode after heavy creator backlash — a move that removes a key PR overhang and reduces the risk of customer churn in creative communities. After backlash, Adobe cancels Adobe Animate shutdown and puts app on ‘maintenance mode’
• Positive Sentiment: An analyst action: Piper Sandler moved Adobe to a "hold" rating, which supports the argument that sellside views are stabilizing after the stock's large decline. This is modestly supportive for near-term sentiment. Zacks / TickerReport coverage of Piper Sandler upgrade
• Positive Sentiment: Some outlets highlight a bull case and recent session gains (coverage noting intraday upticks), reflecting that selective buyers are viewing the recent pullback as a buying opportunity. Adobe Systems (ADBE) Increases Despite Market Slip
• Neutral Sentiment: Analyst surveys note Adobe has underperformed the market over the past year but sentiment is "cautiously optimistic" — this keeps expectations mixed and suggests analysts see recovery potential but not an imminent re-rating. Adobe Stock: Analyst Estimates & Ratings
• Neutral Sentiment: Long-form takeaways assessing whether the >50% decline since 2024 is a buying opportunity provide frameworks for investors (marketing spend up, AI strategy emphasized), but they are opinion pieces rather than new corporate developments. Adobe (ADBE) Stock: Is This 50% Drop a Buying Opportunity?
• Neutral Sentiment: A legislative note lists Adobe among companies likely to engage with major U.S. sporting events (sponsorship/promotional opportunities). This is peripheral and not an immediate earnings driver. New Bill: Senator Jacky Rosen introduces S. 3676
• Negative Sentiment: Wider software-sector selloff tied to accelerating AI competition and fresh model releases (plus new Anthropic tools) has pressured large software names, amplifying fear of AI-driven disruption and prompting sector rotation out of higher-multiple names like Adobe. Software Stocks Selloff: What's Behind the Rout?
• Negative Sentiment: Initial reports that Adobe would end Animate sparked creator outrage and likely contributed to short-term selling before the reversal — a reminder that product missteps or communication errors can meaningfully affect sentiment. Adobe Ends Animate, Abandoning Millions Of Artists Amid AI Push
• Negative Sentiment: Headline pieces summarizing why ADBE is trading down reiterate the mix of macro/sector weakness, AI competition fears, and company-specific PR noise that are keeping buyers cautious. Adobe (ADBE) stock trades down, here is why

Adobe Stock Performance

Shares of NASDAQ ADBE opened at $268.38 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00. Adobe Inc. has a one year low of $264.04 and a one year high of $465.70. The business's 50-day moving average price is $324.53 and its two-hundred day moving average price is $338.64. The company has a market capitalization of $110.17 billion, a P/E ratio of 16.06, a price-to-earnings-growth ratio of 1.06 and a beta of 1.51.

• Fundamentals Say Bet Against the Recent Adobe Downgrade

Adobe (NASDAQ:ADBE - Get Free Report) last announced its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share (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 business had revenue of $6.19 billion during the quarter, compared to analyst estimates of $6.11 billion. During the same period in the previous year, the company earned $4.81 EPS. The firm's revenue was up 10.5% on a year-over-year basis. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Analysts anticipate that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

ADBE has been the subject of several research analyst reports. Stifel Nicolaus reduced their price target on shares of Adobe from $480.00 to $450.00 and set a "buy" rating for the company in a research report on Tuesday, December 9th. Piper Sandler lowered Adobe from an "overweight" rating to a "neutral" rating and reduced their target price for the company from $470.00 to $330.00 in a report on Monday, February 2nd. Wolfe Research decreased their target price on Adobe from $450.00 to $440.00 and set an "outperform" rating for the company in a research report on Thursday, December 11th. Jefferies Financial Group lowered Adobe from a "buy" rating to a "hold" rating and dropped their price target for the company from $500.00 to $400.00 in a research report on Monday, January 5th. Finally, Barclays restated an "overweight" rating and set a $415.00 price objective on shares of Adobe in a research report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $401.13.

Get Our Latest Report on Adobe

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.

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