Integral Investment Advisors Inc. Has $2.20 Million Stock Position in Adobe Inc. $ADBE

Integral Investment Advisors Inc. grew its holdings in Adobe Inc. (NASDAQ:ADBE) by 124.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,040 shares of the software company’s stock after acquiring an additional 5,013 shares during the quarter. Integral Investment Advisors Inc.’s holdings in Adobe were worth $2,197,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Measured Wealth Private Client Group LLC acquired a new stake in Adobe in the 3rd quarter worth about $26,000. Western Pacific Wealth Management LP acquired a new position in shares of Adobe during the 4th quarter worth approximately $26,000. Beacon Financial Strategies CORP acquired a new position in shares of Adobe during the 4th quarter worth approximately $28,000. TrustBank bought a new position in shares of Adobe during the fourth quarter worth approximately $28,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of Adobe during the third quarter worth approximately $27,000. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: HSBC upgraded Adobe to Buy and said AI concerns have created an overly pessimistic valuation, helping fuel a rally in the stock. This Adobe analyst is going against the grain by telling investors to buy the stock
• Positive Sentiment: Adobe is expanding its AI push with Firefly Foundry and a broader freemium funnel, which could increase adoption of its creative tools and support longer-term growth. Adobe (ADBE) Launches Firefly Foundry As It Pushes AI Tools To More Users
• Positive Sentiment: An insider reportedly increased his Adobe stake by 130%, signaling internal confidence in the company’s turnaround and AI strategy. 1 Adobe Insider Just Boosted His Stake by 130%. Why He Is Betting Big on ADBE Right Now.
• Neutral Sentiment: Several articles highlighted Adobe as a long-term value or “best SaaS stock” idea, but these were largely opinion pieces rather than new fundamental updates. Why Adobe Systems (ADBE) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Commentary from analysts and investors continued to debate whether Adobe’s growth is slowing or whether the market is underestimating its resilience against AI disruption. Analyst Sees Slower Growth Tempering Outlook for Adobe (ADBE)
• Negative Sentiment: Phillip Securities downgraded Adobe to Neutral from Buy and cut its price target sharply, reflecting concern that growth may slow even as legacy software remains durable. Analyst Sees Slower Growth Tempering Outlook for Adobe (ADBE)

Analyst Upgrades and Downgrades

ADBE has been the subject of several recent research reports. Citigroup reiterated a “market perform” rating on shares of Adobe in a research note on Friday, June 12th. Royal Bank Of Canada dropped their price objective on Adobe from $350.00 to $285.00 and set an “outperform” rating for the company in a report on Monday, June 8th. The Goldman Sachs Group cut their target price on Adobe from $220.00 to $190.00 and set a “sell” rating for the company in a research report on Friday, June 12th. KeyCorp reduced their target price on Adobe from $235.00 to $195.00 and set an “underweight” rating on the stock in a report on Friday, June 12th. Finally, Jefferies Financial Group decreased their price target on Adobe from $290.00 to $230.00 and set a “hold” rating on the stock in a research report on Friday, June 12th. Six equities research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $278.40.

Insiders Place Their Bets

In other Adobe news, CEO Shantanu Narayen sold 75,000 shares of Adobe stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $243.54, for a total value of $18,265,500.00. Following the transaction, the chief executive officer owned 359,538 shares in the company, valued at $87,561,884.52. The trade was a 17.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director David A. Ricks bought 10,000 shares of the stock in a transaction on Thursday, June 25th. The shares were acquired at an average cost of $194.51 per share, with a total value of $1,945,100.00. Following the purchase, the director owned 17,655 shares of the company’s stock, valued at approximately $3,434,074.05. This represents a 130.63% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 77,091 shares of company stock worth $18,782,773 over the last 90 days. Corporate insiders own 0.20% of the company’s stock.

Adobe Stock Performance

NASDAQ ADBE opened at $219.72 on Friday. The firm’s 50 day simple moving average is $232.91 and its 200 day simple moving average is $265.14. The firm has a market capitalization of $87.34 billion, a price-to-earnings ratio of 12.57, a P/E/G ratio of 0.77 and a beta of 1.43. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. Adobe Inc. has a 1 year low of $190.12 and a 1 year high of $386.60.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Thursday, June 11th. The software company reported $5.96 EPS for the quarter, beating 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 business had revenue of $6.62 billion during the quarter, compared to the consensus estimate of $6.45 billion. During the same period in the previous year, the business earned $5.06 earnings per share. The company’s 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. As a group, research analysts expect that Adobe Inc. will post 19.8 earnings per share for the current fiscal year.

Adobe declared that its board has initiated a share buyback program on Tuesday, April 21st that authorizes the company to buyback $25.00 billion in shares. This buyback authorization authorizes the software company to repurchase up to 24.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Adobe Company 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.