Adobe Inc. $ADBE Position Raised by Quintet Private Bank Europe S.A.

Quintet Private Bank Europe S.A. lifted its stake in Adobe Inc. (NASDAQ:ADBE) by 87.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,497 shares of the software company’s stock after purchasing an additional 6,756 shares during the quarter. Quintet Private Bank Europe S.A.’s holdings in Adobe were worth $3,478,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Security National Bank of Sioux City Iowa IA purchased a new stake in shares of Adobe in the second quarter worth approximately $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Adobe in the second quarter worth $28,000. North Point Portfolio Managers Corp OH bought a new stake in shares of Adobe during the third quarter worth $30,000. Sankala Group LLC bought a new stake in shares of Adobe during the fourth quarter worth $31,000. Finally, Bard Associates Inc. bought a new position in shares of Adobe in the second quarter worth about $31,000. 81.79% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Shantanu Narayen sold 50,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $249.57, for a total value of $12,603,285.00. Following the transaction, the chief executive officer owned 238,724 shares in the company, valued at $59,578,348.68. This trade represents a 17.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Jillian Forusz sold 416 shares of Adobe stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total value of $109,961.28. Following the completion of the sale, the chief accounting officer directly owned 3,824 shares in the company, valued at $1,010,797.92. This represents a 9.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 125,416 shares of company stock worth $31,454,466. 0.20% of the stock is currently owned by insiders.

Adobe Price Performance

Shares of Adobe stock traded up $3.52 on Thursday, hitting $236.29. The company’s stock had a trading volume of 1,883,057 shares, compared to its average volume of 5,731,779. The company has a market capitalization of $91.97 billion, a price-to-earnings ratio of 13.21, a price-to-earnings-growth ratio of 0.83 and a beta of 1.42. Adobe Inc. has a 1 year low of $190.12 and a 1 year high of $363.70. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.77 and a current ratio of 0.77. The firm has a fifty day moving average price of $258.50 and a 200-day moving average price of $242.93.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings data on Thursday, September 10th. The software company reported $6.13 earnings per share for the quarter, topping analysts’ consensus estimates of $6.08 by $0.05. Adobe had a net margin of 28.05% and a return on equity of 65.65%. The company had revenue of $6.76 billion during the quarter, compared to analysts’ expectations of $6.69 billion. During the same period in the prior year, the business posted $5.31 earnings per share. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. As a group, sell-side analysts anticipate that Adobe Inc. will post 20.01 earnings per share for the current fiscal year.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe’s stock is showing relative strength, with technical momentum and potential support near recent lows helping attract buyers even as the broader market declines. What’s Going On With Adobe Stock Thursday?
• Positive Sentiment: Adobe’s partnership with the National Hockey League makes it the league’s official creative, marketing and AI partner, giving its Creative Cloud, customer-experience tools and Firefly products exposure to a global audience of more than 200 million fans. The deal adds a potential marketing and customer-acquisition catalyst while the stock remains significantly below its prior highs. Adobe Joins The NHL, Is The Stock Cheap Following The Deal?
• Positive Sentiment: Analysts highlighting Adobe’s cash generation, high margins and double-digit revenue growth argue that the company’s valuation may already reflect substantial AI-related concerns. The bullish case is that Adobe can benefit from AI adoption rather than lose market share to it. Adobe: AI Doesn’t Have To Lose For The Stock To Win
• Neutral Sentiment: The U.S. Labor Department suspended Adobe from the Permanent Labor Certification program, alongside Microsoft and several consulting firms, as the administration investigates alleged fraud. The action could complicate hiring and permanent-residency processes for skilled foreign workers, although the reports do not provide details of any Adobe-specific wrongdoing. U.S. suspends Microsoft, Adobe from green-card labor program
• Negative Sentiment: Investors remain concerned that growth is slowing, that some recent gains may reflect acquired revenue, and that Adobe’s AI competition could pressure its core franchises. The upcoming CEO transition, with Anil Chakravarthy taking over from Shantanu Narayen on December 1, adds another execution risk. Adobe shares slide as investors digest softer growth concerns
• Negative Sentiment: Recent insider activity has been entirely selling, including substantial sales by Narayen, while more institutions reduced positions than added them in the latest quarter. Those signals may reinforce investor caution despite Adobe’s solid earnings and raised outlook.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ADBE shares. Stifel Nicolaus raised their target price on shares of Adobe from $200.00 to $225.00 and gave the stock a “hold” rating in a research report on Wednesday, September 9th. Morgan Stanley restated an “underweight” rating on shares of Adobe in a report on Friday, September 11th. Citizens Jmp reiterated a “market perform” rating on shares of Adobe in a report on Friday, September 11th. DA Davidson upped their price target on shares of Adobe from $250.00 to $290.00 and gave the stock a “buy” rating in a research report on Monday, September 14th. Finally, BMO Capital Markets increased their target price on Adobe from $230.00 to $270.00 and gave the company a “market perform” rating in a research report on Friday, September 11th. Seven investment analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $282.68.

Adobe Profile

Adobe Inc (NASDAQ: ADBE) is a global software company that develops tools for creating, managing, delivering and analyzing digital content. Its products serve creative professionals, marketers, enterprises, students and individual consumers across a broad range of industries and geographies.

Adobe’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, Premiere Pro, InDesign and Adobe Express for graphic design, photography, video, illustration and digital content creation.