Skylands Capital LLC Sells 19,280 Shares of Adobe Inc. $ADBE

Skylands Capital LLC reduced its position in shares of Adobe Inc. (NASDAQ:ADBE) by 39.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 29,805 shares of the software company’s stock after selling 19,280 shares during the quarter. Skylands Capital LLC’s holdings in Adobe were worth $7,151,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in ADBE. BlackRock Inc. bought a new position in shares of Adobe in the 2nd quarter valued at about $8,437,821,000. Arrowstreet Capital Limited Partnership raised its stake in shares of Adobe by 9.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 6,792,275 shares of the software company’s stock worth $1,651,066,000 after buying an additional 563,772 shares during the last quarter. Amundi raised its stake in shares of Adobe by 11.0% during the second quarter. Amundi now owns 5,242,464 shares of the software company’s stock worth $1,074,810,000 after buying an additional 518,362 shares during the last quarter. Primecap Management Co. CA acquired a new position in Adobe in the second quarter valued at approximately $1,071,668,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Adobe by 0.4% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,045,547 shares of the software company’s stock valued at $1,034,438,000 after buying an additional 18,995 shares during the period. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CAO Jillian Forusz sold 416 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total transaction of $109,961.28. Following the sale, the chief accounting officer owned 3,824 shares of the company’s stock, valued at approximately $1,010,797.92. This trade represents a 9.81% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Shantanu Narayen sold 50,500 shares of Adobe stock in a transaction dated 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 approximately $59,578,348.68. This represents a 17.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 125,416 shares of company stock valued at $31,454,466. 0.20% of the stock is owned by corporate insiders.

Adobe Stock Down 0.7%

Shares of NASDAQ ADBE opened at $255.06 on Thursday. Adobe Inc. has a 52-week low of $190.12 and a 52-week 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 stock has a market cap of $99.27 billion, a P/E ratio of 14.23, a P/E/G ratio of 0.90 and a beta of 1.42. The firm has a 50 day moving average price of $255.84 and a 200 day moving average price of $243.20.

Adobe (NASDAQ:ADBE) last posted its earnings results on Thursday, September 10th. The software company reported $6.13 earnings per share for the quarter, topping the consensus estimate of $6.08 by $0.05. The company had revenue of $6.76 billion for the quarter, compared to analyst estimates of $6.69 billion. Adobe had a net margin of 28.05% and a return on equity of 65.65%. The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period last year, the business posted $5.31 earnings per share. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. Analysts expect that Adobe Inc. will post 20.01 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. DA Davidson raised their price objective on shares of Adobe from $250.00 to $290.00 and gave the company a “buy” rating in a research note on Monday, September 14th. Evercore set a $250.00 target price on shares of Adobe in a research report on Friday, September 11th. Citizens Jmp reissued a “market perform” rating on shares of Adobe in a research note on Friday, September 11th. The Goldman Sachs Group raised their price target on Adobe from $190.00 to $200.00 and gave the stock a “sell” rating in a research report on Monday, September 14th. Finally, Jefferies Financial Group decreased their price objective on Adobe from $285.00 to $275.00 and set a “hold” rating for the company in a research note on Friday, September 11th. Nine equities research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $283.90.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe’s expanded partnership with NVIDIA adds next-generation GPU acceleration and AI features to its creative applications, potentially improving content-creation workflows and strengthening Adobe’s enterprise AI offering. The company is also working with Heathrow Airport on AI-powered customer-experience initiatives. Adobe Deepens AI Partnerships Across Creative and Customer Experience Tools
• Positive Sentiment: The digital-signature market is forecast to grow from $17.68 billion in 2026 to $66.26 billion by 2031. Adobe’s Acrobat and document-cloud products could benefit from rising demand tied to remote work, fraud prevention and data-privacy compliance, although the report also identifies high setup costs and interoperability as constraints. Digital Signature Market Forecast to 2031
• Positive Sentiment: Some valuation-focused analysts view Adobe as a long-term value opportunity. Recent earnings also showed resilience, with earnings exceeding estimates and revenue growing year over year, while the company maintained fiscal-year earnings guidance. Why Adobe Is a Top Value Stock for the Long Term
• Neutral Sentiment: Adobe is receiving increased investor attention following its quarterly results, with market participants focused on AI monetization, future growth and whether the company’s relatively low valuation adequately reflects those risks and opportunities. Adobe Buy, Sell, or Hold Post Q3 Earnings
• Neutral Sentiment: Adobe gained support in broader software trading as Salesforce retreated after announcing its major Braze acquisition, though this relative strength does not address Adobe’s own growth concerns. Salesforce Retreats After Braze Deal
• Negative Sentiment: Wells Fargo downgraded Adobe from Overweight to Underweight, adding direct analyst pressure and reinforcing concerns about slowing growth and competitive risks. Wells Fargo Downgrades Adobe
• Negative Sentiment: Commentary continues to question whether generative AI will weaken Adobe’s pricing power or make creative tools easier to replace. Adobe is identified as one of the software companies facing the most difficult structural questions as AI spending expands. The AI Buildout Is Only 15% Complete

Adobe Profile

Adobe Inc is a global software company that develops digital tools for creative professionals, businesses, marketers, and individual users. Its products help customers create, edit, publish, manage, and measure digital content across websites, mobile applications, documents, and other media.

The company’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, InDesign, Premiere Pro, and Acrobat. Adobe also offers Document Cloud, which provides tools for creating, editing, sharing, signing, and managing digital documents, and Experience Cloud, a suite of solutions for digital marketing, analytics, commerce, customer journeys, and content management.