Silicon Valley Capital Partners Has $577,000 Stock Position in Adobe Inc. $ADBE

Silicon Valley Capital Partners cut its holdings in Adobe Inc. (NASDAQ:ADBE) by 53.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,492 shares of the software company’s stock after selling 1,742 shares during the quarter. Silicon Valley Capital Partners’ holdings in Adobe were worth $577,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of ADBE. 1248 Management LLC bought a new stake in shares of Adobe in the 1st quarter valued at $25,000. LSV Asset Management grew its holdings in Adobe by 350.0% in 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. Flaharty Asset Management LLC acquired a new stake in Adobe in the first quarter worth $29,000. Nexus Investment Management ULC bought a new stake in Adobe in the second quarter valued at $31,000. Finally, Horizon Financial Services LLC raised its holdings in shares of Adobe by 4,000.0% during the second quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock valued at $32,000 after purchasing an additional 80 shares during the period. 81.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on ADBE. DA Davidson restated a “buy” rating and issued a $500.00 target price on shares of Adobe in a research note on Thursday. Morgan Stanley reduced their price objective on Adobe from $450.00 to $425.00 and set an “equal weight” rating for the company in a research note on Thursday. Jefferies Financial Group cut their target price on Adobe from $590.00 to $500.00 and set a “buy” rating on the stock in a report on Thursday. Redburn Partners set a $280.00 price target on shares of Adobe in a research report on Monday, September 1st. Finally, Cowen reaffirmed a “hold” rating on shares of Adobe in a research note on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Adobe has an average rating of “Hold” and an average price target of $417.33.

Insider Activity at Adobe

In other news, CAO Jillian Forusz sold 149 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $337.88, for a total value of $50,344.12. Following the transaction, the chief accounting officer owned 3,426 shares in the company, valued at $1,157,576.88. The trade was a 4.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.16% of the stock is currently owned by corporate insiders.

Adobe Price Performance

ADBE opened at $356.43 on Monday. Adobe Inc. has a 1 year low of $311.58 and a 1 year high of $474.91. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.02. The company has a market capitalization of $149.20 billion, a price-to-earnings ratio of 21.33, a P/E/G ratio of 1.41 and a beta of 1.54. The firm’s fifty day moving average price is $336.07 and its two-hundred day moving average price is $357.10.

Adobe (NASDAQ:ADBE) last announced its earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, beating the consensus estimate of $5.40 by $0.10. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The company had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter in the prior year, the company posted $4.81 earnings per share. The firm’s revenue for the quarter 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. As a group, analysts anticipate that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

Adobe Company Profile

Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.