Ownership Capital B.V. Decreases Stock Position in Adobe Inc. $ADBE

Ownership Capital B.V. lessened its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 89.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,793 shares of the software company’s stock after selling 198,377 shares during the period. Adobe accounts for approximately 4.7% of Ownership Capital B.V.’s holdings, making the stock its 12th biggest position. Ownership Capital B.V.’s holdings in Adobe were worth $8,393,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Riverbend Wealth Management LLC raised its holdings in shares of Adobe by 1.8% during the 3rd quarter. Riverbend Wealth Management LLC now owns 1,668 shares of the software company’s stock worth $588,000 after acquiring an additional 29 shares in the last quarter. FSM Wealth Advisors LLC raised its stake in Adobe by 1.1% during the second quarter. FSM Wealth Advisors LLC now owns 2,644 shares of the software company’s stock valued at $997,000 after purchasing an additional 30 shares in the last quarter. Intellus Advisors LLC lifted its position in Adobe by 1.6% during the second quarter. Intellus Advisors LLC now owns 1,860 shares of the software company’s stock valued at $720,000 after purchasing an additional 30 shares during the last quarter. Beacon Financial Advisory LLC grew its stake in shares of Adobe by 5.5% in the 3rd quarter. Beacon Financial Advisory LLC now owns 577 shares of the software company’s stock worth $204,000 after buying an additional 30 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC grew its stake in shares of Adobe by 44.9% in the 2nd quarter. Barnes Dennig Private Wealth Management LLC now owns 100 shares of the software company’s stock worth $39,000 after buying an additional 31 shares in the last quarter. 81.79% of the stock is owned by institutional investors.

Insiders Place Their Bets

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

Adobe Stock Up 1.2%

Shares of ADBE opened at $304.72 on Tuesday. The firm has a fifty day moving average price of $330.69 and a 200-day moving average price of $343.59. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $125.09 billion, a P/E ratio of 18.24, a P/E/G ratio of 1.18 and a beta of 1.53. Adobe Inc. has a 12-month low of $288.33 and a 12-month high of $465.70.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $6.11 billion. During the same quarter last year, the business posted $4.81 EPS. 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. Equities research analysts expect that Adobe Inc. will post 16.65 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on ADBE shares. DA Davidson reaffirmed a “buy” rating and issued a $500.00 price target on shares of Adobe in a report on Thursday, December 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Adobe in a research report on Monday, December 29th. Morgan Stanley decreased their price target on Adobe from $450.00 to $425.00 and set an “equal weight” rating on the stock in a report on Thursday, December 11th. Jefferies Financial Group cut shares of Adobe from a “buy” rating to a “hold” rating and cut their price objective for the company from $500.00 to $400.00 in a research report on Monday, January 5th. Finally, Mizuho lowered their target price on shares of Adobe from $410.00 to $390.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $397.19.

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.