Adobe Inc. $ADBE Shares Sold by MainStreet Investment Advisors LLC

MainStreet Investment Advisors LLC reduced its holdings in Adobe Inc. (NASDAQ:ADBE) by 58.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,400 shares of the software company’s stock after selling 6,196 shares during the period. MainStreet Investment Advisors LLC’s holdings in Adobe were worth $1,552,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in ADBE. Transatlantique Private Wealth LLC boosted its stake in Adobe by 78.2% during the third quarter. Transatlantique Private Wealth LLC now owns 1,793 shares of the software company’s stock worth $632,000 after buying an additional 787 shares during the last quarter. Aries Wealth Management boosted its holdings in Adobe by 10.9% in the 3rd quarter. Aries Wealth Management now owns 1,767 shares of the software company’s stock valued at $623,000 after purchasing an additional 173 shares during the last quarter. Clearstead Advisors LLC grew its stake in shares of Adobe by 12.6% in the 3rd quarter. Clearstead Advisors LLC now owns 40,232 shares of the software company’s stock valued at $14,192,000 after buying an additional 4,497 shares during the period. LaFleur & Godfrey LLC grew its stake in shares of Adobe by 47.9% in the 3rd quarter. LaFleur & Godfrey LLC now owns 5,561 shares of the software company’s stock valued at $1,962,000 after buying an additional 1,800 shares during the period. Finally, Intelligence Driven Advisers LLC raised its position in shares of Adobe by 26.4% during the 3rd quarter. Intelligence Driven Advisers LLC now owns 1,675 shares of the software company’s stock valued at $591,000 after buying an additional 350 shares during the period. 81.79% of the stock is currently owned by institutional investors and hedge funds.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe’s results and forward guidance remain supportive: the company beat recent estimates, delivered strong margins and set FY26 and Q1 guidance that suggests continued cash generation and profit resilience. Reasons Why Adobe (ADBE) Offers Such Impressive Upside
• Positive Sentiment: Broader sector relief after upbeat AI-related results at other software firms (RingCentral, Five9) reduces “AI will kill SaaS” fear — a tailwind for Adobe if investors re-appraise AI as demand-enhancing rather than disruptive. Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns
• Neutral Sentiment: Figma’s strong results and Anthropic integration highlight accelerating AI adoption in design workflows — this validates the market opportunity for AI-enabled tools but also raises competitive dynamics Adobe must navigate. Figma’s Anthropic Integration Could Flip the SaaSpocalypse Script (ADBE)
• Neutral Sentiment: Several valuation and review pieces are re-focusing investor attention on Adobe’s multiples and long-term returns — helpful for longer-term thesis but not dispositive for near-term price moves. Assessing Adobe’s Valuation As Recent Share Performance Brings The Stock Back Into Focus
• Neutral Sentiment: Third‑party reviews mention Adobe alongside other software names; useful context but unlikely to move the stock on its own. Reviewing Rand Worldwide (OTCMKTS:RWWI) and Adobe (NASDAQ:ADBE)
• Neutral Sentiment: Reported short‑interest data appears inconsistent (published figures show zero shares), suggesting the short‑interest readings may be a data glitch and should be treated cautiously.
• Negative Sentiment: Unusually large put‑option activity: traders bought ~188,902 puts (a ~248% jump vs. typical daily put volume), signaling elevated hedging or outright bearish positioning that can add to downward pressure.
• Negative Sentiment: Analyst caution and recent downgrades / cautious commentary have crept into coverage as Adobe trades nearer its multi‑month lows, which can amplify selling if sentiment deteriorates. Why Wall Street Is Turning Cautious on Adobe Inc. (ADBE)

Insiders Place Their Bets

In other news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the completion of the sale, the chief financial officer owned 41,995 shares in the company, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on ADBE. Weiss Ratings raised shares of Adobe from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday. Mizuho decreased their target price on Adobe from $410.00 to $390.00 and set an “outperform” rating on the stock in a research note on Thursday, November 20th. Morgan Stanley lowered their target price on Adobe from $450.00 to $425.00 and set an “equal weight” rating for the company in a report on Thursday, December 11th. Wolfe Research cut their price target on shares of Adobe from $450.00 to $440.00 and set an “outperform” rating on the stock in a research note on Thursday, December 11th. Finally, Stifel Nicolaus reduced their price target on shares of Adobe from $480.00 to $450.00 and set a “buy” rating on the stock in a research report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $397.16.

Adobe Stock Performance

Shares of ADBE stock opened at $258.61 on Monday. The company has a market cap of $106.16 billion, a P/E ratio of 15.48, a PEG ratio of 1.02 and a beta of 1.51. The firm has a fifty day moving average price of $309.33 and a 200 day moving average price of $331.68. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53. Adobe Inc. has a 12 month low of $251.10 and a 12 month high of $453.75.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The company had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same period in the previous year, the business earned $4.81 EPS. Adobe’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. Sell-side analysts predict that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

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.