Roberts Wealth Advisors LLC Cuts Stock Holdings in Adobe Inc. $ADBE

Roberts Wealth Advisors LLC lowered its holdings in Adobe Inc. (NASDAQ:ADBE) by 35.2% in the 4th quarter, HoldingsChannel reports. The firm owned 5,535 shares of the software company’s stock after selling 3,002 shares during the quarter. Roberts Wealth Advisors LLC’s holdings in Adobe were worth $1,937,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of ADBE. NerdWallet Wealth Partners LLC bought a new position in Adobe in the fourth quarter worth approximately $279,000. National Wealth Management Group LLC lifted its holdings in Adobe by 137.5% during the fourth quarter. National Wealth Management Group LLC now owns 1,760 shares of the software company’s stock worth $616,000 after buying an additional 1,019 shares during the period. Sax Wealth Advisors LLC boosted its position in Adobe by 11.2% during the 4th quarter. Sax Wealth Advisors LLC now owns 653 shares of the software company’s stock valued at $229,000 after acquiring an additional 66 shares in the last quarter. Czech National Bank increased its holdings in shares of Adobe by 2.5% in the 4th quarter. Czech National Bank now owns 110,379 shares of the software company’s stock valued at $38,632,000 after acquiring an additional 2,641 shares during the period. Finally, Beacon Financial Strategies CORP purchased a new position in shares of Adobe in the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Insider Buying and Selling

In related news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the completion of the sale, the chief financial officer directly owned 41,995 shares in the company, valued at $12,382,225.75. This trade represents a 3.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is owned by company insiders.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Strategic AI partnership with NVIDIA positions Adobe to accelerate generative-AI content creation and marketing automation, which could expand product moat and revenue upside from Firefly and marketing suites. Adobe (ADBE)-NVIDIA Alliance Targets Next Wave of AI Content Creation
• Positive Sentiment: Adobe is acquiring Semrush for ~$1.9B and linking that deal to its NVIDIA work—this accelerates Adobe’s push into AI-driven marketing, search and analytics, diversifying growth beyond creative tools. Adobe Links Semrush Deal And NVIDIA Alliance To AI Marketing Future
• Positive Sentiment: Q1 results beat consensus on both revenue ($6.40B) and EPS ($6.06); Adobe also has a large $25B buyback program and healthy free cash flow—factors that support valuations and potential per‑share upside. Adobe (ADBE) Reports Strong Earnings Despite Leadership Transition Concern
• Positive Sentiment: Analyst and momentum coverage highlights Adobe as a momentum/value candidate for some investors given lower price levels and long-term AI opportunities. Here’s Why Adobe Systems (ADBE) is a Strong Momentum Stock
• Neutral Sentiment: Telestream announced tighter integration with Adobe-centric pipelines and workflow automation—incremental product ecosystem wins that may help enterprise adoption but are not transformational alone. Telestream Unlocks Adobe-Centric Media Pipeline and Streamlined Workflow Automation
• Neutral Sentiment: Marketing promotions (50% Firefly offers) and product growth (Firefly ARR gains referenced in social summaries) support adoption but are short‑term demand drivers. Turn images into video and save 50% for 12 months with Adobe Firefly
• Neutral Sentiment: Talent moves — a former Adobe architect joined NeutronX — are notable industry signals but have limited direct impact on Adobe’s near-term financials. NeutronX Appoints Former Adobe Enterprise Architect
• Negative Sentiment: Investor litigation/investigation alert from Scott+Scott targets Adobe’s directors and officers for alleged fiduciary breaches—adds legal/overhang risk and can pressure sentiment if escalated. ADOBE, INC. INVESTOR ALERT: Scott+Scott Investigates Adobe Directors and Officers
• Negative Sentiment: CEO Shantanu Narayen’s announced transition continues to weigh on sentiment and has prompted analyst resets; leadership uncertainty is cited repeatedly as the main near-term driver of share weakness despite solid earnings. Adobe Stock (ADBE) Opinions on Earnings and CEO Transition
• Negative Sentiment: Broader software‑sector selling and competitive threats from new browser/AI tools (e.g., Claude and free AI generators) are cited as additional negative pressure on Adobe’s multiples and growth expectations. Adobe (ADBE) Reports Strong Earnings Despite Leadership Transition Concern

Adobe Trading Down 0.7%

Adobe stock opened at $237.25 on Thursday. The stock has a 50-day moving average of $270.87 and a two-hundred day moving average of $317.11. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.00 and a current ratio of 0.91. Adobe Inc. has a one year low of $233.79 and a one year high of $422.95. The stock has a market cap of $97.39 billion, a PE ratio of 13.82, a price-to-earnings-growth ratio of 0.93 and a beta of 1.53.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share for the quarter, topping analysts’ consensus estimates of $5.87 by $0.19. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The business had revenue of $6.40 billion for the quarter, compared to analyst estimates of $6.28 billion. During the same quarter in the previous year, the firm earned $5.08 earnings per share. The company’s revenue was up 12.0% on a year-over-year basis. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. On average, research analysts anticipate that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Wall Street Zen upgraded Adobe from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Oppenheimer reiterated a “market perform” rating on shares of Adobe in a research note on Friday, March 13th. Sanford C. Bernstein set a $447.00 target price on shares of Adobe and gave the stock an “outperform” rating in a report on Friday, March 13th. Robert W. Baird set a $350.00 price target on shares of Adobe in a research report on Wednesday, January 14th. Finally, Argus restated a “hold” rating on shares of Adobe in a report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, Adobe currently has an average rating of “Hold” and a consensus target price of $343.88.

Adobe Company 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.