Adobe Inc. $ADBE Stock Sold by Roberts Wealth Advisors LLC

Roberts Wealth Advisors LLC decreased its holdings in Adobe Inc. (NASDAQ:ADBE) by 80.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 961 shares of the software company’s stock after selling 3,936 shares during the quarter. Roberts Wealth Advisors LLC’s holdings in Adobe were worth $231,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Womack Financial LLC raised its stake in Adobe by 10.0% during the 3rd quarter. Womack Financial LLC now owns 1,820 shares of the software company’s stock valued at $437,000 after acquiring an additional 165 shares during the last quarter. Salem Investment Counselors Inc. grew its stake in shares of Adobe by 1.7% in the 3rd quarter. Salem Investment Counselors Inc. now owns 14,417 shares of the software company’s stock valued at $3,459,000 after purchasing an additional 240 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its stake in shares of Adobe by 35.7% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 3,097 shares of the software company’s stock valued at $743,000 after purchasing an additional 815 shares during the last quarter. RHS Financial LLC increased its holdings in shares of Adobe by 5.3% in the third quarter. RHS Financial LLC now owns 3,024 shares of the software company’s stock valued at $726,000 after purchasing an additional 153 shares during the period. Finally, Affinity Capital Advisors LLC acquired a new position in shares of Adobe in the third quarter valued at approximately $255,000. Institutional investors and hedge funds own 81.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ADBE. Wells Fargo & Company cut Adobe from an “overweight” rating to an “underweight” rating and cut their price target for the stock from $270.00 to $225.00 in a research note on Monday. Stifel Nicolaus lifted their price objective on shares of Adobe from $200.00 to $225.00 and gave the company a “hold” rating in a research report on Wednesday, September 9th. UBS Group boosted their price objective on shares of Adobe from $225.00 to $255.00 and gave the company a “neutral” rating in a research note on Friday, September 11th. JPMorgan Chase & Co. dropped their price objective on shares of Adobe from $340.00 to $315.00 and set an “overweight” rating on the stock in a research note on Friday, September 11th. Finally, The Goldman Sachs Group upped their price objective on shares of Adobe from $190.00 to $200.00 and gave the stock a “sell” rating in a research report on Monday, September 14th. Nine 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 company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $283.90.

Adobe Stock Performance

NASDAQ ADBE opened at $236.28 on Wednesday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.41. The business’s 50 day moving average is $257.51 and its two-hundred day moving average is $242.84. Adobe Inc. has a 12-month low of $190.12 and a 12-month high of $363.70. The stock has a market capitalization of $91.96 billion, a price-to-earnings ratio of 12.73, a PEG ratio of 0.83 and a beta of 1.42.

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

Insider Transactions at Adobe

In other Adobe news, CAO Jillian Forusz sold 416 shares of the business’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 directly owned 3,824 shares in the company, valued at approximately $1,010,797.92. The trade was a 9.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Shantanu Narayen sold 74,500 shares of the company’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $251.56, for a total value of $18,741,220.00. Following the completion of the sale, the chief executive officer directly owned 289,224 shares in the company, valued at $72,757,189.44. This trade represents a 20.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 125,416 shares of company stock valued at $31,454,466. 0.20% of the stock is currently owned by corporate insiders.

Adobe News Summary

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe continues to receive bullish attention because it trades at a historically low earnings multiple despite record fiscal third-quarter revenue, raised guidance, more than 1 billion monthly active users, and triple-digit growth in AI-related revenue. Adobe Trades Under 10 Times Earnings
• Positive Sentiment: Adobe’s appearance in Semrush’s 2026 AI Visibility Index suggests its products and brand remain prominent across AI search platforms, potentially supporting future customer acquisition and monetization. Adobe AI Search Visibility
• Positive Sentiment: An expanded partnership with Heathrow Airport is extending Adobe’s AI agents into travel and customer-experience workflows, broadening the company’s addressable market beyond traditional creative software. Adobe Heathrow AI Partnership
• Neutral Sentiment: Reviews of free AI-coded Adobe alternatives found significant limitations, including weaker capabilities and workflow problems. However, the availability of these products reinforces concerns that improving AI tools could pressure Adobe’s subscription franchise over time. Open-Source Adobe Alternative Review
• Negative Sentiment: HSBC downgraded Adobe to Hold, citing competition from ArtCraft and other open-source creative tools. Wells Fargo previously issued a more severe Underweight rating and lowered its price target to $225, citing weakening organic growth, reduced pricing power, executive instability, and difficulty monetizing AI. Analyst Downgrades Adobe
• Negative Sentiment: Analysts and technology commentators say Adobe’s free-user strategy is showing cracks because the company did not use pricing changes to capture more value, while consumers increasingly dislike paying for Creative Cloud. The CEO handoff adds to execution uncertainty. Adobe Free-User Strategy Concerns

Adobe Profile

Adobe Inc (NASDAQ: ADBE) is a global software company that develops tools for creating, managing, delivering and analyzing digital content. Its products serve creative professionals, marketers, enterprises, students and individual consumers across a broad range of industries and geographies.

Adobe’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, Premiere Pro, InDesign and Adobe Express for graphic design, photography, video, illustration and digital content creation.