Adobe Inc. $ADBE Stake Lifted by Chemistry Wealth Management LLC

Chemistry Wealth Management LLC increased its position in shares of Adobe Inc. (NASDAQ:ADBE) by 236.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 6,071 shares of the software company’s stock after buying an additional 4,268 shares during the quarter. Chemistry Wealth Management LLC’s holdings in Adobe were worth $1,457,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Meridian Management Co. increased its position in shares of Adobe by 0.3% during the 1st quarter. Meridian Management Co. now owns 15,241 shares of the software company’s stock valued at $3,705,000 after purchasing an additional 44 shares during the period. Brown Shipley& Co Ltd lifted its holdings in shares of Adobe by 28.8% in the first quarter. Brown Shipley& Co Ltd now owns 197 shares of the software company’s stock valued at $48,000 after buying an additional 44 shares during the period. United Bank lifted its holdings in shares of Adobe by 1.4% in the first quarter. United Bank now owns 3,658 shares of the software company’s stock valued at $889,000 after buying an additional 49 shares during the period. Drystone LLC lifted its holdings in shares of Adobe by 0.5% in the second quarter. Drystone LLC now owns 10,420 shares of the software company’s stock valued at $2,136,000 after buying an additional 50 shares during the period. Finally, Financial Avengers Inc. boosted its stake in Adobe by 0.7% during the fourth quarter. Financial Avengers Inc. now owns 8,392 shares of the software company’s stock valued at $2,937,000 after buying an additional 57 shares in the last quarter. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Adobe

In other Adobe news, CEO Shantanu Narayen sold 50,500 shares of the firm’s stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $249.57, for a total transaction of $12,603,285.00. Following the completion of the sale, the chief executive officer directly owned 238,724 shares in the company, valued at approximately $59,578,348.68. This trade represents a 17.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Jillian Forusz sold 416 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total value of $109,961.28. Following the completion of the transaction, the chief accounting officer owned 3,824 shares in the company, valued at $1,010,797.92. This represents a 9.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In 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 insiders.

Adobe Stock Performance

Shares of ADBE opened at $245.20 on Friday. Adobe Inc. has a one year low of $190.12 and a one year high of $363.70. The company has a 50-day moving average of $256.57 and a two-hundred day moving average of $242.97. The stock has a market cap of $95.43 billion, a price-to-earnings ratio of 13.45, a PEG ratio of 0.88 and a beta of 1.42. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.77.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Thursday, September 10th. The software company reported $6.13 EPS for the quarter, beating the consensus estimate 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 net margin of 28.05% and a return on equity of 65.65%. The firm’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. On average, equities research analysts expect that Adobe Inc. will post 20.01 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Citigroup reaffirmed a “market perform” rating on shares of Adobe in a report on Friday, September 11th. CLSA began coverage on shares of Adobe in a report on Monday, July 20th. They issued an “outperform” rating and a $300.00 price target for the company. Morgan Stanley restated an “underweight” rating on shares of Adobe in a research report on Friday, September 11th. The Goldman Sachs Group lifted their price objective on shares of Adobe from $190.00 to $200.00 and gave the stock a “sell” rating in a research note on Monday, September 14th. Finally, HSBC downgraded shares of Adobe from a “buy” rating to a “hold” rating and dropped their target price for the stock from $310.00 to $267.00 in a report on Tuesday. Nine investment analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $283.90.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe and NVIDIA expanded their partnership to optimize Photoshop, Premiere, Substance 3D, Frame.io and Brand Concierge. The companies say the collaboration could make AI-powered creative workflows run up to twice as fast, strengthening Adobe’s ability to monetize agentic creation and enterprise AI adoption. Adobe and NVIDIA Expand Collaboration to Speed Agentic Creation
• Positive Sentiment: Adobe’s substantial free-cash-flow generation is attracting attention. Free cash flow over the past year equaled roughly 11.1% of its market value, supporting the view that the stock may be undervalued if the company can maintain its recurring-revenue model and profitability. Should You Buy Adobe Stock For Its Cash?
• Neutral Sentiment: The NVIDIA relationship is part of a broader wave of collaborations integrating NVIDIA chips, models and software into customer workflows. This improves Adobe’s AI infrastructure and distribution potential, but investors still need evidence that these initiatives will translate into sustained revenue growth.
• Negative Sentiment: Wall Street’s bearish stance is intensifying, with analysts increasingly questioning whether cheaper AI alternatives could replace or pressure Adobe’s creative software subscriptions. Recent price targets include several levels below the stock’s recent trading range. Adobe Stock: Wall Street’s Bearish Sentiment Is Only Getting Worse
• Negative Sentiment: Reports that AI tools can produce free copies or substitutes for Adobe functionality are reinforcing “SaaSpocalypse” concerns. In addition, reported insider activity showed selling rather than buying, adding to investor caution about the stock’s outlook. AI Can Make Free Copies of Adobe Software

Adobe Company 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.