Adobe Inc. $ADBE Stock Sold by Quadrant Capital Group LLC

Quadrant Capital Group LLC lowered its holdings in Adobe Inc. (NASDAQ:ADBE) by 54.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,698 shares of the software company’s stock after selling 7,941 shares during the period. Quadrant Capital Group LLC’s holdings in Adobe were worth $1,583,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in Adobe in the 2nd quarter valued at approximately $8,437,821,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Adobe by 9.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 6,792,275 shares of the software company’s stock worth $1,651,066,000 after acquiring an additional 563,772 shares in the last quarter. Amundi increased its position in shares of Adobe by 1.1% during the first quarter. Amundi now owns 4,724,102 shares of the software company’s stock worth $1,148,335,000 after acquiring an additional 53,424 shares during the period. Primecap Management Co. CA purchased a new stake in shares of Adobe during the second quarter worth $1,071,668,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Adobe by 0.4% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,045,547 shares of the software company’s stock worth $1,034,438,000 after acquiring an additional 18,995 shares during the period. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe’s expanded AI relationship with NVIDIA is supporting expectations for faster creative workflows and broader adoption of AI-powered features across its Creative Cloud and enterprise products. The company has also announced AI-focused customer-experience partnerships with Heathrow Airport and BWT Alpine Formula One Team. Adobe Deepens AI Partnerships
• Positive Sentiment: The BWT Alpine agreement names Adobe the team’s Official AI Fan Experience Partner, providing a visible commercial use case for personalized digital experiences and potentially strengthening Adobe’s AI brand. Adobe and BWT Alpine Partnership
• Positive Sentiment: Investors are emphasizing Adobe’s relatively depressed valuation, recurring-revenue buildup and long-term value potential. Analysts also point to the expanding digital-signature market, where Adobe’s Acrobat and Document Cloud products are established participants. Adobe Deep Value Amid Continued ARR Buildup
• Neutral Sentiment: The rebound appears driven partly by sector positioning rather than a new earnings report: investors are selectively buying software companies that had been hurt by fears that generative AI could reduce demand for traditional applications. Adobe’s shares remain well below their 52-week high, leaving room for a valuation-driven recovery but also signaling unresolved concerns. Adobe and Software Stock Rebound
• Negative Sentiment: Risks remain from AI-native tools such as Claude and Gemini, which could challenge Adobe’s app-based model and pressure growth. The stock has also lagged the broader market over longer periods, so investors will likely need evidence that AI monetization can accelerate revenue and recurring annual revenue growth. Adobe App-less AI Competition

Adobe Trading Up 6.1%

Shares of NASDAQ:ADBE opened at $270.55 on Friday. Adobe Inc. has a 52 week low of $190.12 and a 52 week high of $363.70. The company’s 50 day moving average is $255.84 and its two-hundred day moving average is $243.40. 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 company has a market cap of $105.30 billion, a PE ratio of 15.10, a P/E/G ratio of 0.89 and a beta of 1.42.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Thursday, September 10th. The software company reported $6.13 earnings per share for the quarter, beating analysts’ consensus estimates of $6.08 by $0.05. The business had revenue of $6.76 billion for the quarter, compared to analyst estimates of $6.69 billion. Adobe had a net margin of 28.05% and a return on equity of 65.65%. The company’s revenue was up 12.9% on a year-over-year basis. During the same period last year, the business 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. Equities analysts predict that Adobe Inc. will post 20.01 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on ADBE shares. CLSA began coverage on Adobe in a research note on Monday, July 20th. They issued an “outperform” rating and a $300.00 price objective on the stock. Bank of America boosted their target price on Adobe from $190.00 to $220.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 19th. Stifel Nicolaus upped their price target on Adobe from $200.00 to $225.00 and gave the stock a “hold” rating in a report on Wednesday, September 9th. Sanford C. Bernstein reduced their price target on Adobe from $379.00 to $373.00 and set an “outperform” rating on the stock in a research report on Friday, September 11th. Finally, DA Davidson increased their price target on Adobe from $250.00 to $290.00 and gave the company a “buy” rating in a research report on Monday, September 14th. Nine investment analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and seven have assigned a Sell rating to the stock. According to MarketBeat, Adobe has a consensus rating of “Hold” and a consensus target price of $283.90.

Insiders Place Their Bets

In other Adobe news, CEO Shantanu Narayen sold 50,500 shares of the firm’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $249.57, for a total value of $12,603,285.00. Following the sale, the chief executive officer directly owned 238,724 shares in the company, valued at $59,578,348.68. This trade represents a 17.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Jillian Forusz sold 416 shares of Adobe stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total value of $109,961.28. Following the sale, the chief accounting officer directly owned 3,824 shares of the company’s stock, valued at $1,010,797.92. This trade represents a 9.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 125,416 shares of company stock worth $31,454,466. 0.20% of the stock is owned by insiders.

Adobe Company Profile

Adobe Inc is a global software company that develops digital tools for creative professionals, businesses, marketers, and individual users. Its products help customers create, edit, publish, manage, and measure digital content across websites, mobile applications, documents, and other media.

The company’s Creative Cloud portfolio includes applications such as Photoshop, Illustrator, InDesign, Premiere Pro, and Acrobat. Adobe also offers Document Cloud, which provides tools for creating, editing, sharing, signing, and managing digital documents, and Experience Cloud, a suite of solutions for digital marketing, analytics, commerce, customer journeys, and content management.