2,424 Shares of Adobe Inc. $ADBE Purchased by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC purchased a new stake in Adobe Inc. (NASDAQ:ADBE) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,424 shares of the software company’s stock, valued at approximately $582,000.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Adobe during the 2nd quarter worth about $8,437,821,000. Arrowstreet Capital Limited Partnership grew its holdings in Adobe by 9.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 6,792,275 shares of the software company’s stock valued at $1,651,066,000 after buying an additional 563,772 shares during the last quarter. Amundi grew its holdings in Adobe by 1.1% in the 1st quarter. Amundi now owns 4,724,102 shares of the software company’s stock valued at $1,148,335,000 after buying an additional 53,424 shares during the last quarter. Primecap Management Co. CA acquired a new stake in Adobe in the 2nd quarter valued at approximately $1,071,668,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Adobe by 0.4% in the 2nd 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 buying an additional 18,995 shares during the period. 81.79% of the stock is currently owned by institutional investors.

Adobe Stock Performance

Shares of ADBE opened at $263.82 on Monday. The firm’s 50 day moving average price is $255.83 and its two-hundred day moving average price is $243.53. Adobe Inc. has a twelve month low of $190.12 and a twelve month high of $363.70. The firm has a market cap of $102.68 billion, a P/E ratio of 14.72, a PEG ratio of 0.92 and a beta of 1.42. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.77 and a current ratio of 0.77.

Adobe (NASDAQ:ADBE) last announced its quarterly earnings data on Thursday, September 10th. The software company reported $6.13 EPS for the quarter, topping 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 firm’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.31 earnings per share. 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, analysts forecast that Adobe Inc. will post 20.01 EPS for the current fiscal year.

Insider Activity

In other news, CAO Jillian Forusz sold 416 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer owned 3,824 shares in the company, valued at approximately $1,010,797.92. This trade represents a 9.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Shantanu Narayen sold 74,500 shares of Adobe stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $251.56, for a total transaction of $18,741,220.00. Following the completion of the sale, the chief executive officer owned 289,224 shares of the company’s stock, valued at $72,757,189.44. This trade represents a 20.48% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 125,416 shares of company stock worth $31,454,466. Insiders own 0.20% of the company’s stock.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe continues to benefit from high margins, substantial free cash flow, a large user base and recurring-revenue growth. Supporters argue that the stock’s relatively low valuation and continued annual recurring revenue buildup create potential for a turnaround. Adobe: Deep Value Amid Continued ARR Buildup
• Positive Sentiment: Recent AI-related partnerships, including an expanded relationship with NVIDIA and a new deal making Adobe the official AI fan-experience partner of BWT Alpine Formula One, reinforce the company’s effort to demonstrate practical uses for its AI tools and expand its brand reach. Adobe and BWT Alpine Formula One Team Partner
• Positive Sentiment: Adobe recently exceeded analysts’ quarterly EPS and revenue estimates, while management maintained fiscal 2026 earnings guidance. Those results provide fundamental support even as the share price has lagged broader technology benchmarks.
• Neutral Sentiment: Wall Street is divided: some analysts see substantial upside if Adobe converts its AI investments into monetized growth, while others remain cautious. Articles comparing Adobe with Salesforce, CrowdStrike and Arista Networks highlight that the stock’s appeal depends on an investor’s preference for valuation and profitability versus faster growth. Adobe Stock Has Been Under Pressure
• Negative Sentiment: The principal overhang is AI disruption risk. Investors remain concerned that competing tools from companies such as Anthropic and Google could reduce demand for Adobe’s traditional applications or pressure pricing through “app-less” creative workflows. Adobe: Strong Fundamentals, But AI Remains the Key Risk
• Negative Sentiment: The stock’s decline despite repeated earnings outperformance signals that investors want clearer evidence of accelerating growth and successful AI monetization before assigning Adobe a higher multiple.

Analyst Upgrades and Downgrades

ADBE has been the subject of a number of research analyst reports. BMO Capital Markets upped their price target on Adobe from $230.00 to $270.00 and gave the stock a “market perform” rating in a report on Friday, September 11th. HSBC cut shares of Adobe from a “buy” rating to a “hold” rating and cut their price target for the stock from $310.00 to $267.00 in a research note on Tuesday, October 13th. Mizuho set a $260.00 target price on shares of Adobe and gave the company a “neutral” rating in a research note on Tuesday, September 8th. The Goldman Sachs Group boosted their target price on Adobe from $190.00 to $200.00 and gave the stock a “sell” rating in a report on Monday, September 14th. Finally, Oppenheimer reissued a “market perform” rating on shares of Adobe in a report on Tuesday, September 8th. Nine equities research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $283.90.

About Adobe

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.