Eurizon Capital SGR S.p.A. Buys Shares of 208,420 Adobe Inc. $ADBE

Eurizon Capital SGR S.p.A. bought a new stake in Adobe Inc. (NASDAQ:ADBE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 208,420 shares of the software company’s stock, valued at approximately $73,049,000.

Other institutional investors have also recently bought and sold shares of the company. Western Pacific Wealth Management LP bought a new stake in Adobe in the 4th quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC bought a new stake in Adobe in the 3rd quarter valued at approximately $26,000. KERR FINANCIAL PLANNING Corp bought a new stake in Adobe in the 3rd quarter valued at approximately $27,000. Caitlin John LLC bought a new stake in Adobe in the 3rd quarter valued at approximately $28,000. Finally, Beacon Financial Strategies CORP bought a new stake in Adobe in the 4th quarter valued at approximately $28,000. Institutional investors own 81.79% of the company’s stock.

Insider Activity at Adobe

In other news, CEO Shantanu Narayen sold 75,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $243.54, for a total value of $18,265,500.00. Following the completion of the sale, the chief executive officer directly owned 359,538 shares of the company’s stock, valued at $87,561,884.52. This trade represents a 17.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Jillian Forusz sold 755 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $246.25, for a total value of $185,918.75. Following the completion of the sale, the chief accounting officer directly owned 3,521 shares of the company’s stock, valued at approximately $867,046.25. The trade was a 17.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 77,091 shares of company stock valued at $18,782,773. Insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ADBE shares. DA Davidson set a $300.00 target price on Adobe in a research note on Friday, March 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Adobe in a research note on Friday, March 13th. Argus reissued a “hold” rating on shares of Adobe in a research report on Monday, March 16th. JPMorgan Chase & Co. reduced their price target on Adobe from $520.00 to $420.00 and set an “overweight” rating for the company in a research report on Friday, March 13th. Finally, Oppenheimer reissued a “market perform” rating on shares of Adobe in a research report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $338.15.

Adobe News Roundup

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe is seeing renewed buying ahead of its expected June 11 earnings release, with investors likely adjusting positions and leaning into a valuation rebound after a prolonged reset in software stocks. Adobe shares rise as investors position ahead of next earnings and lean into a valuation rebound
• Positive Sentiment: Recent commentary highlighted Adobe’s AI strategy, including AI agents and Acrobat becoming more of an AI workspace, which supports the view that Adobe can adapt its products to new workflows and defend its enterprise software franchise. Adobe Acrobat Studio review: Acrobat becomes an AI workspace
• Positive Sentiment: Adobe Analytics was named a “Champion” in Info-Tech Research Group’s 2026 Digital Analytics Data Quadrant, reinforcing the strength of Adobe’s analytics and customer-experience products. Top Digital Analytics Platforms Named 2026 Champions in Info-Tech Research Group’s Data Quadrant Report

Adobe Stock Performance

Shares of NASDAQ ADBE opened at $259.21 on Friday. The stock has a 50 day moving average price of $244.11 and a 200 day moving average price of $284.39. Adobe Inc. has a 52 week low of $224.13 and a 52 week high of $421.48. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a market capitalization of $104.77 billion, a PE ratio of 15.10, a price-to-earnings-growth ratio of 0.94 and a beta of 1.42.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 EPS for the quarter, beating the consensus estimate of $5.87 by $0.19. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The firm had revenue of $6.40 billion during the quarter, compared to analysts’ expectations of $6.28 billion. During the same period in the prior year, the firm posted $5.08 earnings per share. The business’s quarterly revenue was up 12.0% compared to the same quarter last year. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Analysts predict that Adobe Inc. will post 19.14 earnings per share for the current fiscal year.

Adobe announced that its board has initiated a share buyback plan on Tuesday, April 21st that allows the company to repurchase $25.00 billion in shares. This repurchase authorization allows the software company to repurchase up to 24.9% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

About Adobe

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.