LOM Asset Management Ltd Trims Position in Adobe Inc. $ADBE

LOM Asset Management Ltd reduced its holdings in Adobe Inc. (NASDAQ:ADBE) by 29.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,429 shares of the software company’s stock after selling 1,832 shares during the period. LOM Asset Management Ltd’s holdings in Adobe were worth $1,562,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ADBE. Integrity Advisory Solutions LLC purchased a new position in shares of Adobe during the 3rd quarter valued at about $870,000. Crossmark Global Holdings Inc. lifted its holdings in Adobe by 5.4% in the third quarter. Crossmark Global Holdings Inc. now owns 70,347 shares of the software company’s stock valued at $24,815,000 after acquiring an additional 3,631 shares during the period. Advisory Alpha LLC boosted its position in Adobe by 49.6% in the 3rd quarter. Advisory Alpha LLC now owns 917 shares of the software company’s stock worth $322,000 after purchasing an additional 304 shares in the last quarter. Alpha Family Trust grew its stake in shares of Adobe by 12.2% during the 3rd quarter. Alpha Family Trust now owns 3,032 shares of the software company’s stock worth $1,070,000 after purchasing an additional 330 shares during the period. Finally, GW&K Investment Management LLC increased its holdings in shares of Adobe by 15.2% during the 3rd quarter. GW&K Investment Management LLC now owns 304 shares of the software company’s stock valued at $107,000 after purchasing an additional 40 shares in the last quarter. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Insider Transactions at Adobe

In other Adobe news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total transaction of $485,323.10. Following the transaction, the chief financial officer directly owned 41,995 shares of the company’s stock, valued at $12,382,225.75. The trade was a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on ADBE shares. Oppenheimer downgraded shares of Adobe from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 13th. Mizuho lowered their target price on shares of Adobe from $410.00 to $390.00 and set an “outperform” rating on the stock in a research note on Thursday, November 20th. Weiss Ratings upgraded Adobe from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, February 19th. Morgan Stanley lowered their price target on Adobe from $450.00 to $425.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 11th. Finally, BMO Capital Markets cut Adobe from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $400.00 to $375.00 in a research report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Adobe presently has an average rating of “Hold” and an average target price of $389.56.

Adobe News Roundup

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Renewed AI optimism and pre-earnings positioning are lifting the stock — coverage highlights Firefly adoption and the view that Adobe could be an AI-era incumbent rather than a casualty, helping push shares higher. Why Adobe (ADBE) Is Up 5.1%
• Positive Sentiment: Billionaire investor Michael Burry is reported to have taken a long position in ADBE, a high-profile vote of confidence that can attract speculative and value-focused buying ahead of earnings. The Billionaire Investor Who Bet Against Nvidia and Palantir Is Buying Adobe
• Positive Sentiment: Some analysts and commentators argue valuation looks attractive after the selloff (single-digit/low-teens forward multiples, strong free cash flow), prompting “buy” views that support the rally ahead of results. Adobe Q1 FY 2026 Preview: Strong Buy
• Positive Sentiment: Industry reports rank Adobe among leaders in customer data platforms and AI-driven personalization — a strategic endorsement for its enterprise positioning and cross-selling opportunities. Customer Data Platform Company Evaluation Report 2025
• Neutral Sentiment: Adobe is approaching its Q1 FY2026 report on March 12; many traders are simply repositioning ahead of guidance and AI usage metrics (a catalyst but also a risk if guidance disappoints). Adobe to Release Earnings on Thursday
• Neutral Sentiment: Barclays trimmed its price target (from $415 to $335) but kept an overweight stance — a mixed signal that reduces some upside while leaving institutional support intact. Barclays Lowers Adobe Target
• Negative Sentiment: Other broker notes trimmed targets (Jefferies, HSBC) and some pre-earnings previews suggest Adobe may lack the setup for an easy earnings “beat,” which could leave the stock vulnerable if guidance or AI monetization metrics underwhelm. Jefferies and HSBC Cut Adobe Price Targets Zacks Earnings Preview

Adobe Stock Performance

Shares of Adobe stock opened at $281.74 on Friday. Adobe Inc. has a one year low of $244.28 and a one year high of $452.51. The company has a market cap of $115.65 billion, a price-to-earnings ratio of 16.86, a PEG ratio of 1.08 and a beta of 1.53. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.00. The business’s 50 day moving average price is $293.06 and its 200 day moving average price is $326.81.

Adobe (NASDAQ:ADBE) last issued its earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The company had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $6.11 billion. During the same period in the prior year, the business earned $4.81 EPS. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. On average, research analysts predict that Adobe Inc. will post 16.65 EPS for the current year.

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.