Three Seasons Wealth LLC Grows Stock Holdings in Adobe Inc. $ADBE

Three Seasons Wealth LLC grew its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 79.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,901 shares of the software company’s stock after purchasing an additional 2,170 shares during the quarter. Three Seasons Wealth LLC’s holdings in Adobe were worth $1,715,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in Adobe in the 3rd quarter worth about $26,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Adobe during the 3rd quarter worth about $27,000. Caitlin John LLC acquired a new stake in shares of Adobe in the third quarter worth approximately $28,000. Beacon Financial Strategies CORP acquired a new stake in shares of Adobe in the fourth quarter worth approximately $28,000. Finally, Chesapeake Asset Management LLC purchased a new stake in Adobe in the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

Insider Activity

In related news, CFO Daniel Durn sold 1,646 shares of the business’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total value of $485,323.10. Following the transaction, the chief financial officer owned 41,995 shares in the company, valued at approximately $12,382,225.75. The trade was a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.20% of the company’s stock.

Adobe Trading Up 0.8%

NASDAQ ADBE opened at $243.08 on Wednesday. The stock has a market cap of $98.25 billion, a P/E ratio of 14.16, a PEG ratio of 0.94 and a beta of 1.53. The company’s fifty day simple moving average is $266.33 and its 200-day simple moving average is $313.69. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.47. Adobe Inc. has a 52 week low of $233.15 and a 52 week high of $422.95.

Adobe (NASDAQ:ADBE) last released its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.87 by $0.19. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The firm had revenue of $6.40 billion for the quarter, compared to the consensus estimate of $6.28 billion. During the same quarter in the previous year, the firm posted $5.08 EPS. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. Equities research analysts predict that Adobe Inc. will post 16.65 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ADBE shares. Morgan Stanley decreased their price target on shares of Adobe from $425.00 to $365.00 and set an “equal weight” rating on the stock in a report on Friday, March 13th. Oppenheimer reiterated a “market perform” rating on shares of Adobe in a report on Friday, March 13th. Barclays downgraded Adobe from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $335.00 to $275.00 in a report on Friday, March 13th. TD Cowen decreased their target price on Adobe from $400.00 to $325.00 and set a “hold” rating for the company in a report on Tuesday, March 10th. Finally, The Goldman Sachs Group reduced their price target on shares of Adobe from $290.00 to $220.00 and set a “sell” rating on the stock in a research report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fourteen 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 an average price target of $343.88.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Firefly custom AI models: Adobe highlighted custom AI model capabilities in Firefly that let creatives and enterprises build branded, controllable generative models — a competitive advantage for enterprise AI workflows and monetization of content/brand-safe models. What makes Adobe Firefly’s custom AI models so exciting for creatives
• Positive Sentiment: Product innovation — Illustrator AI features: Adobe rolled out an Illustrator “Turntable” feature and AI tools to rotate 2D vectors in 3D space, strengthening its Creative Cloud value proposition and stickiness for professional users. Adobe Illustrator can now use AI to rotate 2D vectors in 3D space
• Positive Sentiment: International advisory hire: Former Airtel CEO Manoj Kohli joined Adobe’s international advisory board, signaling focus on global expansion and partnerships in key emerging markets — supportive for enterprise and emerging?market growth strategies. Former Airtel CEO Manoj Kohli joins Adobe international advisory board
• Neutral Sentiment: Analyst/coverage attention: Zacks and other outlets are featuring Adobe in investment idea pieces and watchers’ lists — raises visibility but not immediate fundamental change. Zacks Investment Ideas feature highlights Adobe’s and Microsoft
• Neutral Sentiment: Market sentiment lift: Adobe was among several tech names that jumped in a session tied to improved geopolitical talks — a short?term sentiment boost rather than company?specific news. Adobe, Paycom, Pegasystems, Salesforce, and Box Shares Are Soaring, What You Need To Know
• Negative Sentiment: UK CMA probe into subscription cancellations: The Competition and Markets Authority opened an inquiry into Adobe’s early cancellation costs and subscription practices, which introduces regulatory and reputational risk and could force policy or pricing changes. Adobe Faces CMA Probe As Subscription Model And Valuation Come Into Focus

Adobe Company Profile

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.