Roffman Miller Associates Inc. PA Decreases Stock Position in Adobe Inc. $ADBE

Roffman Miller Associates Inc. PA cut its holdings in Adobe Inc. (NASDAQ:ADBE) by 5.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 42,306 shares of the software company’s stock after selling 2,380 shares during the quarter. Roffman Miller Associates Inc. PA’s holdings in Adobe were worth $14,807,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in ADBE. Measured Wealth Private Client Group LLC acquired a new position in Adobe in the 3rd quarter valued at about $26,000. KERR FINANCIAL PLANNING Corp acquired a new position in Adobe in the 3rd quarter valued at about $27,000. Caitlin John LLC acquired a new position in Adobe in the 3rd quarter valued at about $28,000. Beacon Financial Strategies CORP acquired a new position in Adobe in the 4th quarter valued at about $28,000. Finally, Marquette Asset Management LLC raised its stake in Adobe by 72.3% in the 4th quarter. Marquette Asset Management LLC now owns 81 shares of the software company’s stock valued at $28,000 after purchasing an additional 34 shares during the last quarter. 81.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of the company’s 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 completion of the transaction, the chief financial officer owned 41,995 shares of the company’s stock, valued at $12,382,225.75. This represents a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.20% of the stock is currently owned by corporate insiders.

Key Stories Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe launched free AI-powered student tools (Acrobat/Student Spaces), expanding its consumer touchpoints and widening its funnel for future paid upgrades and ecosystem lock-in. Adobe launches Acrobat Spaces, a free AI-powered study tool for students
• Positive Sentiment: Adobe’s BPC (Digital Media) segment is growing from AI features and user expansion (cited ~850M users), supporting longer-term revenue upside if Adobe can monetize broader engagement. Adobe’s BPC Segment Grows From AI and User Expansion: What’s Ahead?
• Positive Sentiment: Coverage highlighting Adobe “thriving in the AI landscape” reinforces the narrative that Adobe’s AI-infused tools can drive product differentiation and monetization over time. Adobe (ADBE) is Thriving in the AI Landscape
• Neutral Sentiment: Leadership transition risk: reports about CEO Shantanu Narayen’s planned retirement and analyst reassessments inject succession uncertainty—could be managed well but increases near-term investor scrutiny. Leadership Shift And AI Rivals Might Change The Case For Investing In Adobe (ADBE)
• Negative Sentiment: Security incident: researcher reports a zero-day in Adobe Reader exploited via malicious PDFs since Dec 2025 — a reputational and operational headwind that could require urgent remediation and heighten enterprise caution. Adobe Reader Zero-Day Exploited for Months: Researcher
• Negative Sentiment: Sector rotation risk: CNBC’s Jim Cramer flagged a renewed “buy hardware, sell software” dynamic where infrastructure/AI-infrastructure names are outperforming traditional software — a headwind to software multiples including Adobe. Cramer explains the divergence in tech stocks – and why software may continue to lag

Adobe Trading Down 3.9%

NASDAQ ADBE opened at $229.94 on Friday. Adobe Inc. has a 12 month low of $227.70 and a 12 month high of $422.95. The company has a 50-day moving average of $258.18 and a 200-day moving average of $308.54. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market cap of $92.94 billion, a P/E ratio of 13.39, a P/E/G ratio of 0.93 and a beta of 1.52.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings data on Thursday, March 12th. The software company reported $6.06 EPS for the quarter, beating analysts’ consensus estimates of $5.87 by $0.19. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The company had revenue of $6.40 billion during the quarter, compared to the consensus estimate of $6.28 billion. During the same quarter in the prior year, the company posted $5.08 EPS. The company’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. As a group, equities analysts predict that Adobe Inc. will post 16.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ADBE shares. The Goldman Sachs Group cut their target price on shares of Adobe from $290.00 to $220.00 and set a “sell” rating for the company in a research note on Friday, March 13th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Adobe in a research note on Friday, March 13th. DA Davidson set a $300.00 target price on shares of Adobe in a research note on Friday, March 13th. JPMorgan Chase & Co. cut their target price on shares of Adobe from $520.00 to $420.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. Finally, BMO Capital Markets cut their target price on shares of Adobe from $375.00 to $285.00 and set a “market perform” rating for the company in a research note on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fourteen have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Adobe presently has an average rating of “Hold” and an average target price of $343.88.

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.