Adobe Inc. $ADBE Shares Sold by KBC Group NV

KBC Group NV decreased its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 15.6% in the 4th quarter, Holdings Channel reports. The firm owned 345,178 shares of the software company’s stock after selling 63,595 shares during the quarter. KBC Group NV’s holdings in Adobe were worth $120,809,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new position in shares of Adobe in the 3rd quarter valued at about $26,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Adobe during the third quarter worth about $27,000. Caitlin John LLC bought a new position in Adobe in the third quarter worth about $28,000. Beacon Financial Strategies CORP bought a new position in Adobe in the fourth quarter worth about $28,000. Finally, Marquette Asset Management LLC boosted its stake in Adobe by 72.3% in the fourth quarter. Marquette Asset Management LLC now owns 81 shares of the software company’s stock valued at $28,000 after acquiring an additional 34 shares during the period. 81.79% of the stock is currently owned by institutional investors.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe unveiled the Firefly AI Assistant — a conversational creative agent that can orchestrate tasks across Photoshop, Premiere Pro and other Creative Cloud apps, positioning Adobe to commercialize generative AI across its suite. Adobe releases AI assistant for creative tools, says it will work with Anthropic’s Claude
• Positive Sentiment: Adobe announced a connector to Anthropic’s Claude so Firefly capabilities will be available via Claude users — a strategic partnership that reduces friction vs. competing AI?only entrants and may accelerate enterprise adoption. Adobe to Integrate New AI Assistant With Anthropic’s Claude
• Positive Sentiment: Product innovation continues: Adobe previewed new editing features (Premiere Pro Color Mode) and Firefly updates that reinforce its competitive moat in pro video/photo workflows — positive for retention and upsell in Creative Cloud. Adobe Premiere Color Mode First Look
• Neutral Sentiment: Adobe announced an investor session at Adobe Summit (Apr 21) where execs will outline strategy and product roadmaps — a near?term event where management could provide additional details that move the stock. Adobe to Host Investor Session at Adobe Summit
• Neutral Sentiment: Partnerships and ecosystem integrations (e.g., Talon.One with Adobe Experience Platform) expand Adobe’s enterprise footprint but are incremental near?term revenue drivers. Talon.One Releases Integration With Adobe Experience Platform
• Negative Sentiment: Anthropic is reportedly preparing its own AI design tool (websites, presentations) that would compete directly with Adobe and Figma — a potential long?term competitive threat to Creative Cloud usage. Anthropic’s New Design Tool Rivals Adobe and Figma
• Negative Sentiment: Adobe issued an emergency patch for a PDF/Acrobat zero?day that had been exploited — a reminder of security risk exposure; the quick fix limits downside but is a short?term negative headline. Adobe rolls out emergency fix for Acrobat, Reader zero-day flaw
• Negative Sentiment: Competitive product moves (e.g., Blackmagic DaVinci Resolve adding photo editing capabilities) increase pressure on Adobe’s standalone creative products, particularly among price?sensitive users. Blackmagic’s DaVinci Resolve 21 takes on Adobe Lightroom with a new Photo page

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ADBE shares. Mizuho lowered their target price on Adobe from $340.00 to $315.00 and set an “outperform” rating for the company in a report on Friday, March 13th. William Blair lowered Adobe from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 26th. Stifel Nicolaus lowered their price objective on Adobe from $450.00 to $400.00 and set a “buy” rating for the company in a research note on Friday, March 13th. UBS Group dropped their target price on Adobe from $340.00 to $290.00 and set a “neutral” rating on the stock in a research report on Friday, March 13th. Finally, Sanford C. Bernstein set a $447.00 target price on Adobe and gave the company an “outperform” rating in a research note on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fifteen have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $343.88.

Adobe Stock Performance

ADBE opened at $244.66 on Thursday. The business’s 50 day moving average is $254.34 and its 200-day moving average is $304.77. The stock has a market cap of $98.89 billion, a PE ratio of 14.25, a price-to-earnings-growth ratio of 0.92 and a beta of 1.52. 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 twelve month low of $224.13 and a twelve month high of $422.95.

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

Insider Transactions at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of the stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $294.85, for a total value 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 approximately $12,382,225.75. This represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.20% of the company’s stock.

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.