Impact Partnership Wealth LLC Purchases 2,023 Shares of Adobe Inc. $ADBE

Impact Partnership Wealth LLC lifted its position in Adobe Inc. (NASDAQ:ADBE) by 73.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,789 shares of the software company’s stock after acquiring an additional 2,023 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Adobe were worth $1,676,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Willis Investment Counsel grew its position in Adobe by 138.9% during the fourth quarter. Willis Investment Counsel now owns 40,715 shares of the software company’s stock valued at $14,250,000 after buying an additional 23,671 shares during the period. Jones Financial Companies Lllp grew its position in Adobe by 43.8% during the third quarter. Jones Financial Companies Lllp now owns 106,598 shares of the software company’s stock valued at $38,309,000 after buying an additional 32,448 shares during the period. Victory Capital Management Inc. grew its position in Adobe by 112.6% during the third quarter. Victory Capital Management Inc. now owns 1,341,410 shares of the software company’s stock valued at $469,467,000 after buying an additional 710,357 shares during the period. Nicholas Company Inc. grew its position in Adobe by 7.6% during the fourth quarter. Nicholas Company Inc. now owns 174,626 shares of the software company’s stock valued at $61,117,000 after buying an additional 12,400 shares during the period. Finally, Diamond Hill Capital Management Inc. grew its position in Adobe by 20.6% during the third quarter. Diamond Hill Capital Management Inc. now owns 1,024,473 shares of the software company’s stock valued at $361,383,000 after buying an additional 174,891 shares during the period. Institutional investors own 81.79% of the company’s stock.

Insider Buying and Selling at Adobe

In other Adobe news, CAO Jillian Forusz sold 755 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $246.25, for a total transaction of $185,918.75. Following the sale, the chief accounting officer directly owned 3,521 shares of the company’s stock, valued at $867,046.25. This represents a 17.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Shantanu Narayen sold 75,000 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $243.54, for a total transaction of $18,265,500.00. Following the sale, the chief executive officer directly owned 359,538 shares in the company, valued at approximately $87,561,884.52. This trade represents a 17.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 77,091 shares of company stock valued at $18,782,773 over the last three months. 0.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently weighed in on ADBE. Sanford C. Bernstein set a $447.00 price target on shares of Adobe and gave the company an “outperform” rating in a research report on Friday, March 13th. Royal Bank Of Canada reduced their price target on shares of Adobe from $400.00 to $350.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. HSBC set a $302.00 price target on shares of Adobe in a research report on Friday, February 13th. Barclays lowered shares of Adobe from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $335.00 to $275.00 in a research report on Friday, March 13th. Finally, Weiss Ratings lowered shares of Adobe from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $338.15.

Adobe Price Performance

NASDAQ ADBE opened at $259.21 on Friday. The company has a market cap 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 Inc. has a 52 week low of $224.13 and a 52 week high of $421.48. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.47. The firm’s 50-day simple moving average is $244.11 and its two-hundred day simple moving average is $284.39.

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

Adobe announced that its Board of Directors has initiated a share repurchase program on Tuesday, April 21st that permits the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization permits the software company to purchase up to 24.9% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Trending Headlines about Adobe

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

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.