Alberta Investment Management Corp Acquires 2,700 Shares of Adobe Inc. $ADBE

Alberta Investment Management Corp lifted its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 16.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,200 shares of the software company’s stock after purchasing an additional 2,700 shares during the quarter. Alberta Investment Management Corp’s holdings in Adobe were worth $6,773,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Brighton Jones LLC increased its stake in Adobe by 2.1% during the 4th quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock valued at $3,588,000 after purchasing an additional 167 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in Adobe by 25.5% in the second quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock valued at $926,000 after acquiring an additional 486 shares during the last quarter. United Bank increased its position in Adobe by 12.8% in the second quarter. United Bank now owns 3,773 shares of the software company’s stock worth $1,460,000 after buying an additional 428 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in Adobe by 7.8% during the second quarter. Schnieders Capital Management LLC. now owns 2,630 shares of the software company’s stock valued at $1,017,000 after purchasing an additional 190 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC lifted its stake in shares of Adobe by 15.4% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 2,026 shares of the software company’s stock valued at $784,000 after buying an additional 270 shares in the last quarter. 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 the firm’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the completion of the sale, the chief financial officer directly owned 41,995 shares in the company, valued at $12,382,225.75. This trade represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.16% of the stock is currently owned by insiders.

Adobe Stock Up 1.0%

Shares of NASDAQ:ADBE opened at $263.17 on Thursday. The stock’s 50-day moving average is $313.11 and its 200 day moving average is $332.89. The company has a market cap of $108.03 billion, a PE ratio of 15.75, a P/E/G ratio of 1.02 and a beta of 1.51. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 1.00. Adobe Inc. has a 1 year low of $251.10 and a 1 year high of $463.61.

Adobe (NASDAQ:ADBE) last posted 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 firm had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $6.11 billion. During the same period in the previous year, the firm earned $4.81 earnings per share. The business’s revenue was up 10.5% compared to the same quarter last year. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Sell-side analysts anticipate that Adobe Inc. will post 16.65 EPS for the current year.

Adobe News Roundup

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Long-term total-return narrative — a retrospective piece highlights how much owning Adobe for 20 years would have returned, reminding investors of ADBE’s historical compounding power. Here’s How Much You Would Have Made Owning Adobe Stock In The Last 20 Years
• Positive Sentiment: Sector confidence signal — insiders at ServiceNow bought stock and canceled automated sell plans, a move that calms some software-sector fear and can support sentiment for large SaaS names like Adobe by reducing the “SaaSpocalypse” narrative pressure. ServiceNow Insiders Buy as Wall Street Panics Over an AI SaaSpocalypse
• Neutral Sentiment: Short-interest data appears negligible/garbled (reports show 0 shares), so there’s no clear short-squeeze or covering pressure evident from the public data.
• Neutral Sentiment: Sector leadership defensiveness — Palo Alto Networks’ CEO publicly defended cybersecurity’s position as AI rattles software names; that broader conversation about AI’s impact on software demand is keeping trading choppy for Adobe. Palo Alto shares sink 8%, CEO defends cybersecurity’s position as AI hits software stocks
• Negative Sentiment: AI-competition sell narrative — coverage argues Adobe’s creative-software franchise is being repriced as generative AI commoditizes creative tasks, citing a sharp YTD/near-term share decline and investor worries about commoditization. Adobe Stock Drops 26% as Wall Street Questions Its Defense Against AI Competition
• Negative Sentiment: High-profile criticism — media coverage citing Jim Cramer and other commentators saying Adobe is “in trouble” amplifies negative sentiment and can accelerate outflows or speculative shorting. Jim Cramer Believes Adobe’s (ADBE) In Trouble
• Negative Sentiment: Analyst cut — HSBC trimmed its price target and cited competitive risks from AI tools; analyst downgrades or PT cuts increase downside pressure by reducing modeled upside. HSBC Reduces PT on Adobe Inc. (ADBE) Stock
• Negative Sentiment: Legal & strategic risk — coverage noting an AI-related lawsuit and shifts like the Cognizant deal that “reshape the investor risk/reward” raises uncertainty around costs, distraction and integration risk. Adobe AI Lawsuit And Cognizant Deal Reshape Investor Risk Reward Profile

Analysts Set New Price Targets

ADBE has been the subject of several analyst reports. Stifel Nicolaus cut their price target on shares of Adobe from $480.00 to $450.00 and set a “buy” rating for the company in a report on Tuesday, December 9th. Wolfe Research cut their price objective on Adobe from $450.00 to $440.00 and set an “outperform” rating for the company in a report on Thursday, December 11th. Piper Sandler cut Adobe from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $470.00 to $330.00 in a report on Monday, February 2nd. Wall Street Zen lowered Adobe from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, Oppenheimer downgraded shares of Adobe from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, Adobe currently has an average rating of “Hold” and an average price target of $397.16.

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.