Adobe Inc. $ADBE Shares Bought by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA grew its stake in Adobe Inc. (NASDAQ:ADBE) by 14.9% in the third quarter, Holdings Channel reports. The fund owned 28,138 shares of the software company’s stock after purchasing an additional 3,640 shares during the period. Middleton & Co. Inc. MA’s holdings in Adobe were worth $9,926,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of ADBE. LSV Asset Management increased its position in Adobe by 350.0% during the second quarter. LSV Asset Management now owns 72 shares of the software company’s stock worth $28,000 after purchasing an additional 56 shares during the last quarter. Nexus Investment Management ULC acquired a new position in Adobe in the 2nd quarter valued at about $31,000. Horizon Financial Services LLC grew its stake in shares of Adobe by 4,000.0% in the 2nd quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock valued at $32,000 after buying an additional 80 shares during the period. Total Investment Management Inc. purchased a new stake in shares of Adobe in the 2nd quarter valued at approximately $35,000. Finally, Heartwood Wealth Advisors LLC acquired a new stake in Adobe during the third quarter worth $35,000. Hedge funds and other institutional investors own 81.79% of the company’s stock.

More Adobe News

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe added new AI tools to Premiere Pro and After Effects and updated Firefly, expanding content-generation and workflow automation that should strengthen its creative-suite moat. Adobe adds AI tools to Premiere, After Effects and updates to Firefly
• Positive Sentiment: Major Premiere and After Effects updates aim to streamline advanced video-editing workflows with new tools and AI — a direct product improvement that can drive subscription retention and upsells in Creative Cloud. Major Adobe Premiere and After Effects update streamlines advanced video editing workflows with new tools and AI
• Positive Sentiment: Adobe unveiled AI-powered video-editing features for Premiere (automation, generative assists) that reinforce product differentiation versus competitors and support future revenue growth from pro video users. Adobe unveils new AI-powered video editing tools for Premiere
• Positive Sentiment: Adobe pledged $10 million to a film & TV fund and formed a content partnership with creator Amelia Dimoldenberg — a strategic move to grow content partnerships and real-world demand for Adobe tools. Adobe Pledges $10 Million to Film and TV Fund, Partners With Amelia Dimoldenberg
• Neutral Sentiment: Some analysts and outlets frame the sell-off as a buying opportunity, calling ADBE a “huge AI bargain” after the drop — highlights valuation upside but reflects differing views on AI risk. Adobe Stock Looks Like a Huge AI Bargain After a Nosedive. Should You Buy?
• Neutral Sentiment: Coverage questioning whether AI has “killed” Adobe highlights structural risk to pricing models and growth assumptions, but also notes potential recovery paths and continued analyst support. Has AI Killed Adobe For Good?
• Negative Sentiment: Headline flow shows the stock trading lower for multiple sessions, signaling short-term momentum pressure and trader-driven selling that can amplify moves independent of fundamentals. Adobe trades in red for the seventh straight session
• Negative Sentiment: Coverage noting ADBE “plummets into deep-value territory” emphasizes the magnitude of the decline and may reinforce bearish sentiment among momentum traders. Adobe Stock (ADBE) Plummets Into Deep-Value Territory
• Negative Sentiment: Consumer-focused pieces suggesting alternatives to Acrobat for PDF editing point to competitive and pricing pressure in lower-end workflows that could modestly affect Acrobat subscription growth over time. Ditch Adobe Acrobat’s monthly fee for a PDF editor you own for life

Analyst Ratings Changes

A number of analysts recently issued reports on the company. The Goldman Sachs Group initiated coverage on Adobe in a research report on Monday, January 12th. They set a “sell” rating and a $290.00 price objective for the company. UBS Group set a $487.00 price target on shares of Adobe in a research report on Sunday, December 14th. Stifel Nicolaus reduced their price target on shares of Adobe from $480.00 to $450.00 and set a “buy” rating on the stock in a research note on Tuesday, December 9th. BMO Capital Markets cut shares of Adobe from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $400.00 to $375.00 in a research report on Friday, January 9th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $430.00 target price on shares of Adobe in a report on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, Adobe currently has an average rating of “Hold” and an average target price of $402.85.

Insider Buying and Selling

In other Adobe news, CAO Jillian Forusz sold 149 shares of the company’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $337.88, for a total transaction of $50,344.12. Following the sale, the chief accounting officer owned 3,426 shares in the company, valued at $1,157,576.88. This represents a 4.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.16% of the stock is owned by insiders.

Adobe Price Performance

Shares of ADBE opened at $290.37 on Wednesday. The company has a market cap of $119.20 billion, a P/E ratio of 17.38, a PEG ratio of 1.17 and a beta of 1.53. Adobe Inc. has a fifty-two week low of $288.33 and a fifty-two week high of $465.70. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.53. The firm’s 50 day moving average price is $333.24 and its 200 day moving average price is $345.73.

Adobe (NASDAQ:ADBE) last issued its quarterly earnings results on Wednesday, December 10th. The software company reported $5.50 EPS for the quarter, beating the consensus estimate of $5.40 by $0.10. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The company had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $6.11 billion. During the same quarter last year, the company posted $4.81 EPS. The firm’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. On average, research analysts forecast that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.

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.