CI Investments Inc. Buys 4,674 Shares of Adobe Inc. $ADBE

CI Investments Inc. increased its stake in shares of Adobe Inc. (NASDAQ:ADBE) by 7.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 66,075 shares of the software company’s stock after acquiring an additional 4,674 shares during the quarter. CI Investments Inc.’s holdings in Adobe were worth $23,308,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC boosted its holdings in Adobe by 2.1% during the fourth quarter. Brighton Jones LLC now owns 8,068 shares of the software company’s stock worth $3,588,000 after purchasing an additional 167 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of Adobe by 25.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,394 shares of the software company’s stock worth $926,000 after buying an additional 486 shares in the last quarter. United Bank boosted its stake in shares of Adobe by 12.8% in the 2nd 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. boosted its stake in shares of Adobe by 7.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,630 shares of the software company’s stock worth $1,017,000 after buying an additional 190 shares during the last quarter. Finally, Burney Co. grew its holdings in shares of Adobe by 35.5% in the second quarter. Burney Co. now owns 2,372 shares of the software company’s stock valued at $918,000 after acquiring an additional 621 shares in the last quarter. 81.79% of the stock is owned by hedge funds and other institutional investors.

Adobe Price Performance

Shares of NASDAQ:ADBE opened at $270.96 on Wednesday. The firm has a market capitalization of $111.23 billion, a PE ratio of 16.22, a P/E/G ratio of 1.03 and a beta of 1.53. 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 company has a 50-day moving average price of $296.08 and a two-hundred day moving average price of $327.50. Adobe Inc. has a twelve month low of $244.28 and a twelve month high of $453.26.

Adobe (NASDAQ:ADBE) last posted its quarterly 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. The company had revenue of $6.19 billion for the quarter, compared to analyst estimates of $6.11 billion. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.81 earnings per share. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. Equities analysts forecast that Adobe Inc. will post 16.65 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ADBE. Oppenheimer lowered Adobe from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 13th. Robert W. Baird set a $350.00 target price on Adobe in a research note on Wednesday, January 14th. Jefferies Financial Group cut their price target on shares of Adobe from $400.00 to $290.00 and set a “hold” rating on the stock in a report on Monday, February 23rd. DA Davidson restated a “buy” rating and set a $500.00 price target on shares of Adobe in a research report on Thursday, December 11th. Finally, Stifel Nicolaus decreased their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $392.76.

Insider Activity

In other news, CFO Daniel Durn sold 1,646 shares of the firm’s 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 directly owned 41,995 shares of the company’s stock, valued at $12,382,225.75. This trade represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.16% 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: Near-term catalyst — Adobe will report fiscal Q1 2026 results after the close on March 12; that scheduled release and conference call is driving positioning into the print. Adobe to Announce Q1 FY2026 Earnings Results on March 12, 2026
• Positive Sentiment: Enterprise AI momentum — Adobe and WPP expanded a global partnership to combine Adobe’s AI tools with WPP’s agentic marketing workflows, which investors see as a tangible route to monetize AI across large enterprise clients and defend Adobe’s product moat. Adobe WPP AI Alliance Tests Moat In Enterprise Marketing Workflows
• Positive Sentiment: Reported new institutional interest — media reports that Michael Burry opened a position in ADBE have circulated and appear to be supporting bullish flows (rumor-driven buying). This has likely added to intraday momentum. Big Short Investor Michael Burry Opens New Position in Adobe Stock (ADBE)
• Positive Sentiment: Earnings-beat track record — analysts and commentary (Zacks, others) note Adobe’s history of beating estimates and argue the company has the setup to deliver another upside, which can lift sentiment into the print. Will Adobe (ADBE) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Short-interest data in recent feeds show anomalous/zero values (likely a reporting artifact), so short-interest is not currently adding clear pressure or a squeeze signal.
• Negative Sentiment: Heightened AI competition — some analysts warn new AI tools lower barriers for competitors and could pressure Adobe’s creative franchise and long-term pricing power, tempering upside expectations. Heightened AI Competition Fuels Analyst Skepticism on Adobe (ADBE)
• Negative Sentiment: Notable portfolio moves and insider sales — filings cited large institutional reductions (e.g., UBS) and a small number of insider sales in recent months; heavy fund rebalancing can add supply and cap near-term gains. Adobe shares climb as investors position ahead of March 12 earnings and recent AI-focused enterprise momentum

Adobe 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.