Guinness Atkinson Asset Management Inc Has $6.61 Million Stake in Adobe Inc. $ADBE

Guinness Atkinson Asset Management Inc raised its position in shares of Adobe Inc. (NASDAQ:ADBE) by 38.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,709 shares of the software company’s stock after acquiring an additional 5,181 shares during the quarter. Adobe comprises 3.1% of Guinness Atkinson Asset Management Inc’s investment portfolio, making the stock its 14th biggest holding. Guinness Atkinson Asset Management Inc’s holdings in Adobe were worth $6,607,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. MCF Advisors LLC lifted its stake in shares of Adobe by 20.8% in the 3rd quarter. MCF Advisors LLC now owns 174 shares of the software company’s stock valued at $61,000 after purchasing an additional 30 shares during the period. SWAN Capital LLC boosted its position in shares of Adobe by 43.1% during the 3rd quarter. SWAN Capital LLC now owns 103 shares of the software company’s stock valued at $36,000 after purchasing an additional 31 shares in the last quarter. Logan Capital Management Inc. grew its stake in Adobe by 0.3% during the third quarter. Logan Capital Management Inc. now owns 9,789 shares of the software company’s stock worth $3,453,000 after purchasing an additional 32 shares during the period. Cornerstone Planning Group LLC increased its holdings in Adobe by 33.0% in the third quarter. Cornerstone Planning Group LLC now owns 133 shares of the software company’s stock worth $47,000 after purchasing an additional 33 shares in the last quarter. Finally, Peoples Bank KS increased its holdings in Adobe by 1.6% in the fourth quarter. Peoples Bank KS now owns 2,041 shares of the software company’s stock worth $714,000 after purchasing an additional 33 shares in the last quarter. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Adobe Stock Performance

NASDAQ ADBE opened at $259.21 on Friday. The company has a fifty day simple moving average of $244.11 and a 200 day simple moving average of $284.39. Adobe Inc. has a 12-month low of $224.13 and a 12-month high of $421.48. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.47. The company has a market cap of $104.77 billion, a P/E ratio of 15.10, a PEG ratio of 1.01 and a beta of 1.42.

Adobe (NASDAQ:ADBE) last posted its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.87 by $0.19. Adobe had a net margin of 29.48% and a return on equity of 64.48%. The business had revenue of $6.40 billion during the quarter, compared to the consensus estimate of $6.28 billion. During the same quarter last year, the firm posted $5.08 EPS. Adobe’s revenue 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. Sell-side analysts predict that Adobe Inc. will post 19.15 earnings per share for the current fiscal year.

Adobe declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, April 21st that authorizes the company to buyback $25.00 billion in outstanding shares. This buyback authorization authorizes the software company to repurchase up to 24.9% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Key Adobe News

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

Insider Activity at Adobe

In related news, CFO Daniel Durn sold 1,336 shares of Adobe stock in a transaction on Monday, April 20th. The shares were sold at an average price of $248.02, for a total value of $331,354.72. Following the completion of the sale, the chief financial officer owned 42,833 shares of the company’s stock, valued at approximately $10,623,440.66. This trade represents a 3.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Jillian Forusz sold 755 shares of Adobe stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $246.25, for a total transaction of $185,918.75. Following the completion of the sale, the chief accounting officer directly owned 3,521 shares of the company’s stock, valued at approximately $867,046.25. The trade was a 17.66% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 77,091 shares of company stock valued at $18,782,773. 0.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. UBS Group cut their price target on Adobe from $290.00 to $260.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. HSBC set a $302.00 price objective on shares of Adobe in a research report on Friday, February 13th. Stifel Nicolaus reduced their price objective on shares of Adobe from $450.00 to $400.00 and set a “buy” rating for the company in a research report on Friday, March 13th. Citigroup reaffirmed a “neutral” rating on shares of Adobe in a research report on Friday, April 10th. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Adobe in a research report on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $338.15.

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.