Hamilton Wealth LLC Purchases Shares of 2,628 Adobe Inc. $ADBE

Hamilton Wealth LLC acquired a new stake in shares of Adobe Inc. (NASDAQ:ADBE) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,628 shares of the software company’s stock, valued at approximately $639,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in Adobe during the third quarter worth about $26,000. Western Pacific Wealth Management LP purchased a new stake in shares of Adobe during the 4th quarter worth about $26,000. TrustBank purchased a new stake in shares of Adobe during the 4th quarter worth about $28,000. Marquette Asset Management LLC increased its position in Adobe by 72.3% during the 4th quarter. Marquette Asset Management LLC now owns 81 shares of the software company’s stock worth $28,000 after purchasing an additional 34 shares in the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new position in Adobe in the fourth quarter valued at approximately $31,000. 81.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ADBE has been the topic of a number of recent research reports. Freedom Capital cut shares of Adobe from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 12th. Robert W. Baird cut their target price on shares of Adobe from $270.00 to $230.00 and set a “neutral” rating on the stock in a research note on Friday, June 12th. HSBC raised shares of Adobe from a “hold” rating to a “buy” rating and raised their target price for the company from $282.00 to $308.00 in a research note on Thursday, July 2nd. Barclays lowered their price target on Adobe from $275.00 to $250.00 and set an “equal weight” rating for the company in a report on Friday, June 12th. Finally, UBS Group lowered Adobe from a “buy” rating to an “equal weight” rating in a research report on Tuesday, July 21st. Seven research analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat, Adobe currently has a consensus rating of “Hold” and an average price target of $271.30.

Insider Buying and Selling

In other news, Director David A. Ricks acquired 10,000 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was bought at an average cost of $194.51 per share, with a total value of $1,945,100.00. Following the transaction, the director directly owned 17,655 shares in the company, valued at approximately $3,434,074.05. This represents a 130.63% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.20% of the stock is owned by corporate insiders.

Adobe Trading Up 5.7%

ADBE opened at $263.43 on Thursday. The firm’s 50 day moving average is $226.50 and its 200-day moving average is $249.43. Adobe Inc. has a 52-week low of $190.12 and a 52-week high of $370.86. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $104.71 billion, a P/E ratio of 15.07, a P/E/G ratio of 0.84 and a beta of 1.43.

Adobe (NASDAQ:ADBE) last announced its earnings results on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, beating the consensus estimate of $5.82 by $0.14. The business had revenue of $6.62 billion during the quarter, compared to the consensus estimate of $6.45 billion. Adobe had a net margin of 28.69% and a return on equity of 65.11%. The business’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.06 earnings per share. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. Analysts expect that Adobe Inc. will post 19.81 EPS for the current fiscal year.

Adobe declared that its board has approved a stock buyback program on Tuesday, April 21st that allows the company to repurchase $25.00 billion in outstanding shares. This repurchase authorization allows the software company to reacquire up to 24.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: FTC approval removes a key deal risk: U.S. regulators granted early approval for Adobe’s acquisition of Topaz Labs, a developer of AI-powered image-enhancement tools. The clearance reduces antitrust uncertainty and allows Adobe to advance the transaction, strengthening its creative-AI product portfolio. FTC Grants Early Approval for Adobe’s Acquisition of Topaz Labs
• Positive Sentiment: Topaz Labs deal reinforces the AI growth narrative: Investors appear to view the acquisition as a way for Adobe to add specialized image-quality and enhancement capabilities to its broader creative ecosystem. The deal supports the thesis that rising AI-generated content could increase demand for professional editing, verification and workflow tools. Why Is Adobe Stock Climbing Today
• Neutral Sentiment: Adobe continues to build credibility around responsible AI: The company joined the Open Source AI Cybersecurity Alliance, which is focused on shared defenses and standards for safer AI systems. The move may improve Adobe’s positioning with enterprise customers, although it is unlikely to have an immediate financial effect. Adobe Joins Open Source AI Cybersecurity Alliance
• Neutral Sentiment: Creator and education initiatives provide brand support: Pearson’s 2026 Adobe Certified Professional World Championship highlighted student use of Adobe’s creative software. The event supports ecosystem engagement and brand visibility but has limited direct impact on near-term revenue or earnings. Pearson Names Certiport 2026 Adobe Certified Professional World Champion
• Negative Sentiment: Competitive and execution risks remain: Commentary comparing Adobe Express with Canva and analysis noting uncertainty around Adobe’s AI transition underscore concerns about competition, monetization and whether new AI features can accelerate growth enough to offset disruption from generative-AI tools.

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.