2,211 Shares in Adobe Inc. $ADBE Bought by Gaddis Premier Wealth Advisors LLC

Gaddis Premier Wealth Advisors LLC bought a new position in shares of Adobe Inc. (NASDAQ:ADBE) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,211 shares of the software company’s stock, valued at approximately $537,000.

Several other institutional investors also recently bought and sold shares of ADBE. Western Pacific Wealth Management LP acquired a new position in shares of Adobe during the 4th quarter valued at about $26,000. Measured Wealth Private Client Group LLC bought a new position in shares of Adobe in the 3rd quarter valued at approximately $26,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Adobe in the 3rd quarter worth approximately $27,000. Beacon Financial Strategies CORP bought a new stake in Adobe during the fourth quarter worth approximately $28,000. Finally, Marquette Asset Management LLC boosted its position in Adobe by 72.3% during the fourth quarter. Marquette Asset Management LLC now owns 81 shares of the software company’s stock worth $28,000 after purchasing an additional 34 shares during the period. 81.79% of the stock is currently owned by institutional investors.

Insider Transactions at Adobe

In other Adobe news, CFO Daniel Durn sold 1,336 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The stock was 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 in the company, valued at approximately $10,623,440.66. This trade represents a 3.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David A. Ricks acquired 10,000 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were purchased at an average cost of $194.51 per share, for a total transaction of $1,945,100.00. Following the acquisition, the director directly owned 17,655 shares in the company, valued at $3,434,074.05. This represents a 130.63% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders sold 77,091 shares of company stock worth $18,782,773. Insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

ADBE has been the topic of a number of recent analyst reports. Robert W. Baird dropped their price target on shares of Adobe from $270.00 to $230.00 and set a “neutral” rating on the stock in a research report on Friday, June 12th. Wells Fargo & Company decreased their price objective on shares of Adobe from $330.00 to $250.00 and set an “overweight” rating for the company in a report on Friday, June 12th. Royal Bank Of Canada dropped their target price on shares of Adobe from $350.00 to $285.00 and set an “outperform” rating on the stock in a report on Monday, June 8th. Weiss Ratings reissued a “sell (d+)” rating on shares of Adobe in a research report on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. decreased their price target on shares of Adobe from $420.00 to $340.00 and set an “overweight” rating for the company in a report on Friday, June 12th. Six equities research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $275.00.

Adobe Stock Performance

NASDAQ ADBE opened at $235.31 on Friday. The company’s fifty day moving average is $228.89 and its two-hundred day moving average is $256.32. Adobe Inc. has a 52-week low of $190.12 and a 52-week high of $376.16. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $93.54 billion, a price-to-earnings ratio of 13.46, a P/E/G ratio of 0.76 and a beta of 1.43.

Adobe (NASDAQ:ADBE) last released 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. Adobe had a net margin of 28.69% and a return on equity of 65.11%. The business had revenue of $6.62 billion during the quarter, compared to analysts’ expectations of $6.45 billion. During the same quarter last year, the company earned $5.06 earnings per share. The firm’s revenue was up 12.7% on a year-over-year basis. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. Equities research analysts forecast that Adobe Inc. will post 19.81 EPS for the current year.

Adobe announced that its Board of Directors has initiated a stock buyback plan 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 shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Adobe News Roundup

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Several recent commentary pieces argue Adobe is a compelling buying opportunity after its pullback, with bullish takes saying fear around “SaaSpocalypse” is fading and that the company’s long-standing software moat still supports the stock. Adobe: Generational Buying Opportunity As SaaSpocalypse Fear Fades
• Positive Sentiment: Adobe is also being highlighted in broader AI and digital commerce discussions, with its generative AI initiatives and prior Rephrase.AI acquisition cited as supporting future growth in content creation and marketing tools. E-Commerce Update – AI Transforming Digital Retail Through Innovation and Connectivity
• Positive Sentiment: Momentum-focused coverage from Zacks described Adobe as a top-ranked momentum stock, reinforcing the view that the shares could continue to attract buyers. Adobe Systems (ADBE) is a Top-Ranked Momentum Stock: Should You Buy?
• Neutral Sentiment: Some articles discuss Adobe within broader software valuation and AI-moat themes, but they are more industry commentary than direct catalysts for Adobe’s fundamentals. Alpha Buying: The Real Moats AI Can’t Replace
• Negative Sentiment: One piece suggests users can replace Adobe Acrobat with a faster open-source PDF toolkit, which may add to investor concerns about competition and pressure on Adobe’s document workflow business. I replaced Adobe Acrobat with a 10x faster, browser-based open-source PDF toolkit

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.