MASTERINVEST Kapitalanlage GmbH Takes $3.38 Million Position in Adobe Inc. $ADBE
by Amy Steele · The Cerbat GemMASTERINVEST Kapitalanlage GmbH acquired a new position in Adobe Inc. (NASDAQ:ADBE – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,735 shares of the software company’s stock, valued at approximately $3,379,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Schmidt P J Investment Management Inc. grew its position in shares of Adobe by 2.9% during the 1st quarter. Schmidt P J Investment Management Inc. now owns 896 shares of the software company’s stock worth $344,000 after buying an additional 25 shares during the period. VanderPol Investments L.L.C. raised its position in shares of Adobe by 5.2% during the 1st quarter. VanderPol Investments L.L.C. now owns 546 shares of the software company’s stock valued at $209,000 after acquiring an additional 27 shares during the last quarter. Rise Advisors LLC lifted its stake in shares of Adobe by 7.0% in the 1st quarter. Rise Advisors LLC now owns 410 shares of the software company’s stock valued at $157,000 after purchasing an additional 27 shares during the period. FSM Wealth Advisors LLC boosted its position in shares of Adobe by 1.1% in the 2nd quarter. FSM Wealth Advisors LLC now owns 2,644 shares of the software company’s stock worth $997,000 after purchasing an additional 30 shares during the last quarter. Finally, Intellus Advisors LLC boosted its holdings in Adobe by 1.6% during the second quarter. Intellus Advisors LLC now owns 1,860 shares of the software company’s stock worth $720,000 after buying an additional 30 shares during the last quarter. 81.79% of the stock is owned by institutional investors.
Adobe Price Performance
NASDAQ ADBE opened at $356.43 on Friday. The firm’s 50 day moving average is $336.07 and its 200-day moving average is $357.48. The company has a quick ratio of 1.02, a current ratio of 1.00 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $149.20 billion, a PE ratio of 21.33, a price-to-earnings-growth ratio of 1.31 and a beta of 1.54. Adobe Inc. has a 12-month low of $311.58 and a 12-month high of $474.91.
Adobe (NASDAQ:ADBE – Get Free Report) last released its earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, beating analysts’ consensus estimates of $5.40 by $0.10. Adobe had a net margin of 30.00% and a return on equity of 61.28%. The business had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter last year, the firm earned $4.81 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts anticipate that Adobe Inc. will post 16.65 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of brokerages recently weighed in on ADBE. Redburn Partners set a $280.00 price target on shares of Adobe in a research report on Monday, September 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Adobe in a report on Thursday. BMO Capital Markets reaffirmed an “outperform” rating and set a $405.00 price objective on shares of Adobe in a research note on Wednesday, October 29th. Barclays reissued an “overweight” rating and issued a $415.00 target price on shares of Adobe in a research note on Friday, December 5th. Finally, Wall Street Zen lowered Adobe from a “buy” rating to a “hold” rating in a research report on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $413.19.
Read Our Latest Research Report on ADBE
Insider Activity
In related 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 approximately $1,157,576.88. This represents a 4.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.16% of the company’s stock.
Adobe Company Profile
Adobe Inc, together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.
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