Adobe (NASDAQ:ADBE) Shares Acquired Sen. John Boozman

Key Points

• Senator John Boozman purchased Adobe Inc. shares valued between $1,001 and $15,000 on September 4th, as disclosed in a filing on October 10th.
• Adobe reported $5.31 EPS for its last quarter, exceeding estimates, with a revenue of $5.99 billion, signaling a 10.7% year-over-year growth.
• Institutional investors hold 81.79% of Adobe's stock, indicating a high level of confidence in the company's prospects among major financial entities.

Senator John Boozman (R-Arkansas) recently bought shares of Adobe Inc. NASDAQ: ADBE. In a filing disclosed on October 10th, the Senator disclosed that they had bought between $1,001 and $15,000 in Adobe stock on September 4th.

Senator John Boozman also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 9/17/2025.
• Sold $1,001 - $15,000 in shares of Micron Technology NASDAQ: MU on 9/17/2025.
• Sold $1,001 - $15,000 in shares of Goldman Sachs Access Treasury 0-1 Year ETF NYSEARCA: GBIL on 9/16/2025.
• Sold $1,001 - $15,000 in shares of iShares Agency Bond ETF NYSEARCA: AGZ on 9/16/2025.
• Sold $1,001 - $15,000 in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF NYSEARCA: GIGB on 9/16/2025.
• Sold $1,001 - $15,000 in shares of iShares MBS ETF NASDAQ: MBB on 9/16/2025.
• Sold $1,001 - $15,000 in shares of Janus Henderson Mortgage-Backed Securities ETF NYSEARCA: JMBS on 9/16/2025.
• Sold $15,001 - $50,000 in shares of iShares 20+ Year Treasury Bond ETF NASDAQ: TLT on 9/16/2025.
• Purchased $15,001 - $50,000 in shares of iShares 3-7 Year Treasury Bond ETF NASDAQ: IEI on 9/16/2025.
• Purchased $1,001 - $15,000 in shares of Schwab U.S. TIPS ETF NYSEARCA: SCHP on 9/16/2025.

Adobe Price Performance

Adobe stock traded down $9.96 during mid-day trading on Friday, hitting $337.51. 4,263,259 shares of the company were exchanged, compared to its average volume of 5,270,701. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.53. The business has a fifty day moving average of $351.67 and a 200 day moving average of $370.78. Adobe Inc. has a 1-year low of $330.04 and a 1-year high of $557.90. The company has a market capitalization of $141.28 billion, a PE ratio of 21.03, a price-to-earnings-growth ratio of 1.56 and a beta of 1.49.

Adobe (NASDAQ:ADBE - Get Free Report) last announced its earnings results on Thursday, September 11th. The software company reported $5.31 EPS for the quarter, topping the consensus estimate of $5.18 by $0.13. The company had revenue of $5.99 billion for the quarter, compared to analysts' expectations of $5.91 billion. Adobe had a return on equity of 57.54% and a net margin of 30.01%.The business's revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.65 earnings per share. Adobe has set its FY 2025 guidance at 20.800-20.850 EPS. Q4 2025 guidance at 5.350-5.400 EPS. As a group, sell-side analysts expect that Adobe Inc. will post 16.65 earnings per share for the current year.

Hedge Funds Weigh In On Adobe

Several institutional investors have recently modified their holdings of the business. Tlwm lifted its holdings in shares of Adobe by 6.1% during the 3rd quarter. Tlwm now owns 2,543 shares of the software company's stock valued at $897,000 after purchasing an additional 147 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in shares of Adobe by 142.9% during the 3rd quarter. Sound Income Strategies LLC now owns 464 shares of the software company's stock valued at $161,000 after purchasing an additional 273 shares in the last quarter. Foster Victor Wealth Advisors LLC lifted its holdings in shares of Adobe by 18.6% during the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 62,588 shares of the software company's stock valued at $21,702,000 after purchasing an additional 9,831 shares in the last quarter. Douglas Lane & Associates LLC lifted its holdings in shares of Adobe by 4.9% during the 3rd quarter. Douglas Lane & Associates LLC now owns 3,404 shares of the software company's stock valued at $1,201,000 after purchasing an additional 158 shares in the last quarter. Finally, Orrstown Financial Services Inc. raised its position in Adobe by 1.2% in the 3rd quarter. Orrstown Financial Services Inc. now owns 2,628 shares of the software company's stock valued at $927,000 after buying an additional 31 shares during the last quarter. Institutional investors own 81.79% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently commented on ADBE. Wall Street Zen upgraded Adobe from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Citigroup decreased their price target on Adobe from $450.00 to $400.00 and set a "neutral" rating on the stock in a report on Thursday, September 11th. DA Davidson reiterated a "buy" rating and issued a $500.00 price target on shares of Adobe in a report on Friday, September 12th. BMO Capital Markets decreased their price target on Adobe from $450.00 to $405.00 and set an "outperform" rating on the stock in a report on Friday, September 12th. Finally, Melius cut Adobe from a "hold" rating to a "sell" rating and set a $310.00 price target on the stock. in a report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $433.41.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas' U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman's academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

About Adobe

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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