Concurrent Investment Advisors LLC Has $4.58 Million Stock Holdings in Adobe Inc. $ADBE

Key Points

• Concurrent Investment Advisors LLC boosted its Adobe stake by 119.8% in Q4 to 13,094 shares, valued at about $4.583 million per its latest 13F filing.
• Adobe's board authorized a $25 billion buyback (up to 24.9% of shares) and the company beat Q results—EPS $6.06 vs. $5.87 and revenue $6.40B—while guiding FY26 EPS to $23.30–23.50.
• Analyst views are mixed: MarketBeat shows a consensus rating of "Hold" with a $338.15 target, while the stock trades near $239 (down ~2.5%) amid sector weakness and recent downgrades.

Concurrent Investment Advisors LLC increased its position in shares of Adobe Inc. (NASDAQ:ADBE - Free Report) by 119.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,094 shares of the software company's stock after acquiring an additional 7,136 shares during the period. Concurrent Investment Advisors LLC's holdings in Adobe were worth $4,583,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Adobe in the 3rd quarter valued at approximately $26,000. Caitlin John LLC acquired a new stake in shares of Adobe in the 3rd quarter valued at $28,000. Beacon Financial Strategies CORP bought a new stake in Adobe in the fourth quarter worth $28,000. KERR FINANCIAL PLANNING Corp bought a new position in Adobe during the third quarter valued at about $27,000. Finally, Marquette Asset Management LLC lifted its position in shares of Adobe by 72.3% in the fourth quarter. Marquette Asset Management LLC now owns 81 shares of the software company's stock worth $28,000 after buying an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 81.79% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on ADBE. JPMorgan Chase & Co. lowered their price objective on Adobe from $520.00 to $420.00 and set an "overweight" rating on the stock in a report on Friday, March 13th. DA Davidson set a $300.00 price target on shares of Adobe in a research report on Friday, March 13th. Robert W. Baird set a $350.00 price objective on shares of Adobe in a report on Wednesday, January 14th. Oppenheimer reissued a "market perform" rating on shares of Adobe in a research report on Friday, March 13th. Finally, Royal Bank Of Canada lowered their price target on Adobe from $400.00 to $350.00 and set an "outperform" rating on the stock in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have given a Hold rating and five have assigned a Sell rating to the company's stock. According to MarketBeat.com, Adobe currently has a consensus rating of "Hold" and a consensus price target of $338.15.

Adobe Stock Down 2.5%

NASDAQ ADBE opened at $239.31 on Tuesday. Adobe Inc. has a twelve month low of $224.13 and a twelve month high of $422.95. The stock has a market cap of $96.73 billion, a PE ratio of 13.94, a PEG ratio of 0.96 and a beta of 1.52. The firm has a 50-day simple moving average of $251.36 and a 200 day simple moving average of $298.60. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.91 and a current ratio of 0.91.

Adobe (NASDAQ:ADBE - Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The software company reported $6.06 EPS for the quarter, beating the consensus estimate of $5.87 by $0.19. The firm had revenue of $6.40 billion during the quarter, compared to analysts' expectations of $6.28 billion. Adobe had a return on equity of 64.48% and a net margin of 29.48%.The company's revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.08 EPS. Adobe has set its FY 2026 guidance at 23.300-23.500 EPS and its Q2 2026 guidance at 5.800-5.850 EPS. On average, research analysts forecast that Adobe Inc. will post 19.14 EPS for the current year.

Adobe declared that its board has initiated a stock buyback program on Tuesday, April 21st that allows the company to repurchase $25.00 billion in shares. This repurchase authorization allows the software company to buy up to 24.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

Insiders Place Their Bets

In other Adobe news, CFO Daniel Durn sold 1,336 shares of the business's 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 sale, the chief financial officer owned 42,833 shares of the company's stock, valued at $10,623,440.66. The trade was a 3.02% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.20% of the stock is owned by corporate insiders.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe is rolling out major AI product upgrades that reinforce its content‑creation moat — public beta of the Firefly AI Assistant with cross‑app workflow automation and upgrades to GenStudio/agentic content workflows could boost product stickiness and enterprise adoption. Adobe launches Firefly AI Assistant public beta with cross-app workflow automation
• Positive Sentiment: Strategic partnerships and capital returns: Adobe is deepening ties with Nvidia/WPP/Omnicom to integrate agentic AI into marketing stacks and recently authorized a $25B buyback — both support long‑term monetization of AI features and signal management confidence in cash flow. NVIDIA (NVDA), Adobe (ADBE), WPP Expand Partnership to Integrate Agentic AI into Marketing
• Neutral Sentiment: Analyst views are mixed: price targets and ratings vary widely (median targets near $320 but multiple cuts and low targets exist), creating volatility as investors reassess near‑term growth and margin prospects. Adobe Stock (ADBE) Opinions on Mizuho Downgrade
• Neutral Sentiment: Context — software sector weakness: Adobe is down materially year‑to‑date alongside peers, so broader sector flows and momentum are amplifying stock moves even when company fundamentals show progress. Which Software Stock Has Been the Worst Performer in 2026: Adobe, Salesforce, or ServiceNow?
• Negative Sentiment: Mizuho downgraded ADBE to Neutral from Outperform and cut its target to $270 (from $315) citing increased AI competition in prosumer/small‑business segments and limited near‑term catalysts — that downgrade is the immediate catalyst for today’s selling pressure. Adobe Downgraded Despite AI Updates. The Stock Drops.
• Negative Sentiment: Macro/strategic risk: prominent voices (e.g., Bridgewater CIO) warn AI could be an existential threat to legacy software business models, adding to investor anxiety about disruption and margin pressure across incumbents like Adobe. Bridgewater CIO says AI poses existential threat to software firms

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.

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