CreativeOne Wealth LLC Sells 710 Shares of Adobe Inc. $ADBE

Key Points

• CreativeOne Wealth LLC has reduced its holdings in Adobe Inc. by 8.3%, now owning 7,845 shares valued at approximately $3,009,000.
• Several institutional investors have increased their positions in Adobe, with Ieq Capital LLC growing its holdings by 38.2% and new entries such as Redwood Investment Management with a position worth around $203,000.
• Adobe reported $5.06 earnings per share for the last quarter, surpassing estimates, and expects to post an EPS between 5.150-5.200 for Q3 2025.

CreativeOne Wealth LLC decreased its position in Adobe Inc. (NASDAQ:ADBE - Free Report) by 8.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,845 shares of the software company's stock after selling 710 shares during the quarter. CreativeOne Wealth LLC's holdings in Adobe were worth $3,009,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Eagle Strategies LLC lifted its holdings in shares of Adobe by 1.5% during the fourth quarter. Eagle Strategies LLC now owns 1,465 shares of the software company's stock valued at $651,000 after purchasing an additional 22 shares during the last quarter. RB Capital Management LLC lifted its holdings in shares of Adobe by 0.4% during the fourth quarter. RB Capital Management LLC now owns 4,944 shares of the software company's stock valued at $2,198,000 after purchasing an additional 22 shares during the last quarter. Orin Green Financial LLC lifted its holdings in shares of Adobe by 3.8% during the fourth quarter. Orin Green Financial LLC now owns 621 shares of the software company's stock valued at $276,000 after purchasing an additional 23 shares during the last quarter. Diligent Investors LLC lifted its holdings in shares of Adobe by 1.2% during the fourth quarter. Diligent Investors LLC now owns 2,160 shares of the software company's stock valued at $961,000 after purchasing an additional 26 shares during the last quarter. Finally, Second Line Capital LLC lifted its holdings in shares of Adobe by 3.5% during the fourth quarter. Second Line Capital LLC now owns 768 shares of the software company's stock valued at $342,000 after purchasing an additional 26 shares during the last quarter. Institutional investors and hedge funds own 81.79% of the company's stock.

Analyst Ratings Changes

ADBE has been the subject of several analyst reports. BMO Capital Markets reaffirmed an "outperform" rating and set a $450.00 target price on shares of Adobe in a report on Friday, June 13th. Mizuho dropped their price target on Adobe from $575.00 to $530.00 and set an "outperform" rating on the stock in a research report on Friday, June 13th. Bank of America upped their price target on Adobe from $424.00 to $475.00 and gave the company a "buy" rating in a research report on Friday, June 13th. Phillip Securities raised Adobe from a "moderate sell" rating to a "strong-buy" rating in a research report on Monday, June 16th. Finally, Rothschild & Co Redburn lowered Adobe from a "neutral" rating to a "sell" rating and set a $280.00 price target on the stock. in a research report on Wednesday, July 2nd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $466.42.

Adobe Stock Up 0.8%

Shares of NASDAQ ADBE traded up $2.74 during mid-day trading on Friday, reaching $356.70. 2,637,158 shares of the company traded hands, compared to its average volume of 3,666,279. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a market cap of $151.31 billion, a PE ratio of 22.82, a price-to-earnings-growth ratio of 1.69 and a beta of 1.51. The company's fifty day moving average is $363.93 and its two-hundred day moving average is $386.47. Adobe Inc. has a fifty-two week low of $330.04 and a fifty-two week high of $587.75.

Adobe (NASDAQ:ADBE - Get Free Report) last issued its quarterly earnings data on Thursday, June 12th. The software company reported $5.06 EPS for the quarter, beating analysts' consensus estimates of $4.97 by $0.09. Adobe had a return on equity of 53.68% and a net margin of 30.39%.The business had revenue of $5.87 billion for the quarter, compared to analyst estimates of $5.80 billion. During the same quarter in the prior year, the firm posted $4.48 EPS. The firm's revenue for the quarter was up 10.6% on a year-over-year basis. Adobe has set its Q3 2025 guidance at 5.150-5.200 EPS. FY 2025 guidance at 20.500-20.700 EPS. On average, analysts expect that Adobe Inc. will post 16.65 earnings per share for the current year.

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.