Curated Wealth Partners LLC Sells 276,686 Shares of Adobe Inc. $ADBE

Key Points

• Curated Wealth Partners cut its Adobe position by 98.9%, selling 276,686 shares and retaining 3,010 shares worth approximately $722,000. Institutional investors and hedge funds own 81.79% of Adobe’s outstanding stock.
• Adobe reported quarterly revenue of $6.76 billion and earnings of $6.13 per share, both exceeding analyst expectations, while revenue increased 12.9% year over year. The company issued fiscal 2026 EPS guidance of $24.45–$24.50.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $283.90 price target; investors are weighing Adobe’s AI partnerships and operating strength against concerns about AI disruption and continued insider selling.

Curated Wealth Partners LLC decreased its position in Adobe Inc. (NASDAQ:ADBE - Free Report) by 98.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 3,010 shares of the software company's stock after selling 276,686 shares during the period. Curated Wealth Partners LLC's holdings in Adobe were worth $722,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in ADBE. Sankala Group LLC acquired a new position in shares of Adobe during the 4th quarter worth about $31,000. Hyposwiss Advisors SA acquired a new stake in Adobe in the fourth quarter valued at $35,000. Dunhill Financial LLC bought a new stake in shares of Adobe in the 2nd quarter valued at about $95,000. Strategic Investment Solutions Inc. IL lifted its stake in Adobe by 555.6% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 118 shares of the software company's stock valued at $41,000 after purchasing an additional 100 shares during the last quarter. Finally, North Point Portfolio Managers Corp OH bought a new position in Adobe during the third quarter worth about $30,000. Institutional investors and hedge funds own 81.79% of the company's stock.

Adobe Price Performance

ADBE stock opened at $251.67 on Friday. Adobe Inc. has a 1 year low of $190.12 and a 1 year high of $363.70. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a market cap of $97.95 billion, a price-to-earnings ratio of 14.04, a P/E/G ratio of 0.84 and a beta of 1.42. The company has a 50 day simple moving average of $256.97 and a 200 day simple moving average of $242.95.

Adobe (NASDAQ:ADBE - Get Free Report) last released its quarterly earnings data on Thursday, September 10th. The software company reported $6.13 earnings per share for the quarter, beating the consensus estimate of $6.08 by $0.05. The company had revenue of $6.76 billion for the quarter, compared to the consensus estimate of $6.69 billion. Adobe had a return on equity of 65.65% and a net margin of 28.05%. Adobe's revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter last year, the business posted $5.31 EPS. Adobe has set its Q4 2026 guidance at 6.300-6.350 EPS and its FY 2026 guidance at 24.450-24.500 EPS. Research analysts anticipate that Adobe Inc. will post 20.01 EPS for the current fiscal year.

Trending Headlines about Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Expanded NVIDIA partnership supports AI growth narrative. Adobe and NVIDIA will optimize Photoshop, Premiere, Substance 3D, Frame.io and Brand Concierge to accelerate AI-powered creation, production and personalization. The collaboration strengthens Adobe’s positioning in “agentic” creative tools and may improve product performance and enterprise adoption. Adobe and NVIDIA Expand Collaboration to Speed Agentic Creation
• Positive Sentiment: Relief buying followed recent weakness. Investors may be placing greater weight on Adobe’s solid operating results, raised fiscal 2026 outlook and recent AI-related customer wins than on this week’s analyst downgrades. The company recently reported revenue growth and earnings above consensus, with full-year revenue projected at approximately $26.5 billion to $26.6 billion and non-GAAP EPS of about $24.35 to $24.45. Adobe Gains as Investors Appear to Reassess Recent Selloff
• Neutral Sentiment: Market conditions provided an additional tailwind. Adobe was among several software-as-a-service stocks that rebounded as falling Treasury yields brought buyers back after an AI-driven technology selloff. This factor may support the stock near term but is not specific to Adobe’s fundamentals. Adobe, HubSpot, Workday, Asana, and Workiva Shares Are Soaring
• Negative Sentiment: AI disruption concerns remain an overhang. HSBC downgraded Adobe from Buy to Hold, citing risks that generative AI tools and lower-cost or free alternatives could pressure Adobe’s competitive position and long-term growth. Reports highlighting free Adobe alternatives add to those concerns. HSBC Downgrades Adobe Stock Over Growing AI Software Disruption Risks
• Negative Sentiment: Insider selling may temper sentiment. Reported insider activity showed no purchases and multiple sales over the past six months, including sales by CEO Shantanu Narayen. While such transactions do not necessarily indicate deteriorating fundamentals, they can reinforce investor caution.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on ADBE shares. Weiss Ratings raised shares of Adobe from a "sell (d)" rating to a "sell (d+)" rating in a research report on Tuesday, September 1st. Phillip Securities downgraded Adobe from a "strong-buy" rating to a "hold" rating and decreased their target price for the company from $368.00 to $203.00 in a research report on Monday, June 29th. Stifel Nicolaus lifted their price target on Adobe from $200.00 to $225.00 and gave the stock a "hold" rating in a report on Wednesday, September 9th. Wells Fargo & Company cut shares of Adobe from an "overweight" rating to an "underweight" rating and dropped their price objective for the stock from $270.00 to $225.00 in a research note on Monday. Finally, CLSA began coverage on shares of Adobe in a research report on Monday, July 20th. They issued an "outperform" rating and a $300.00 price target for the company. Nine equities research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $283.90.

Insider Buying and Selling

In other Adobe news, CAO Jillian Forusz sold 416 shares of the firm's stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $264.33, for a total transaction of $109,961.28. Following the completion of the transaction, the chief accounting officer owned 3,824 shares in the company, valued at approximately $1,010,797.92. This trade represents a 9.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Shantanu Narayen sold 74,500 shares of the company's stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $251.56, for a total transaction of $18,741,220.00. Following the completion of the sale, the chief executive officer directly owned 289,224 shares in the company, valued at approximately $72,757,189.44. This represents a 20.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 125,416 shares of company stock worth $31,454,466. 0.20% of the stock is owned by insiders.

Adobe Company Profile

Adobe Inc NASDAQ: ADBE is a global software company that develops tools for creating, managing, delivering and analyzing digital content. Its products serve creative professionals, marketers, enterprises, students and individual consumers across a broad range of industries and geographies.

Adobe's Creative Cloud portfolio includes applications such as Photoshop, Illustrator, Premiere Pro, InDesign and Adobe Express for graphic design, photography, video, illustration and digital content creation.

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