Nissay Asset Management Corp Japan Purchases 4,065 Shares of Adobe Inc. $ADBE

Nissay Asset Management Corp Japan increased its position in Adobe Inc. (NASDAQ:ADBE - Free Report) by 3.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 127,620 shares of the software company's stock after purchasing an additional 4,065 shares during the period. Nissay Asset Management Corp Japan's holdings in Adobe were worth $26,165,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in ADBE. Western Pacific Wealth Management LP purchased a new position in shares of Adobe during the fourth quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Adobe in the 3rd quarter worth about $26,000. TrustBank bought a new position in shares of Adobe during the 4th quarter valued at approximately $28,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in Adobe during the second quarter valued at $28,000. Finally, Lloyd Advisory Services LLC. bought a new position in shares of Adobe during the 4th quarter worth $31,000. Institutional investors and hedge funds own 81.79% of the company's stock.

Insider Activity at Adobe

In related news, Director David A. Ricks purchased 10,000 shares of the business's stock in a transaction that occurred on Thursday, June 25th. The shares were bought at an average price of $194.51 per share, for a total transaction of $1,945,100.00. Following the purchase, the director directly owned 17,655 shares of the company's stock, valued at approximately $3,434,074.05. This represents a 130.63% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Jillian Forusz sold 416 shares of the business's stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total value of $109,961.28. Following the completion of the sale, the chief accounting officer directly owned 3,824 shares in the company, valued at $1,010,797.92. This trade represents a 9.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.20% of the stock is currently owned by company insiders.

Adobe News Roundup

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Adobe’s stock broke above technical resistance near $275 and $285 and reclaimed key moving averages. Analysts identified potential upside targets around $306.30 and $330.61, while a developing “golden cross” pattern is supporting bullish momentum ahead of the company’s upcoming earnings report. Adobe Stock Breakout Targets $306, Then $330 as ADBE Reverses
• Positive Sentiment: Strong results and guidance remain a fundamental support. Adobe’s latest quarter exceeded consensus estimates for both earnings and revenue, with revenue up 12.7% year over year; management’s fiscal 2026 EPS guidance is $24.35–$24.45.
• Positive Sentiment: Adobe is expanding AI capabilities across Photoshop, Firefly, Acrobat and Adobe Express. Photoshop’s optional prompt-based AI editing mode could improve product engagement and reinforce Adobe’s competitive position in creative software. Adobe Photoshop Adds a Whole New AI Editing Mode
• Positive Sentiment: An expanded, multiyear partnership with Stagwell will integrate Adobe’s data intelligence, creative transformation and AI tools into enterprise marketing initiatives, potentially supporting customer acquisition and retention. Stagwell Expands Strategic Partnership with Adobe
• Neutral Sentiment: Adobe benefited from a broader enterprise-software rally after Salesforce reported strong results, raised guidance and announced an Anthropic partnership. The move is a sector read-through rather than an Adobe-specific financial update. Salesforce Soars as Enterprise Software Rebounds
• Negative Sentiment: A comparison with Shopify suggests Adobe is lagging in AI-driven ecommerce, where Shopify is benefiting from faster gross merchandise volume growth, greater payments adoption and expanding agentic-commerce capabilities. This may raise concerns about Adobe’s relative growth opportunities outside its core creative and document franchises. SHOP vs. ADBE: Which Stock Has the Edge in AI-Driven Ecommerce?

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. BMO Capital Markets lowered their target price on shares of Adobe from $285.00 to $230.00 and set a "market perform" rating on the stock in a report on Friday, June 12th. Barclays cut their price objective on Adobe from $275.00 to $250.00 and set an "equal weight" rating for the company in a report on Friday, June 12th. Weiss Ratings cut Adobe from a "sell (d+)" rating to a "sell (d)" rating in a research note on Monday, August 17th. UBS Group cut shares of Adobe from a "buy" rating to an "equal weight" rating in a research report on Tuesday, July 21st. Finally, Mizuho decreased their price objective on Adobe from $270.00 to $245.00 and set a "neutral" rating on the stock in a report on Friday, June 12th. Seven investment analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, Adobe currently has an average rating of "Hold" and an average price target of $270.96.

Adobe Price Performance

ADBE stock opened at $291.52 on Friday. Adobe Inc. has a 1 year low of $190.12 and a 1 year high of $370.86. The company has a market cap of $115.88 billion, a P/E ratio of 16.68, a PEG ratio of 0.97 and a beta of 1.40. The firm has a 50-day moving average of $240.67 and a 200 day moving average of $245.14. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75.

Adobe (NASDAQ:ADBE - Get Free Report) last issued its quarterly earnings results on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, topping the consensus estimate of $5.82 by $0.14. Adobe had a return on equity of 65.11% and a net margin of 28.69%.The company had revenue of $6.62 billion for the quarter, compared to analysts' expectations of $6.45 billion. During the same period in the prior year, the firm earned $5.06 earnings per share. The firm's revenue for the quarter was up 12.7% on a year-over-year basis. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. On average, sell-side analysts forecast that Adobe Inc. will post 19.81 EPS for the current year.

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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