Adobe (NASDAQ:ADBE) Stock Acquired Rep. Lisa C. McClain

Key Points

• Representative Lisa C. McClain purchased shares of Adobe Inc. (NASDAQ:ADBE) for an amount between $1,001 and $15,000 on June 23rd, as reported in a filing on August 13th.
• Adobe recently reported a quarterly earnings per share (EPS) of $5.06, exceeding analysts' expectations and reflecting a 10.6% increase in year-over-year revenue.
• Institutional investors own approximately 81.79% of Adobe's stock, with major holders including Vanguard Group Inc. and Bank of New York Mellon Corp. increasing their stakes recently.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Adobe Inc. NASDAQ: ADBE. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Adobe stock on June 23rd. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Adobe Trading Up 0.9%

Shares of ADBE traded up $3.1460 during mid-day trading on Tuesday, reaching $360.3860. The stock had a trading volume of 1,523,205 shares, compared to its average volume of 3,780,085. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.99 and a quick ratio of 0.99. Adobe Inc. has a 52-week low of $330.04 and a 52-week high of $587.75. The business's fifty day moving average is $370.66 and its 200 day moving average is $391.57. The firm has a market cap of $152.88 billion, a price-to-earnings ratio of 23.05, a P/E/G ratio of 1.68 and a beta of 1.51.

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

Analysts Set New Price Targets

ADBE has been the topic of a number of research analyst reports. JMP Securities reissued a "market perform" rating on shares of Adobe in a report on Monday, June 23rd. Bank of America raised their target price on shares of Adobe from $424.00 to $475.00 and gave the stock a "buy" rating in a research report on Friday, June 13th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $480.00 price objective on shares of Adobe in a research report on Thursday, June 5th. Robert W. Baird lifted their price objective on shares of Adobe from $410.00 to $425.00 and gave the company a "neutral" rating in a research report on Monday, June 16th. Finally, Melius lowered shares of Adobe from a "hold" rating to a "sell" rating and set a $310.00 price objective on the stock. in a research report on Monday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $467.58.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ADBE. Siemens Fonds Invest GmbH grew its holdings in shares of Adobe by 252.9% during the 4th quarter. Siemens Fonds Invest GmbH now owns 55,658 shares of the software company's stock worth $25,000 after purchasing an additional 39,888 shares during the period. 1248 Management LLC purchased a new stake in shares of Adobe during the 1st quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Adobe in the 1st quarter worth approximately $26,000. SWAN Capital LLC purchased a new position in Adobe in the 4th quarter worth approximately $28,000. Finally, Copia Wealth Management purchased a new position in Adobe in the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 81.79% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.