GUARDCAP ASSET MANAGEMENT Ltd Purchases 200,330 Shares of Adobe Inc. $ADBE

31 May 2026, 09:46 by Jessica Moore · The Cerbat Gem

GUARDCAP ASSET MANAGEMENT Ltd increased its stake in Adobe Inc. (NASDAQ:ADBE – Free Report) by 43.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 663,251 shares of the software company’s stock after acquiring an additional 200,330 shares during the period. Adobe makes up about 6.2% of GUARDCAP ASSET MANAGEMENT Ltd’s holdings, making the stock its 8th largest holding. GUARDCAP ASSET MANAGEMENT Ltd’s holdings in Adobe were worth $232,097,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of ADBE. Western Pacific Wealth Management LP acquired a new stake in shares of Adobe in the fourth quarter valued at $26,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Adobe in the third quarter valued at $26,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Adobe in the third quarter valued at $27,000. Caitlin John LLC acquired a new stake in shares of Adobe in the third quarter valued at $28,000. Finally, Beacon Financial Strategies CORP acquired a new stake in shares of Adobe in the fourth quarter valued at $28,000. 81.79% of the stock is currently owned by institutional investors and hedge funds.

More Adobe News

Here are the key news stories impacting Adobe this week:

Positive Sentiment: Adobe is seeing renewed buying ahead of its expected June 11 earnings release, with investors likely adjusting positions and leaning into a valuation rebound after a prolonged reset in software stocks. Adobe shares rise as investors position ahead of next earnings and lean into a valuation rebound
Positive Sentiment: Recent commentary highlighted Adobe’s AI strategy, including AI agents and Acrobat becoming more of an AI workspace, which supports the view that Adobe can adapt its products to new workflows and defend its enterprise software franchise. Adobe Acrobat Studio review: Acrobat becomes an AI workspace
Positive Sentiment: Adobe Analytics was named a “Champion” in Info-Tech Research Group’s 2026 Digital Analytics Data Quadrant, reinforcing the strength of Adobe’s analytics and customer-experience products. Top Digital Analytics Platforms Named 2026 Champions in Info-Tech Research Group’s Data Quadrant Report

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. TD Cowen reduced their price objective on Adobe from $400.00 to $325.00 and set a “hold” rating on the stock in a research note on Tuesday, March 10th. Citigroup reiterated a “neutral” rating on shares of Adobe in a research note on Friday, April 10th. Piper Sandler reduced their price objective on Adobe from $330.00 to $280.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Stifel Nicolaus reduced their price objective on Adobe from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Friday, March 13th. Finally, DA Davidson set a $300.00 price objective on Adobe in a research note on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, Adobe presently has an average rating of “Hold” and an average target price of $338.15.

Check Out Our Latest Analysis on Adobe

Insider Activity at Adobe

In related news, CFO Daniel Durn sold 1,336 shares of the stock in a transaction on Monday, April 20th. The stock was sold at an average price of $248.02, for a total value of $331,354.72. Following the transaction, the chief financial officer owned 42,833 shares of the company’s stock, valued at $10,623,440.66. This represents a 3.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Jillian Forusz sold 755 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $246.25, for a total value of $185,918.75. Following the transaction, the chief accounting officer directly owned 3,521 shares in the company, valued at approximately $867,046.25. The trade was a 17.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 77,091 shares of company stock valued at $18,782,773 over the last quarter. 0.20% of the stock is owned by insiders.

Adobe Stock Performance

NASDAQ:ADBE opened at $259.21 on Friday. The firm has a market capitalization of $104.77 billion, a PE ratio of 15.10, a price-to-earnings-growth ratio of 1.01 and a beta of 1.42. The business’s fifty day moving average price is $244.11 and its 200 day moving average price is $284.39. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.91 and a quick ratio of 0.91. Adobe Inc. has a 12 month low of $224.13 and a 12 month high of $421.48.

Adobe (NASDAQ:ADBE – Get Free Report) last posted its 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 for the quarter, compared to analyst estimates of $6.28 billion. Adobe had a return on equity of 64.48% and a net margin of 29.48%.Adobe’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.08 earnings per share. 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, sell-side analysts anticipate that Adobe Inc. will post 19.15 earnings per share for the current fiscal year.

Adobe declared that its Board of Directors has initiated a stock repurchase program on Tuesday, April 21st that permits the company to buyback $25.00 billion in outstanding shares. This buyback authorization permits the software company to reacquire up to 24.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

About Adobe

(Free Report)

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.