THORNBURG INVESTMENT MANAGEMENT INC has opened a new $20.6M position in $ADBE, per a new SEC 13F filing. This disclosure reflects the funds' holdings for the 09-30-2025 report period. You can see the fund's full portfolio on Quiver Quantitative, and also track the largest institutional owners of $ADBE.
$ADBE Hedge Fund Activity
We have seen 1,123 institutional investors add shares of $ADBE stock to their portfolio, and 1,479 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EDGEWOOD MANAGEMENT LLC removed 2,928,512 shares (-99.9%) from their portfolio in Q2 2025, for an estimated $1,132,982,722
- CAPITAL WORLD INVESTORS added 1,676,339 shares (+53.9%) to their portfolio in Q2 2025, for an estimated $648,542,032
- ASSENAGON ASSET MANAGEMENT S.A. removed 1,156,742 shares (-37.2%) from their portfolio in Q3 2025, for an estimated $408,040,740
- CAPITAL RESEARCH GLOBAL INVESTORS removed 846,416 shares (-39.6%) from their portfolio in Q2 2025, for an estimated $327,461,422
- D. E. SHAW & CO., INC. removed 845,697 shares (-63.5%) from their portfolio in Q2 2025, for an estimated $327,183,255
- KINGSTONE CAPITAL PARTNERS TEXAS, LLC removed 822,540 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $290,150,985
- FRANKLIN RESOURCES INC added 791,077 shares (+68.9%) to their portfolio in Q2 2025, for an estimated $306,051,869
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ADBE Insider Trading Activity
$ADBE insiders have traded $ADBE stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $ADBE stock by insiders over the last 6 months:
- JILLIAN FORUSZ (SVP & CAO) sold 149 shares for an estimated $50,344
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ADBE Government Contracts
We have seen $41,009 of award payments to $ADBE over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
$ADBE Congressional Stock Trading
Members of Congress have traded $ADBE stock 9 times in the past 6 months. Of those trades, 5 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $ADBE stock by members of Congress over the last 6 months:
- REPRESENTATIVE MARJORIE TAYLOR GREENE has traded it 3 times. They made 3 purchases worth up to $45,000 on 10/15, 09/11, 06/06 and 0 sales.
- SENATOR MARKWAYNE MULLIN sold up to $50,000 on 09/24.
- SENATOR JOHN BOOZMAN purchased up to $15,000 on 09/04.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 08/05.
- REPRESENTATIVE THOMAS H. KEAN, JR. sold up to $15,000 on 07/29.
- REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 06/23 and 1 sale worth up to $15,000 on 07/10.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$ADBE Analyst Ratings
Wall Street analysts have issued reports on $ADBE in the last several months. We have seen 11 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- DA Davidson issued a "Buy" rating on 09/12/2025
- Piper Sandler issued a "Overweight" rating on 09/12/2025
- BMO Capital issued a "Outperform" rating on 09/12/2025
- Evercore ISI Group issued a "Outperform" rating on 09/12/2025
- RBC Capital issued a "Outperform" rating on 09/12/2025
- Oppenheimer issued a "Outperform" rating on 09/09/2025
- Mizuho issued a "Outperform" rating on 09/08/2025
To track analyst ratings and price targets for $ADBE, check out Quiver Quantitative's $ADBE forecast page.
$ADBE Price Targets
Multiple analysts have issued price targets for $ADBE recently. We have seen 17 analysts offer price targets for $ADBE in the last 6 months, with a median target of $450.0.
Here are some recent targets:
- Keith Weiss from Morgan Stanley set a target price of $450.0 on 09/24/2025
- Brent Bracelin from Piper Sandler set a target price of $470.0 on 09/12/2025
- Keith Bachman from BMO Capital set a target price of $405.0 on 09/12/2025
- Karl Keirstead from UBS set a target price of $375.0 on 09/12/2025
- Kirk Materne from Evercore ISI Group set a target price of $450.0 on 09/12/2025
- Matthew Swanson from RBC Capital set a target price of $430.0 on 09/12/2025
- Gil Luria from DA Davidson set a target price of $500.0 on 09/12/2025
Note that there may be inaccuracies in these estimates due to filing errors by the funds, parsing errors by us, or other anomalies.
Check out Quiver Quantitative's $ADBE ticker page for more data.