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December 15, 2023
Global Assets Advisory LLC bought a new stake in Adobe Inc. (NASDAQ:ADBE – Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,097 shares of the software company’s stock, valued at approximately $559,000. Several other institutional investors and hedge funds have […]
December 15, 2023
A number of research firms have changed their ratings and price targets for Adobe (NASDAQ: ADBE): 12/14/2023 – Adobe had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $650.00 price target on the stock. 12/14/2023 – Adobe had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They […]
December 15, 2023
Adobe (NASDAQ:ADBE – Get Free Report) posted its quarterly earnings data on Wednesday. The software company reported $4.27 EPS for the quarter, beating analysts’ consensus estimates of $4.13 by $0.14, MarketWatch Earnings reports. The company had revenue of $5.05 billion for the quarter, compared to analyst estimates of $5.01 billion. Adobe had a net margin […]
December 15, 2023
First National Bank of Mount Dora Trust Investment Services decreased its holdings in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,001 shares of the software company’s stock after selling 497 […]
December 15, 2023
Next year should bring a continued focus on AI, with Nvidia again leading the way. The big change is likely to be the return of IPOs.
December 15, 2023
First National Bank of Mount Dora Trust Investment Services cut its position in Adobe Inc. (NASDAQ:ADBE – Free Report) by 2.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,001 shares of the software company’s stock after selling 497 shares during the quarter. […]
December 15, 2023
Sendero Wealth Management LLC grew its holdings in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 3.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,120 shares of the software company’s stock after buying an additional 347 shares during the […]
December 15, 2023
Maple Capital Management Inc. lessened its holdings in Adobe Inc. (NASDAQ:ADBE – Free Report) by 13.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,077 shares of the software company’s stock after selling 162 shares during the period. Maple Capital Management […]
December 15, 2023
Adobe (NASDAQ:ADBE – Get Free Report) posted its quarterly earnings results on Wednesday. The software company reported $4.27 EPS for the quarter, topping the consensus estimate of $4.13 by $0.14, MarketWatch Earnings reports. The business had revenue of $5.05 billion during the quarter, compared to the consensus estimate of $5.01 billion. Adobe had a net […]
December 15, 2023
Symmetry Partners LLC grew its position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 5.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 3,106 shares of the software company’s stock after buying an additional 159 shares during the period. Symmetry Partners LLC’s holdings in Adobe were worth $1,584,000 as of its most […]