Page 137 - Adobe News Today

Bridges Investment Management Inc. decreased its stake in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 1.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 71,810 shares of the software company’s stock after selling 937 shares during the period. Adobe comprises about 1.2% of […]

Founders Capital Management lowered its position in Adobe Inc. (NASDAQ:ADBE – Free Report) by 2.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,115 shares of the software company’s stock after selling 119 shares during the quarter. Adobe […]

Shares of Adobe Inc. (NASDAQ:ADBE – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $552.16, but opened at $532.11. Adobe shares last traded at $535.85, with a volume of 1,733,529 shares trading hands. Analysts Set New Price Targets A number of equities research analysts have recently […]

Adobe shares fall after earnings, while Meta, Microsoft, Nvidia also lose ground

LVM Capital Management Ltd. MI decreased its holdings in Adobe Inc. (NASDAQ:ADBE – Free Report) by 22.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,672 shares of the software company’s stock after selling 491 shares during the […]

DNB Asset Management AS lowered its stake in Adobe Inc. (NASDAQ:ADBE – Free Report) by 31.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 337,871 shares of the software company’s stock after selling 156,411 shares during the quarter. Adobe comprises approximately […]

Empower Advisory Group LLC bought a new stake in Adobe Inc. (NASDAQ:ADBE – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 47,434 shares of the software company’s stock, valued at approximately $18,029,000. A number of other hedge funds […]

AI Roundup: EU Chief Ursula von der Leyen calls for a global panel of experts to address the challenges of AI regulation; Adobe introduces generative AI features and new pricing plans and more.

Key Insights Given the large stake in the stock by institutions, Adobe's stock price might be vulnerable to their...

Adobe makes Photoshop and other editing tools that form the core of its Creative Cloud subscription software business. For the past six months, the company has been steadily adding new AI features to those programs, such as the ability to generate images from text.