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Bensler LLC lessened its stake in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) by 1.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,648 shares of the software company’s stock after selling 98 shares during the period. Bensler LLC’s holdings in Adobe […]

Adobe Inc shares moved higher after the closing bell on Thursday as the software and multimedia company posted second quarter earnings that topped...

Auxier Asset Management acquired a new position in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 684 shares of the software company’s stock, valued at approximately $230,000. Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Integrated Investment […]

Company raises annual targets for revenue, EPS and Digital Media net new ARR ... | June 15, 2023

Adobe Inc. (NASDAQ:ADBE – Get Rating)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $493.32 and last traded at $492.89, with a volume of 4794919 shares. The stock had previously closed at $479.53. Wall Street Analyst Weigh In Several research analysts recently issued reports […]

Adobe Inc (NASDAQ: ADBE) shares are trading higher in Thursday's after-hours session on the heels of the company's second-quarter results.

Equitable Trust Co. reduced its position in Adobe Inc. (NASDAQ:ADBE – Get Rating) by 37.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,130 shares of the software company’s stock after selling 9,625 shares during the quarter. Equitable […]

Strait & Sound Wealth Management LLC purchased a new position in shares of Adobe Inc. (NASDAQ:ADBE – Get Rating) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 754 shares of the software company’s stock, valued at approximately $260,000. Several other hedge funds […]

Shares of Adobe have gone gangbusters since early May, spiking 46% as news of its recent AI push resonates with investors. Adobe improved 2% to $490.91 during Thursday's regular trading session.

Adobe (NASDAQ:ADBE – Get Rating) issued an update on its FY23 earnings guidance on Thursday morning. The company provided EPS guidance of $15.65-15.75 for the period, compared to the consensus EPS estimate of $15.49. The company issued revenue guidance of $19250-19350, compared to the consensus revenue estimate of $19.30 billion. Adobe also updated its Q3 […]